The franchise has over 1,500 locations worldwide across 15 countries and that number is constantly growing. The estimated initial investment is $177,430 – $335,400 per location and the agreement lasts for 10 years. The initial franchise fee is $41,500 per location and 4.5% of monthly sales.
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 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.
What is the best tea franchise?
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.
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?
See 2 more
Who owns a little tea?
Suhair LauckSince 1982, the Little Tea Shop at 69 Monroe has been owned by Suhair Lauck, a Palestinian immigrant who followed her childhood dream of living in the United States.
How much does a share tea franchise cost?
How much does the Sharetea franchise cost? Sharetea has a franchise fee of up to $48,000, with a total initial investment range of $386,900 to $492,200.
How much does it cost to open a Sharetea account?
Financial Information:Cash Investment:$100,000Franchise Fee:$48,000Total Investment:$386,900 - $492,200Royalty Fee:6% of gross monthly sales with minimum $1,200
How much is the franchise of tea in the Philippines?
Their creations are made from the finest quality tea with unique flavors and refreshing taste. The franchise fee is suitable for P56,000, including a wholesome milk tea franchise with a significant social media following, proven business model, and hands-on management. The total estimated investment is P299,000.
Are boba shops profitable?
So bubble tea shops that have an average selling price of $5.00/cup of bubble tea and sell about 100 cups per day would make about $500/day x 350 days = $175,000 in annual revenue.
How much does it cost to set up a bubble tea shop?
The initial costs of opening a boba shop can range anywhere from $15,000 to as much as $200,000. This range is so wide because there are many factors, such as location, construction and remodeling, business licenses, technology, boba tea equipment, ingredients, and staff.
Is Boba Guys a franchise?
Unfortunately, no. Don't get us wrong, we are always so humbled when Boba Guys' fans come to us wanting to help grow our brand and business, but the reason we don't franchise is because at Boba Guys, we choose culture over fast growth and over-expansion.
Is Koi a franchise?
Each Koi Tea franchise owner has the right to initially develop one store for the franchise. The difference between low and high investment levels exists due to labor, location, varying store sizes, build-out costs and expenses, and your experience and management of the store's development.
Is chatime franchise profitable?
As a business opportunity, Chatime is as straightforward as it gets. With strong delivery and digital sales throughout the pandemic, Chatime has proven to be a resilient business model with strong profit potential.
How much is Infinitea franchise?
Their franchising fee is known up-front, at a very low P300,000. They also offer very flexible in terms of product mishmash and the packages the give out.
How much is a Turks franchise?
Turks Shawarma Franchise Investment Details: Franchise Investment: Php 1.8M to 4.1M. Franchise Fee: Php 1M to 1.4M. Formats: Cart, Kiosk, In-Line Stores and Food Truck.
How much do you need to start a Milktea business?
If you want to start your own Milk Tea Shop, you will invest for about 30,000 to 100,000 pesos but this is just a rough estimate. It depends on how big you want to start. Most small franchising companies offers 30,000 to 300,000 pesos packages.
How much is it to open a 7leaves?
What's the estimated total cost for the first store? $250,000 – $500,000 This includes $35,000 franchise fee.
Is Sharetea a public company?
Lian Fa International Dining Business Corp (聯發國際餐飲), which owns bubble tea brand Sharetea (歇腳亭), is to launch an initial public offering (IPO) on the Taipei Exchange (TPEX) on Friday, moving up from the Emerging Stock Board. The company started trading its shares on the Emerging Stock Board on Jan.
What country is Sharetea from?
Established in 1992, Sharetea started off business with to-go black tea and pearl milk tea drinks in Taipei, Taiwan. Since then Sharetea has opened many branches and franchises in 18 countries.
Is Koi a franchise?
Each Koi Tea franchise owner has the right to initially develop one store for the franchise. The difference between low and high investment levels exists due to labor, location, varying store sizes, build-out costs and expenses, and your experience and management of the store's development.
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...
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 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.
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.
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.
Points to be noted
The Maitri Amruttulya Pvt ltd. handling packaging, logistic, marketing and IT infrastructure online and offline which help franchise to increase their sale and improve brand values. Ultimately profit maximization is the prime goal towards franchise family.
NOTE
Each Franchise Outlet monthly sale and profit will be vary, according to Shop location, Market area condition and local customer behavior.
Address
Corporate Office : Shop No.3, Godavari heights, Vadavali Section, Near Datt Mandir, Ambernath (E), 421501
FRANCHISING
Someing new is coming! E-mail [email protected] for your enquiry
What we are
The Little Cha Group is the first Bubble Tea brand that has been specifically created to fit in with the Australian culture and lifestyle.
The Future
The goal for the next 2-3 years will involve having a franchise network of up to multiple locations spread across Australia. We have two new franchise locations in Melbourne and Sydney, as well as an established location in Taiwan.
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 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 €.
