Here are the top milk tea franchise brands to choose from:
- 1| Cha Thai by Farron Café Franchise Fee: P56,000 Total Investment: From P299,000 Photo by Cha Thai. ...
- 2| Sugar Panda Franchise Fee: P180,000 Total Investment: From P600,000 ...
- 3| Icelavie Franchise Fee: P150,000 Total Investment: P415,000 to P750,000 ...
- 4| Caffé La Tea Franchise Fee: P650,000 ...
- 5| Beanleaf Coffee and Tea Total Investment: P1.88 million to P3.68 million ...
- 6| Chatime Franchise Fee: P300,000 to P500,000 ...
How much does it cost to start milk tea business in Philippines?
The capital for a milk tea business in the Philippines depends on how big you want your store to be, and what type of recipes you are planning to offer. If you want to start your own milk tea shop from scratch, you will need about Php 30,000 to Php 300,000 (rough estimate only).
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.
Is COCO Fresh Tea&Juice Philippines a franchise?
“CoCo Fresh Tea & Juice is a registered trademark of Tobistro Foods, Inc. in the Philippines. CoCo Fresh Tea & Juice Philippines is currently not open for franchising.”
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 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 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 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 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 much should I invest in a tea shop?
An investment of INR 50,000 is enough to get you started. On the other hand, for a more authentic establishment like a tea bar or cafe, you need more of an investment. For metropolitan cities, the amount can go as high as 30 lakhs.
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 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 profitable is selling tea?
Based on a presentation slide detailing “profit margins example from commercial operators," tea got a 98 percent on profitability/low cost. By comparison, coffee got 81 percent, water got 75 percent and soft drinks, 38 percent. Beverage consumption patterns are changing, and tea is on the rise.
Can Starbucks be franchised in the Philippines?
Their franchising fee is at a very low P300,000, compared to the millions of pesos you will have to shell out for a Starbucks licensed store. If all those are not enough, the best thing that Star Frappe will offer is, of course, their low franchising cost.
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 does it cost to open a Tapioca Express?
Facts & FiguresLiquid capital required$124,388Investment$200,000 - $420,000Franchise fee$14,888Units in operation46
How do I start a milk tea 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.
Do bubble tea 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 profitable is selling tea?
Based on a presentation slide detailing “profit margins example from commercial operators," tea got a 98 percent on profitability/low cost. By comparison, coffee got 81 percent, water got 75 percent and soft drinks, 38 percent. Beverage consumption patterns are changing, and tea is on the rise.
How much does it cost to open a tea stall?
The tea stall business is one such business that requires a low amount of investment. On the basis of all the raw materials required for the establishment of a tea stall, the minimum investment that is required for the start-up is ₹1 Lakh.
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.
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 ...
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.
Why franchise Coco milk tea?
Here are good reasons why you should consider franchising Coco Milk Tea: Milk tea, as a product, is still a relatively fresh concept made more exciting by an unending offerings of flavors, sinkers, and toppings that appeal to the young and oldies alike.
Who owns CoCo Fresh Tea?
CoCo Fresh Tea & Juice was brought to the Philippines in 2013 by a local company called Tobistro Foods Inc. The company’s owner, Larry Evans Tan, knew that the milk tea industry in the Philippines then was already competitive, but he still decided to franchise it as he saw an opportunity to offer fresh tea and juices alongside milk teas.
How to make tapioca pearls taste better?
Add sugar syrup, honey, or condensed milk to sweeten the tapioca pearls. Now time to prepare the milk and tea combination. Steep your tea for 1 to 5 minutes to get the taste you desire. Teas that are steeped longer usually have more robust and stronger flavors while teas steeped for shorter times have milder flavors.
How to make pearl tea?
While the tea is steeping, heat 1/2 cup of milk until it steams. Once done, transfer the steamed milk to a different container and whip it to froth. Pour and combine your milk into the tea, then add the pearls. Enjoy!
What are the top of mind brands in the milk tea industry?
During the first wave of the milk tea phenomenon in the country, companies such as Serenitea, Happy Lemon, and Cha Time emerged as top-of-mind brands. In the past years, though, growth seemed to have peaked but interestingly these days, it appears there is a resurgence of interest for milk tea.
Where is CoCo Fresh Tea and Juice located?
CoCo Fresh Tea & Juice’s history began in 1997 when founder Tommy Hung opened the first branch in Tamsui, a seaside district in Taipei, Taiwan. At present, the company has more than 3,500 outlets around the world, including branches in the United States, China, Japan, United Kingdom, Singapore, and of course, the Philippines.
Does CoCo have millennials?
Most CoCo stores are filled with long lines from yuppies and millennials, and GrabFood and FoodPanda delivery persons too, ordering the following popular variants from its menu:
Why franchising Milktea?
We chose franchising as a method for expansion, to make it easier for people to become entrepreneurs and to make sure the upcoming Milktea Central branches serve only the highest quality milk tea and frappes to the most important people — the customers!
Is Milktea Central endorsed?
A: Exactly that! Milktea Central is not celebrity endorsed, which means the franchise fee is not as high as the other commercial milk tea franchises. Besides the lower franchise fee, Milktea Central central won’t burn your pockets with advertising and royalty fees.
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!
