Full Answer
How much does it cost to open a bubble tea franchise?
To open up a bubble tea franchise, you will need a minimum of about $150,000. This money goes into paying the franchise fees, store rental, equipment, various startup fees, and to meet liquid reserve requirements. However, the above number is just an approximate starting point—the specific requirements will vary with each franchise.
How much does the teahouse franchise cost?
The Teahouse is a family friendly company that’s been around since 2000. They use carefully chosen ingredients in their teas. And they also aim to provide quality service and open communication to franchisees. The franchise fee is $25,000. Upfront costs range from $165,000 to $300,000, depending on what type of location you want to open.
How much does it cost to start a tea business?
You don’t need a culinary or tea background to get started. However, you should expect to spend between $60,000 to $127,000 in total startup costs, including a franchise fee of $25,000. 10. Presotea Presotea specializes in espresso style tea.
How much does it cost to franchise Kung Fu Tea?
Those who want to franchise Kung Fu Tea in the United States can follow a proven ten-step process to get started. The franchise fee for a traditional store is $37,000. They also offer nontraditional options, like those in shopping centers. But those fees vary on a case-by-case basis. Total upfront costs fall between $124,050 and $428,050. 3.
How much does it cost to franchise a tea house?
How Profitable is a Tea Franchise?
What is the Best Tea Franchise to Own?
What is Teapioca Lounge?
What is a fava tea?
How much does it cost to start a spice merchant?
Where is the Tea Shop franchise located?
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How Profitable is a Tea Franchise?
A tea franchise can be profitable under the right circumstances. However, many are not profitable at least in the first few years. Generally, they...
What is the Cost of Opening a Tea Franchise?
A franchise can cost between $50,000 and $400,000 to open. Most fall somewhere between $150,000 and $250.,000. Costs depend on the business model y...
What is the Best Tea Franchise to Own?
The best tea franchise depends on what you’re looking for. If you love traditional tea, a business like the Spice & Tea Exchange or The Teahouse ma...
How much does it cost to start a bubble tea business?
Most bubble tea franchises cost between $75,000 and $500,000. Large locations and those in populous cities are likely to cost on the high end of th...
Is owning a bubble tea business profitable?
The profitability of owning a bubble tea shop depends on your market. If you’re in a trendy or affluent area, you’re more likely to earn enough to...
How much can you make owning a bubble tea shop?
The amount you can earn with a bubble tea shop depends on your store volume. Locations, prices, and costs play a major role. However, many stores m...
How do I start a bubble tea business?
To start your own bubble tea business, you first need to scout locations. Find something in an upscale or touristy area with plenty of walkabilitie...
What do I need to open a boba shop?
First, you need a location. This should be a retail storefront that has enough space for your equipment, countertops, sinks, staff, and a small cus...
When was Spice and Tea Exchange founded?
The Spice & Tea Exchange ®, founded in 2008 by a group of talented individuals with a passion for life and food, started as a small shop St. Augustine, Florida, has quickly grown into a nation-wide franchise powered by flavor, passionate franchise owners, and offers spices, herbs, teas, spice blends, rubs and related products and accessories in a retail store setting.
What is a teahouse?
The Teahouse is Texas-based chain which specializes in tea and other healthy beverages in a quick service environment and provides custom drinks made to order in addition to the variety of their gratifying beverages on the menu. Company looks forward to providing a Franchisor with the same quality service and product that they have continued to offer their consumers for over 15 years.
What is a fava tea?
Fava Tea Company is Wisconsin’s largest loose tea specialty retail store with potential expansion opportunities throughout the U.S. Fava Tea offers over 350 rare, standards, and unique specialty teas along with related products and gifts. Company offers guidance in choosing a suitable location for your store, guidance in the build-out of your store, and provides training and support for the soft opening of the store.
What is Chun Yang tea?
Chun Yang Tea sells items from a focused menu featuring a variety of teas and juice drinks, using proprietary teas, milk teas and juices, tapioca balls, recipes and preparation techniques, freshly prepared for carry-out or consumption on the premises . They began franchising in The USA in 2019.
Where is Dobra tea located?
Dobra Tea is an international chain of Bohemian style tea rooms in Europe and the USA. Founded in 1992 in Prague, Czech Republic, Dobra Tea aims to spread authentic tea culture from around the world. In 2003 the chain opened its first U.S. tearoom in Burlington, VT and years followed to Maine, Massachusetts, North Carolina, Pennsylvania, Oregon, New York. Company’s team helps franchisees with training, publicity and more.
Where is the coffee bean and tea leaf located?
The Coffee Bean & Tea Leaf®, born and brewed in Southern California since 1963, is the oldest and largest privately-held specialty coffee and tea retailer and chain in the United States. With over 50 years of experience in the specialty coffee industry, the company has built a strong and complete business infrastructure and offers extensive franchise support.
Where is Teapioca located?
