GLOBAL NEWS

Unlocking the Potential of a Bubble Milk Tea Franchise with CoCo

COCO FRANCHISE NEWS

2023-09-13

3 cups of CoCo bublle tea drinks.

Boba tea, methodically called "pearl milk tea," has perceived a Compound Annual Growth Rate of around 9% from 2023 to 2033. This indicates its escalating worldwide traction, markedly in regions outside its Asian origin, including North America and Europe.

Let's now move towards its profitability. Franchise milk tea shops can leverage economies of scale, with a deep-rooted one potentially acquiring a gross margin of 20%~30%. However, it considerably hinges on factors like location, brand equity, and your drinks' quality.

Prospect of a Bubble Milk Tea Franchise with CoCo Fresh Tea & Juice

In this article, we're underscoring the prospect of a bubble milk tea franchise with CoCo Fresh Tea & Juice, a forerunner in the boba tea industry with more than 5,000 boba tea shops worldwide, for ambitious boba tea entrepreneurs.

The Authenticity and History of CoCo

CoCo Fresh Tea & Juice, a leading name in the bubble milk tea franchise world, embarked on its journey in 1997 under the visionary leadership of Chairman Tommy Hung. Born in a world where various cultures amalgamated with tea traditions, CoCo swiftly found its grounding while emphasizing 'Consistency and Continuity.' This philosophy led them to offer the highest caliber of tea complemented with unique service. Along similar lines, it paved the way for CoCo to become a luminary in the boba tea industry.

As the bubble milk tea phenomenon swept the globe, CoCo remained at the forefront, continually innovating. They not only preserved the sanctity of traditional craftsmanship but also dared to experiment. This approach helped them culminate in their franchise milk tea stores offering unique drinks, fresh fruits, and trendy designs. Their bold vision translated into international success, with the first overseas store debuting in New York in 2011. Today, CoCo stands as a symbol of what it means to "Embrace Tradition, Unleash Innovation, and Seize the World."

Moreover, CoCo now boasts over 5,000 franchise stores worldwide, underscoring its profitable business model and its ability to adapt and thrive in different markets across the globe. This impressive global footprint highlights the brand's success and its continued commitment to delivering high-quality, innovative beverages to its customers worldwide.

Highlighting the Core Values

  • DEDICATION: CoCo pours its soul into everything, from sourcing high-quality ingredients to delivering passion-filled drinks. Their dedication is mirrored in the heartfelt service they promise, which ensures customers get only the best.
  • FUN: At CoCo, fun is a guarantee. Be it through interactions or their products; CoCo ensures that cheerful vibes resonate to pledge creativity in their drinks and ambiance.
  • CARE: Putting care at the core of operations, CoCo cherishes every customer, product, and staff member. Their bond with their patrons mirrors that of best friends, and their commitment extends to the larger community for profound societal promise.

Delivering a Superior Boba Milk Tea Experience

A superior boba milk tea experience is key in the saturated market of the bubble milk tea franchise world. At CoCo, offering high-quality, customizable drinks is central to its ethos.

Recognizing that 63% of consumers value customization in their beverages, CoCo's obligation to use tea brewed for no more than three hours and freshly in-store cooked tapioca pearls, pudding, sago, and honey jelly sets it apart from other franchise milk tea competitors.

Undoubtedly, this dedication not only ensures optimal flavor but also reiterates CoCo's promise of a premium product that resonates with discerning customers.

The Advantages of Franchise Milk Tea with CoCo

A bright CoCo bubble tea franchise shop.

Embarking on a journey with a bubble milk tea franchise with CoCo offers numerous benefits that position entrepreneurs for success in the fast-growing boba tea market. Meanwhile, here's a deep dive into the advantages of partnering with this global leader.

Maximizing Your Potential

By aligning with CoCo, you're not just joining a brand; you're embracing a legacy of success. CoCo's time-tested system is the result of years of industry dominance, offering franchisees unparalleled access to the finest ingredients, the most efficient operational blueprints, and unwavering, hands-on support. Their unmatched dedication to excellence is a clear indicator of their commitment to ensuring every franchisee doesn't just survive but thrives spectacularly in the market.

