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Bubble Tea Business Plan Template

Written by Dave Lavinsky

Bubble Tea Business Plan

You’ve come to the right place to create your Bubble Tea business plan.

We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Bubble Tea businesses.

Below is a template to help you create each section of your Bubble Tea business plan.

Executive Summary

Business overview.

Goldenberry Bubble Tea Bar is a startup bubble tea shop located in Omaha, Nebraska. The company is founded by two friends, Chu Lin and Dave Zhu. Together they have over thirty years of experience in the food and beverage industries, from creating recipes and serving customers, to importing and exporting produce and desserts. They are highly skilled in restaurant management, creation of menu items, service to customers and are known for their integrity and leadership skills. They own two restaurants together in Omaha. With their extensive network of clients and connections, Chu Lin and Dave Zhu have decided to bring the famous bubble tea of Taiwan to Omaha, Nebraska.

Product Offering

The following are the products and services that the Goldenberry Bubble Tea Bar will provide:

  • Custom bubble/boba ball tea beverages
  • Traditional and custom tea beverages
  • Blended ice cream or cream beverages
  • Frozen fruitsicles and ice pops
  • Imported desserts
  • Customer dining area

Customer Focus

The Goldenberry Bubble Tea Bar will target customers who like to try new flavors and frozen desserts within the population of Omaha. In particular, the primary target will be young adults and teens, who are known to be most open to new foods and flavors. Secondary targets will include those who enjoy ice cream or fruit-based blended beverages. In addition, imported desserts will be offered to all. The Goldenberry Bubble Tea Bar will bring the best industry practices to their target audience, while delivering premium service and garnering high-yield profitability.

Management Team

Goldenberry Bubble Tea Bar will be owned and operated by Chu Lin and Dave Zhu. Together, they have over thirty years of restaurant experience, including establishing key food distribution channels in Taiwan and the U.S. They own three restaurants in Taipei, Taiwan and two restaurants in Omaha. Chu Lin and Dave Zhu have been lifelong friends who will be responsible for different areas of management in the business.

Success Factors

Goldenberry Bubble Tea Bar will be able to achieve success by offering the following competitive advantages:

  • Friendly, knowledgeable, and highly-qualified partnership of successful restaurateurs.
  • Unique natural ingredients and exciting new flavors are introduced to the target audience.
  • Exotic menu ingredients, boba balls, bring new textures to beverages.
  • Superior customer service, with friendly and well-trained team members.
  • Maintaining the highest standards of cleanliness in all food preparation, use of equipment and the general premises of the business.

Financial Highlights

Goldenberry Bubble Tea Bar is seeking $200,000 in debt financing to launch its tea bar business. The funding will be primarily for building out the tea bar property location, purchasing blenders and food appliances, equipment for food preparation, indoor furnishing, computers and office supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, lease payments, and marketing costs for advertising and social media marketing.

The breakdown of funding is as follows:

  • Building location build-out: $20,000
  • Food equipment, appliances, computers: $10,000
  • Overhead expenses: payroll, lease, utilities (3-months): $150,000
  • Marketing costs: $10,000
  • Working capital: $10,000

The following graph below outlines the pro forma financial projections for Goldenberry Bubble Tea Bar.

Goldenberry Bubble Tea Bar Financial Projections

Company Overview

Who is goldenberry bubble tea bar.

The Goldenberry Bubble Tea Bar is a newly established bubble tea beverage business in Omaha, Nebraska that specializes in unique beverages first discovered in the night markets of Taiwan. Partners Chu Lin and Dave Zhu, own five restaurants together and bring a highly-experienced cadre of leadership skills to build relevant profitability levels for investors. The unique value propositions of Goldenberry Bubble Tea Bar are the distinctive flavor profiles and exotic presentations of teas, ice cream, fruit beverages, and imported desserts to this experience. These offerings will appeal primarily to young adults and teens, due to the unique properties of the beverages, with the secondary targets of all ages, who will be attracted to the ice cream and fresh fruit offerings. There will also be a small dining area for customers.

