GONG CHA in OC - World famous bubble tea brand

Orange County, CA

Grapefruit Green Tea - Delicious!
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Asking Price: $99,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,987.75 /Month

Established: 2018

GONG CHA in OC - World famous bubble tea brand

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Business Description

Absentee run bubble tea shop FOR SALE - Unmatched quality and taste

Gong Cha today is one of the most recognized bubble tea brands around the world. Known for quality tea and service, Gong Cha has withheld its reputation against many existing competitors.

Founded in 2006 in Kaohsiung, Taiwan; Gong Cha, which translates to “tribute tea for the emperor” opened its doors into a highly saturated bubble tea market.

The success of Gong Cha in Taiwan was proof that customers responded favorably to the premium quality tea, products & services offered:

Fresh Tea brewed every 4 hours
Pearl (bubbles) cooked to perfection every 4 hours
Tea sourced from the finest Taiwan tea estates
Strict quality control for all ingredients
Gong Cha USA specialty known as “Milk Foam” became a hit with many customers as it offered a new take on tea-based drinks. Our milk foam is a slightly salted cream topping above freshly brewed tea.

Since its establishment in 2006, Gong Cha has expanded to over 15 countries and 1500+ locations worldwide and growing. This includes Taiwan, Hong Kong, China, Malaysia, Philippines, South Korea, Japan, Singapore, Thailand, Macau, Cambodia, Brunei, Indonesia, Australia, New Zealand, Canada and USA.

In 2009, Gong Cha opened its first overseas franchise store in Hong Kong. The success of Gong Cha here was very important as it confirmed the brands success to consumers outside of Taiwan.

In 2012, Gong Cha was brought to Korea. In just two years, over 200 outlets opened up in the city of Seoul. The success of bringing Taiwanese bubble tea culture to Korea was only more telling of Gong Cha’s brand reputation.

Gong Cha continues to prosper in Asian area. In 2014, it was voted the most popular brand in Korea. In 2013 and 2014, Gong Cha was voted the most popular F&B brand in Singapore.

In April 2014, Gong Cha USA opened its first franchise store in Flushing, Queens (New York). To this day there are 17 outlets total within New York, New Jersey, Massachusetts, Texas ( and many more opening soon!).

Gong Cha’s continuous development around the world hasn’t affected its initial mission to provide every customer quality tea products. Our core values of quality, innovation and service have made Gong Cha the successful bubble tea brand it is today.

Detailed Information

Location:
Orange County, CA
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
8
Growth & Expansion:
There is an abundance of seating to accommodate large parties and private events. Multiple schools are within walking distance. Owner has not done much independent advertising, so there is plenty of room for growth potential. Catering and online orders (postmates, uber eats, etc.) have room for growth as well.
Franchise:
This business is an established franchise
Business Website:
http://www.gongchausa.com/
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Business Listed By:
Rebecca Kim

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