How much can you make owning a bubble tea shop?

Locations, prices, and costs play a major role. However, many stores make $3 or more per serving. And materials can cost $0.75 or less. If you sell 500 products per day, you could bring in more than $30,000 per month before factoring in other expenses.

How do you start a successful bubble tea shop?

Here are some helpful steps to follow for starting your own bubble tea business.

1. Define the Concept of Your Store.
2. Create and Understand Your Brand.
3. Pick a Good Store Location.
4. Write a Business Plan.
5. Find Finance Options.
6. Design Your Menu.
7. Design Your Store.
8. Invest in the Right Equipment.

How much is the franchise of bubble tea?

Franchise Fee: PHP 250,000. Investment Capital: PHP 850k – 1.5m.

How much money does bubble tea make?

The bubble tea market was valued at $2.4 billion in 2019 and is estimated to reach $4.3 billion by 2027, registering a CAGR of 7.80\% from 2020 to 2027.

Why Bubble tea is a good business?

At a time such as now, food happens to be an easily shareable and exportable things and that’s how bubble tea began to make good business. Also, thanks to its chewy tapioca balls and neighbourhood taste, the beverage has become accessible to many at a relatively cheap price point among mainstream consumers.

Do tea shops make money?

How does a tea shop make money? Tea shops make money by selling brewed tea, food and packaged tea to customers.

How do I start a small milk tea business?

How to Start Your Own Bubble Tea Business

1. Define the Concept of Your Store.
2. Create and Understand Your Brand.
3. Pick a Good Store Location.
4. Write a Business Plan.
5. Design Your Store.
6. Use Technology and Tracking Applications.
7. Hire and Train Employees.
8. Obtain Appropriate Permits and Licenses.

How much does Boba usually cost?

Prices vary, but a 16- to 20-ounce serving of bubble tea will usually cost about $3 to $5.

How much is coco milk tea 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.

How much does it cost to open a milk tea shop?

If you want to start your own Milk Tea Shop, you will invest for about 30,000 to 100,000 pesos but this is just a rough estimate. It depends on how big you want to start. Most small franchising companies offers 30,000 to 300,000 pesos packages.

Why bubble tea is a good business?

How much does it cost to start a bubble tea franchise?

What Are the Costs Associated with Starting a Bubble Tea Franchise? To open up a bubble tea franchise, you will need a minimum of about $150,000. This money goes into paying the franchise fees, store rental, equipment, various startup fees, and to meet liquid reserve requirements.

How did the bubble tea business become so popular?

Right from the time Americans started loving the taste of bubble tea, it turned into a lucrative business especially if the business was established in an area with a lot of tea lovers and people who are health conscious.

What do you need to start a bubble tea kiosk?

Typically, you will need a bar counter and working bench, as well as a commercial kitchen. But if you are starting a bubble tea kiosk in shopping center, you will need a full kiosk set. The store needs to have a serving bar and some leisure tables, chairs, seating booth etc.

Is there a Dingding Tea franchise?

Ding Tea franchise opportunities are available to anyone over 20 years old with good credit and a passion for tea. The menu is full of fruit flavored milk teas and other specialty beverages, all made with quality ingredients. The company currently only has a few U.S. locations.