{"id":21035,"date":"2016-09-22T10:39:46","date_gmt":"2016-09-22T10:39:46","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=21035"},"modified":"2024-06-05T14:40:41","modified_gmt":"2024-06-05T18:40:41","slug":"bubble-tea-excitement-franchising","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/bubble-tea-excitement-franchising","title":{"rendered":"Bubble Tea: What Is It? Why All The Excitement In Franchising?"},"content":{"rendered":"

\"bubble<\/p>\n

I keep hearing about Bubble Tea franchises. But my first question is what the heck is Bubble Tea? And why all the talk and excitement in the franchise world<\/a>? In other words, what’s with this new beverage?<\/p>\n

FYI:<\/strong> I didn’t know what Bubble Tea was until I looked it up on Google and read the Wikipedia Page:<\/p>\n

“Bubble tea is a Taiwanese tea-based drink invented in Taichung in the 1980s. Most bubble tea recipes contain a tea base mixed\/shaken with fruit or milk, to which chewy tapioca balls or fruit jellies are often added. Ice-blended versions are usually mixed with fruit or syrup, resulting in a slushy consistency. There are many varieties of the drink with a wide range of ingredients. The two most popular varieties are bubble milk tea with tapioca and bubble milk green tea with tapioca<\/em>.”
\nYou can read the entire description…and more at Wikipedia.org<\/a><\/p>\n

So, the tea<\/a> is basically a cup o’ slush with tapioca beads on the bottom. Fantastic. I was<\/em> kind of thirsty a minute ago. Now, not so much. I think I’ll stick to a powerful cup of this beverage instead<\/a>.<\/p>\n

Wait. So what is Boba Tea?
\nAccording to Eater.com<\/a>, “The word ‘boba’ can refer to either a broad category of chunky drinks \u2014 including everything from iced tea with tapioca pearls to fresh juice loaded with fruity bits \u2014 or black tapioca pearls themselves.<\/em>”<\/p>\n

So Boba Tea is the same stuff. I think.<\/p>\n

Have you ever tasted Boba Tea?<\/p>\n

Bubble Tea Franchises: Why All The Fuss?<\/h2>\n

My answer: I actually have no idea why a Bubble Tea franchise is a “thing<\/em>.” But take a look at this.<\/p>\n

In April 2014, Gong Cha<\/a> opened its first franchise store in Flushing, Queens (New York<\/em>). To this day there are 7 Gong Cha outlets in New York City with Gong Cha (a Bubble Tea franchise<\/em>) expanding to other regions in New York, New Jersey, Massachusetts, and now Texas. That means several people have plunked down their initial franchise fee<\/a> to become a business owner of this tea franchise. There’s more.<\/p>\n

Interestingly enough, there’s even a Bubble Tea vending machine business you can buy-with a territory included. I won’t name the company because, like Starbucks<\/a>, it may not be a true<\/em> franchise business, especially with the low initial investment amount listed.<\/p>\n

Bubble Tea Business Update:<\/h2>\n

A new report<\/b><\/a> on the business of Bubble Tea is out.
\nHere are the top (best<\/em>?) 8 Bubble Tea brands profiled in the report:
\n1. Gong Cha
\n2. Boba Guys
\n3. Chatime
\n4. ShareTea
\n5. 8tea5
\n6. Quickly
\n7. CoCo Fresh<\/b>
\n8. ViVi Bubble Tea<\/p>\n

CoCo Fresh Tea Juice<\/h2>\n

Speaking of CoCo Fresh Tea Juice, the company was founded by Hung Chao-shui in 1997. The leading Taiwanese tea brand has over 1,000<\/strong> branches in China, Taiwan, Hong Kong, Malaysia, and opened its first U.S. location in 2011. Read more at Forbes.com<\/a><\/p>\n

\n

🌹New: Warm Jose Jasmine Milk Bubble Tea +Raining Day pic.twitter.com\/alaPWLo2Wg<\/a><\/p>\n

\u2014 Little Moon Cafe and Tea (@LittleMoonCafe1) March 2, 2020<\/a><\/p><\/blockquote>\n