Goldenberry Bubble Tea Bar Management History

The Goldenberry Bubble Tea Bar business consists of two experienced restaurateurs with distinctive areas of expertise:

Chu Lin is a restaurant owner who created bubble tea recipes while living in Taipei. With his childhood friend, Dave Zhu, a highly-experienced distributor in food import/export channels, their first investor group was formed to build two additional restaurants in Taiwan. Those investors earned twenty-eight percent on their investment within a four-year plan. Chu Lin and Dave Zhu then emigrated to the U.S., became citizens in 2005, and formed a legal partnership with 51/49 percent ownership shares. They purchased two additional restaurants in Omaha with investor support. Within a six year plan, investors earned twenty-four percent on their initial investments. The partners are experienced in leadership skills, client relationships, business development and general management. With the five restaurants currently providing long-term growth and success, Chu Lin and Dave Zhu want to bring the tastes of Taiwan to Omaha.

Since incorporation, Goldenberry Bubble Tea Bar has achieved the following milestones:

  • Registered Goldenberry Bubble Tea Bar, a legal partnership, to transact business in the state of Nebraska.
  • Holds two long-term, set-pricing contracts with import firms.
  • Has hired the office manager for the business.
  • Has secured the business location and built it out within budget and on time.
  • Has hired and is training three part-time employees.

Goldenberry Bubble Tea Bar Products and Services

The following will be the products and services Goldenberry Bubble Tea Bar will provide:

Industry Analysis

  • The bubble tea beverage industry in the U.S. is expected to grow over the next five years to $3 billion in revenue.
  • Increasing numbers of coffee and tea drinkers have propelled the bubble tea business into popularity, particularly on the east and west coasts of the U.S.
  • The wide variety of bubble tea beverages has strengthened the demand, due to an increasing number of beverage combinations and availability of fresh ingredients.
  • Industry reports suggest bubble tea will continue to grow in popularity due to younger generations who prefer beverages sweetened naturally, including fresh fruit blends, and they also prefer cold beverages over dairy options, such as milk.
  • Bubble tea is quickly growing in popularity and remains a sought-after beverage, which indicates a growing interest and rising opportunity for profitability within this industry sector.

Customer Analysis

Demographic profile of target market.

Goldenberry Bubble Tea Bar will target those individuals who are seeking new flavor profiles and unique textures within the beverage sector. These individuals will be, according to industry statistics, primarily young adults and teens, who are early adopters within these sectors, followed by all ages who enjoy cold or frozen beverages and ice cream beverages. Within the Omaha region, there are few direct competitors and one indirect competitor, none of whom have the depth of varieties of bubble tea on offer, and none who have the extensive menu of ice cream and fruit beverages blends.

The precise demographics for Omaha, Nebraska are:

Customer Segmentation

Goldenberry Bubble Tea Bar will primarily target the following customer profiles:

  • Young adults and teens who want new flavor profiles and unique textures
  • All ages who want frozen, blended beverages with tea or coffee
  • All ages who want beverages with cream or milk
  • All ages who want imported dessert specialties from Taiwan

Competitive Analysis

Direct and indirect competitors.

There are currently two direct competitors and one indirect competitor for the Goldenberry Bubble Tea Bar in the city of Omaha, Nebraska. This creates a unique opportunity for this business as one of the first providers of this beverage product line.

Bergen’s Grocery & Deli Mart

This direct competitor is a mid-sized, local grocery store with an attached delicatessen and dessert shop. Situated in the city of Omaha, Nebraska, the grocery store is located ten miles from the location of the Goldenberry Bubble Tea Bar business. The grocery store sells ingredients that can be used to create bubble tea if the recipes were provided. The tapioca balls, known as bubbles or boba, are available at the dessert shop, and bubble tea is offered in three flavors. In addition, ice cream, ice pops and other items in the grocery store are alternatives to the offerings of the Goldenberry Bubble Tea Bar. The competitive advantage of the Goldenberry Bubble Tea Bar is found in the fresh ingredients of beverages, the customized recipes, and the boba balls that are offered. The dessert shop has an assortment of cookies, donuts, and cakes available; none are imported from Taiwan and none are identifiable as “specialties.” The owners of Bergen’s Grocery & Deli Mart, Dale Bergen and Marie Bergen, are the founders of the business who formed a C corporation at the time of incorporation.

