Gong Cha

Gong Cha

Bubble tea
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2022 Franchise 500 Rank
#406 Not ranked last year
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Initial investment
$171K - $330K
Units as of 2022
1,661 55.2% over 3 years

Company Overview

About Gong Cha

Industry
Food
Founded
2006
Parent Company
Gong cha Global Ltd.
Leadership
Martin Berry, Global CEO

Franchising Overview

Franchising Since
2009 (13 years)
# of employees at HQ
50
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
1,661 (as of 2022)

Franchisor Information

Corporate Address
c/o TA Associates, 200 Clarendon St., #5600
Boston, MA 02116

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
$170,551 - $329,910
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
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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
Newsletter
Meetings & Conventions
Online Support
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social 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
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Franchise 500 Ranking History

Compare where Gong Cha landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021