Entrepreneurship & Small Business

would like to open a real fruit bubble tea store

  • Last Updated:
  • Jan 23rd, 2017 4:51 pm
[OP]
Deal Addict
Nov 2, 2003
1262 posts
88 upvotes
oshawa

would like to open a real fruit bubble tea store

do you know what would be cost to open a franchaise for a real fruit kind of store and the returns that i can expect?
if you dont have an answer, dont repond to my thread.
I need answers, and thats why i use redflagdeals forums.
5 replies
Jr. Member
May 21, 2015
125 posts
23 upvotes
Vancouver
depends on location, if you're hiring it out or doing it yourself. what you're charging. how long you're going to be open, etc.
[OP]
Deal Addict
Nov 2, 2003
1262 posts
88 upvotes
oshawa
ok, lets start with basic assumptions. i want to start near a grocery store like food basics or no frills shopping mall so there is foot traffic and hire 1 person to work with me. what would be approx costs to get a franchaise and run it.
if you dont have an answer, dont repond to my thread.
I need answers, and thats why i use redflagdeals forums.
[OP]
Deal Addict
Nov 2, 2003
1262 posts
88 upvotes
oshawa
i did and will also call them tomorrow. i was hoping that somebody who has some experience in this line might share additional info. maybe there is a franchisee who is also using RFD and can answer some questions.
if you dont have an answer, dont repond to my thread.
I need answers, and thats why i use redflagdeals forums.
Deal Addict
User avatar
Apr 7, 2012
2541 posts
643 upvotes
Toronto
Without knowing the answers to your specific questions, there's a reason bubble tea stores are always closing down ..

How much does a bubble tea cost?
Let's say $5 (on the high end, hypothetically speaking)
How many bubble teas would you have to sell just pay rent at a mall location? Average your rent would be around 7,800/mthly, not including any other operating costs ... how many teas would you have to sell?
More than 1700 UNIT OF BUBBLE TEA.

That should be enough info to know It's one of those lost leaders ... they're not making money. They're cutting even, if even.

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