Listed by Larry Le - DRE #01278409 - PHP Group, Inc 408-657-9559

Meridian, San Jose San Jose, CA 95125

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Business Opportunities Residence
Beds
Baths
1,590 Sq. Ft.
1.13 Acre Lot

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Last updated on 11/15/2024 11:28 PM
Gong Cha is a dynamic and rapidly growing franchise that has taken the world of bubble tea by storm. Founded in 2006 in Taiwan. Gong Cha provides training ongoing support in marketing, supply chain management, and new product development, helping franchisees stay competitive and responsive to market... trends. This beautiful gorgeous Gong cha business for sales included all equipment to operate with good income for family easy to run. It have a large 1,590 Sq. Ft gross leasable area of premises in a strip center. Current rent is about $7,900.00 per month. Lease expired on 10/31/2028. Tenant will have the option to extend the Lease Term for two (2) additional periods of five (5) years each. Gross sales income from 01/01/2024 to 08/31/2021 is about $260,954.00 and the Net Income is about $72,312 from 01/01/2024 to 08/31/2024. Seller prefer a cash offer only! Buyer must sign the NDA form along with their financial statement to get information then make an appointment to show. For application to qualify to be a franchise of Gong cha, the Buyer must have a clear background check, a minimum liquid asset of $150k, and a passion for the boba tea entrepreneurship. Continue reading
MLS#
ML81984334
Property Type
Business Opportunities
Status
Square Feet
1,590 sq. ft
Lot Size
1.13

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Listed by Larry Le - DRE #01278409 - PHP Group, Inc 408-657-9559
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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