Full Answer
How much is milk tea franchise in 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 it cost to franchise Boba?
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 is Ku Chi tea franchise?
Royalty Fee: 4.5 % Marketing Fee: N/A. Franchise Fee: PHP 350,000.
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 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.
Is a boba shop 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.
What are the top 5 franchises 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 ZAGU in the Philippines?
AUTHORIZED DEALERSHIP FEATURES P650, 000 – P850, 000 approximate investment package depending on the type of store operation.
How much is the franchise of alfamart in the Philippines?
Each store ranges from 150 sqm to 300 sqm in size and costs a maximum of P30 million (US$681,000) to open.
How much is a crispy King franchise?
Master Franchise Investment for KRISPY KING FranchiseExpected Investment for Franchise:10,00,001 - 15,00,000Franchise Fee:300000Investments Includes:Furniture and Fixtures Advertising / MarketingCapital Investment required:1000000-15000003 more rows
Can I make my own boba?
Cooking Boba Boil 8 cups of water and add the dry tapioca pearls. Allow this to cook on for 6-8 minutes on medium-high heat. Turn to low heat and allow this to cook for another 5-10 minutes. Remove the tapioca pearls from the boiling water once these begin to float to the surface.
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.
How much does it cost to open a Bambu franchise?
How much does a Bambu Desserts & Drinks franchise cost? Bambu Desserts & Drinks has a franchise fee of up to $80,000, with a total initial investment range of $137,000 to $321,000.
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.
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.
What is a "I love milk tea"?
I LOVE MILK TEA is a milk tea, Frappe and hot coffee shop that offers its customers delicious, high-quality, and freshly-made tea drinks at a very competitive price.
Can a franchisee build their own store?
The franchisee has the option to construct their own store provided that they will follow all the standard designs and specifications given by the Franchisor. A franchisee can also ask the Franchisor to construct the place but the price will vary depending on the size of the Franchisee’s space.
About I Love Milk Tea Franchise
I Love Milk Tea is one of the reputable homegrown milk tea brand, established and solely owned by Letty Sarenas.
I Love Milk Tea Franchise Packages
For the Dine-In franchise package, the franchisee may choose to build their store provided their design adheres to the standard design of the I Love Milk Tea franchise.
I Love Milk Tea Business Contact Details
Franchise details stated may change without prior notice. For further inquiries and more updated franchise details, reach I Love Milk Tea by using the contact details below:
Advantages of Franchising I Love Milk Tea
Receive training support both as a franchisee to learn how to handle a business and your crew, but also training for your staff to learn the right procedures of creating I Love Milk Tea products, and the right conduct to show when interacting with customers.
Things to Consider Before Franchising I Love Milk Tea
Have the passion for providing excellent service and products which adheres to I Love Milk Tea’s standard.
I Love Milk Tea Menu
I Love Milk Tea’s extensive menu of delightful and refreshing milk tea drinks kept on evolving over the years to satisfy the taste of many Filipinos. They also have different variations of milk tea beverages to promise a fun and exciting milk tea experience for their customers!
I Love Milk Tea Delivery
I Love Milk Tea has more than 30 operating stores nationwide and all of them are always ready to satisfy your milk tea cravings. They also made sure that every Filipino can enjoy their delicious milk teas anytime and anywhere by joining online delivery platforms like Grab Food and Food Panda!
I Love Milk Tea Franchise
I Love Milk Tea is open for franchising offering from mall-type stores or counter-type stores. Please see below packages.
Conclusion
Milk Tea has already become a staple drink in the Philippines and I Love Milk Tea was able to establish the fact that they are the number one homegrown milk tea franchise in the country.
Is Cha Thai milk tea the same as Thai milk tea?
Any avid milk tea drinker will know that regular milk tea and Thai milk tea are not the same thing. Cha Thai Authentic Thai Drinks is a specialty beverage brand from Farron Cafe. Each drink is made from the finest grade of quality tea that promises a refreshing taste. With their colorful and variety of flavors, the Cha Thai encourages franchises to locate themselves in schools, malls, and other commercial establishments.
Can franchises be part of every campaign?
Together with the brand’s overarching marketing team, your franchise can become a part of every advertising campaign the brand launches. This encourages brand recall and possible engagement that can help you attain a return on investment sooner than expected. Of course, there are still several factors to be taken into account, but all the aforementioned benefits make up the equation for a shorter turnaround on your franchise investment.
What to consider when franchising I love Milk Tea Shop?
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
Can a franchisee build their own store?
Franchisee has the option to construct their own store provided that they will follow all the standard designs and specifications given by the Franchisor. Franchisee can also ask the Franchisor to construct the place but price will vary depending on the size of the Franchisee’s space.
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.
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.
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.
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.
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.
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.
