Best and Top Boba Bubble Tea Franchise: Franchises Cost Profit Now

 

Although bubble tea has grown in popularity most recently in the United States, it truly has its roots in Taiwan and dates back to the 1980s. The sector is now estimated to be worth $2.5 billion globally. And during the following ten years, it is anticipated to continue expanding significantly. Bubble tea franchises becoming increasingly popular in the United States and other countries. There are many different flavors to choose from when it comes to this type of iced drink and it can be served hot or cold depending on your preference.

The global bubble tea market, estimated at $2.4 billion in 2019, is expected to reach $4.3 billion by 2027, rising at a CAGR of 7.8% from 2020 to 2027, according to a report by Allied Market Research. The demand for milk tea and bubble tea among young consumers, the growth of global food and beverage chains, and the rising availability of bubble tea at neighborhood cafes and convenience stores are some of the drivers driving the market. Geographically speaking, the milk tea and bubble tea market is greatest in the Asia-Pacific region, with China, Taiwan, and Japan being the main consumers. 

Consequently, if you are trying to cash in on a rising trend around the world, bubble or boba tea franchises can be the ideal money-making opportunity for you. There are also several boba tea franchise chances to take into account if you are not interested in creating your own business from the beginning.

What is the Best Bubble Tea franchise business?

The ingredients of bubble tea, also known as boba, typically comprise tapioca balls, milk, and tea. There are several flavors and fashions to choose from. In bubble tea, brewed green or black tea is combined with chewy cassava root balls and tapioca pearls. Different varieties of fruit juices, flavored syrups, tea, milk, and a selection of toppings are among the prominent bubble tea variations.

Additionally, the beverage is renowned for being particularly shareable in social media images. Because people of all ages are now learning about the enchantment of bubble tea, these stores are primarily renowned with Millennials and Gen Z. These companies give entrepreneurs the chance to capitalize on well-known brands and gain access to tested procedures and systems. However, you continue to have the autonomy to design your own space and oversee your workforce. In essence, it’s a means to hasten the process of opening your own boba tea franchise business.

The exciting options listed below in this article might make it easier for you to get started if buying a bubble boba tea franchise looks like the ideal business for you.

 

How much is the cost to start a Bubble Tea franchise?

The bubble or boba tea franchise cost ranges from $225,000 to $500,000. Large places and those found in populated areas will probably cost more than average. Stores and kiosks located in malls or airports typically have lower startup costs. Most can start their businesses for between $125,000 and $200,000.

Why Start a Bubble Tea franchise business?

Although there are many other drink trends, bubble tea is going to stay. Bubble tea has cemented its position as a beloved beverage among a wide range of customers after decades of success in international markets and years of steadily building interest in the United States. Franchises for bubble tea continue to dominate this enduring business and provide bubble tea drinkers all around the world with our excellent products. 

How do they accomplish this? They have built a bubble tea company with some serious staying power thanks to customizable menu options and premium drinks ideal for social media. Some of the benefits of starting a Bubble or boba Tea franchise include

• Customizable & Innovative Drink Menu
• The Social Atmosphere of a Drinks Franchise
• Easy-to-fill staff positions 
• Ongoing support to franchisees

Pros and Cons of Bubble Tea Franchise

Bubble tea is a Taiwanese dessert drink, made from tapioca balls and sweetened with sugar or honey. It has become popular in the United States in recent years because of its lower cost than coffee drinks.

Pros of owning Boba Tea franchise opportunities

• Rewarding work
• Meaningful business connections
• Daily physical activities
• Amazing discounts and perks
• You will be your boss
• Local community
• Higher chances of getting referrals
• Simple business model
• Face-to-face interactions
• Easy to learn the business

Cons of Bubble Tea Franchise Opportunities

• Crowded space
• Finding the right supplier
• Motivation of employees 
• Low margins
• High employee turnover
• High overhead expenses and taxes
• Time commitment 
• Financial struggle initially 

Which is the Best Bubble Tea franchise to own?

There are many franchise opportunities in the Bubble or Boba Tea sector. Some are better than others for various reasons. 

Here are 15 of the best Bubble Tea franchises in the United States and Canada.

1. 7 Leaves Cafe franchise

• Started in 2011
• Franchising since 
• 7 leaves Cafe franchise cost is $200,000-$500,000
• 7 leaves Cafe Franchise fee $35,000
• Royalty fee 6%

It is their goal to produce and market luxury foods, snacks, and beverages under the brand name 7 Leaves. As a market leader in the sector, they are dedicated to offering exceptional customer service by making sure that every one of their clients receives good products that are delivered promptly. 

