Franchimp Summary Rating
Lower than 50% of peers
Franchise Summary
Description
A franchisee will operate a Chatime food service establishment offering gourmet coffees and teas, coffee or tea-based beverages, bubble tea, compatible food products, coffee and tea makers and related supplies, accessories and gifts.
Company Background
Chatime is a franchise that offers gourmet coffees and teas, coffee or tea-based beverages, bubble tea, compatible food products, coffee and tea makers and related supplies.
Franchise Opportunity
Do you want to start your own business, but don't know where to begin? With Chatime, you can be up and running in as little as 3 months. We have a proven system that makes it easy for anyone to become an entrepreneur. When you join the Chatime franchise family, we will give you everything needed to get started including training on how to use our proprietary POS software, equipment such as cups and spoons, marketing materials like posters and flyers plus much more. All this is included in our initial investment of $30K-50K USD depending on location size. You are also invited into our private community with access to all past franchisees so that they can help answer any questions or concerns that may arise along the way. Once open for business we take care of all marketing efforts and provide ongoing support every step of the way!
Corporate Structure
Chatime USA, LLC is a Delaware limited liability company, formed on January 02, 2014. Their principal place of business is 2F, No. 239 Ziqiang 5th Rd., Zhubei City, Hsinchu County 30264, Taiwan. They have offered Chatime franchises since February 2014.
Franchise Types Available
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Employee Contact Database
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Chatime Franchise System Development in 2024
FAQ
How much investment do I need to start my own Chatime business?
Franchisees typically require at least $293,100 to $479,900 investment to get their Chatime business started
What are the initial franchise fees for Chatime?
Franchisees typically need to pay at least $69,900 in fees directly to Chatime in order to earn the right to launch their business
How much money can I make with a Chatime franchise? What are
the average revenues for a typical Chatime business?
We haven’t done the math on how much revenue a typical
Chatime brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Chatime to generate a similar amount
How long do I need to commit to running a Chatime unit? What
is my contractual commitment?
Chatime franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$293,100 to $479,900
which is
Much Lower
than the $0 to $0 average in the Cafes & Coffee Shops 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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