Hot Listing
Two Profitable Gong Cha Bubble Tea Shops – Fordham Bronx
Business Description
Two profitable Gong Cha bubble tea shops located in the heart of the Fordham section of the Bronx. Both stores are fully built-out to franchise standards and operate as turnkey businesses, with trained staff, established customer base, and all equipment, fixtures, and inventory included in the sale.
Each store generates $120K+ in annual net profit with strong 30–35% margins, making them highly attractive for both first-time entrepreneurs and seasoned investors. Favorable leases with extension rights provide security and long-term potential in one of the busiest corridors in the Bronx, with unmatched student and commuter foot traffic.
New ownership can continue under the Gong Cha franchise for brand recognition and support, or rebrand the stores into a private concept—a rare opportunity given there is no direct bubble tea competition in the Fordham area.
Each store generates $120K+ in annual net profit with strong 30–35% margins, making them highly attractive for both first-time entrepreneurs and seasoned investors. Favorable leases with extension rights provide security and long-term potential in one of the busiest corridors in the Bronx, with unmatched student and commuter foot traffic.
New ownership can continue under the Gong Cha franchise for brand recognition and support, or rebrand the stores into a private concept—a rare opportunity given there is no direct bubble tea competition in the Fordham area.
About the Business
- Years in Operation
- 2
- Number of Employees
- 16
- Franchise
- This business is an established 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
- $13,288.00 per month
- Lease Expiration
- 12/31/2030
About the Sale
- Seller Motivation
- Spending more time with my 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
- 380
Business Location
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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