How much does a Chatime franchise cost?
- Initial Franchise Fee: $78,000
- Total Investment: $181,100 to $507,200
- Working Capital: $20,000 to $80,000
- Royalty Fee: 3.5%
How much does Chatime cost?
Chatime offers a quick service restaurant selling gourmet coffees and tea, bubble tea, and compatible food products. How much does a Chatime franchise cost? Chatime has a franchise fee of up to $78,000, with a total initial investment range of $181,100 to $507,200.
What is it like to be a Chatime franchisee?
For us, becoming a Chatime franchise partner is a good opportunity to be part of a great brand that strives to be a leader of its market. People absolutely love our products, and it seems like the growth potential is unlimited. Annie, Cabramatta Franchisee
Is Chatime a good franchisee for bubble tea?
One such company specializes bubble tea is Chatime, a decade-old business that serves tapioca pearl shakes that has seen outlets all over the world. If you are interested in franchising a bubble tea business, it would most definitely be good for you to check out Chatime as you read below!
Is Chatime a quick service restaurant?
Chatime is graded based on our most recent research. Chatime offers a quick service restaurant selling gourmet coffees and tea, bubble tea, and compatible food products. How much does a Chatime franchise cost?
See more
Who is chatime owned by?
La Kaffa International Co. Ltd.Chatime's parent company, La Kaffa International Co. Ltd., debuted on Taiwan's Emerging Stock Market (興櫃市場) in December 2012 at NT$168 per share under the stock code 2732. It is the only publicly listed bubble tea company in Taiwan.
How much does it cost to start a bubble tea franchise?
between $75,000 and $500,000Most 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 that spectrum. Kiosks and stores in shopping centers or airports tend to cost less to get started. The majority can get up and running for between $125,000 and $200,000.
How profitable is gong cha?
The estimated sales for a single-unit Gong Cha franchise is $370,000. In 2021, at an average 18% profit margin, it will take around 8.1 years to recoup your investment. This is longer than most franchise opportunities.
How much does it cost to open a Tapioca Express?
Facts & FiguresLiquid capital required$124,388Investment$200,000 - $420,000Franchise fee$14,888Units in operation46
Do boba shops make money?
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 should you invest in a boba 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.
How can I own a Starbucks franchise?
You can't. Starbucks Coffee doesn't franchise. Even though franchising is a classic, successful growth strategy for myriad beloved, familiar brands, Starbucks does not grant franchises. It's not because franchising isn't a time-tested model for growth.
How much is a koi franchise?
In total, the amount required to open a Koi franchise is between S$237,600 to S$421,200.
Who is the owner of Gong Cha?
Martin BerryMartin Berry is the Founder and Chairman of the Gong Cha Group, a leading global provider of premium teas loved by consumers in more than 20 countries and 1,600 stores across the world.
How much does it cost 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 does it cost to start a tea shop?
Ans- The lowest cost model and can be set up with a minimal investment of Rs. 50,000 for Tea Shop Business Plan or Chai Business in India. Tea is offered to the customers in paper cups or kulhads. The stalls can sell other items such as bread toast, cigarettes, tobacco, noodles, omelettes, along with tea.
How much does it cost to open a Sharetea?
Financial Information:Cash Investment:$100,000Franchise Fee:$48,000Total Investment:$386,900 - $492,200Royalty Fee:6% of gross monthly sales with minimum $1,200
What is the most popular bubble tea brand?
Kung Fu Tea is America's largest bubble tea brand with locations across the U.S., including its shop in Cincinnati, OH. The company prides itself on its use of fresh ingredients and real tea leaves handpicked in Taiwan.
What is Chatime bubble tea?
Bubble Tea is quickly becoming one of Canada’s favourite treats – and Chatime is the brand that started it all. As the largest bubble tea brand in Canada, Chatime has won over millions of fans, many of whom now make Chatime a part of their daily lives. With wildly innovative products that are made fresh to order, ...
Is Chatime a good business?
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. With turnkey operations that focus on profitability and efficiency, strong, high-profile collaborations with brands like Red Bull and Kellogg’s, and best-in-class training & support, Chatime is poised to continue to grow for years to come.
Is Chatime a good brand of bubble tea?
We always loved drinking bubble tea and our go-to brand was Chatime. Our sales have always been great, and more importantly, our customers come back to us over and over again. No other bubble tea brand is as fresh.
How much money do you need to open a Chatime franchise?
To open a location, you should have $50,000 available as liquid capital. Chatime expects new franchisees to have a net worth of at least $98,000. The lowest you can expect to invest is $150,000 if you want to become a franchisee.
What is Capriotti's sandwich shop?
Capriotti's Sandwich Shop is known for its unique culture, family-friendly atmosphere, high-quality ingredients, and a commitment to delivering outstanding customer service. If you’re looking to own a restaurant franchise with a sound business model, a low investment, high ROI, and food you’re always proud to serve, Capriotti's is the perfect opportunity for you.
Is Chatime a franchise?
Chatime is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $60,000 .
About Franchise
The word ‘cha’ means tea. However Chatime means much more than just ‘teatime’. We’re changing the way the world drinks tea.
Request Information
Complete the form below to get more information, including estimated costs to open and operate this franchise.
How long is Chatime franchise?
The Chatime franchise package includes a contract term of 3 years. The franchise model is individual as well, which means you get most of the sales you receive and a small part to Chatime.
Where is Chatime made?
Chatime was founded by Henry Wang Yao-Hui a decade ago, in 2005 in Hsinchu, Taiwan. Chatime is under the parent company, La Kaffa Coffee. Under this company, Henry Wang aimed to modernize the usual tradition of tea making culture, by way of making tea machines capable of consistlenty producing quality and refreshing bubble teas using an assortment of fruits and toppings. He chose to do this so that he may stand out and differentiate Chatime among its competitors in the bubble tea market. Chatime had an advantage in that it owned a tea plantation in Nantou, Taiwan which meant that they could save more money.
Master Franchisee
As a Master Franchisee, you will have the exclusive right to operate Chatime within your local market. You will have the opportunity to have efficient raw material costs exclusively for you. Upon signing the agreement, you will have access to our brand assets to jump-start your Chatime business.
Frequently Asks Questions
1 How much is the franchise fee? What does this price include and what other costs will be incurred in addition to this price?
How long is a Chatime Franchise Agreement?
The Chatime Franchise Agreement is typically a 5 year agreement with a further 5 year option.
How many outlets does Chatime have?
With over 125 outlets nationally, Chatime is the country’s largest and most recognised bubble tea brand. Become a Business Partner today! It is not expected that you have a lot of experience in food or business – that’s what we’re here for.
What kind of returns can I expect as a Chatime Business Partner?
Once an application form is submitted and after an initial face to face meeting we will provide you with Chatime’s historical network sales reports, Financial & Business Planning Guides to assist you in preparation.
How much does your franchise opportunity cost, what does this price include and what other costs will be incurred in addition to this price?
The cost to franchise with Chatime depends on the location you’re looking to franchise. It is very difficult to indicate an average or approximate cost as there are too many variables to be consider. Get in contact with our team today to discuss further.
Do I need to find a location for the T-brewery?
No, Chatime’s highly experienced Leasing Executives will source and negotiate new sites with landlords and store owners.
Do I need previous business or food industry experience to become a franchise partner?
No, you do not. To become a Chatime Business Partner you must love the brand, live our values and have the hunger to succeed!
Do I have to be an Australian Citizen or Permanent Resident of Australia to franchise with Chatime?
Yes, you or at least one member of the business partnership will need to hold either Permanent Australian Residency or be an Australian Citizen to franchise with Chatime.
