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00000 Meridian, San Jose

San Jose, CA 95125
  • $550,000
  • STATUS: Active
  • ON SITE: 121 Days
  • ID#: ML81984334
UPDATED: 21 min ago
$550,000
  • 0
    BEDS
  • 1.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,590
    SQFT
  • $346
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Description

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. 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 is about over $480k per annual. The Net Income is about over $161k per year. Seller prefer cash offer only (No loan financing) Buyer must sign the NDA form to get more 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.

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Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-02-18T17:37:21.923.

www.jimmycastrogroup.com/homes/156946328
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00000 Meridian, San Jose San Jose, CA 95125

  • Price: $550,000
  • Status: Active
  • On Site: 121 Days
  • Updated: 21 min ago
  • ID#: ML81984334
0
Beds
0
Baths
0
½ Baths
1.13
Acres
1,590
SQFT
$346
$/SQFT
County:
Santa Clara
Property Description
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. 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 is about over $480k per annual. The Net Income is about over $161k per year. Seller prefer cash offer only (No loan financing) Buyer must sign the NDA form to get more 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.
Exterior Features

Lot Size Area 1.13 Parking Spaces Total 6

Interior Features

Building Area Total 1590 Heating Forced Air Heating YN Yes

Property Features

Association YN No Electric On Property YN No For Sale Or Rent For Sale Present Use 292051 Property Sub Type Comm Bus Opp Zoning c

Contra Costa Association of Realtors logo Listing courtesy of Larry Le of PHP Group, Inc: .


Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2025-02-18T17:37:21.923.

 
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Jimmy Castro Group | RE/MAX Gold
5030 Business Center Drive Ste 170
Fairfield CA, 94534