In September, we let you know that Ding Tea was available for purchase for $650,000. According to the listing, the price is now $450,000. Ding Tea opened in January 2020 at Ritchie Plaza next to Kiim Imm Thai restaurant (785 Rockville Pike). According to a listing, the bubble tea shop is now available for sale and can be purchased for $450,000. It is the only Ding Tea franchise in the state of Maryland.
Per the listing, the shop is being sold due to the owner moving out of state. They’re are currently 2 years left on the lease, with an option for an additional 5 years. Everything in the store would be included in the purchase of the store, which touts “no competition” since it’s the only Ding Tea store in the area. Featured photo courtesy of Google Maps.