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E-Mail '10 Bubble Tea Franchise Businesses' To A Friend

Q: How much does it cost to start a bubble tea business?

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.

Q: Is owning a bubble tea business profitable?

The profitability of owning a bubble tea shop depends on your market. If you’re in a trendy or affluent area, you’re more likely to earn enough to offset your expenses. The industry is still experiencing growth. So it is certainly possible to build a profitable business in this market.

Q: How much can you make owning a bubble tea shop?

The amount you can earn with a bubble tea shop depends on your store volume. 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.

Q: How do I start a bubble tea business?

To start your own bubble tea business, you first need to scout locations. Find something in an upscale or touristy area with plenty of walkabilities. A popular downtown location would be ideal. Then you need to source equipment and supplies. This includes blenders, stoves, tea shakers, cups, straws, tea ingredients, and tapioca pearls. You’ll also need to take care of any licensing and inspection requirements in your area. On the business planning end, you’ll need a logo, branding, menu, and price list. Think about how you’ll market to customers and how many products you think you’ll be able to sell each day to eventually make a profit. Before opening, hire and train a team to make all the drinks on your menu. If you opt for a franchise instead of starting your bubble tea business from scratch, most of these steps will be laid out for you.

Q: What do I need to open a boba shop?

First, you need a location. This should be a retail storefront that has enough space for your equipment, countertops, sinks, staff, and a small customer area. Equipment-wise, you’ll likely need a stove for brewing tea and making tapioca pearls. You should also consider tea shakers and blenders for specialty beverages. On the supply side, you’ll need a large selection of cups, lids, straws, and napkins. If you sell other products like hot beverages or snacks, you’ll need specialty containers for those items as well. In terms of ingredients, stock up on tea powders in various flavors, creamers, sweeteners, various teas, milks, water, and tapioca pearls.

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