They have established a vast network of retail locations throughout New Zealand, giving them access to more than 65% of the country’s population. They also run numerous production facilities across New Zealand, including those in Auckland, Wellington, Christchurch, and Dunedin, enabling them to supply products quickly anywhere in NZ.

2. Bee And Boba Tea Franchise

• Started in 2014
• Franchising since 2016
• Bea and Tea franchise cost investment $147,500-$287,100
• Bea and Tea Franchise fee $40,000
• Royalty fee 6%

Bee & Tea is a fast-casual establishment that specializes in healthy bowls, bubble tea, bao, and smoothies. The brand has a strong appeal to millennials and Generation Z. They do, however, provide possibilities for older age groups. Furthermore, each store has a plethora of personalization choices to keep clients pleased. 

Snack-sized dishes and Asian-inspired ingredients make the eatery ideal for modern customers. Furthermore, the decor and interior design features are contemporary and stylish. As a result, the overall experience is consistent and memorable.

3. Happy lemon Franchise

• Started in 2006
• Franchising since 2006
• Initial investment $309,000-$509,000
• Franchise fee $40,000
• Royalty fee 7%

In the past 15 years, Happy Lemon has expanded to 1,500+ lucrative locations across the USA and other nations. Delicious and healthful bubble tea made expertly from the finest ingredients and a tried-and-true business model utilized to run the businesses account for the excellent franchising potential. 

The Happy Lemon bubble shop franchising provides its franchisees with a lot of advantages. By becoming a franchisee, you will have access to the brand’s best practices as well as a 232-hour training program and in-depth assistance with marketing, management, and other company operations.

4. Gong Cha franchise

• Started in 2006
• Franchising since 2009
• Initial investment $177,430-$335,400
• Franchise fee $41,500
• Royalty fee 5.5%

Gong Cha is a well-renowned boba brand that prioritizes premium ingredients and inventive blends. To encourage customers to keep coming back for more bubble tea, the franchise offers unique services like online ordering. They also have a significant local, national, and global presence. Taiwan serves as the company’s headquarters. However, Gong Cha outlets may be found in several nations, including the US, Korea, Australia, Canada, and Singapore. 

5. Bubbleology Franchise

• Started in 2014
• Franchising since 2014
• Bubbleology franchise cost or investment $205,850-$458,950
• Bubbleology Franchise fee $32,500
• Royalty fee of 5%

The boba tea franchise, Bubbleology, is well-renowned for its selection of tapioca drinks and fresh tea. The company sells specialized waffle sweets that are particularly shareable on social media in addition to bubble tea. The organization provides prospects for both single- and multiple-unit development. You can decide whether to use a modern kiosk or a conventional in-line location. As a result, prices and experience differ from instance to situation. New franchisees must, however, meet qualifications in the food or retail industries.

6. Bambu bubble tea franchise

• Started in 2014
• Franchising since 2015
• Bambu franchise cost or  investment $135,000-$318,500
• Bambu Tea Franchise fee $81,500
• No Royalty fee 

Bambu offers unique Asian-inspired Che, teas and milk teas, Vietnamese coffees, juices, and exotic & authentic fruit smoothies that can be purchased off of their distinctive menu or prepared to order exactly the way a customer prefers. 

Customers can meet up with friends, family, and coworkers in a welcoming and convenient setting in addition to enjoying fresh, gluten- and dairy-free Che. Without the requirement of monthly income reporting, their special franchise model charges a modest fixed royalty. Furthermore, their fixed sum permits an individual to keep 100% of the future sales, in contrast to typical percentage royalty requirements.

7. Boba Loca Franchise

• Started in 2010
• Franchising since 2015
• Boba Loca franchise cost or Initial investment $88,945-$327,955
• Boba Loca Franchise fee $10,000-$14,000
• Royalty fee 5%

The goal of the boba tea chain Boba Loca tea franchise is to make every customer feel welcome. The business offers a variety of food, juice, pastries, and an espresso bar in addition to bubble tea. 

Franchisees should always work in their businesses, and it is preferable if they have prior restaurant or franchise experience. However, the business has a specific procedure for opening new stores. Currently, California is home to a large number of franchise locations. However, there are also opportunities in other markets.

8. Kung Fu Tea Franchise

• Started in 2010
• Franchising since 2011
• Initial investment $166,500-$375,500
• Franchise fee $25,000-$37,000
• Royalty fee 4%

Entrepreneurs can gain access to a well-known, long-running bubble tea business with Kung Fu Tea. They provide made-to-order beverages in addition to specialty goods like tea sets and reusable straws. 

