For Sale

New Modern Independent Coffee & Bubble Tea Shop – In The Heart of Chicago’s South Loop

In An Historic Neighborhood With An Incredible Mix Of Residential & Commercial Establishments

Chicago , IL

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Food Type: Cafe, Coffee Shop

Service Type: Fast Food

Business Type: Independent

Sale Type: Asset Sale

Asking Price: $90,000

Gross Sales: $(Asset Sale)

Net Operating Income: $(Asset Sale)

Monthly Rent: $4,500

Lease Expiration: 04/2032

Lease Options: (Contact For)

Year Established: Apr 2023

Owner Operated: Yes

Seller Financing: No

Summary:

Specializing in artisanal coffee drinks, teas, refreshers, smoothies and frappes along with a delightful selection of bubble tea (boba) drinks. In addition to delicious bagels, donuts, pastries and more.

Simple operation - counter service. Dine-in, carryout or pickup, plus delivery. Online ordering also available. Lots of counter space to sit at with power connections (free Wi-Fi). Currently seats 20, but has room for 20 more!

Gorgeous modern build-out. Features high ceilings, expansive windows, exquisite lighting, contemporary furnishings, cool concrete floors and more. Plus, ample street and garage parking.

Boasts a fully equipped open kitchen with state-of-the-art espresso machine, brewing equipment and specialized bubble tea stations. Including a cold brew grinder, drip grinder, espresso grinders, automatic drip machines, hot tea boilers, bubble tea shakers, commercial blender, conveyor toaster, electric warmer, Pepsi cooler (leased), 3-door fridge, ice machine, Square POS system, electronic menu board and more.

Established just over a year. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. Turnkey!

Family owned and operated. No financials. Priced lower than the cost to build-out. And benefits from its low rent for the area!

If you love coffee/bubble tea and have always wanted to own your own shop, this is the perfect opportunity for you!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Competition:

Top notch. Amazing handcrafted beverages. Outstanding specialty drinks. A delightful selection of brews and fresh teas. Refreshing bubble teas. Great tasting smoothies. Everything quick and tasty. Locally sourced baked goods. Environmentally friendly. Known for their quality offerings and friendly service!

All in an awesome spot. A cozy oasis with inviting décor and a wonderful atmosphere with a chill vibe!

Plus, a strategic location. Well-positioned in an esteemed neighborhood in a coveted area of the city!

Growth and Expansion:

Community favorite. Area gem. Beloved independent coffee and bubble tea shop. Cozy neighborhood cafe. Best coffee in the South Loop. The new go-to place. A regular stop for many. Loyal customer base. Constant stream of customers from nearby residences, businesses, attractions and more.

Rated 4.9 Google, 4.7 Yelp and more. Highly rated and recommended, stellar reputation and solid foundation to continue to build upon!

Also, the opportunity for growth and expansion through menu enhancements and catering/delivery services.

Location:

Prime retail space in the heart of the South Loop, a vibrant area just south of downtown. In a sought-after historic neighborhood with an incredible mix of residential and commercial establishments, attracting both locals and tourists alike. Its central location provides easy access to/from downtown amenities, dining, shopping, entertainment, cultural attractions and Lake Michigan!

County: Cook

Facilities:

Lease Information: Leased space $4,500/mth gross. Current lease expires Apr 2032.

Square Feet: 921.

Seating: 20 (Room For 20 More).

Days/Hrs of Operation: Mo-Th 7a-1p, Fr 7a-3p, Sa-Su 9a-4p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price (Valued at $100,000).

Value of Inventory: Not Included In Asking Price.

Number of Employees: 2.

Support/Training: Negotiable on-site comprehensive training.

Seller Financing Available: No.

Reason for Selling: Other business interests.

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