Turnkey Gong Cha Bubble Tea

Asking Price$250,000

Cash Flow

EBITDA$280,000

Gross Revenue$560,000

Inventory$50,000
Included in asking price
FF&E$100,000
Included in asking price
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Turnkey Gong Cha Bubble Tea


Asking Price$250,000

Cash Flow

EBITDA$280,000

Gross Revenue$560,000

Inventory$50,000
Included in asking price
FF&E$100,000
Included in asking price
Business Description
TURNKEY GONG CHA BUBBLE TEA - PROFITABLE FORDHAM BRONX LOCATION

Established in 2023, this profitable Gong Cha franchise offers an exceptional opportunity in the heart of Fordham, Bronx. The turnkey operation generates $560,000 in annual revenue with $140,000 in cash flow, demonstrating strong 25% profit margins in a prime high-traffic location.

BUSINESS HIGHLIGHTS:
• Established franchise with proven business model and brand recognition
• Strong financial performance: $560,000 revenue, $140,000 cash flow, $280,000 EBITDA
• Strategic location with heavy student and commuter foot traffic
• No direct bubble tea competition in the area - unique market advantage
• Fully trained staff of 16 employees with established SOPs
• Absentee owner operation - ideal for investors
• 900 sq ft fully built-out space meeting franchise standards
• Favorable lease at $3,727/month with extension rights

FINANCIAL OVERVIEW:
The business demonstrates excellent profitability with consistent cash flow. All equipment, fixtures ($100,000 value), and inventory ($50,000 value) are included in the $250,000 asking price, providing immediate operational capability.

LOCATION & MARKET:
Situated in one of the busiest corridors in Fordham, Bronx, the location benefits from unmatched foot traffic from students and commuters. The absence of direct bubble tea competition provides a significant competitive advantage in this densely populated area.

GROWTH POTENTIAL:
Gong Cha is experiencing aggressive franchise expansion with 19% year-over-year growth and plans for 500+ U.S. locations by 2028. The brand's global presence of 2,100+ stores across 28 countries provides strong operational support and proven systems.

OWNER SUPPORT:
Seller provides comprehensive training and transition support, including established Standard Operating Procedures to ensure seamless ownership transfer and continued success.

This turnkey opportunity offers new ownership the flexibility to continue under the established Gong Cha franchise or rebrand as a private concept while maintaining the competitive market position.
About the Business
Years in Operation
3
Employees
8 Part-time
Franchise
This business is an established Gong Cha franchise
Facilities & Assets
Fully built-out Gong Cha shops with commercial-grade equipment, fixtures, signage, inventory, and staff. Favorable Fordham Bronx leases with extension rights included.
Website
https://gongchausa.com/
Market Outlook / Competition
Located in the heart of Fordham Bronx with heavy student and commuter traffic. No direct boba competition in the area — these are the only dedicated bubble tea stores, giving a unique market advantage.
Opportunities for Growth
Gong Cha is ramping up franchise growth aggressively. In the U.S., growth is accelerating via a new direct-franchising model—beyond the initial master-franchise approach—which fueled a 19% year-over-year store increase, with an additional 130+ planned in the Americas in 2024 alone. Across the U.S., Gong Cha aims to reach over 500 locations by 2028, supported by still-strong global expansion, with more than 2,100 stores across 28 countries as of early 2025, and a global goal of 10,000 outlets by 2032.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
900
Rent
$3,727.00 per month
About the Sale
Seller Motivation
To have more time for family.
Transition Support
Seller will provide training and transition support, including established Standard Operating Procedures (SOPs) to ensure smooth operations and continued success.
Listing Info
ID
2404377
Listing Views
1770
Business Location

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Business Listed by: Michael Ngai

Listing ID: 2404377 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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