In recent years, franchises for bubble tea have sprung up all over the world. Chachago, a brand that began in Taiwan and now has outlets worldwide, is among the most well-known. Entrepreneurs who are considering buying a Chachago franchise might be curious about the startup costs. They might also be interested in similar subjects like if Starbucks sells boba tea and who the target customers are for milk tea and bubble tea.
The price of a Chachago franchise varies according on the area and other considerations. The company’s website states that the initial investment is between $80,000 and $200,000. This covers costs including the franchise fee, building costs, equipment costs, inventory costs, and training costs. Franchisees will also be required to pay recurring royalties and advertising costs.
Starbucks does not currently sell bubble tea, despite the fact that Chachago is well recognized for it. The “Teavana Shaken Iced Tea Infusions,” which can be personalized with boba-like pearls and includes fruit or botanical mixes, is a comparable beverage that they do, however, sell. The “Bubble Iced Coffee,” another beverage from Dunkin’ Donuts, is a cold brew coffee with bubbles that have a coffee flavor.
Younger consumers looking for a distinctive and pleasant beverage are normally the bubble tea target market. In addition to the drinks, bubble tea businesses frequently have a lively and fashionable environment and serve various snacks or sweets. People of all ages make up the target market for milk tea, a sort of tea that is combined with milk or cream. Milk tea can be enjoyed as a dessert or a snack and is frequently thought of as a soothing and decadent beverage.
As a result, for businesspeople who are enthusiastic about bubble tea and want to introduce this well-liked beverage to their neighborhood, purchasing a Chachago franchise may be a rewarding prospect. While Starbucks does not currently sell boba tea, chains like Dunkin’ and others are starting to add it to their menus. Franchisees can adapt their offerings and marketing initiatives to the correct clients by being aware of the target markets for milk tea and bubble tea.
Depending on the sort of tea being supplied, the target market can change. However, in general, tea is preferred by those who value their health, want a caffeine boost without the jitters, and appreciate the flavor and aroma of tea. Tea can be appealing to people of all ages, from teenagers to retirees.