The Wild Horse Coffee House

This coffee house, positioned seven miles from the location of the Goldenberry Bubble Tea Bar, is a direct competitor with a space that seats approximately twenty individuals. Bubble tea in three flavors is served, along with a variety of in-house roasted bean varieties of coffee. The wide selection of coffees lends itself to coffee beverages, however, none are cold or frozen and none include ice cream, cream, or are prepared with distinctive recipes. There are no desserts or specialties offered. Teas and tea beverages are offered at this location, along with wine and beer in a bar area. The legal entity formed for this business is a C corporation consisting of three equal shareholders; Denise Martine, Janell Martine, and Bruce Martine.

Mama Bear Coffee Shop

The Mama Bear Coffee Shop is an indirect competitor, although there is a service counter and a dining area offered, as does the Goldenberry Bubble Tea Bar. It is located seventeen miles from the location of the Goldenberry Bubble Tea Bar. Freshly-blended ingredients are not offered, although ice cream milkshakes are offered and blended on-site. No fruit juice blends or cream and tea beverages are available. No bubble teas are offered and tapioca balls are not available. Desserts include slices of pie, cake, and cookies. This business was founded by the owner, Jean Louise Tate, who formed a sole proprietorship in 1990.

Competitive Advantage

  • Goldenberry Bubble Tea Bar has very few direct competitors at this time. Two direct competitors are within the Omaha area, however neither serves more than three options for bubble tea and no other fresh fruit or frozen beverages are offered. Because of this, there is a significant competitive advantage over any competitors.
  • Exceptional bubble tea beverages in a wide variety of flavors are made with fresh ingredients and offered at reasonable prices.
  • The dessert specialties sold through the Goldenberry Bubble Tea Bar are imported and not found in most businesses within the U.S. and, as such, constitute another unique offering of this business.
  • The friendly and helpful staff members at the Goldenberry Bubble Tea Bar bring a warm environment to the business, as they help customers make informed choices of exciting and unique beverages.
  • The partners bring vast experience, individual strengths and a successful capital raising background into the business.

Marketing Plan

Brand & value proposition.

Goldenberry Bubble Tea Bar will offer the unique value proposition to its clientele:

  • As one of very few providers of bubble tea in Omaha, Nebraska, the Goldenberry Bubble Tea Bar is in the enviable position of offering a unique value proposition by introducing the tea with tapioca bubble (or boba) balls in several flavors to the geographic area.
  • The partners of this business bring vast relevant experience in capital raising, key areas of management, business development, recipe creation, restaurant experience and import/export channel contracting.
  • The business includes an area for customers to sit and relax after making a purchase at the counter, which encourages conversation and community interaction.
  • Pricing for all beverages and desserts is moderate and reasonable; there are no beverages over the five-dollar price point.

Promotions Strategy

The promotions strategy for the Goldenberry Bubble Tea Bar is as follows:

Social Media Campaign

With the primary demographic target of younger adults and teens during the first phases of the business, the promotion will focus on posts on Twitter, Facebook and Instagram. Product images, photos and graphics will announce the launch of the business. The use of engaging or humorous video reels will also be employed to bring the bubble tea to the attention of potential clientele. A social media marketing manager will provide part-time services for three months.

Website – SEO Marketing

A website developer and designer will construct the website, which will be attractive to all target audience sectors and will conform to the brand identity and messaging across all platforms. Working with the social media marketing manager, SEO marketing will be utilized to bring messages of the launch, announce the purpose of the business, and reveal plans of the Goldenberry Bubble Tea Bar. Images and graphics directed to the demographic target audiences will be included. Menu items and product descriptions will be included. Launch Day discounts will be offered.

Print Advertising

In a ten-mile radius around the business location, flyers designed to fit the same configurations and the website and social media campaign will be distributed to homes, places of business and community centers with announcements and discounts for purchases. This will position the launch as an event with a purpose to the general public and cater to the residents who will optimally become regular repeat customers.

