Is Chatime franchise profitable? The business model generates sales, not profit. Head office takes a 6% royalty from every sale as Australians enjoy bubble tea. An investigation reveals Chatime was caught up in underpayment issues, not just among franchisees, but in corporate stores. The founders battled in court.
To open a location, have $50,000 liquid capital. Franchisees should have a $98,000 net worth. Despite competition, it’s an interesting concept with white-space in the US.
Franchise Overview
Chatime offers a refreshing franchising opportunity! With 1300+ outlets globally, it leads with innovative boba and drinks, garnering fans worldwide. We research locations – from malls to popular streets. We offer a fun, reliable retail experience – the essence of our success.
Franchising with Chatime provides robust support infrastructure, including real estate, operations, marketing, technology, and coaching to ensure your store thrives. When you join, you access a brand that knows how to prosper in bubble tea.
The package includes a 3-year term. There’s a 15-day training program on operations, management strategy, on-site training, and assessment. But while lucrative, franchisees handle all expenses like wages, rental fees, utilities.
Chatime is the largest teahouse franchisor with hundreds of outlets across 38 countries. 45% is owned by Chatime Australia founders who started in 2009. Follow these steps to start your own bubble tea business.
Franchise Investment Details
Expect the investment range to start a Chatime franchise to be around $479,100 to $1,139,200 and the franchise fee would be around $40,000 to $78,000.
The Chatime franchise package includes a contract term of 3 years. The location of your store has a space requirement of 40 to 60 sqm, with a minimum of 4 to 8 staff members for the store’s operations. The package includes a 15-days training program, which includes operational instructions, management strategy for the franchisee or manager, on-site operational training, and assessment.
Chatime Franchise Cost $140,000 to $422,000 as an initial investment. The Franchise Fee is $78,000. The Royalty charged will be 3.5% on Sales.
Interested in a Franchise?
How To Apply For Chatime Franchise: You can apply for this franchise at their official website. There you will find a form to fill out, after which company officials will contact you.
Expect the investment range to start a Chatime franchise to be around $479,100 to $1,139,200 and the franchise fee would be around $40,000 to $78,000. The mid-range investment is $507,000 for this franchise. But before you invest in a Chatime, you need to take the time to understand the unique challenges within the United States, fees, and ongoing expenses for this chain below.