5/10

Franchimp Summary Rating

8 /10
Lower than 20% of peers

Franchise Summary

Description
We offer a franchise to own, operate and promote a distinctive retail store and cafe concept offering bubble tea, brewed tea, coffee, juices, smoothies, other hot and cold beverages, packaged snacks and related products under the “CoCo Fresh Tea & Juice” name and marks.
Company Background
CoCo Fresh Tea & Juice is a retail store and cafe concept offering bubble tea, brewed tea, coffee, juices, smoothies, other hot and cold beverages. The Company offers franchises to own and operate their own 3 unit stores under the "CoCo Fresh Tea & Juice" name.
Franchise Opportunity
Owning and operating a business can be difficult, especially if you don't have the proper training or experience. The CoCo Fresh Tea & Juice franchise offers an opportunity to own and operate your own tea store with the help of our experienced team. With over 20 years of experience in the food and beverage industry, we can help you every step of the way. Our unique concept has been featured in major publications such as USA Today, Wall Street Journal, and Entrepreneur Magazine. With our proven track record, you can trust that CoCo Fresh Tea & Juice is a wise investment for your future.
Corporate Structure
We were organized in Samoa on October 31, 2014 as a Samoan private limited company. Our registered business address is 2nd Floor, Building B, SNPF Plaza, Savalalo, Apia, Samoa. We operate from our offices located at Office 1230, Unit 1201 05, 12/F, China Resources Building, No.26 Harbour Road, Wanchai, Hong Kong. We do business under our corporate name and under the “CoCo Fresh Tea and Juice” name. We do not currently own any Stores (defined below), though we may do so in the future. We began offering franchises for Stores in the United States as of December 2016 but have offered franchises for Stores outside the United States since our inception. We have never offered franchises for any other concepts, but we may do so in the future. We disclose our agents for service of process in Exhibit A.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

CoCo Fresh Tea & Juice Franchise System Development in 2022

FAQ

How much investment do I need to start my own CoCo Fresh Tea & Juice business?
Franchisees typically require at least $221 to $454 investment to get their CoCo Fresh Tea & Juice business started
What are the initial franchise fees for CoCo Fresh Tea & Juice?
Franchisees typically need to pay at least $49 in fees directly to CoCo Fresh Tea & Juice in order to earn the right to launch their business
How much money can I make with a CoCo Fresh Tea & Juice franchise? What are the average revenues for a typical CoCo Fresh Tea & Juice business?
We haven’t done the math on how much revenue a typical CoCo Fresh Tea & Juice brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect CoCo Fresh Tea & Juice to generate a similar amount
How long do I need to commit to running a CoCo Fresh Tea & Juice unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $221,300 to $454,000 which is Much Lower than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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