Specialty Tea Business - Very Low Competition and Huge Potential

Los Angeles County, CA (Relocatable)

Specialty Tea Business - Very Low Competition and Huge Potential
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Asking Price: $140,000

Cash Flow: $71,171

Gross Revenue: $171,035

EBITDA: N/A

FF&E: $0

Inventory: $300,000*

Established: 2008

*not included in asking price.

Specialty Tea Business - Very Low Competition and Huge Potential

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Business Description

This business has access to the finest quality of teas and has a high quality reputation with more than 6,500 loyal clients in the database. There are very few Pu-erh Tea vendors in the US, and this company is considered one of the most trusted vendors nationwide. Alliances with renowned tea masters and the fact that product is sourced directly from tea farmers in China, gives a competitive advantage that assures quality and continuity. Many repeat clientele, and most new clients are coming from word of mouth. The revenue grew 14% in 2020 vs 2019, and Pu-erh Tea popularity has been growing during the last few years. Seller wants to retire but is passionate to remain as an advisor. Inventory is negotiable and could be handled in a consignment deal with the seller. For additional information please contact listing agent Felizardo Gaxiola at 760-851-2185 or fgaxiola@fcbb.com

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Not included in asking price
Employees:
1
Facilities:
This is a home based location. Seller is active in the business with 1 FT employee. $300,000 in Inventory is not included in Asking Price. (Home Based)
Support & Training:
3 Months
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
Business Website:
http://riverside.fcbb.com/home-based/us-online-sales/specialty-tea-business-for
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Felizardo Gaxiola

Business Listed By:
Felizardo Gaxiola

First Choice Business Brokers - Riverside

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

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Ad#:1836274

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