Even other companies like Yasubee Ramen and TKK Fried Chicken collaborate with them; Franchisees can so diversify their sources of income and provide customers even more value with the added service. Kung Fu Tea franchisees in the US can get started by following a tried-and-true ten-step procedure. They also provide non-standard choices, such as those seen at shopping malls. However, those costs differ from situation to case.

9. Tapioca Express Boba tea Franchise

• Started in 1999
• Tapioca Express Franchise Cost is $140,035-$553.835
• Tapioca Express Franchise fee $15,000
• Royalty fee 2.5%

Being one of the first bubble tea franchises in the United States, the opening of the first store of Tapioca Express was hosted by California. However, they now have stores in many new states, including Texas, Virginia, and Washington. 

They sell smoothies, mochi waffles, and munchies in addition to bubble tea. The company imports top-notch ingredients from Taiwan. Additionally, they offer a predetermined procedure for opening a new franchise. Consequently, you should be fully prepared from the outset.

10. Chatime franchise

• Started in 2005
• Franchising since 2006
• Chatime franchise cost or investment $181,100-$507,200
• Chaitime Franchise fee $78,000
• Royalty fee 3.5%

Canada’s love for bubble tea is growing, and Chatime is considered to be the company that pioneered the trend. Chatime is the most popular bubble tea brand in Canada and has gained millions of followers; many of them now incorporate Chatime into their everyday lives. 

With items that are incredibly creative and freshly created to order, Chatime has a distinct flavor that is all our own and something that their guests long for. Chatime has established itself as a strong business model with significant profit potential, thanks to its consistent digital sales all through the pandemic.

11. Sharetea Franchise

• Started in 1992
• Franchising since 2006
• Initial investment $386,900 to $492,200
• Franchise fee $48,000
• Royalty fee 6%

The main goal of Sharetea locations is to make drinking milk tea more enjoyable. The business was founded in Taiwan and has offices across the world. In actuality, North America currently has more than 100 stores. It is a global brand that is currently recognized to some extent in the United States. Over 28 years have passed since the company first began operations. Additionally, the group helps new tea businesses choose locations and offers marketing strategies and in-depth training.

12. Ding Tea Franchise

• Started in 2004
• Franchising since 2004
• Initial investment $123,000 – $422,000
• Franchise fee $20,000
• Royalty fee 2-5%

Anyone over 20 with good credit and a love of tea is eligible for Ding Tea franchise opportunities. There are many special drinks on their menu that are produced with high-quality ingredients, including milk teas with fruit flavors. There is now only a handful of United States locations for the business, however, it is widely known in Australia, Asia, and Europe. To assist franchisees, the company offers training, technical assistance, and continuing contact. Additionally, there is a predetermined procedure to aid new franchises in the opening.

13. Koi Tea Franchise

• Started in 2006
• Franchising since 2007
• Koi Tea Franchise cost or investment $200,000-$500,000
• Koi Tea Franchise fee $37,000
• Royalty fee 4%

For its boba tea franchises, Koi Tea provides a beginning kit and operational support. Franchisees need experience in multi-unit management, retail, or the food service industry. Candidates that care about promoting community and getting involved in their neighborhood are also looked after. 

The business offers the option to open a single location or to enter the multi-unit development market. There are also a variety of store sizes and layouts available. It, therefore, proves to be a versatile opportunity. The business has recently been established, and it fails to have many locations at present; they can therefore give each new franchisee individual attention.

14. CUPP Bubble Tea franchise

• Started in 2010
• Franchising since 
• Cupp bubble tea franchise cost or investment £60,000 – £300,000
• Cupp Bubble Tea Franchise fee £15,000+VAT
• Royalty fee 5%

A boba tea franchise shop with locations all over the world, CUPP Bubble Tea is based in the UK. If you want to open a new store quickly, they provide solutions for turnkey locations. However, they also provide people who want to expand their firm the chance to open many locations.

The company also gives you the chance to become an International Master franchise if you truly want to raise your franchise game. You acquire the rights to a particular nation in this manner. The whole CUPP network in that region is managed by master franchisees. Consequently, you require in-depth market expertise as well as the capacity to draw in new franchisees.

