Gong Cha

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What to know about Gong Cha franchise? As a franchisee, you will operate a store offering boba (bubble) teas, tea based beverages (such as milk teas and fruity teas) and smoothies, along with related products and services under the name “Gong Cha.” Gong Cha is based in Foster City, CA. Scroll down to learn more!How much does a Gong Cha franchise cost?Are you wondering how much is a Gong Cha franchise? Before starting a Gong Cha franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Gong Cha franchise is $164,400 and can go all the way up to $496,900. Keep in mind, you should also allocate additional funds to live off of while the Gong Cha business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Gong Cha franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Gong Cha business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Gong Cha franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.