Franchise Beverage Store for Sale

Queens, NY
Asking Price:$200,000
Gross Revenue:$350,000
Rent:$4,900/Month
FF&E:$100,000
Cash Flow:$235,000
Inventory:$20,000
EBITDA:$209,000
Established Year:2021
BUSINESS DESCRIPTION

Franchise Bubble Tea Store

Gong Cha FDD store for sale in Mid-Flushing, NY.


DETAILED INFORMATION
Location
Queens, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
31/08/2027
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
the store is equipped with a fully functional franchise approved bubble tea beverage store plus an additional equipment to run a separate desert store
Competition
Mid-Flushing is a vibrant residential and commercial market, most notable location on the Northern Blvd in Mid Flushing
Growth & Expansion
the current FDD has approved a secondary business within the current location
Financing
SBA
Support & Training
2 weeks post-closing training, if necessary
Reason for Selling
too long commute and back to school
Franchise
This business is an established franchise

BUSINESS LOCATION
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Terri Lee
Terri Lee