Teapioca Lounge,originally founded in 2010 in Austin, TX, is one of the leading tea cafes which offers high quality frozen and shaved-ice desserts, traditional and specialty teas along with other beverage options. The brand aims to mix both east and west tea traditions in quick service environments. Becoming a franchisee of Teapioca Lounge allows you to profit from some of the most popular beverages on the market.
How much money do you need to open a bubble tea business?
To open up a bubble tea franchise, you will need a minimum of about $150,000. This money goes into paying the franchise fees, store rental, equipment, various startup fees, and to meet liquid reserve requirements. However, the above number is just an approximate starting point—the specific requirements will vary with each franchise.
How much does kung fu tea cost?
The upfront costs are $37,000 for a traditional store purchase fee and $10,000 for the training fee.
How much is bubble tea worth?
In 2019 the bubble tea market was valued at $2.4 billion and projected to grow to $4.3 billion by 2027 with a CAGR (compound annual growth rate) of 7.8%.
Why is franchise important?
The franchise helps franchisees select the right location and there is a lot of room for negotiation regarding where one can open.
Where was the first tapoica tea store?
The first Tapoica Express location opened in 1999 in the San Gabriel Valley making it one of the first bubble tea stores in the United States. Currently there are 38 Tapoica Express locations across California, Washington, and Texas.
When was bubble tea invented?
Bubble tea is a drink invented in the 1980s in Tainan and Taichung and has gained popularity around the world. With so many flavors and combinations of toppings it’s a beverage bubble tea franchises can offer with their own spin. You can serve the drink hot or cold in a large variety of flavors, making the bubble tea’s market huge.
How long is the food industry training program?
There is a 3-week training program and you don’t need previous experience in the food industry.
How much does it cost to franchise Sharetea?
In fact, there are currently more than 100 stores throughout North America. So it’s an international brand with some current recognition in the U.S. The company has been in operation for more than 28 years. And the team provides site selection assistance, marketing plans, and comprehensive training for new tea franchises. The franchising fee is $22,500. And startup costs range from $260,000 to $360,000.
What is the best bubble tea franchise?
Here are the best bubble tea franchise businesses for aspiring entrepreneurs to consider: 1. Gong Cha. Gong Cha is a boba franchise that focuses on quality ingredients and creative mixes. The chain offers special features like online ordering to make it easy for customers to keep returning for more bubble tea.
How much can you make owning a bubble tea shop?
Locations, prices, and costs play a major role. However, many stores make $3 or more per serving. And materials can cost $0.75 or less. If you sell 500 products per day, you could bring in more than $30,000 per month before factoring in other expenses.
How do I start a bubble tea business?
To start your own bubble tea business, you first need to scout locations. Find something in an upscale or touristy area with plenty of walkabilities. A popular downtown location would be ideal. Then you need to source equipment and supplies. This includes blenders, stoves, tea shakers, cups, straws, tea ingredients, and tapioca pearls. You’ll also need to take care of any licensing and inspection requirements in your area.
What do I need to open a boba shop?
Equipment-wise, you’ll likely need a stove for brewing tea and making tapioca pearls. You should also consider tea shakers and blenders for specialty beverages.
What is bubbleology boba tea?
4. Bubbleology. Bubbleology is a boba tea franchise that is known for fresh tea and tapioca beverage options. In addition to bubble tea, the business also provides specialty waffle desserts that are especially shareable on social media. The company offers both single and multi-unit development opportunities.
What is bubble tea?
Email this Article. Bubble tea, sometimes referred to as boba, is a drink that usually includes tea, milk, and tapioca balls. There is a huge variety of flavors and styles. And the drink is known for being especially shareable in social media photos.
How much does a "Moge Tee" franchise cost?
The minimum amount required for a franchisee to invest is $151,600 and can go all the way up to $265,000.
What is a franchise agreement?
The franchisee signs a contract (franchise agreement) with the franchisor to acquire the franchise and generally has a territory granted to operate.... is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, Categories: Franchise Industry. Read more.
What is a franchise business?
FranchiseA franchise A franchise is when a business (franchisor) allows a party (franchisee) to acquire its know-how, procedures, processes, trademarks, intellectual property, use of its business model, brand and rights to sell its products and services.
How long is Chatime franchise?
The Chatime franchise package includes a contract term of three (3) years. Its franchise model is individual, which means that most of your sales go to you and a small part to Chatime. Store location has to be 40 to 60 sqm, with at least four (4) to eight (8) staff members for the store’s operation.
How many Macao Imperial Tea outlets are there?
In the Philippines alone, it already has forty outlets worldwide, most of which are located in Manila. Macao Imperial Tea is proud to serve its customers with top-most quality controlled drinks and foods.
What are the benefits of franchising Ochado?
One of the benefits of franchising Ochado is the security of enormous profit when success formulas are met, such as low-cost supplies, proper placement, and useful marketing techniques.
