LA is full of bubble tea franchises selling 珍珠奶茶 pearl milk tea for $3.50 a pop or more. Then again, I don’t envy the guy who has to cover the rent and expenses of an LA store while facing somewhat stiff competition from ABCs who already have an established base.
This kind of thing seems to work where there is already a fairly large Asian community and the locals are used to ‘weird food’ etc. The only place I can think of with this kind of international community and notable lack of Taiwanese-style tea shops is London. God only knows what the startup costs of a London store are nowadays though.
Lollicup is a boba tea franchise with quite a few stores across California. They seem to carry all the necessary equipment but I don’t know much about them except that the quality was decent in the stores I visited a few years back.
[quote=“Dirt Merchant”]Taiwan is ridden with take-away tea shops. They’re everywhere. And by the looks of it some are super-busy, and I’m sure quite successful.
Now, back in my native country there are none of these.
But I’m sure there’s potential to open one, and possibly franchise it, marketing it as the ‘healthy lifestyle’ option.
What I want to get hold of is a successful formula/business plan/business model, on which to structure my own.
I’d be a first-time tea shop owner, and would need all the advice I could get. Also, sources for raw materials (black/red/green tea powder, pearls, teas, cup-sealing machine, etc).
Any advice - please offer it below. And reading material that might be useful in getting my business plan together, getting finance, attracting investors, etc - again, please offer below.
Thanks a million![/quote]