Bubble tea, often known as boba, is a drink that typically consists of tea, milk, and tapioca balls. There is a wide range of tastes and styles to choose from. And the drink is well-known for being particularly photogenic on social media. As a result, Gen Z and Millennials are the primary customers of these stores.
Bubble tea has been elevated in the same way that sushi, a once vague ethnic food, has become a significant focus beloved by people of all ethnicities, given the rise of food lovers’ lifestyles and the urge to have culturally diverse experiences, and also unique and modern ways for franchisees to market to their buyers.
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What is Bubble tea Franchise?
The bubble tea franchise is a food and beverage specialty that has gained popularity among Americans. Boba tea, which combines a tea blend with fruit juices, fruit, or milk, is the main attraction. Selling only one drink does not restrict the full Bubble Tea franchise potential. In the United States, there are several different concepts working in the category. Shops and cafés that provide bubble tea, coffee, dessert, appetizers, and other items are included. Low-cost franchises are also available in this area, which may be beneficial to new company owners and ideas for expanding an existing food or beverage firm or diversifying the menu or product range.
Why should you own a Bubble Tea Franchise?
Bubble tea may be the ideal business opportunity for you if you’re you’re trying to cash in on a booming global craze. If you don’t want to start from the ground up, there are various boba tea franchise options to explore.
These companies allow entrepreneurs to capitalize on a well-known brand while also using tried-and-true methods and procedures. You do, however, retain the ability to create your location and manage your staff. It’s essentially a means to speed up the process of opening a bubble tea establishment.
Best Bubble Tea Franchise To Own
If owning a bubble tea franchise appeals to you, the exciting prospects listed below may be able to assist you in getting started.
Kung Fu Tea
A Kung Fu Tea franchise provides business owners access to a successful, ten-year-old bubble tea firm established in the United States. They provide made-to-order drinks and specific merchandise such as reusable straws and tea sets. TKK Fried Chicken and Yasubee Ramen are among the brands with whom they collaborate. As a result, franchisees may diversify their revenue streams while also adding value to their clients through the added service. Those interested in franchising Kung Fu Tea in the United States can do so by following a ten-step procedure. A standard shop requires a $37,000 franchise fee. They also provide atypical possibilities, such as those found in retail malls. However, these costs are determined on a case-by-case basis. The total upfront charges range from $124,050 to $428,050.
Sharetea
The Sharetea franchise sites are focused on making the milk tea drinking experience more enjoyable. The firm was founded in Taiwan and now has offices in other countries. There are more than 100 locations across North America. As a result, it’s a global brand with some contemporary awareness in the United States. The business has been around for more than 28 years. In addition, the team assists new tea franchisees with site selection, marketing ideas, and complete training. The price for franchising is $22,500—the costs of starting a business range from $260,000 to $360,000.
Gong Cha
Gong Cha is a boba shop that specializes in high-quality ingredients and unique combinations. Customers will like the convenience of online ordering, which allows them to return for more bubble tea. They’reThey’re also well-known on a national and international scale. Taiwan is the country where it originated and also the company’s headquarters. On the other hand, Gong Cha shops may be found in the United States, Canada, Korea, Singapore, and Australia. The cost of a franchise varies depending on the circumstances, but it typically costs roughly $30,000. The first investment, however, is estimated to be between $177,430 and $335,400, according to the business.
Boba Loca
Boba Loca is a bubble tea business specializing in giving customers a warm welcome. Aside from bubble tea, the firm offers a variety of appetizers, drinks, pastries, and an espresso bar. Franchisees must work in their businesses, and it is preferable if they have a prior restaurant or franchise experience. However, the corporation has a particular procedure for getting new locations up and operating. Many of the franchise locations are currently in California. However, there are also prospects in other markets. A franchise fee of $14,000 is required. The initial investment ranges from $88,445 to $325,955.
Ding Tea
Anyone over the age of 20 with good credit and a passion for tea can apply for a Ding Tea franchise. Fruit-flavored milk teas and other specialty beverages are available on the menu, and all are created using high-quality ingredients. There is now just a handful of places in the United States. However, it is well-known in Asia, Europe, and Australia. To assist franchisees, the company provides training, expert assistance, and regular contact. There’sThere’s also a standardized procedure for getting new franchisees up and operating. A $20,000 franchise fee is required. To get started with a new franchise, you’ll need between $123,000 and $422,000 as an investment.
Bubbleology
Bubbleology is a boba tea chain specializing in fresh tea and tapioca drinks. Aside from bubble tea, the company also sells unique waffle sweets that are easy to post on social media. The company provides single-unit and multi-unit development options. You may even pick between typical in-line locations and non-traditional kiosks. As a result, prices and experience differ from instance to situation. However, for new franchisees, prerequisites in the food or retail industries are a must. The initial franchise price might be anything between $20,000 and $30,000. The initial investment ranges from $163,250 to $361,600.
