How much does it cost to franchise Gong Cha in the Philippines? Franchise Fee: PHP 1,500,000. Investment Capital: PHP 1.5m – 16m. How much does a gong cha franchise cost? Gong Cha has a franchise fee of up to $41,500, with a total initial investment range of $177,430 – $335,400.
Full Answer
How much does Gong Cha cost in the Philippines?
For those in the United States who wish to franchise Gong Cha, a single-franchise unit is available with a franchise fee of $39,500 per unit or around 2 million Philippine pesos. One can put up the franchise in New York, New Jersey, Massachusetts, and Texas.
Can I use the ingredients in other Gong Cha stores?
No, our ingredients can only be used in Gong Cha Stores. What separates Gong Cha between its competitors? Gong Cha is known as the best bubble tea franchisee in the world. With over 1,500 locations worldwide, we have a strong national and international brand presence.
How many Gong Cha stores are in the US?
In 2025, Gong Cha is projected to exceed 500 stores in the U.S. The currently available territories for new development are New York, New Jersey, Pennsylvania, Connecticut, Massachusetts, Rhode Island, New Hampshire, Oklahoma, and Texas.
What is the origin of the tea called Gong Cha?
Gong Cha, which means Tribute Tea, originated from providing the most premium and refined teas to China’s Emperor. Contrary to what most believed that it is a Singaporean brand, it was established in Taiwan in 2006 by a Hong Kong native.
How much does it cost to franchise Gong Cha?
What is the start-up cost for a new Gong Cha Store? The estimated initial investment for a new store can range from $177,430 – $335,400 per unit.
Are Gong Cha franchises profitable?
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. You may not get an 18% profit margin which would elongate getting a return on your investment.
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.
How much is a Milktea franchise 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.
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 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.
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 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.
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 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 Angel's Burger franchise?
While some would provide franchise information from business operations and support, management training services to marketing and promotion of the product, there is an actual fee / cost of opening up a franchise which range from Php 535,000 + Php 30,000 to probably 1M investment capital per store or outlet.
How much is Chachago franchise?
Total Franchise Investment: Php2 Million – Php2.5 Million Be the next successful franchisee of Taiwan's best milk tea brand – Chachago!
How much do Boba franchises make?
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 franchise chatime?
1How much is the franchise fee? What does this price include and what other costs will be incurred in addition to this price? The total franchise fee is USD 40,000~78,000.
How many Gong Cha stores are in the US?
Gong cha currently has more than 150 stores across 11 states and Washington, D.C., including New York, New Jersey, Texas, California and others. The first new stores are set to open in New Orleans in spring of 2022.
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.
Where did Gong Cha originate?
Gong Cha, which means Tribute Tea, originated from providing the most premium and refined teas to China’s Emperor. Contrary to what most believed that it is a Singaporean brand, it was established in Taiwan in 2006 by a Hong Kong native.#N#Six years after it was established, it has grown into an international brand with stores in different sides of the world such as Hong Kong, Macau, Singapore, South Korea, New Zealand, Australia, Malaysia, mainland China, Canada, the United States, the Philippines, Myanmar, Vietnam, and Brunei.
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.
What is Cha Tuk Chak?
CHA TUK CHAK is the leading Thai Tea brand globally , known for bringing Thailand’s authentic flavors to the Philippines. This brand pioneered the Thai Tea wave in the Philippines and is recognized as the country’s best Thai tea, mainly attributed to its superior taste and authenticity.
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.
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 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.