Tapping into a Fast-Growing Market

The boba tea market's explosive growth is a goldmine, and with CoCo, you're partnering with the undisputed leader poised to make the most of this trend. Their vast and ever-growing global presence, combined with an unmatched understanding of market intricacies, means that CoCo franchisees aren't just participating in the boba tea revolution—they're leading it.

Becoming Part of a Time Tested Brand

When you join CoCo, you're not just opening a store; you're becoming a chapter in a global success story. Their reputation as the gold standard in bubble tea is a testament to their relentless pursuit of perfection. With a staggering 5,000 stores and counting, CoCo's consistent trajectory of growth and fierce customer loyalty is time-tested, more than 25 years.

Securing Quality & Material Provision

CoCo sets the bar high, and then they surpass it. Their obsession with sourcing the finest tea from the world is not just a commitment—it's a promise. Boasting over 5000+ shops globally, CoCo has the reach and resources to procure the most suitable, quality ingredients for their beverages. With CoCo, every beverage is a masterclass in quality, ensuring customers keep coming back for more.

Premium R&D Center

CoCo's R&D Centre is more than just a facility—it represents the future of boba tea. Their unwavering dedication to innovation ensures that franchisees are always at the forefront with groundbreaking offerings. Furthermore, our robust supply chain plays a pivotal role in this innovation, enabling us to source unique ingredients from around the world and introduce popular beverage flavors from diverse corners of the globe. With CoCo, you're not merely adapting to trends; you're pioneering them.

Acquiring Comprehensive Training

With a 25-year rich legacy in the industry, CoCo has intensified its focus on accelerating its training center to offer an unparalleled comprehensive teaching program. This program encompasses E-learning courses, multi-store management, QSC guidelines (Quality-Service-Cleanliness), and people management. But CoCo's support doesn't stop at just teaching; they empower. Every franchisee is molded into a boba tea maestro, proficient in every facet of the business, from understanding equipment intricacies to mastering daily operations.

Getting Professional Assistance and Ongoing Support

With CoCo, you're never in business alone; you're part of a family. Their unwavering support, both from HQ and on the ground, ensures that every challenge is met with a solution. CoCo's tailored local marketing strategies and distinctive store designs mean franchisees aren't just operating; they're dominating their markets. Furthermore, CoCo provides consultants who offer both in-person and online support, ensuring that franchisees run their businesses seamlessly.

Leveraging the Strength of a Global Supply Chain

CoCo, with its expansive network of over 5,000 global locations, represents more than just impressive numbers; it stands as a testament to its strategic prowess in the industry. As one of the biggest franchising bubble tea brands, CoCo's ability to maneuver nimbly, navigate challenges with agility, and integrate global demands sets them apart. They actively seek suppliers worldwide, ensuring strong purchasing power at competitive prices. This approach, combined with their synergy of cost control, superior sourcing ability, and logistics optimization, not only gives franchisees an unmatched competitive edge but also drives unparalleled success in the market.

Benefiting from Industry-Leading Technology

In the digital age, CoCo isn't just on the front lines; they're pioneering the future. Their dedication to integrating the latest tech goes beyond just comprehensive apps and cutting-edge POS systems. CoCo's introduction of smart kitchen technology revolutionizes the way beverages are prepared, ensuring consistency, efficiency, and precision in every cup. This technological prowess ensures that franchisees aren't merely participants in the digital revolution but are at its forefront, setting new standards. With CoCo, you're not just one step ahead; you're redefining the very essence of success in the digital era.

CoCo – Your Boba Tea House Franchise Option

CoCo is immensely proud to have received the World Branding Awards for three consecutive years, a recognition that underscores our outstanding achievement in the bubble tea industry on a global scale. This accolade is not just a testimony to our relentless pursuit of excellence. Yet, it also affirms our brand's influential impact in the bubble milk tea franchise world.

At CoCo, a dedicated franchise partner is a pivotal ingredient for success in the franchise milk tea business. A quintessential partner for us resides locally and possesses strong leadership qualities with a sound financial background and adept market development skills, exudes integrity, resilience, and optimism, and shows a firm dedication to the franchise business.

Explore the world of operating a leading franchise boba tea business with CoCo.

GLOBAL NEWS

This website uses cookies to ensure that you have the best experience on our website. CoCo Fresh Tea & Juice and our partners utilise cookies on this site for various purposes. By using this site, you consent to the use of cookies. For more information, please refer to our Privacy Policy.