The sweet taste of tea when paired with the chewy tapioca pearls creates a unique culinary sensation that is hard to imitate with any other form of drink or food. Iced tea, coffee, and juice offer the same constant texture, but with the pearls, you get a kind of break from the same consistency. Bubble tea has a special place in the world of beverages, and it has grown massively over the past few decades in terms of popularity and number of stores.
Gong cha is an international premier bubble tea brand with over 1670 locations worldwide. There are many factors that give the brand a unique place in this domain, thus creating valuable franchise opportunities for you.
Here you will get all the information you will need to have your own bubble tea store franchise in Rhode Island.
Why Bubble Tea’s Popularity is Growing Exponentially?
There is no other drink like bubble tea. Brands such as Gong cha offer a wide range of flavors to choose from. You can opt for flavors and ingredients including Strawberry, Passionfruit, Lychee, Mango, Taro, Matcha, Caramel Chocolate, Honey, Lemon, and Strawberry Matcha. Then, there are over a dozen toppings to choose from. A visit to a Gong cha bubble store allows customers to have their custom drink prepared to their specifications, with over 600 possible combinations to choose from.
Among all the properties that make Gong cha special in the world of bubble tea, the brand’s unwavering and strong commitment to quality and the use of premium products is something that stands out the most. A franchise with Gong cha is a great opportunity to join a fast-growing chain of bubble tea stores. There are over a hundred Gong cha stores in the U.S. and the numbers continue to grow at a fast pace. Apparently, bubble tea fans cannot get enough of the delicious drink. As a franchisee, you will be able to tap into this market with sensational demand.
Gong cha Franchise Fees & Conditions
Gong cha currently has franchise opportunities open across Rhode Island, New York, Pennsylvania, New Jersey, New Hampshire, Texas, Oklahoma, Connecticut, and Massachusetts. You are expected to have an estimated initial investment in the range of $177,000 and $335,000 to be able to get a franchisee. Once you sign-up for a Gong cha franchise, the agreement will remain valid for up to 10 years. The brand requires its franchisees to pay a minimum ongoing fee. This includes:
Monthly Royalty Fee: 5.5% of your sales
Promotional/Advertising Fee: 1% of the sales for local and 1% of the sales for national ads
Gong cha’s Values
Gong cha came into existence in 2006 in Taiwan. Over the years, its unique bubble tea recipes, innovation, and successful business model have helped it grow to become a premier global bubble tea brand with a presence across over 1670 locations worldwide. The brand strives to inculcate happiness in the hearts of each customer it serves. Its values revolve around quality, integrity to the highest level of craftsmanship, dignity, innovation, and empathy.
The current bubble tea market is worth over $2 billion and is expected to grow to over $4.3 billion by 2027. If you are exploring franchise opportunities in this sector, this is the right time to tag along with one of the biggest brands in this niche – Gong cha. Fill out this Online Form to reach out to us and learn more about this opportunity.
About the Author:
Rosario Berry is a professional freelance writer, like to introduce Gong cha USA. Bubble tea or boba tea has been gaining widespread popularity in the U.S. and global markets because of its versatility and customization in terms of ingredients and flavors.
Article source: https://article-realm.com/article/Finance/Personal-Finance/24857-Bubble-Tea-Store-Franchise-in-Rhode-Island.html
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