But they offer options for older age segments as well. The company offers key appeal for millennials and gen Z. And the total initial cost range from $163,250 to $361,600.īee & Tea is a fast-casual restaurant with a focus on bubble tea, smoothies, bao, and healthy bowls. The initial franchise fee ranges from $20,000 to $30,000.
However, requirements in the restaurant or retail industry is a must for new franchisees. So costs and experience vary from case to case. You can even choose between the non-traditional kiosk or the traditional in-line locations. The company offers both single and multi-unit development opportunities. In addition to bubble tea, the business also provides specialty waffle desserts that are especially shareable on social media. Bubbleologyīubbleology is a boba tea franchise that is known for fresh tea and tapioca beverage options. And the team provides site selection assistance, marketing plans, and comprehensive training for new tea franchises. The company has been in operation for more than 28 years. So it’s an international brand with some current recognition in the U.S. In fact, there are currently more than 100 stores throughout North America. The company has roots in Taiwan and locations in multiple countries. Sharetea franchise locations are all about bringing fun to the milk tea beverage experience. Total upfront costs fall between $124,050 and $428,050. But those fees vary on a case-by-case basis. They also offer nontraditional options, like those in shopping centers. The franchise fee for a traditional store is $37,000. Those who want to franchise Kung Fu Tea in the United States can follow a proven ten-step process to get started. So franchisees can diversify their revenue streams and provide even more value to customers with the additional service. They even partner with other brands like TKK Fried Chicken and Yasubee Ramen. They offer made to order beverage along with specialized merch like reusable straws and tea sets. Kung Fu TeaĪ Kung Fu Tea franchise gives entrepreneurs access to a popular, U.S.-based bubble tea company that’s been around for about a decade. But the company estimates the initial investment at between $177,430 and $335,400. Franchise fees vary on a case by case basis but usually fall around $30,000. But there are Gong Cha stores throughout several countries, including the United States, Canada, Korea, Singapore, and Australia. And they have a strong national and international presence. The chain offers special features like online ordering to make it easy for customers to keep returning for more bubble tea. Gong Cha is a boba franchise that focuses on quality ingredients and creative mixes. If purchasing a bubble tea franchise seems like the perfect business for you, the exciting opportunities below may help you get started.
Essentially, it’s a way to expedite the process of starting your own bubble tea shop. But you still get the freedom to build your own location and manage your own team. These businesses allow entrepreneurs to latch onto an established brand and benefit from proven systems and processes. And if you’re not interested in building your own brand from scratch, there are plenty of boba tea franchise opportunities to consider. So if you’re looking to capitalize on a growing global trend, bubble tea may be the perfect business opportunity for you.
And it’s expected to continue experiencing significant growth throughout the next decade. Now, the industry is valued at nearly $2.5 billion around the world. in the last decade or so, it actually originated in Taiwan back in the 1980s. Though bubble tea has become most popular in the U.S.
So these shops are mainly popular with Gen Z and Millennials (Here’s what Millennials want), with people of all ages now discovering the magic of bubble tea. And the drink is known for being especially shareable in social media photos. There is a huge variety of flavors and styles. Bubble tea, sometimes referred to as boba, is a drink that usually includes tea, milk, and tapioca balls.