17090 Magnolia Street

    Fountain Valley, CA 92708
    • $30,000
    • STATUS: Active
    • ON SITE: 262 days
    • ID#: PW17205679
    Price Reduced
    UPDATED: 82 min ago
    $30,000
    • 0
      BEDS
    • 0.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,080
      SQFT
    • $28
      $/SQFT
    Type:
    Business Opportunity
    Built:
    1973
    County:

    School Ratings & Info

    Description

    Ten Li Tea & Ginseng Co. is a rare well known & high quality tea retail including boba drink around Fountain Valley & Huntington Beach. This store has good reputation for selling high quality Taiwan Tea and variety artistic traditional superfine tea pot set items. Established 20 years, and this business has been built a huge customer list. The owner has taught customers how to appreciate TEA cultures, and enjoy its sweet & endless aftertastes. Ten Li Tea & Ginseng also sells Boba drinks and healthy fruit drinks. Open 7 days a week. In a nice shopping center with plenty parking next to CVS Pharmacy, ALDI Food Market, Excelsius Academy, etc... Convenient & busy location in Fountain Valley, close to 405 Fwy and Huntington Beach. Seller wants to retire. Call for detail of marketable high profit return with reasonable investment....

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-27T08:26:53.713. 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.
    oc.telesluxuryhomes.com/homes/76499800

    17090 Magnolia Street Fountain Valley, CA 92708

    • Price: $30,000
    • Status: Active
    • Updated: 82 min ago
    • ID#: PW17205679
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.7
    Acres
    1,080
    SQFT
    $28
    $/SQFT
    1973
    Built
    Neighborhood:
    16 - Fountain Valley / Northeast HB
    County:
    Orange
    Area:
    16 - Fountain Valley / Northeast HB
    Property Description
    Ten Li Tea & Ginseng Co. is a rare well known & high quality tea retail including boba drink around Fountain Valley & Huntington Beach. This store has good reputation for selling high quality Taiwan Tea and variety artistic traditional superfine tea pot set items. Established 20 years, and this business has been built a huge customer list. The owner has taught customers how to appreciate TEA cultures, and enjoy its sweet & endless aftertastes. Ten Li Tea & Ginseng also sells Boba drinks and healthy fruit drinks. Open 7 days a week. In a nice shopping center with plenty parking next to CVS Pharmacy, ALDI Food Market, Excelsius Academy, etc... Convenient & busy location in Fountain Valley, close to 405 Fwy and Huntington Beach. Seller wants to retire. Call for detail of marketable high profit return with reasonable investment....
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Seating Capacity 10

    Property Features

    Accounting Type Proforma Additional Parcels YN No Building Area Units Square Feet Business Type Food & BeverageHealth FoodRetail Country Us Equipment Expense 50.00 Equipment Value 3000 Gross Operating Income 7000.00 Hours Owner Works 9 Inventory Value 60000 Leasable Area Units Square Feet Lease Renewal Option YN Yes Net Profit 3000 Number Of Full Time Employees 1 Number Of Part Time Employees 1 Operating Expense 4000.00 Reason For Selling Retire Total Actual Rent 2171.45 Year Built Source Assessor Year Established 1996 Years Current Owner 20

    Listing provided courtesy of Paul Nguyen of Realty Savers.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-27T08:26:53.713. 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.
     
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