15. CoCo Fresh Franchise

• Started in 2014
• Franchising since 2014
• Coco Fresh franchise cost or initial investment $252,000-$482,000
• Coco Fresh Franchise fee of $60,000
• Royalty fee 6%

CoCo is the biggest hand-made bubble tea business in the world.  Globally, it had more than 2000 stores by the end of 2015. CoCo has created a distinct competitive advantage through the creation of our extensive training programs, examination processes, product innovation, and skilled management team that allows us to grow from an aspirational Taiwanese entrepreneur to a worldwide chain business.

With the “CoCo Fresh Tea & Juice” name and marks, the company provides a franchise to own, run, and market a unique retail store and cafe concept that sells packaged snacks, brewed tea, juices, bubble tea, coffee, smoothies, and other hot and cold beverages.

 

Top and Best Bubble Tea franchises in the USA in 2023

• Kung Fu tea
• Gong Cha
• Sharetea
• Bubblelology 
• CUPP Bubble tea

 

Best Upcoming Bubble Tea franchise opportunities in 2023 

• Sharetea
• Boba Loca
• Ding Tea
• Koi Tea

Best Bubble Tea franchises opportunities in terms of Net Worth

• Gong Cha
• Bambu
• Glow Tea

Which is Most Profitable Bubble Tea franchise?

• Gong Cha
• Kung Fu tea
• Bubbleology 

Best Bubble Tea franchise opportunities in terms of the Rankings

• Gong Cha
• 7 Leaves Cafe
• Bee & Tea
• Happy Lemon
• Boba Loca 
• Bubbleology 
• Bambu 

Best Bubble Tea franchise opportunities in terms of the Franchise Deck Ratings

	Bubble Tea franchise	Franchise Deck Ratings
1.	Boba Time Tea	4.0/5.0
2.	Gong cha	3.7/5.0
3.	Share tea	3.7/5.0
4.	Kung Fu tea	3.5/5.0
5.	Ding Tea	3.3/5.0

How to select the best Bubble Tea franchises for sale in 2023?

To select the best bubble tea franchises for sale, follow the steps mentioned below 

• Find target customers
• Look for the amount of initial investment 
• Look for the initial components required to start the business
• Search and finalize a location
• Legalize the business

Are Bubble Tea franchises profitable?

Depending on your target market, running a bubble tea shop can be profitable. You’re more likely to make enough money to cover your bills if you live in a fashionable or wealthy neighborhood. The business sector is still expanding. So it is undoubtedly possible to create a successful company in this sector.

The revenue you can make from a bubble tea shop varies depending on the size of your location. Locations, expenses, and prices are important factors. Many retailers, however, make $3 or more for every serving. Additionally, components may just cost $0.75. Before accounting for any costs, you may make more than $30,000 per month if you sell 500 goods every day.

Conclusion: Is the Bubble Tea Franchise a Good Choice?

The food and beverage industry is witnessing a trend called “bubble tea franchise company” that has gained popularity among Americans. The selling point is boba tea, which is made by combining fruit juice, fruit, or milk with a tea blend. 

To be honest, offering only one drink does not restrict the potential of the top Bubble Tea franchise.  In the USA, there are many different concepts active in the market. The list consists of locations that sell bubble tea together with coffee, pastries, snacks, and other products.

In conclusion, any of the franchises for bubble tea mentioned above are worthwhile investments. But there are many things to take into account when deciding which is ideal for you. Consider the brand’s reputation, the assistance and training provided, and the success of the other franchisees. However, the most important thing you should do is match the brand’s investment requirements with your budget.

Competition Analysis of Bubble tea Franchise
	Cost to Franchise	Fran Fees	Royalty + Ad fees	Expected Profit	Recoup of Capital	FD Rating
Sharetea Franchise	$386,900 to $492,200	$48,000	6%+ 2%	$ 45,000 to$ 64,800	5.8 to 8.3 years	3.7/5.0.
Ding Tea Franchise	$123,000to $422,000	$20,000	4%+ 2%	$ 57,600	6 to 8 years	3.3/5.0.
Kung Fu Tea Franchise	$124,050 to $428,050	$37,000	4% +2%	$ 65,000- $ 100,000	4 to 6 years	3.5/5.0
Boba Time Tea Franchise	$389,100 to $531,700	$40,000	5% +2%	$ 96,867 to            $ 134,123	3 to 5.5 years	4.0/5.0.
Gong Cha Franchise	$177,430 to$335,400	$41,500	5.5% + 2%	$ 45,000 to $ 64,800	6 to 9 years	3.7/5.0.
Happy Lemon Franchise	$309,000 – $509,000	$40,000	7% + 2%	$ 50,625 to$ 72,900	6 to 9 years	b