gong cha franchise profit

“Gong Cha is a leading brand in a fast-growing category, and the unit model economics are very attractive. Gong Cha Group is a Food and drink company. Tang and his group have, all this while, been franchisees of popular eateries from overseas, some of which include Korean restaurants Nene Chicken, Bornga and Paik’s Coffee. Redeem it for free as a member when you purchase 10 drinks by 31 December, or exchange it for 450 points! Get Involved. Started at Kaohsiung, Taiwan, Gong Cha which is another word for “tribute tea for the emperor” is a reputable bubble tea franchise. Gong cha's Royalty Card NOW ON YOUR MOBILE. 1. Join. This includes the franchisee licence, rent and renovation. About Gong Cha. Unique Tea Franchises. In 2012, Gong Cha was brought to Korea. This results in a significant volume of units sold. Franchise India offers wide variety of Tea And Coffee Chain franchise opportunities to run a successful Tea And Coffee Chain franchise business. Related documents. Gong Cha today is one of the most recognized bubble tea brands around the world. Every day, thousands of voices read, write, and share important stories on Medium about Gong Cha Franchise. Gong Cha is best known for it's pearl milk tea (commonly known as bubble tea) and milk foam. Membership. Earn the distinction of representing Australia's breakthrough brand! Or I can open my own branding and use that 300k to establish my own branding. 1. Get unique with our exclusive eight menu. With the all-new Gong cha app, you can now keep up with your royalty rewards at your finger tips. Their goal is to serve a freshly prepared and top-quality bubble tea to … Gong Cha. “However, it depends on the location. Visit our franchise section to find out the details. First established in 2006 in Taiwan, Gong Cha was brought over to Singapore as a franchise by Tang and his group in 2009. GONG CHA VIETNAM. Our house specialty is the Milk Foam Green Tea. Queen St. West (Downtown) 390 Queen Street West Monday to Thursday 11:30am – 11:00pm In 2019, TA Associates agreed to provide growth investment to Gong Cha. However, according to a report from the Financial Times in March of 2015, sales at Brown Coffee, including Gong Cha and Fox restaurant, reached approximately $500,000 a month in 2014 with a profit margin of 15 to 20 per cent. Today there are 1500+ locations worldwide with 40+ locations (and growing) in the USA! In April 2014, Gong Cha USA opened its first franchise store in Flushing, Queens (New York). Previously, co-founder of Royal Tea Taiwan, Mr Kim Soo-Min, also mentioned that they’re not bringing Gong Cha back to compete with LiHo. Gong Cha's franchise story. The pros of a franchise is marketing is already done and everything is set up. Or inspire a friend with our top favourites. Experience Gong Cha in 50+ different ways. We will try our best to get back to you within 24 hours. Gong Cha is a boba franchise that focuses on quality ingredients and creative mixes. Cool down with our refreshing summer smoothies. You can explore some of the established and well known Tea And Coffee Chain franchises here. Gong Cha franchise also has fast transactions and turnaround times for its drink products. 2018/2019. Explore our largest range, Gong cha’s milk teas! Introducing to you Gong Cha bubble tea from Taiwan to the world. Marketing Essential (ME) Academic year. The chain offers special features like online ordering to make it easy for customers to keep returning for more bubble tea. Course. Contact Us/Franchises; Contact us with any questions, comments, or inquiries. Franchising Gong Cha in Singapore can cost you S$244,347 to S$461,896 per Gong Cha outlet. Here are 18 tea franchise concepts to consider for aspiring entrepreneurs. At this stage, you’ll receive draft franchise documents to review with your legal and financial advisors, plus you’ll meet our Senior Management Team for a final approval interview. 03 Brewed Teas Welcome aboard, partner! Gong Cha is back in Singapore! Franchise opportunity in NY, NJ, MA and TX is now available. Con would be the start up cost and the profit margin they get for each cup. Gong Cha was officially put into operation in Vietnam market by Golden Trust Co., Ltd., in October 11st, 2014. From protecting the franchise model to ensuring your voice is heard, IFA is committed to protecting the franchise community. What do you guys think? Bubble tea fit for royalty. Gong Cha USA is a successful bubble tea brand. Become a member, unleash your potential, and explore the variety of franchising opportunities around the globe. Power of Brands. 0 0. Comments. News. National Economics University. Here you will find many of our top sellers including the famous Royal Pearl Milk Tea. Our teas can be blended with a variety of fruits, toppings and creative mixes. Gong Cha. Once you’re officially approved you’ll be issued with franchise legal documents. At Gong Cha USA, we believe in serving quality bubble tea and boba tea. Inspired by the milk foam on coffee latte, the signature drink of Gong cha, the Milk Foam Series, was invented after a-year-long development, to ensure the mouth-watering, sweet and savory taste goes well with freshly brewed tea. 8. If you’re looking to find the best franchise business in the Philippines that could potentially make you rich, look no further. Nowadays, Gong cha has blossomed in nearly 20 countries, towards 1500 outlets around the world. Known for quality tea and service, Gong Cha has withheld its reputation against many existing competitors. Gong Cha (Chinese: 貢茶) is a tea drink franchisee headquartered in Kaohsiung, Taiwan.In 2017, 70% of ownership was sold to Euiyeol Kim, owner of Gong Cha Korea, Gong Cha's Korea franchisee, with private backings. Enjoy great bubble tea in Singapore, freshly presented, with the highest quality and expectations of beverages from Gong Cha. For more information about Gong Cha franchising in New Zealand please send us an enquiry through our Franchise page. Quick Franchise Summary. At Gong cha we are more than just a café serving your favorite drink, just the way you like it. Share. The company sells a variety of specialty teas along with related products and gifts. Fava Tea. Please also use this form for any franchise requests. Gong Cha USA - Bubble Tea - Franchise. They have several locations from all over the world including the USA, U.K, and Canada. So, as its franchisee, you get … The success of bringing Taiwanese bubble tea culture to Korea was only more telling of Gong Cha’s brand reputation. Join and be part of a bubble tea franchise in Melbourne. He said that the cost to open a Gong Cha franchise was estimated at RM500,000. We will contact you as soon as we can to further discuss franchising opportunities. Gong Cha Franchise I enquired was about $300k to start a franchise. Gong Cha BC is a popular Taiwan bubble tea brand with over 1200 franchise worldwide. With more than 1,500 stores worldwide and growing, Gong Cha is arguably one of … Gong Cha, a Taiwanese bubble tea brand with 1,300 locations situated across 19 countries, has announced plans to double-down on European franchise growth; a market that, according to Allied Market Research, has a bubble tea industry worth over $300m, growing at nine per cent every year.

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