00000 Meridian, San Jose, SAN JOSE, CA

$550,000

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1,590

Square feet

1.13

Acres

About 00000 Meridian, San Jose

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.

Features of 00000 Meridian, San Jose

MLS® # ML81984334
Price $550,000
Square Footage 1,590
Acres 1.13
Type Business
Sub-Type Business for Sale
Status Active

Community Information

Address 00000 Meridian, San Jose
Area Willow Glen
City SAN JOSE
County Santa Clara
State CA
Zip Code 95125

Amenities

Utilities Public Utilities
Parking Spaces 6
Is Waterfront No

Interior

Heating Central Forced Air Heat
Cooling Central Air Conditioning
Fireplace No

Exterior

Roof Tar and Gravel Roof

Additional Information

Zoning c
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLarry Le
OfficePHP Group, Inc
Contact Info408-930-8721

Listing Map

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