Kung Fu Tea Franchise - Astoria, Queens
Business Description
Great opportunity to take over a Kung Fu Tea franchise located in the heart of Astoria, Queens. Situated in a busy area with strong foot traffic, this location benefits from excellent visibility and consistent neighborhood activity. The business is surrounded by restaurants, shops, and residential buildings in a vibrant commercial corridor.
The space is fully equipped with the necessary bubble tea preparation equipment and POS system needed to operate immediately, making it a turnkey opportunity for an owner-operator or investor looking to enter the bubble tea or beverage market.
This is currently the only Kung Fu Tea location serving this part of Astoria, offering strong brand recognition and local demand. The current owner can provide up to two weeks of training to assist with a smooth transition if the buyer wishes to continue operating the franchise.
Due to the below-market rent and prime Astoria location, the space also offers flexibility for a new concept. A buyer may choose to transform the space into a café, dessert shop, retail store, pop-up concept, or other retail or food and beverage operation depending on their vision.
The space is fully equipped with the necessary bubble tea preparation equipment and POS system needed to operate immediately, making it a turnkey opportunity for an owner-operator or investor looking to enter the bubble tea or beverage market.
This is currently the only Kung Fu Tea location serving this part of Astoria, offering strong brand recognition and local demand. The current owner can provide up to two weeks of training to assist with a smooth transition if the buyer wishes to continue operating the franchise.
Due to the below-market rent and prime Astoria location, the space also offers flexibility for a new concept. A buyer may choose to transform the space into a café, dessert shop, retail store, pop-up concept, or other retail or food and beverage operation depending on their vision.
About the Business
- Years in Operation
- 5
- Employees
- 8 Part-time
- Franchise
- This business is an established franchise
- Facilities & Assets
- All furniture, fixtures, and equipment included in the sale, including bubble tea preparation equipment, sealing machines, tea brewers, refrigerators/freezers, blenders, prep stations, POS system, menu boards, shelving, and existing inventory and supplies used for daily operations.
- Market Outlook / Competition
- Located in a high-traffic area of Astoria, Queens, with strong local demand for bubble tea and dessert concepts. This is currently the only Kung Fu Tea location serving this part of Astoria, offering a strong brand presence and limited direct competition in the immediate area.
- Opportunities for Growth
- Ability to increase revenue through stronger marketing efforts, including social media advertising, partnerships with local schools, and participation in community events.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 500
- Rent
- $2,300.00 per month
- Lease Expiration
- 6/1/2031
About the Sale
- Seller Motivation
- Personal Reasons
- Transition Support
- Current owner can provide up to 2 weeks of training to assist with the transition if the buyer wishes to continue operating the Kung Fu Tea franchise.
- Financing Options
- Cash Only
Listing Info
- ID
- 2481832
- Listing Views
- 21
Business Location
Listing ID: 2481832 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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