As of this writing, some of the milk tea businesses that offer franchising includes:
- Macao Imperial Tea – Php 1.5 million
- Gong Cha – Php 1.5 million
- Serenitea – Php 1.7 million
- ChaTime – Php 2.5 million
Full Answer
How to start a coco milk tea franchise?
If you are interested in franchising, Coco Milk Tea operates as an international brand. Negotiations are done through the main office over Taiwan. What we can provide you are the steps as well as the contact details of Coco Milk Tea. Step 1. Online Application, then review (2 to 3 weeks approximately)
What is the best tea franchise in the Philippines?
GongCha Franchise. Happy Lemon Franchise. Serenitea Franchise. Macao Imperial Tea Franchise. Coco Milk Tea Franchise. Moonleaf Franchise. Tiger Sugar Franchise. PMT Database of Franchises in the Philippines: A-Z. Franchises with names beginning with numbers 0-9.
How much can you earn selling milk tea in the Philippines?
On average, start-up businesses usually price their milk tea at Php 80 to Php 100 per cup. Let’s say you sell at least 50 cups a day since you are just starting out. Putting the price at Php 80 (to be conservative) would mean that you can earn at least Php 4,000 per day.
What is included in the package of I Love Milk Tea franchise?
I Love Milk Tea Personalized POS System is also included in the package for smooth and fast transaction, one (1) unit mall type cart, equipment and utensils, staff training, uniform, grand opening assistance, pre and post opening assistance. Lastly the franchise will have initial stocks worth Php 10, 000.00
How much does it cost to open a milk tea shop in Philippines?
There are tons of milk tea brands in the country today. Investment in milk tea carts with a size of 4 sqm can start from as low as Php 250,000+ while bigger, more established in-line with seating can cost Php 5M+. The bigger the store space you get, the larger investment you should prepare.
How much it will cost to franchise a milk 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.
How much does a milk tea franchise cost?
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 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 much does it cost to open a milk 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.
How much is bubble tea franchise in Philippines?
Bubble Tea Station Franchise Details: Marketing Fee: N/A. Franchise Fee: PHP 250,000. Investment Capital: PHP 850k - 1.5m.
What are the best franchise in the Philippines?
Some of the best franchises in the Philippines include Jollibee, McDonald's, Phoenix Petroleum, TGP, 7-11, and Bayad Center. These businesses offer high-quality products and services (some with affordable prices), making them popular with consumers.
How much is bubble tea franchise cost?
You should also keep in mind that all franchises charge an initial fee for becoming part of their system; for an established company, such as Ding Tea, you can expect to pay a $22,000 minimum investment fee to join their brand.
How profitable is bubble tea business?
The average price for bubble tea is $6. Your profit margin after rent, overhead, labor, and ingredients will be about 20%. In your first year or two, you could sell 100 bubble teas per day, bringing in $220,000 in annual revenue. This would mean $44,000 in profit, assuming that 20% margin.
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 is Infinitea franchise Philippines?
Total Investment is P300,000 to P500,000. Required space must be at least 30-40 sqm. Location must be available upon signing the franchise agreement.
How do I start a Milktea business?
How to start a Milk Tea BusinessChoose the best milk tea recipe suitable for your area. Be sure that your milk tea recipe and concept will drive every possible customer in your shop. ... Be original. ... Understand your market. ... Love your staff. ... Register your Business.
How much does it cost to make milk tea?
On average, a store charges $3.00-$3.50 USD for a serving of bubble tea (16oz or 20oz serving). However, the approximate cost for materials approximately $0.75 USD to make. That's about a 350% markup.
How much is the franchise of chatime in Philippines?
Chatime's franchise fee varies from P300,000 to P500,000 and the total investment is P4 million to P8 million, depending on the store format.
What is the best food franchise to own Philippines?
Here is the top 10 best food franchises in the Philippines:Magic Melt. Founded in: 1999. ... Figaro Coffee Company. Founded in: 1993. ... Brownies Unlimited. Founded in: 1988. ... Max's Restaurant. Founded in: 1945. ... Monterey Meatshop. Founded in: 1977. ... Pancake House. Founded in: 1974. ... Shawarma Shack. Founded in: n/a. ... Jollibee. Founded in: 1978.More items...
