Profitable Business in Prime Brooklyn Downtown Location, Near NYU
Business Description
Established Bubble Tea Franchise - Prime Downtown Brooklyn Location
This thriving bubble tea franchise has operated successfully since 2014 in a premier downtown Brooklyn location near NYU and City Point. The 990 square foot store generates impressive annual revenue of $680,000, benefiting from consistent foot traffic from office workers, students, shoppers, and tourists in this bustling commercial district.
Key Business Features:
- Profitable operations with stable revenue stream
- Strategic downtown location with heavy pedestrian traffic
- Proven franchise model with established brand recognition
- Owner-operator friendly business structure
- Secure lease through December 2029
The location's proximity to major transit corridors ensures steady customer flow throughout operating hours. The business currently utilizes delivery platforms like Seamless and has substantial growth potential through enhanced digital ordering capabilities and health-focused menu expansion to meet evolving consumer preferences.
Financial Summary:
- Annual Revenue: $680,000
- Monthly Lease: $13,533
- Equipment & Fixtures: $150,000
- Inventory: $10,000 (included in sale)
Comprehensive franchise support includes mandatory training for owners and managers covering brand standards, operations, inventory management, food safety, and POS systems. Staff training encompasses tea brewing techniques, preparation standards, and sanitation protocols.
Growth Potential:
The bubble tea market shows strong projected growth through 2031, driven by health trends and customization demand. Opportunities exist to expand contactless ordering, introduce healthier menu options, and leverage the high-visibility location to capture increased market share.
Reason for Sale: Owner relocating out of state with family.
This turnkey operation presents an excellent opportunity to acquire a profitable, established business in one of Brooklyn's most desirable commercial areas.
This thriving bubble tea franchise has operated successfully since 2014 in a premier downtown Brooklyn location near NYU and City Point. The 990 square foot store generates impressive annual revenue of $680,000, benefiting from consistent foot traffic from office workers, students, shoppers, and tourists in this bustling commercial district.
Key Business Features:
- Profitable operations with stable revenue stream
- Strategic downtown location with heavy pedestrian traffic
- Proven franchise model with established brand recognition
- Owner-operator friendly business structure
- Secure lease through December 2029
The location's proximity to major transit corridors ensures steady customer flow throughout operating hours. The business currently utilizes delivery platforms like Seamless and has substantial growth potential through enhanced digital ordering capabilities and health-focused menu expansion to meet evolving consumer preferences.
Financial Summary:
- Annual Revenue: $680,000
- Monthly Lease: $13,533
- Equipment & Fixtures: $150,000
- Inventory: $10,000 (included in sale)
Comprehensive franchise support includes mandatory training for owners and managers covering brand standards, operations, inventory management, food safety, and POS systems. Staff training encompasses tea brewing techniques, preparation standards, and sanitation protocols.
Growth Potential:
The bubble tea market shows strong projected growth through 2031, driven by health trends and customization demand. Opportunities exist to expand contactless ordering, introduce healthier menu options, and leverage the high-visibility location to capture increased market share.
Reason for Sale: Owner relocating out of state with family.
This turnkey operation presents an excellent opportunity to acquire a profitable, established business in one of Brooklyn's most desirable commercial areas.
About the Business
- Years in Operation
- 11
- Employees
- 9 (9 Full-time)
- Franchise
- This business is an established Gong Cha franchise
- Facilities & Assets
- Commercial tea brewers
Tea shakers (manual or automatic)
Cup sealing machine
Fructose dispenser (for sugar control)
Ice machine
Blenders (for slush / smoothie drinks)
Tapioca (boba) cooker
Induction burners or gas stove
Hot water boiler
Refrigerated prep tables
Reach-in refrigerator & freezer - Opportunities for Growth
- Being in Downtown Brooklyn near City Point / major transit corridors means a steady stream of pedestrians — including office workers, shoppers, students, and tourists. The store appears on delivery platforms like Seamless, but there’s often more demand downtown for contactless and app-based ordering. With bubble tea market growth projected strongly through 2031, partly driven by health trends and customization demand, offering lighter, “better-for-you,” or tea-forward options could capture more health-minded consumers
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 990
- Rent
- $13,533.00 per month
- Lease Expiration
- 12/31/2029
About the Sale
- Seller Motivation
- The owner relocated to other state with his family.
- Transition Support
- 1. Initial Franchise Training (Mandatory)
For Owners & Managers
Brand standards & culture
Store operations & daily workflow
Cost control and inventory management
Food safety & health compliance
POS system & reporting
For Store Staff
Tea brewing procedures
Sugar & ice level standards
Topping preparation (pearls, pudding, jelly)
Hygiene & sanitation protocols
Listing Info
- ID
- 2452166
- Listing Views
- 11
Business Location
Listing ID: 2452166 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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