As a new beverage product line, previously unknown to most consumers, introductory pricing will be reasonable and moderate, on par with the direct competitors within the region. Goldenberry Bubble Tea Bar has two direct competitors; to overcome their offers and entice first-time buyers, the introductory pricing for beverages will be discounted for the first month of business in operation.

Operations Plan

The following will be the operations plan for the Goldenberry Bubble Tea Bar. Operation Functions:

  • Chu Lin and Dave Zhu will share the legal partnership of the company with 51/49 percent ownership shares. They will conduct day-to-day operations, oversee all staff and manage vendors, product suppliers.
  • Chu Lin and Dave Zhu will seek investor funding to open two additional locations; offering advantageous returns for early investors.
  • Chu Lin will develop new recipes and continue expanding the product line of offerings.
  • Dave Zhu will oversee imports, product supply and will lead capital-raising efforts.
  • Kayla Blackburn, in the role of office manager, will oversee day-to-day operations.

Additional staff include:

  • Mia Lorenz – Human resources coordinator who will onboard and train employees.
  • Kevin Glick – Maintenance supervisor who will oversee cleaning and upkeep of facilities and grounds.

Milestones:

Goldenberry Bubble Tea Bar will have the following milestones complete in the next four months:

  • 4/1/XX – Finalize contract for lease and equip for business
  • 4/15/XX – Finalize personnel and staff employment contracts for the Goldenberry Bubble Tea Bar
  • 5/1/XX – Marketing campaigns on social media begin; website development begins
  • 5/10/XX – Final beverage testing and employee training
  • 5/15/XX – Launch of business; location opened

The Goldenberry Bubble Tea Bar will be owned and operated by Chu Lin and Dave Zhu, in a legal partnership.

The company is founded by two friends, Chu Lin and Dave Zhu. Together they have over thirty years of experience in the food and beverage industries, from creating recipes and serving customers, to importing and exporting produce and desserts. They are highly skilled in restaurant management, creation of menu items, service to customers and are known for their integrity and leadership skills. They own three restaurants together in Taipei and they own two restaurants together in Omaha. With their extensive network of clients and connections, Chu Lin and Dave Zhu have decided to bring the famous bubble tea of Taiwan to Omaha, Nebraska.

Additional key employees include:

  • Kayla Blackburn – in the role of office manager, who will oversee day-to-day operations.
  • Mia Lorenz – the human resources coordinator, who will onboard and train employees
  • Kevin Glick – the maintenance supervisor of cleaning and upkeep of facilities

Financial Plan

Key revenue & costs.

The revenue drivers for the Goldenberry Bubble Tea Bar are the monies that will be charged to the customers of the food offerings sold in the tea bar, including all beverages and dessert specialities. Competitors, either direct or indirect, may charge up to twenty-five percent more for offerings while the Goldenberry Bubble Tea Bar will charge a reasonable, moderate price below that of any competitor.

The cost drivers will be the overhead costs required in order to staff the tea bar and pay for inventory food items. The expenses will be the payroll cost, lease payments, utilities, office supplies, and marketing costs.

Funding Requirements and Use of Funds

The Goldenberry Bubble Tea Bar is seeking $200,000 in debt financing to launch its bubble tea bar business. The funding will be dedicated toward securing the location and purchasing the furnishings, equipment and food inventory to conduct business. Funding will also be dedicated toward three months of overhead costs to include: payroll of the staff, lease payments, food inventory, and marketing costs for the campaigns. The breakdown of funding is as follows:

Key Assumptions

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan:

  • Number of customers served per month: 1,200
  • Revenue per average sale: $14
  • Revenue per month: $16,800.
  • Lease per Year: $42,000

Financial Projections

Income statement, balance sheet, cash flow statement, bubble tea bar business plan faqs, what is a bubble tea business plan.

A bubble tea business plan is a plan to start and/or grow your bubble tea business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your Bubble Tea business plan using our Bubble Tea Business Plan Template here .

What are the Main Types of Bubble Tea Businesses?

