1019 W Glendora Avenue

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This is a 15 years established Franchise tea shop for sale in a big plaza on Glendora Ave in West Covina. If you want to keep the franchise, you need to pay to the company for training. You can use your own brand to run the shop but seller won't train and needs to take the franchise items from the shop back before escrow closed. This is a stable business. 2 full time employees (Seller works as full timer) and 5 part time employees. They open 7 days a week from 11am to 11pm. Yearly gross is about $360,000. Net is about $96,000. Seller bought this business about 2 years ago. He is going to move to a new home and he can no longer take care of the business.
1019 W Glendora Avenue, West Covina, CA 91790 | Business Opportunity | Active | 1700 SF | MLS# WS19015842

Offered at $110,000

Features

Pool: No

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of November 21, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
YI LI WANG, UNITED R. E. PACIFIC, Source: Local MLS