
Gong Cha
Bubble tea- 2023 Franchise 500 Rank
-
#268 Ranked #406 last year
- Initial investment
-
$162K - $314K
- Units as of 2022
-
1,755 64.0% over 3 years
Company Overview
About Gong Cha
Business Overview
- Franchising Since
- 2009 (14 years)
- # of employees at HQ
- 50
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 1,755 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Gong Cha franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $41,500
- Initial Investment
- $162,430 - $314,200
- Net Worth Requirement
- $300,000 - $4,000,000
- Cash Requirement
- $150,000 - $2,000,000
- Royalty Fee
- 5.5%
- Ad Royalty Fee
- to 2%
- Term of Agreement
- 5-10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 111 hours
- Classroom Training
- 19 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsOnline SupportField OperationsSite Selection
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial Media
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
Interested in ownership opportunities like Gong Cha? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Gong Cha landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Gong Cha ranked on other franchise lists? Find out below.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Gong Cha.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
These Are the Top 10 Recreation Franchises to Buy in 2023
From boating to painting, recreation concepts can make being a franchise owner fun.
The Anatomy Of A Franchise Disclosure Document
Here's a break down your most tedious -- and valuable -- franchise research tool so you understand the ins and outs before signing.
Panera Bread Is Testing a Sci-Fi-Esque Amazon Payment System — and Privacy Concerns Abound
The tech's already been pulled from one major Colorado venue after pushback.
6 Questions to Ask Before You Begin Your Franchise Search
When exploring franchises to buy, there are some crucial factors you should consider.
The 5 Items in Your Franchise Disclosure Document That Can Make or Break a Real Estate Deal
This document helps potential franchisees make informed decisions about investing in the franchise.
The Pros and Cons of Franchising Your Business
Before you take the leap to turn your business into a franchise, review the advantages and disadvantages of franchising.