There are a number of different kinds of bubble tea businesses , some examples include: Mobile Bubble Tea Business, Bubble TeaHouse, and Bubble Tea Bar.

How Do You Get Funding for Your Bubble Tea Business Plan?

Bubble Tea businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a Bubble Tea Business?

Starting a bubble tea business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Bubble Tea Business Plan - The first step in starting a business is to create a detailed bubble tea business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast. 

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your bubble tea business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your bubble tea business is in compliance with local laws.

3. Register Your Bubble Tea Business - Once you have chosen a legal structure, the next step is to register your bubble tea business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.

4. Identify Financing Options - It’s likely that you’ll need some capital to start your bubble tea business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.

7. Acquire Necessary Bubble Tea Equipment & Supplies - In order to start your bubble tea business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your bubble tea business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising.

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Bubble Tea Business

Back to All Business Ideas

How to Start a Bubble Tea Business

Written by: Carolyn Young

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on March 31, 2022 Updated on March 13, 2024

How to Start a Bubble Tea Business

Investment range

$21,550 - $45,100

Revenue potential

$220,000 - $1,100,000 p.a.

Time to build

1 – 3 months

Profit potential

$44,000 - $220,000 p.a.

Industry trend

Bubble tea is the latest hot trend in US soft drinks, although it’s been popular in Asia for ages. Also known as boba tea, bubble tea is a tea-based drink with milk and other flavors, and chewy tapioca pearls. Most bubble tea bases are black tea, green tea, or oolong tea. The market is booming and expected to grow nearly 80% by 2027. You could join the craze and get a share of that market by starting your own bubble tea business.

But before you jump in, you need to brew up some business knowledge. Fortunately, you’ll find all the business insights you need in this step-by-step guide, designed to put you on a path to bubble tea success.

Looking to register your business? A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple.

Form your business immediately using ZenBusiness LLC formation service or hire one of the Best LLC Services .

Step 1: Decide if the Business Is Right for You

Pros and cons.

Starting a bubble tea business has pros and cons to consider before deciding if it’s right for you. 

  • Trending Market – Demand for bubble tea is growing rapidly
  • Ingenuity – Create your own unique flavors
  • Easy Entry – You might buy a Kung Fu Tea or Gong Cha Tea franchise to get started
  • High Startup Costs – Opening a bubble tea shop costs $$$
  • Crowded Market – Bubble tea shops are popping up everywhere

Bubble tea industry trends

Industry size and growth.

  • Industry size and past growth – The global bubble tea market was worth $2.4 billion in 2019.(( Bubble Tea Market Size, Share and Trends | Research Report – 2027 (alliedmarketresearch.com) ))
  • Growth forecast – The global bubble tea market is projected to expand nearly 80% by 2027.

bubble tea industry size and growth

Trends and challenges

Trends in the bubble tea industry include:

  • Increased health consciousness is driving demand for bubble tea, as it is thought to have many health benefits.
  • Bubble tea is extremely popular with Millennials and Gen Zers. A 2021 survey showed that 94% of those aged 20-29 had purchased it in the past month.

Challenges in the bubble tea industry include:

  • The growing prevalence of bubble tea shops is making the market very competitive.
  • Rising prices for ingredients are cutting into the profit margins of bubble tea businesses.

bubble tea industry Trends and Challenges

How much does it cost to start a bubble tea business?

Startup costs for a bubble tea business range from $21,000 to $45,000. Costs include a shop space rental deposit, space preparation, equipment, and ingredients. 

You’ll need a handful of items to successfully launch your bubble tea business, including: 

  • Bubble tea machines
  • Automatic tea brewers
  • Automatic tapioca pearl makers
  • Automatic tapioca pearl cookers
  • Refrigerator
  • Sealing film

How much can you earn from a bubble tea business?

The average price for bubble tea is $6. Your profit margin after rent, overhead, labor, and ingredients will be about 20%.

In your first year or two, you could sell 100 bubble teas per day, bringing in $220,000 in annual revenue. This would mean $44,000 in profit, assuming that 20% margin. As your brand gains recognition and your shop grows in popularity, sales could climb to 500 teas per day. With annual revenue of $1,100,000, you’d make a tidy profit of $220,000.

bubble tea business earnings forecast

What barriers to entry are there?

