Description

Fantastic long-time family owned Ice Cream and Boba Tea operation. No powders as they use real fruit. Owned and operated by the same family since 1993. Very popular and great location with hundreds of people walking by daily. Downtown Oakland Chinatown. Inside seating for 8 and plenty of seating in the beautiful outdoor courtyard of the main structure. The space leased is 355 sf. They are open 7 days a week. Now the hours are 12 - 6 pm. Before the pandemic they were open from 11 am - 8:30 pm. All of the equipment is owned and worth approximately $20,000. There are no employees as the owner operates the shop himself. He is retiring after the sale of the business and will train the new owner. There is plenty of parking on the street and underground at the site. Current monthly rent is $2,000/month and the lease runs through 4/14/2021. The owner has agreed to extend the lease to 4/14/2022 with a decreased rent of $1,500/month.