How do I start a Milktea business?
How to start a Milk Tea BusinessChoose the best milk tea recipe suitable for your area. Be sure that your milk tea recipe and concept will drive every possible customer in your shop. ... Be original. ... Understand your market. ... Love your staff. ... Register your Business.
How much is the franchise of Infinitea in the Philippines?
Total Investment is P300,000 to P500,000. Required space must be at least 30-40 sqm. Location must be available upon signing the franchise agreement.
How many branches does Happy Cup have?
With over 32 branches in a single year, Happy Cup has definitely proven that it is sought after by the market and has a demand. Its name derives from the belief of the partners that through grace, happiness can be given through a cup.
When did Happy Cup start?
Happy cup is the most recent established of the three franchises, and started in 2017 in Taytay, Rizal. What you may not know is that it is fully supported and endorsed by the famed Gonzaga family. The approval of the proposal was shared with enthusiasm, as the value proposition was to provide customers with “happiness in a cup”.
Is there milk tea in the Philippines?
Top 3 Milk Tea Franchises in the Philippines. Milk tea has come a long way since Infinitea’s introduction in the country as its first seller of the drink. Today, there are numerous outlets of Coco, Gong-Cha, and Macao Imperial Tea. These businesses has seen an unexpected boom in 2018 as many milk tea lovers came about and saw an increased ...
About I Love Milk Tea Franchise
One of the fastest growing milk tea business in the country nowadays is the I Love Milk Tea, it is a shop that offers its customers delicious, high –quality and freshly made tea drinks at a very competitive price with over 27 branches nationwide that is solely owned by the entrepreneur Mrs. Letty Sarenas.
Franchising Information: I Love Milk Tea Franchise Fee, Terms and Requirements
Here’s some of the basic information that you would like to consider to start up your own franchise.
Ready to Start I Love Milk Tea Franchise in the Philippines? Here Are the Contact Details!
Below are the contact details of I Love Milk Tea for those interested individuals who would like to attain a financial independence by owning their own franchise.
Pros and Cons of I Love Milk Tea Franchise
Building a reputable name in the business industry is quite challenging but this can be easier through franchising. All thanks to the trade name, the customers already know the name what the franchise could offer.
When was Coco milk tea established?
Brief History of the Coco Milk Tea Franchise. Coco Fresh Tea & Juice was established on October 2013 in Taiwan. In this timeframe, it was able to gather a cult following, and eventually expand to a broader market globally.
Is Coco Milk Tea an international brand?
If you are interested in franchising, Coco Milk Tea operates as an international brand. Negotiations are done through the main office over Taiwan. What we can provide you are the steps as well as the contact details of Coco Milk Tea.
Who owns Caffé La Tea?
It is owned by the four-woman team of Ciarra, Ermina, Happy, and Rona and was established in Cabanatuan City.
What is a cafe la tea?
According to its website, “Caffé La Tea was conceptualized with the aim to provide a cozy and lively place for friends to gather and chitchat, while filling their cravings for a great cup of coffee or tea, paired with the perfect dessert. ”.
Who owns Sugar Panda?
Owned by couple Kathleen Ritz and Efren Tanyen, Sugar Panda started its operations in Davao.
Is milk tea a good business?
If you’re looking to open a milk tea business, this is a good place to start. Milk tea is one of the most popular beverages in the country today. It’s not surprising to see someone you know drink milk tea every day, willing to line up for hours or having it delivered to their doorstep. A lot of people love milk tea so much ...
Where is milk tea craze?
You’ve seen the long lines and you want to be part of this seemingly lucrative business opportunity. Catch the milk tea craze in the Philippines while it’s hot!
What does it take to be a franchisee?
You have what it takes to be a franchisee. You possess the attitude, behavior, and personality needed to succeed as an owner of a franchise business. You understand the risks and requirements of the busiess and are willing to invest time, money, and effort in order to succeed.
How long is franchise training?
Training Program: 2-4 week training program for all new franchisees covering management training, in-store operations, standard operating procedures for beverage preparation, report analysis and measurement of flavors, customer service, and social media marketing
Do franchises get added to the list?
We regularly add franchises to the list. If you want us to research on franchises you’re interested in but are not yet included in the database, like and contact us on our Facebook page to let us know!
