Tea Dynasty, the bubble tea establishment located in Rockville, Maryland, will now be under new ownership. The 3,657 SF bubble tea establishment will become a carryout business, focusing on local DMV customers. A soft opening date has been announced as November 1st, 2024. There is plenty available parking and the transit is nearby, running all along Rockville Pike.
“There is huge potential to expand the business [for the new owner,] based on the current condition and customer demographic”, claims Fei Wang. Adding that the rent around Rockville City Center is very desirable. Wang was introduced to the seller Tea Dynasty via BizBuySell (an online business acquisition website) and Xiaohongshu (a social media and e-commerce platform).
CapStar’s Fei Wang assisted in the Seller Representation for Tea Dynasty. Wang joined the CapStar team in 2013, and assists with many multinational businesses. Wang's specialty is in business acquisitions.
To contact CapStar’s Fei Wang, please email: feiwang@capstarco.com.
About CapStar Commercial Realty
Since 1994, CapStar Commercial Realty is a full service commercial real estate firm headquartered in Gaithersburg, MD, operating across the District of Columbia, Maryland, and Virginia. CapStar assists small and large companies, from local to an expanding brand, with services in leasing, sales and acquisitions, property management, business acquisitions, consulting, and a unique specialty in restaurants. CapStar’s range of services and proprietary database help sellers, buyers, landlords, and tenants, identify real estate opportunities in retail, office, industrial, land, and condominiums.
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