Move over coffee; bubble tea is taking center stage. In the world of Quick-Service Restaurant (QSR) beverages, especially across Asia, North America, and Europe, the undeniable rise of bubble tea is reshaping our sipping preferences. Valued at $3 billion in 2022, the projection for 2032 is an impressive $5.4 billion, with a solid Compound Annual Growth Rate (CAGR) of 6.3% from 2023 to 2032.
The bubble tea wave is undeniable. Riding this wave, Gong cha emerges as a leader, presenting a golden opportunity for new entrepreneurs seeking a flavorful venture. Here are three compelling reasons why Gong cha’s business model is tailored for those embarking on their entrepreneurial journey:
#1 Enter Small, Grow Big.
Ready to make your mark in the booming bubble tea industry? Gong Cha offers prime franchising opportunities for various ownership types that allow you to scale your empire as you go:
Direct Franchising
Tailored for New Entrepreneurs
For those taking their first steps into entrepreneurship, Gong cha’s direct franchising option is the perfect starting point. Gong cha offers an accessible franchise opportunity with low initial entry requirements. The investment, covering franchise fees and equipment costs, is modest.
It allows individuals to own and operate a single Gong cha franchise, providing a hands-on approach to business. With comprehensive training and support, new entrepreneurs can navigate the complexities of the bubble tea industry under the guidance of a proven brand.
Multi-Unit Franchising
Gradual Expansion for New Entrepreneurs
New entrepreneurs often seek gradual expansion to build their business portfolio. Gong cha’s multi-unit franchising option enables just that. It allows entrepreneurs to own and operate multiple Gong cha locations, benefiting from economies of scale and shared resources. This is designed to accommodate the growth aspirations of those venturing into Gong cha franchise entrepreneurship for the first time.
Whether you’re starting with a single or multi-unit, Gong cha is committed to supporting new entrepreneurs at every stage of their journey.
#2 Enjoy Smooth & Skilled Ownership Experience
Embarking on a franchise journey with Gong cha is not just an investment; it’s a partnership. Our support systems ensure that your ownership experience is as smooth as the tea we serve. From the initial setup to daily operations, marketing strategies, and beyond – Gong cha stands by you. We understand that your success is our success, and we leave no leaf unturned in fostering an environment where your franchise can thrive.
Efficient Operations Management: With a robust presence spanning over 2,100 locations, Gong cha has perfected the bubble tea franchise model. The boba business operates with flexibility and a streamlined approach, ensuring simplicity and ease for franchisees.
Comprehensive Training & Support: Learning the intricacies of preparing Gong cha’s distinctive bubble teas are made uncomplicated through corporate training provided to all franchisees. We offer support in training and marketing within the U.S., fostering a collaborative environment for success.
Whether you are seasoned in business or entering the entrepreneurial realm for the first time, Gong cha offers a pathway to bubble tea franchise ownership with support every step of the way.
#3 Endless Growth Potential: Ride the Wave of Boba Tea Success!
Undergoing an expansive growth initiative in the United States, Gong cha presents an enticing opportunity for entrepreneurs seeking substantial benefits. The surge in the popularity of boba tea is not just a trend; it’s a cultural phenomenon, and Gong cha is at the forefront.
Recent media coverage, including features in Entrepreneur and Franchise Times, attests to the robust growth and recognition that Gong cha has achieved. Climbing 42 spots on Franchise Times’ distinguished Top 400 List is a testament to our commitment to excellence.
Gong cha is not just a brand; it’s a business and franchise powerhouse poised for continuous success. As we dive into 2024, the year of the boba boom, we invite you to join the Gong cha family and own a franchise that’s as unique as you are.
Your Journey Starts Here: Own a Gong cha Franchise
Ready to make your mark in the booming bubble tea industry? Gong cha offers prime opportunities for franchise ownership. Whether you’re an experienced entrepreneur looking to diversify or a newcomer seeking a lucrative venture, Gong cha provides flexible models tailored to your aspirations.
Contact us now to explore ownership options and be a part of the Gong cha success story. Seize the opportunity, and let’s brew success together in 2024!
