Established Boba Tea
New
For Sale
$175,000
C-11130 Magnolia Ave, Riverside, CA 92503
The operating business includes existing equipment, infrastructure, and store operations.
Property SizeContact for details
Days on Market6
Property Features for C-11130 Magnolia Ave
General Information
Standard status
Active
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Highway Access
Yes
Listing Agency:
Coldwell Banker Top Team
(909) 287-2222
Listed By:
Silvia Alvarran · License #01262427
(909) 730-6148
Source:
Exprealty
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 10 at 12:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Top Team
Investment Insights
Based on property information with market context.
An established specialty beverage business operates from Westgate Plaza at Magnolia Avenue and La Sierra Avenue in Riverside. The shop offers fruit teas, milk teas, smoothies, specialty drinks, and savory snacks, with existing equipment and infrastructure in place. The business has been under the same ownership for eight years and is offered as an existing operation, subject to applicable franchise, landlord, and other transfer approvals. The listing notes it may also be sold without the franchise.
The shopping center is minutes from the 91 Freeway and near Kaiser Permanente Riverside Medical Center, Galleria at Tyler, and La Sierra University. The surrounding area includes residential neighborhoods, retail businesses, restaurants, medical facilities, and educational institutions.
The shopping center is minutes from the 91 Freeway and near Kaiser Permanente Riverside Medical Center, Galleria at Tyler, and La Sierra University. The surrounding area includes residential neighborhoods, retail businesses, restaurants, medical facilities, and educational institutions.
Key Highlights
- Eight years under the same ownership
- Existing store operations, equipment, and infrastructure
- Menu includes fruit teas, milk teas, smoothies, specialty drinks, and savory snacks
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 31%
7-Eleven
Shops & Services
6,917 visits/mo
0.3 miles
Little Caesars Pizza
Dining
3,752 visits/mo
0.4 miles
Watermill Express
Shops & Services
1,284 visits/mo
0.3 miles
Demographics for 92503, CA
90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coffee shop - The operating business includes existing equipment, infrastructure, and store operations.
Where is this coffee shop located?
The property is located at C-11130 Magnolia Ave Riverside, CA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Eight years under the same ownership; Existing store operations, equipment, and infrastructure; Menu includes fruit teas, milk teas, smoothies, specialty drinks, and savory snacks