What is the best milk tea in the Philippines?
Here are some of the best milk tea franchises in the Philippines: 1. Chatime. Chatime, as its name implies teatime, is just of the most famous milk tea houses in the country. Henry Wang Yao-Hui founded it in 2005 in Hsinchu, Taiwan.
How many Serenitea shops are there in the Philippines?
Currently, Serenitea has over fifty (50) shops all over the country in ten years. Learn more about Serenitea's franchise information.
When was Serenitea founded?
Serenitea. Serenitea was founded in 2008. Contrary to other popular milk tea brands available in the Philippines, Serenitea started in the said country. Juliet Herrera and Peter Chen began their line and brand of milk tea after the latter immersed himself in Taiwan to study tea.
Where is milk tea popular?
The drink became popular in most parts of East and Southeast Asia. Several milk tea brands have emerged over the years since it has become famous in the country. Now, what makes a specific milk tea brand suitable for franchising. Strong brand presence and recognition by consumers.
Our Story
In 2009 Gary & Kim Hutchens began the incredible journey of HTeaO with a hunch and vision. For years Gary had been selling his flavored iced teas in his burger restaurant Buns Over Texas.
Step 1: Contact Us
We would love to get to know you, hear what draws you to HTeaO and share our heart for where HTeaO is headed. Fill out the inquiry page and an HTeaO representative will be in contact.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a HTeaO franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where HTeaO landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where HTeaO ranked on other franchise lists? Find out below.
How Much Does it Cost to Own a Little Caesars?
Little Caesars is an exciting investment in the wildly popular pizza segment. Our straightforward business model, world-class support and millions of devoted customers make us a worthy investment for entrepreneurs who want to make an impact. You can even choose to invest in your franchise with a partner and use consolidated liquidity and net worth. Here are the costs and fees associated with opening a new Little Caesars location:
Who is the founder of Little Caesars?
The Veteran's Program was established in 2006 by Little Caesars founder Mike Ilitch, who proudly served with the United States Marine Corps during the Korean War. His vision was to expand business opportunities for his fellow military veterans.
How many pizzas did Little Caesars deliver?
Little Caesars donated and delivered 1 MILLION pizzas to healthcare workers and first responders across the country. Be a part of a family that gives back.
Where is Little Caesars located?
Headquartered in Detroit, Michigan, Little Caesars was founded in 1959 as a single, family-owned restaurant. Since then it has become the third largest pizza chain in the world* with stores in more than 25 countries and territories worldwide, including in each of the 50 U.S. states.
Does Little Caesars offer veterans?
Veterans Program. Little Caesars offers honorably discharged veterans and Gold Star families financial incentives to open a Little Caesars franchise of their own. Benefits include a franchise fee discount, equipment and supply discount, financing assistance, and advertising and publicity support, among others.
Does Little Caesars offer a first responder discount?
First Responders Program. Little Caesars has extended its franchise incentive program to first responders. First responders receive a franchise fee discount, equipment and supply discount, financing assistance, and advertising and publicity support, as well as other benefits.
How much does it cost to franchise a tea house?
They use carefully chosen ingredients in their teas. And they also aim to provide quality service and open communication to franchisees. The franchise fee is $25,000 . Upfront costs range from $165,000 to $300,000, depending on what type of location you want to open.
How Profitable is a Tea Franchise?
Generally, they do not carry expensive products. Overhead for traditional store environments can be high. As a result, choosing a franchise with a diversified product offering and low operating expenses can make these businesses more profitable.
What is the Best Tea Franchise to Own?
The best tea franchise depends on what you’re looking for. If you love traditional tea, a business like the Spice & Tea Exchange or The Teahouse may be of interest. Those looking for brand recognition may opt for a business that offers other options like Jamba Juice or The Coffee Bean and Tea Leaf.
What is Teapioca Lounge?
Originally founded in 2010, Teapioca Lounge offers traditional and specialty teas along with other beverage options. The brand aims to mix both east and west tea traditions in quick service environments. The company is known for product quality, innovative drinks, and trendy settings.
What is a fava tea?
1. Fava Tea. Fava Tea is a retail tea business that currently has multiple locations in Wisconsin, with potential expansion opportunities throughout the U.S. The company sells a variety of specialty teas along with related products and gifts. The company also aims to provide a memorable experience for visitors.
How much does it cost to start a spice merchant?
You don’t need a culinary or tea background to get started. However, you should expect to spend between $60,000 to $127,000 in total startup costs, including a franchise fee of $25,000.
Where is the Tea Shop franchise located?
Tea Shop is a tea franchise based in Spain. However, the company is expanding into new markets like Brazil and Italy as well. There’s no word on whether the company plans to expand into the U.S. market but interested franchisees may want to keep this brand on their radar. The company provides individualized information about the business model and operations throughout each step of the franchising process. The fee for a new franchise is 12.000 €. And total upfront costs are around 77,000 €.
