Hot Listing
Top-Rated boba tea franchise - Loyal Customer Base & Growth Potential
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Established Kung Fu Tea franchise in Cary's upscale Preston Corners, operating successfully since 2016. This top-rated boba tea and dessert shop generates $250,000+ in annual revenue with $49,377 in cash flow, representing strong performance in the Triangle's growing bubble tea market.
Business Highlights:
• Prime location in Preston Corners with diverse tenant mix including Wells Fargo, restaurants, and service businesses
• Strong brand recognition as Triangle's first dedicated bubble tea location
• Established customer base with loyal following
• Trained team of part-time staff enables hands-off operation
• 910 sq ft space with favorable lease through February 2029 at $2,344/month
Growth Opportunities:
• Whole Foods anchoring the center in 2027, expected to significantly increase foot traffic
• Untapped catering potential to nearby corporate offices and Research Triangle Park
• Delivery expansion opportunities to NCSU and surrounding businesses
• Community partnership development throughout the region
Operational Advantages:
• Easy-to-run franchise model with established systems
• Flexible ownership - can operate hands-on for maximum returns or semi-absentee
• Diverse, trained staff of high school and college students
• Part of largest bubble tea franchise network in the US
Includes 2 weeks owner training (3rd week available if needed) and assistance with franchise transfer documentation. Seller covers franchise transfer fee. Owner selling due to new job opportunity.
This turnkey operation offers immediate revenue generation in a differentiated market position with significant upside potential from the upcoming Whole Foods anchor tenant and expanded service offerings.
Business Highlights:
• Prime location in Preston Corners with diverse tenant mix including Wells Fargo, restaurants, and service businesses
• Strong brand recognition as Triangle's first dedicated bubble tea location
• Established customer base with loyal following
• Trained team of part-time staff enables hands-off operation
• 910 sq ft space with favorable lease through February 2029 at $2,344/month
Growth Opportunities:
• Whole Foods anchoring the center in 2027, expected to significantly increase foot traffic
• Untapped catering potential to nearby corporate offices and Research Triangle Park
• Delivery expansion opportunities to NCSU and surrounding businesses
• Community partnership development throughout the region
Operational Advantages:
• Easy-to-run franchise model with established systems
• Flexible ownership - can operate hands-on for maximum returns or semi-absentee
• Diverse, trained staff of high school and college students
• Part of largest bubble tea franchise network in the US
Includes 2 weeks owner training (3rd week available if needed) and assistance with franchise transfer documentation. Seller covers franchise transfer fee. Owner selling due to new job opportunity.
This turnkey operation offers immediate revenue generation in a differentiated market position with significant upside potential from the upcoming Whole Foods anchor tenant and expanded service offerings.
About the Business
- Years in Operation
- 10
- Employees
- 9 (1 Full-time, 8 Part-time)
Reliable stream of part-time employees from 2 top high schools in the area - Franchise
- This business is an established franchise
- Facilities & Assets
- The store is available for sale with all furniture, fixtures, POS, and equipment included (ice machine, water boiler, water purification system, multiple coolers, and all other relevant equipment).
The new owner can just come in and start operating the business regularly from Day 1. - Website
- https://www.kungfutea.com
- Market Outlook / Competition
- Located in the upscale Preston Corners location, you'll start earning revenue from Day 1 with this store. Kung Fu Tea is the biggest bubble tea franchise in the US. As the Triangles first dedicated bubble tea location, the store benefits from strong brand awareness, an established customer base, and a differentiated position in a growing market despite increasing competition. The business remains well-positioned to capitalize on catering, delivery, and community partnership opportunities throughout the region.
- Opportunities for Growth
- Whole Foods will be taking up the anchor client space in 2027 which is expected to provide a major boost in footfall. Owner can work full-time to maximize returns, or be semi-absent and the store can be operated on 'auto-pilot'.
Neighboring restaurants: Miso Ramen Bar, Royale Curry Indian Restaurant, Ten Second Yunnan Rice Noodle, Parkway Tavern
Other tenants: Wells Fargo, Postal Express, The Little Gym, Cary Ballet, Twisted Scissors, ubreakifix, Medlin-Davis
High potential in catering/delivery to nearby Corporate and RTP offices, and NCSU.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 910
- Rent
- $2,344.00 per month
- Lease Expiration
- 2/28/2029
About the Sale
- Seller Motivation
- New job
- Transition Support
- 2 weeks of owner training included, can add a 3rd week if needed. There is diverse team of part-time high school and college kids who have been trained to run the store even if the owner wants to be hands-off.
Can also help with the transfer documentation with Kung Fu Tea Corporate if needed. Seller will be responsible for the franchise transfer fee with Kung Fu Tea.
Listing Info
- ID
- 2515210
- Listing Views
- 96
Listing ID: 2515210 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.
Businesses for SaleNorth Carolina Businesses for SaleNorth Carolina Food & Beverage Businesses for SaleNorth Carolina Boba Tea Businesses Businesses for Sale
Similar Listings
