Established
2021
Franchise Units
1
Minimum Investment
$113,200
Franchise Fee
$20,000
Total Investment Range
$262,600
Home Based
No
Description
Boba & More is a dynamic and rapidly expanding bubble tea franchise that offers a unique blend of island-inspired beverages, delectable eats, and interactive entertainment. Founded in 2021 by Farid Turangan and Dalia Viray, the brand was established with the vision of creating a community-centric space where customers could enjoy high-quality drinks, delicious food, and engaging activities. With its vibrant atmosphere and diverse offerings, Boba & More has quickly gained popularity and is now seeking passionate entrepreneurs to join its franchise network across the United States.
Why Invest in this Franchise?
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Proven Business Model: Boba & More has developed a successful franchise model that combines a unique product offering with a strong brand identity, ensuring a compelling value proposition for both franchisees and customers.
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Diverse Revenue Streams: The franchise offers multiple revenue streams, including beverage sales, food items, merchandise, and event hosting, providing franchisees with various avenues to generate income.
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Growing Market Demand: The bubble tea industry has experienced significant growth in recent years, with increasing consumer demand for unique and high-quality beverages. Investing in Boba & More allows franchisees to capitalize on this expanding market.
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Comprehensive Support: Boba & More provides extensive support to its franchisees, including training, marketing, and operational assistance, ensuring that franchisees are well-equipped to succeed.
Background
Boba & More is tapping into the booming global boba tea industry, which is projected to reach $4.3 billion by 2027. Founded by Farid Turangan, the brand stands out with a family-friendly, island-themed atmosphere that combines flavorful drinks with fun indoor games.
Customers enjoy a wide variety of sweet and savory menu items, including milk teas, slushees, boba teas, Hawaiian rolls, and more — offering choices for all taste preferences.
The concept is designed for families and groups. With activities like ping pong, foosball, and arcade games, guests of all ages can have fun while enjoying their drinks. Franchisees can also benefit from an additional attraction: a K-Pop-inspired retail section, which leverages current pop-culture trends to attract young customers.
Brand Philosophy
Boba & More focuses heavily on attention to detail, quality service, and long-lasting customer relationships. The ideal franchisee is business-savvy, customer-focused, and excited to grow the brand in a community setting.
Company Information
- Headquarters: Livermore, CA 94550
- Founded: 2021
- First Franchise: 2022
- Franchise Units: 1
Operational Details
Absentee Ownership Allowed: No
- Exclusive Territory: Yes
- Mobile Model: No
- B2B: No
International Expansion
- Canada: No
- International: No
Support Training
Boba & More offers a comprehensive support and training program to ensure the success of its franchisees:
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Pre-Launch Support: Assistance with site selection, lease negotiation, and store design to ensure optimal location and layout.
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Initial Training: A structured training program covering all aspects of operations, including beverage preparation, customer service, inventory management, and point-of-sale systems.
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Ongoing Support: Continuous support through regular communication, operational updates, and access to a dedicated franchise support team.
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Marketing Assistance: Guidance on local marketing strategies, social media promotion, and participation in national marketing campaigns to drive brand awareness and customer engagement.
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Operational Resources: Provision of operational manuals, training materials, and best practice guidelines to ensure consistency and quality across all franchise locations.
Ideal Candidate
Boba & More seeks franchisees who are:
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Passionate About Customer Service: Individuals who prioritize customer satisfaction and are committed to creating a welcoming and enjoyable experience for guests.
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Business Savvy: Entrepreneurs with a strong understanding of business operations, financial management, and marketing strategies.
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Community-Oriented: Franchisees who are eager to engage with and contribute to their local communities through events, promotions, and partnerships.
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Invested in Brand Success: Individuals who are dedicated to upholding the brand's values and maintaining the high standards set by Boba & More.
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Location Preferences: While Boba & More is expanding nationally, franchisees are encouraged to consider locations in high-traffic areas with a strong demographic fit for the brand.
Financial Detail
Franchise Financials
- Initial Franchise Fee: $20,000
- Initial Investment: $113,200 – $262,600
- Net Worth Requirement: $20,000
- Cash Requirement: $20,000
Royalties & Advertising
- Royalty Fee: 5–6%
- Ad Royalty Fee: up to 2%
Agreement Terms
- Term of Agreement: 10 years
- Renewable: Yes