Gong Cha Bubble Tea - Two Stores

Gong Cha Bubble Tea - Two Stores — Food & Beverage · Queensland · Asking $450,000 + stock

Two Gong Cha bubble tea stores, established by the vendor nearly 2 years ago Already popular and profitable Gong Cha recognised for tea quality, embraced by both Chinese and local markets Over 90 franchised Gong Cha stores across Australia

DealProspect/Listings/Food & Beverage

Gong Cha Bubble Tea - Two Stores

Takeaway

ActiveFood & BeverageB2C

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Asking price

Revenue (est.)

Earnings

—

Implied multiple

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Brief

Two Gong Cha bubble tea stores, established by the vendor nearly 2 years ago
Already popular and profitable
Gong Cha recognised for tea quality, embraced by both Chinese and local markets
Over 90 franchised Gong Cha stores across Australia

Takeaways in Queensland

Takeaways for sale in Queensland (107) →

Listed

107

+28 in 30 days

Median asking

$220K

105 priced

Median revenue

$935K

67 disclose

Earnings multiple

1.7×

28 listings

Price drops

in 30 days

Asking price spread105 of 107 state a price

This listing · $450K

22%

31%

34%

10%

Under $100K$1M–$2.5M

Australia 577 · Victoria 314 · New South Wales 114 · Western Australia 22 · South Australia 10

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