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Dual Concept Franchise Opportunity Business For Sale

Virginia, US
Asking Price:
$175,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$654,000 (USD)
Cash Flow:
$74,000 (USD)

Dual Concept- cinnamon roll and decadent drink franchise known worldwide by those who crave and appreciate a sweet indulgence. The tea is a relatively young concept featuring traditionally brewed and prepared, primarily Taiwanese, Black, Green,and Oolong teas.The addition of boba (bubbles) and assorted freshly made toppings to the drinks appeals to a diverse and expanding clientele.

This is a great turn-key opportunity for a serious owner/operator who is ready to step in and start making money.

Estimated total start-up costs are approximately $200,000.Costs not included in asking price include Franchise Agreement transfer fees, Lease assignment fees, Legal Fees, Training and travel costs and initial operating capital

Property Information

Real Estate:


Lease Terms:

Current Lease term expires 10/2022 . Current Lease is fully assignable to new owner. Actual monthly rent charge is $7,177.19 which includes a charge of $155 monthly for additional storage space located within the mall. Business is subject to a percentage rent charge of 8% for combined sales exceeding $500,000 annually. 2018 Percentage rent was $12,498. Owner escrows an additional $1,000 monthly in anticipation of annual Percentage rent charge.

Leasehold Rent:

$8,177 (USD) per annum


Sterling/Dulles. The business is located in an upscale shopping mall.

Premises Details:

The business encompasses 850 sq.ft. The storefront is partially divided to differentiate the two concepts. The back of the store is shared.

Size in square feet:
850 Sq. ft.

Business Operation

Expansion Potential:

There is expansion potential within the mall

Competition / Market:

Their is no direct competition in the mall.

Reasons for selling:

Owners plan to retire in near future.

Trading hours:

Food is open for business 7 days a week. Monday thru Saturday 10am to 9:30 pm. Sunday 11am to 7pm. Tea is open for business Monday thru Saturday 11am to 9:30 pm. Sunday 11am to 7pm. Store hours for both concepts are extended during year-end holiday season.

There are currently 12 Employees. 5 Full time and 7 Part time.
Years established:
Food Franchise opened for business in 2014. The space was re-configured to accomodate Kung Fu Tea in 2017. Tea franchise opened for business in August 2017.

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise Agreement for each concept is fully transferable to new owner.

Other Information

Support & training:

Comprehensive training and support are provided by the Franchisor for both concepts.

Furniture / Fixtures value:
$75,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price

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