Active
00000 Meridian
SAN JOSE CA, 95125
$600,000
$377.36 per sqft
Active
1,590 sqft
Commercial
Listed by PHP Group, Inc, Larry Le, Listing Contact: 4089308721
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.
ML81984334
MLSⓇ ID
October 19, 2024
Listed
October 21, 2024
Updated
Map
00000 Meridian
SAN JOSE CA, 95125
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
1.13 Acres
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
Willow Glen
Garage
Yes
Garage Spaces
6
Parking Total
6
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
c
Listed by PHP Group, Inc, Larry Le,
Listing Contact: 4089308721
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Data last updated 8:16 PM UTC, 10/21/2024