Bee & Tea
Bee & Tea is a quick-service restaurant that specializes in bubble tea, smoothies, bao, and healthy bowls. For millennials and Generation Z, the brand has a lot of attraction. They do, however, provide possibilities for older age groups. Additionally, each business offers a variety of personalization possibilities to ensure that clients are satisfied. Modern customers will like the restaurant’s snack-sized dishes and Asian-inspired cuisine.
Furthermore, the interior design and décor features are contemporary and fashionable. As a result, the whole thing is memorable and consistent. A $40,000 franchise fee is required. The starting prices vary between $144,000 and $280,000.
Tapioca Express
Tapioca Express was one of the first bubble tea franchises to emerge in the United States, with the first location opening in 1999. California was the first state to launch a shop. However, they now have stores in Washington, Texas, and Virginia, among other states. They also serve mochi waffles, munchies, and smoothies in addition to bubble tea. Taiwan is where the company gets its high-quality ingredients. They also have a structure for getting a new franchise off the ground. As a result, you should know exactly what to expect straight away. Training, product deposits, licensing, marketing materials, and obligatory equipment purchases are all covered by the $51,000 first payment to Tapioca Express. The total upfront expenditures range from $200,000 to $527,000, depending on the project.
Koi Tea
For its boba tea franchisees, Koi Tea provides a beginning package and operational assistance. Foodservice, retail, or multi-unit management experience is required of franchisees. They also search for applicants interested in fostering community and being engaged in their community. The organization offers the option of opening a single site or expanding into multi-unit development. There are also a variety of store layouts and sizes to choose from. As a result, it’s an adaptable opportunity. The business has only been operational for a few years and does not yet have many locations. As a result, they are able to give personalized service to each new franchisee. The franchise fee is determined on an individual basis. And the financial needs differ depending on the size of the market. However, the initial prices often vary from $200,000 to $500,000.
CUPP Bubble Tea
CUPP Bubble Tea is a boba tea restaurant founded in the United Kingdom that provides international franchise opportunities. They offer turnkey sites if you want to have a new store up and going fast. They do, however, provide multi-unit chances for individuals looking to expand their business. If you’re serious about franchising, the company also provides the chance to become an International Master franchisee. This is where you obtain the legal rights to a particular nation. The master franchisee is in charge of the whole CUPP network in their jurisdiction. As a result, you’ll need a thorough understanding of the local market as well as the capacity to recruit new franchisees. A standard UK site requires a £15,000 franchise fee. In addition, turnkey operations are possible for only £50,000.
How Much Does it Cost to Start a Bubble Tea Franchise?
The majority of bubble tea franchises range from $75,000 to $500,000. Larger areas, such as those in densely populated cities, are likely to be on the higher end of the price range. Kiosks and retailers at shopping malls and airports are typically less expensive to open. The bulk of them can get started for $125,000 to $200,000.
Are Bubble Tea Franchises Profitable?
The profitability of a bubble tea establishment is determined by the market. You’re You’re more likely to earn enough to cover your bills if you live in a fashionable or affluent neighbourhood. The industry is continuing to expand. As a result, a lucrative firm may be built in this market.
The amount of money you can make with a bubble tea shop is determined by the size of your establishment. Locations, pricing, and expenses are all important considerations. Many retailers, on the other hand, charge $3 or more per dish. And supplies might be as low as $0.75. Before deducting additional costs, selling 500 goods per day might net you more than $30,000 per month.
How To Start a Bubble Tea Franchise?
To begin, you’ll require a location. You must first scout places before starting your own bubble tea business. Look for anything in a posh or popular location with plenty of walking opportunities. It would be nice to be in a popular downtown area. This should be a retail location with adequate room for your equipment, counters, sinks, employees, and a small customer area. You’ll also have to deal with any license and inspection issues at the site.
Then there’s the matter of obtaining the necessary equipment and materials. Blenders, stoves, tea shakers, cups, straws, tea ingredients, and tapioca pearls are all included. You’ll almost certainly need a burner to brew tea and create tapioca pearls. Tea shakers and blenders are also good options for specialty drinks. You’ll need a significant number of cups, lids, straws, and napkins on the supply side. You’ll need unique containers for additional products, such as hot beverages or snacks if you offer them. Tea powders in various flavors, creamers, sweeteners, teas, milk, water, and tapioca pearls are all excellent items on hand.
Most of these stages will be bypassed if you buy a franchise rather than establish your own bubble tea business.
About Carson Derrow
