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How much is the franchise of milk tea?

How much is the franchise of milk tea?

With a franchise fee worth P56,000 and a total investment worth only P299,000, you can have a milk tea brand that has a great social media following, tried-and-tested operations, and inclusive management.

Is milk tea a good business?

Starting a milk tea business could be a great investment and can lead you to success if you know the strategies. Especially if you join a franchise business, where there is a proven and tested system that will be given to you.

What is the number 1 milk tea in the Philippines?

#1 Macao Imperial Tea With over 200 branches located in Macau, Vietnam, China, and United States, Macao Imperial Tea opened its first branch in the Philippines along Banawe Quezon City in 2017.

Is there a milk tea franchise in the Philippines?

Milk Tea is making waves in the Philippines and does not show any signs of stopping. Why not open up a milk tea franchise and start raking up the profits? FaB Suffrage Inc. was established to help everyone to build their own business with quality and good services.

Is there milk tea powder in the Philippines?

It has been so popular that multi-national companies have responded to the market by creating their own version in the form of a instant milk tea powder. Milk Tea is making waves in the Philippines and does not show any signs of stopping. Why not open up a milk tea franchise and start raking up the profits?

When did COCO Fresh Tea come to the Philippines?

CoCo Fresh Tea & Juice was brought to the Philippines in 2013 by a local company called Tobistro Foods Inc. The company’s owner, Larry Evans Tan, knew that the milk tea industry in the Philippines then was already competitive, but he still decided to franchise it as he saw an opportunity to offer fresh tea and juices alongside milk teas.

How much does it cost to open a ShareTea franchise?

The franchise fee for a traditional store is $37,000. They also offer nontraditional options, like those in shopping centers. But those fees vary on a case-by-case basis. Total upfront costs fall between $124,050 and $428,050. 3. Sharetea Sharetea franchise locations are all about bringing fun to the milk tea beverage experience.