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Gong Cha Franchise in Hoboken with absentee ownership

  • $350,000
Hoboken, NJ
Active NEW
Gong Cha Franchise in Hoboken with absentee ownership
Hoboken, NJ
  • $350,000

Description

For Sale: Gong Cha Franchise Business Located in the Commercial Center of Hoboken, New Jersey

Despite being operated under absentee ownership for the past seven years, this well-established business has been a beloved staple in the local community and has shown steady growth. Situated in an area with high traffic and pedestrian activity throughout the day, it is an ideal business for buyers looking for stable income with minimal risk. This business is attractive to individuals without prior business experience, those seeking a stable additional income, and experienced business owners looking to expand their current operations.

Details

Updated on November 7, 2024 at 11:54 am
  • C Land Property ID: HZ2300617
  • Price: $350,000
  • Business Type: Franchise, Restaurants & Food
  • Gross Sale: $447,000
  • Net Income: $150,000
  • Rent: $6,180/MO
  • Employees: 5
  • Inventory: Included in asking price
  • FF&E: Included in asking price
  • Size of Business: Building SF: 665
  • Location (City, State): Hoboken, NJ
  • Real Estate Status: Leased
  • Lease Expiration: 12/5/2028
  • Year Established: 2017
  • Address Hoboken, NJ
  • State/county NJ

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