Property summary
This exceptional investment opportunity presents a thriving national bubble tea franchise in Harrisonburg, Virginia. Located at 1645 Reservoir St, 22801, this 1,200 square foot retail space boasts eight years of consistent operation and profitability, even under absentee ownership. The franchise enjoys a prime location with high foot traffic, particularly from nearby university students, and has cultivated a strong local following as the only national bubble tea brand in the area. Financial records reveal a gross revenue of $407,000 and a cash flow of $73,000. The asking price is $150,000, which includes $75,000 in furniture, fixtures, and equipment (FF&E) and $15,000 in inventory. Monthly rent is $2,500, making this a compelling net lease investment. The business has a proven track record of success and presents a rare opportunity to acquire a well-established, cash-flowing enterprise with significant growth potential. This turnkey operation is ideal for an investor seeking a low-management, high-return investment in a vibrant market. The property is offered as a net lease.
Property profile
VerifiedCap rate & NOI
Current use
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Military Recruiting Office
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(Bike/Boat/Book/etc) Store Grocery & Convenience Store
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Cosmetic Store
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Travel Agency
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Hardware & Home Improvement Furniture & Home Goods
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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