How much does it cost to open a bubble tea franchise?
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 do I start a bubble business?
How to Start Your Own Bubble Tea Business
- Define the Concept of Your Store.
- Create and Understand Your Brand.
- Pick a Good Store Location.
- Write a Business Plan.
- Design Your Store.
- Use Technology and Tracking Applications.
- Hire and Train Employees.
- Obtain Appropriate Permits and Licenses.
Is chatime franchise profitable?
“The business model is based on franchisees growing sales, not profit, with head office taking a 6 per cent royalty from every sale as Australians slurp on a growing variety of bubble tea.
How much is a Coco franchise?
How much does a Coco Fresh Tea & Juice franchise cost? The minimum amount required for a franchisee to invest is $252,100, and can go all the way up to $482,000.
Which is the best bubble tea franchise business?
Here are the best bubble tea franchise businesses for aspiring entrepreneurs to consider: 1 1. Gong Cha. Gong Cha is a boba franchise that focuses on quality ingredients and creative mixes. The chain offers special features like online 2 2. Kung Fu Tea. 3 3. Sharetea. 4 4. Bubbleology. 5 5. Bee & Tea.
Is there a kung fu bubble tea franchise?
A Kung Fu Tea franchise gives entrepreneurs access to a popular, U.S.-based bubble tea company that’s been around for about a decade. They offer made to order beverage along with specialized merch like reusable straws and tea sets.
How much does a bee and Tea franchise cost?
However, requirements in the restaurant or retail industry is a must for new franchisees. The initial franchise fee ranges from $20,000 to $30,000. And the total initial cost range from $163,250 to $361,600. 5. Bee & Tea
How much does it cost to open a ShareTea franchise?
The franchise fee for a traditional store is $37,000. They also offer nontraditional options, like those in shopping centers. But those fees vary on a case-by-case basis. Total upfront costs fall between $124,050 and $428,050. 3. Sharetea Sharetea franchise locations are all about bringing fun to the milk tea beverage experience.