There are a few barriers to entry for a bubble tea business. Your biggest challenges will be:

  • The startup costs of opening a shop
  • Coming up with unique flavors that draw customers

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Step 2: hone your idea.

Now that you know what’s involved in starting a bubble tea business, it’s a good idea to hone your concept in preparation to enter a competitive market. 

Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.

Why? Identify an opportunity

Research bubble tea businesses in your area to examine their products, price points, and what sells best. You’re looking for a market gap to fill. For instance, maybe the local market is missing a bubble tea shop that uses popping boba or a bubble tea shop that also offers snacks.

business plan for bubble tea shop

You might consider targeting a niche market by specializing in a certain aspect of your industry, such as green tea-based bubble tea or dessert-flavored boba tea.

This could jumpstart your word-of-mouth marketing and attract clients right away. 

What? Determine your products

You’ll need to come up with a menu of bubble tea flavors. You could also offer food items. 

How much should you charge for bubble tea?

The average price of a bubble tea is $6. Your ongoing expenses will be for rent, overhead, labor, and ingredients. You should aim for a profit margin of about 20%.

Once you know your costs, you can use our profit margin calculator to determine your mark-up and final price points. Remember, the prices you use at launch should be subject to change if warranted by the market.

Who? Identify your target market

Your target market will be broad but tend toward a younger demographic. You should market on sites like TikTok and Instagram. 

Where? Choose your bubble tea location

Selecting the right location for your bubble tea business is essential for its success. Look for a spot in a high-traffic area with a strong youth culture, such as a college campus, a trendy shopping district, or a bustling downtown area.

Consider accessibility and convenience, ensuring that the location has ample foot traffic and is easily reachable by public transportation. By strategically choosing the right location, you can establish a profitable and popular bubble tea business that caters to a wide range of customers and sets you apart from the competition.

You’ll need to rent out a shop space. You can find commercial space to rent in your area on sites such as Craigslist , Crexi , and Instant Offices .

bubble tea business idea rating

Step 3: Brainstorm a Bubble Tea Business Name

Your business name is your business identity, so choose one that encapsulates your objectives, services, and mission in just a few words. You probably want a name that’s short and easy to remember, since much of your business, and your initial business in particular, will come from word-of-mouth referrals.

Here are some ideas for brainstorming your business name:

  • Short, unique, and catchy names tend to stand out
  • Names that are easy to say and spell tend to do better 
  • Name should be relevant to your product or service offerings
  • Ask around — family, friends, colleagues, social media — for suggestions
  • Including keywords, such as “bubble tea” or “boba tea”, boosts SEO
  • Name should allow for expansion, for ex: “The Bubble Tea Company” over “Matcha Bubble Tea”
  • Avoid location-based names that might hinder future expansion

Discover over 240 unique bubble tea business name ideas here . If you want your business name to include specific keywords, you can also use our bubble tea business name generator. Just type in a few keywords and hit “generate” and you’ll have dozens of suggestions at your fingertips.

Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these. 

Find a Domain

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Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that sets your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity.

Step 4: Create a Bubble Tea Business Plan

Every business needs a plan. This will function as a guidebook to take your startup through the launch process and maintain focus on your key goals. A business plan also enables potential partners and investors to better understand your company and its vision:

  • Executive Summary: A brief summary outlining the core elements of the bubble tea business plan, including its mission, goals, and key highlights.
  • Business Overview: An overview of the bubble tea business, detailing its mission, vision, target market, and the unique value it brings to customers.
  • Product and Services: A concise description of the bubble tea products and services offered, highlighting key features and potential variations.
  • Market Analysis: An examination of the bubble tea market, including target demographics, trends, and potential growth opportunities.
  • Competitive Analysis: An evaluation of competitors in the bubble tea industry, outlining strengths, weaknesses, opportunities, and threats to the business.
  • Sales and Marketing: Strategies for promoting and selling bubble tea, encompassing marketing channels, pricing, and sales tactics.
  • Management Team: Introductions and brief bios of the key individuals responsible for managing and operating the bubble tea business.
  • Operations Plan: Detailed information on the day-to-day operations of the bubble tea business, covering suppliers, equipment, location, and logistics.
  • Financial Plan: A comprehensive financial projection for the bubble tea business, including startup costs, revenue forecasts, and profit margins.
  • Appendix: Additional supporting documents, data, or information that provides further context or details to enhance the overall business plan.

what to include in a business plan

If you’ve never created a business plan, it can be an intimidating task. You might consider hiring a business plan specialist to create a top-notch business plan for you.

