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Chill Bubble Tea

Bubble tea, specialty beverages

Background

Founded: 2003 Franchising since: 2007
404 Stratford Sq.
Bloomingdale, Illinois 60108
Phone:
(888)345-2445


Franchisor is a privately-held company with 10 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 3 0 0 2
2007 2 0 0 2
2006 0 0 0 1
2005 0 0 0 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming
Outside the U.S.: Asia, Canada, Japan, Mexico

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $111.5K-254K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K

Operations
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 1 week

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Regional advertising

Other marketing support
  • Local media, Internet

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