Kung Fu Tea- San Antonio flagship (UTSA)

Flagship Kung Fu Tea location in business since 2016 servicing the populous University of Texas at San Antonio and high-income La Cantera neighborhoods. Center is directly across the street from the Tetro Student Village (590 beds), with easy access to the UTSA campus and major thoroughfares. Leased space is a spacious 1,400SF, perfect for students and remote workers to congregate before during and after work. Store is in great condition with recent renovations, and business volume is high even through the pandemic. Founded in Queens, NY on April 30, 2010, Kung Fu Tea is America’s largest bubble tea brand with over 350+ locations across the U.S. Every beverage is made-to-order with real Kung Fu! The use of real tea leaves — handpicked from the high mountains of Taiwan — and fresh ingredients, coupled with our unique recipes and methods delivers unrivaled beverages worldwide. Location: San Antonio, Texas Year Established: 2016 Number of Employees: 13 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 1,400 Rent: $4,900.00 Per Month Lease Expiration: 1/31/2025 Facilities: All FF&E in store front and back kitchen along with >$10K of inventory included in sale. Building is in good condition, space was recently renovated. Website: www.kungfutea.com/ Market Outlook/ Competition: Business in prime location to capture the populous University of Texas at San Antonio and high-income La Cantera neighborhoods. Center is directly across the street from the Tetro Student Village (590 beds), with easy access to the UTSA campus and major thoroughfares. Growth & Expansion: Continued expansion of the University of Texas at San Antonio campus facilities and student body, along with continued developments in the Hills and Dales subdivision.