7
See all 7 photos
$550,000
Est. payment /mo
1,590 SqFt
Price Dropped by $50K
00000 Meridian, San Jose San Jose, CA 95125
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
01/28/2025 05:35 PM
Key Details
Property Type Commercial
Sub Type Business for Sale
Listing Status Active
Purchase Type For Sale
Square Footage 1,590 sqft
Price per Sqft $345
MLS Listing ID ML81984334
Originating Board MLSListings, Inc.
Lot Size 1.130 Acres
Property Sub-Type Business for Sale
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.
Location
State CA
County Santa Clara
Area Willow Glen
Zoning c
Interior
Heating Central Forced Air
Cooling Central AC
Exterior
Parking Features Common Parking Area
Garage Spaces 6.0
Utilities Available Public Utilities
Roof Type Tar and Gravel
Building
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.
Listed by Larry Le • PHP Group, Inc
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "