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Thriving Gong Cha Franchise in Prime Ridgefield Mall Location

  • $160,000
Ridgefield, NJ
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Thriving Gong Cha Franchise in Prime Ridgefield Mall Location
Ridgefield, NJ
  • $160,000

Description

This Gong Cha franchise store is located in a highly trafficked shopping mall in Ridgefield, making it a beloved and thriving business within the local community. Currently operating under absentee ownership, it presents an excellent investment opportunity for buyers seeking stable returns. Additionally, for those who prefer hands-on management, there is significant potential to further increase profitability.

Situated along the main exit corridor of the shopping mall, the store enjoys a prime location where all visitors must pass by, ensuring maximum visibility and foot traffic.

The asking price includes the $15,000 ownership transfer fee, so the buyer does not need to pay any additional franchise transfer costs.

Details

Updated on February 24, 2025 at 4:04 pm
  • Price: $160,000
  • Property Size: 900 Sq Ft
  • Property Type: Franchise
  • Gross Sale: $240,000
  • Net Income: $53,000
  • Rent: $3,084/M
  • Employees: 5
  • Inventory: Included in Asking Price
  • Location (City, State): Ridgefield, NJ
  • Lease Expiration: ~12/15/2037
  • Year Established: 2021
  • Address Ridgefield, NJ
  • State/county NJ

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