Gong cha is on a remarkable journey, captivating taste buds and spreading the joy of bubble tea worldwide. Led by the visionary Global CEO, Paul Reynish, Gong cha has expanded its presence to numerous countries, becoming a global phenomenon in the bubble tea industry. With over 2,000 stores across 23 countries, including Australia, Canada, the US, South Korea, and Indonesia, Gong cha continues to make waves with its unstoppable growth. For aspiring franchisees, this presents an extraordinary opportunity for success in a thriving industry.
GONG CHA’S INCREDIBLE GLOBAL EXPANSION
Gong cha’s recent accomplishments include the opening of the 13th store in the UK. With an ambitious European expansion strategy, our goal is to have 21 Gong cha stores gracing the UK landscape by the end of 2023. We have also successfully unveiled our first store in Belgium in August 2022, followed by a triumphant entry into market in Portugal in January 2023.
But we’re not stopping there—Gong cha’s pursuit of growth continues with upcoming entries into new markets in France and the Netherlands. As we set our sights on the future, we plan to make our mark in the Middle East and Thailand by the end of the year. Our ultimate goal is to ensure that Gong cha becomes a household name, bringing the magic of bubble tea to even more communities worldwide.
FUELING SUCCESS AND PROFITABILITY
Gong cha’s success is driven by the projected growth of the global bubble tea market, which is estimated to reach a staggering $4.08 billion by 2030, with a compound annual growth rate of 7.51% from 2023.
CEO Paul Reynish recognizes the evolving culture behind Gong cha’s growth, stating, “What we’re moving towards is the daily ritual—coffee has done that, and we’re breaking through with tea.” With a remarkable revenue growth of 25% last year and the opening of 245 net new stores, Gong Cha is committed to sharing the joy of Gong cha with everyone. In fact, our aim is to open a new store worldwide on average every day in 2023, solidifying our position as a leader in the bubble tea industry.
WHERE VISION MEETS OPPORTUNITY
Under the visionary leadership of Paul Reynish, Gong cha is making bold strides into uncharted territories. To drive our expansion across the Americas, we have recently appointed franchise experts, including executives from renowned brands like Dunkin’ and Krispy Kreme. This signifies our dedication to providing exciting opportunities for franchisees.
JOIN THE LEADER IN BUBBLE TEA
Since its establishment in Taiwan in 1996, Gong cha has evolved into an international powerhouse. From Australia to Canada, the US to Cambodia, South Korea to Japan, and Indonesia to many more, Gong cha has become a symbol of excellence in the bubble tea industry. Our global presence is a testament to the love and demand for Gong cha’s exceptional beverages.
If you’re ready to join this exploding industry with the leader in bubble tea, contact us today. Together, we can spread the refreshing difference and joy of Gong cha to bubble tea enthusiasts worldwide.
