How much does a Gong Cha franchise make?

How much does a Gong Cha franchise make?

Average gross revenue in 2019 for U.S. stores was $576,575; for the top quartile it was $898,370.

Is Gong Cha a corporation?

Gong Cha (Chinese: 貢茶; pinyin: Gòngchá) is a tea drink franchise originally founded in Kaohsiung, Taiwan….Gong Cha.

Industry Food and beverage
Headquarters London , United Kingdom
Key people Wu Zhenhua (吳振華) (Founder) Kim Yeo-jin (金汝貞) (ex-CEO)

How much does it cost to franchise a Boba?

between $75,000 and $500,000
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.

Is Boba Guys a franchise?

Are you open to franchising Boba Guys? Unfortunately, no. Don’t get us wrong, we are always so humbled when Boba Guys’ fans come to us wanting to help grow our brand and business, but the reason we don’t franchise is because at Boba Guys, we choose culture over fast growth and over-expansion.

Is Gong Cha Chinese or Korean?

Founded in Kaoshiung, Taiwan (China SAR) in 2006, Gong cha is the fastest growing tea brand in Asia with over 1500 stores in over 20 regions worldwide, as well as being the first tea franchise to operate on a world-class luxury cruise liner, the Majestic Princess.

What type of business is gong cha?

About. Gong Cha Group is a Food and drink company.

How many Chatimes are there in Malaysia?

CHATIME Malaysia is planning a RM35 million expansion plan, which will see the Taiwan-based bubble tea operator opening 70 outlets by the middle of next year. The company now has seven outlets in Malaysia with another 35 branches slated to be opened in the next two months.

Is Gong Cha halal?

Gongcha: Not halal-certified but all ingredients used are halal-certified.