Boba Nation franchise opportunities
Brew Your Future: Join the Boba Revolution! Embrace the transformation of the Boba tea industry with our unique Americanized twist. Be part of the fastest-growing industry in the US, where tradition meets innovation. Taste the Revolution: Own Your Boba Nation!
Not Just Another Boba Business
We truly shine among the boba businesses crowd. While most focus primarily on milk tea beverages and target a limited audience, at Boba Nation we proudly extend a warm invitation to all. Our menu is a testament to diversity, offering a multicultural experience where everyone is welcome!
The Business Opportunity
(The global market for Milk Tea and Smoothie combined is valued at $30 billion in 2023)
Now is the time to join Boba Nation, a thriving enterprise offering a diverse selection of over 250 delicious and nutritious food and beverage options. Boba Nation is currently experiencing an exhilarating phase with record-breaking sales and robust growth. The thriving multibillion-dollar beverage industry is on the rise, and so is our business.
In 2022, our leading stores achieved an impressive Average Unit Volume (AUV) of 750K. This is the perfect moment to become a part of Boba Nation as we are currently extending franchise opportunities to enthusiastic entrepreneurs. Take advantage of this incredible offer and enjoy sweet success.
Unmatched Franchise Support
We are committed to providing our franchisees with unparalleled assistance and resources to ensure their success. From the moment you join our franchise family, you'll have access to a dedicated support team ready to guide you through every aspect of your business journey. Whether it's Real estate and construction assistance, comprehensive training programs, ongoing marketing support, or operational guidance, we are here to empower you. Our goal is not just to help you start a franchise but to help you thrive and achieve your business goals.
Cutting Edge Technology
We have fully harnessed the power of technology to enhance our customer experience. Our commitment to modernization is evident through various initiatives:
- Interactive Website: Customers can easily browse our offerings and even place orders in advance, making their visit to Boba Nation seamless and convenient.
- Mobile App with Loyalty: Our dedicated mobile app allows customers to place orders for pickup and delivery right from their smartphones and earn loyalty points.
- Third-Party Partnerships: We have partnered with third-party delivery services which not only increase our reach but also make it convenient for customers to place orders.
- Dynamic Digital Menu: Our digital menu is animated and is managed centrally to ensure that our customers always have access to the latest updates and promotions.
Continuous Development
At Boba Nation, we firmly believe that settling for "good enough" falls short of our standards. Our unwavering commitment is to be the best. This entails an ongoing dedication to enhancing every aspect of our service to ensure our customers' complete satisfaction. Continuous research and development of our beverages are integral components of our strategy.
SIZE OF area
Boba Nation's store sizes range between 800 to 1,500 square feet, with the average and ideal size being in the mid-range. This flexibility allows Boba Nation locations to fit almost anywhere, from malls and shopping strips to downtown hotspots. Preferred locations are typically near high-traffic or high-pedestrian areas, often next to other fast-casual brands that focus on common interests such as fitness, sports, and home decor. This strategic positioning ensures maximum visibility and customer footfall.
FRANCHISE OFFER
We are offering Single-Owned or a Multi-Unit Franchise.
How much does the Boba Nation franchise cost?
Boba Nation has a franchise fee of $30,000, with a total initial investment of $350,000.
Initial Investment: $350,000
Payback period: 6 months
Average turnover per month: $62,000
Royalties: 5%
Franchise fees: $30,000
Other current payments: none
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BUSINESS MODEL
The Boba Nation franchise business model requires an initial investment ranging from $350,000 to $495,500. This covers costs for leasehold improvements, furniture, fixtures, equipment, initial inventory, and other startup expenses. Franchisees must pay an initial franchise fee of $30,000, with ongoing fees including a 5% royalty on net sales and a 1% contribution to the brand fund for marketing and promotional activities. On average, top-performing Boba Nation stores achieve an annual unit volume of approximately $750,000. The business aims to optimize labor costs at around 25% and product costs at approximately 30%, balancing workforce efficiency and cost management while maintaining high-quality service and products.
REQUIREMENTS TO BUY FRANCHISE
To qualify for a Boba Nation franchise, prospective franchisees must meet several key requirements. The initial franchise fee is $30,000, and franchisees must have a minimum net worth of $300,000 with at least $100,000 in liquid assets. The estimated initial investment and startup costs range from $350,000 to $495,500, which can vary depending on the market and specific location-related expenses. Franchisees contribute a 5% royalty on net sales and a 1% contribution to the brand fund. While prior food service or restaurant management experience is advantageous, it is not an absolute requirement. Prospective franchisees should be prepared to put in dedicated effort, possess strong business management capabilities, maintain a positive and enthusiastic demeanor, prioritize exceptional customer service, collaborate effectively within a team, and exhibit determination to achieve success and manage their financial future.
Boba Nation FRANCHISE ADVANTAGES
At Boba Nation, we're your one-stop shop for all your drink cravings. We've combined multiple unique beverages and treat concepts under one roof to offer a wide variety of delicious options. Our menu includes Fresh Juice, Acai Bowls, Milk Teas, Shakes, Smoothies, Ice Cream Floats, Ice Cream Sundaes, and much more. This diverse selection ensures that we can maximize sales with every visit, catering to a wide range of tastes and preferences.
SUCCESS STORY
Boba Nation has a compelling success story that showcases its dynamic growth and appeals to potential franchisees. Founded in April 2022, Boba Nation quickly made a splash in the bubble tea market. Within just two years, the company successfully launched four locations. The first establishment opened in Newark, California, followed by a second franchise store in Hayward in the same year. A third store debuted in Pleasanton in April 2023, and a fourth location is set to open in San Jose in mid-2024. This rapid expansion demonstrates the strong demand for Boba Nation's unique offerings and the effective support system provided to franchisees. One of these locations even transitioned into a franchise, highlighting the scalability and potential for success within the Boba Nation family.