Gong Cha
Food & Beverage Cafes & Coffee ShopsCompany Information
Address
200 Clarendon St., Suite #5600
Website
Tel
Email
Franchise Summary
Description
The franchised business being offered is Gong cha®, which primarily offers and sells a variety of bubble tea blends, coffees and teas, smoothies, juices, and other related products using proprietary methods of operation. (Cover page cite: "primarily offers and sells a variety of bubble tea blends, coffees and teas, smoothies, juices, and other related products using proprietary methods of operation.")
Corporate Structure
The franchisor is Gong Cha USA Franchising, LLC, a Delaware limited liability company, incorporated on January 10, 2023. The Gong cha® brand was founded in 2006 in Taiwan. Its principal business address is 200 Clarendon St., Suite #5600, Boston, Massachusetts 02116. The direct parent is Gong cha Americas, Inc.
Royalties and Marketing Fees
Royalties : 6.0% of revenue
Earnings Transparency
This Franchise discloses slightly more 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
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Cafes & Coffee Shops Industry$345,217 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
| # | Type | Investment | Fees |
|---|
Distribution of Gong Cha Franchisees
Gong Cha Franchise System Development in 2024
FAQ
How much investment do I need to start my own Gong Cha business?
Franchisees typically require at least $184,750 to $627,060 investment to get their Gong Cha business started
What are the initial franchise fees for Gong Cha?
Franchisees typically need to pay at least $64,250 in fees directly to Gong Cha in order to earn the right to launch their business
How much money can I make with a Gong Cha franchise? What are
the average revenues for a typical Gong Cha business?
We estimate that the average revenue of an individual
Gong Cha unit is approximately
$345,217. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Gong Cha unit? What
is my contractual commitment?
Gong Cha 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
$184,750 to $627,060
which is
Much Higher
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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