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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sunaina Arora | CA DRE# 01915860 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Sunaina Arora | CA DRE# 01915860 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 8:16 PM UTC, 10/21/2024

 

 

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