Step 5: Register Your Business

Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running. 

Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business! 

Choose where to register your company

Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you’re planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to bubble tea businesses. 

If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state. 

Choose your business structure

Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your bubble tea business will shape your taxes, personal liability, and business registration requirements, so choose wisely. 

Here are the main options:

  • Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
  • General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
  • Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
  • C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
  • S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC , which just need to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.

types of business structures

We recommend that new business owners choose LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your articles of organization , and answer any questions you might have.

Form Your LLC

Choose Your State

We recommend ZenBusiness as the Best LLC Service for 2023

business plan for bubble tea shop

Step 6: Register for Taxes

The final step before you’re able to pay taxes is getting an Employer Identification Number , or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN. 

Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.

business plan for bubble tea shop

The IRS website also offers a tax-payers checklist , and taxes can be filed online.

It is important to consult an accountant or other professional to help you with your taxes to ensure you’re completing them correctly.

Step 7: Fund your Business

Securing financing is your next step and there are plenty of ways to raise capital:

  • Bank loans : This is the most common method but getting approved requires a rock-solid business plan and strong credit history.
  • SBA-guaranteed loans : The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
  • Government grants : A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
  • Friends and Family : Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
  • Crowdfunding : Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
  • Personal : Self-fund your business via your savings or the sale of property or other assets.

Bank and SBA loans are probably the best option, other than friends and family, for funding a bubble tea business. You might also try crowdfunding if you have an innovative concept. 

types of business financing

Step 8: Apply for Bubble Tea Business Licenses and Permits

Starting a bubble tea business requires obtaining a number of licenses and permits from local, state, and federal governments.

Depending on the requirements in your area, you may need:

  • Food service license
  • Food handler’s permit
  • Building health permit

Federal regulations, licenses, and permits associated with starting your business include doing business as (DBA), health licenses and permits from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits. 

You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more. 

You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.

This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.

If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.

Step 9: Open a Business Bank Account

Before you start making money, you’ll need a place to keep it, and that requires opening a bank account .

Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your bubble tea business as a sole proprietorship. Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.

Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account. 

Step 10: Get Business Insurance

Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.

Here are some types of insurance to consider:

  • General liability : The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
  • Business Property : Provides coverage for your equipment and supplies.
  • Equipment Breakdown Insurance : Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
  • Worker’s compensation : Provides compensation to employees injured on the job.
  • Property : Covers your physical space, whether it is a cart, storefront, or office.
  • Commercial auto : Protection for your company-owned vehicle.
  • Professional liability : Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
  • Business owner’s policy (BOP) : This is an insurance plan that acts as an all-in-one insurance policy, a combination of the above insurance types.

types of business insurance

Step 11: Prepare to Launch

As opening day nears, prepare for launch by reviewing and improving some key elements of your business. 

Essential software and tools

Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks. 

You may want to use industry-specific software, such as Restaurant 365 , lightspeed , and toast to manage your menu, inventory, scheduling, and payments.

  • Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero . 
  • If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial. 

Develop your website

Website development is crucial because your site is your online presence and needs to convince prospective clients of your expertise and professionalism.

You can create your own website using website builders . This route is very affordable, but figuring out how to build a website can be time-consuming. If you lack tech-savvy, you can hire a web designer or developer to create a custom website for your business.

They are unlikely to find your website, however, unless you follow Search Engine Optimization ( SEO ) practices. These are steps that help pages rank higher in the results of top search engines like Google. 

For your bubble tea business, aim to create a buzz and desire for your distinctive and delicious tea blends. The strategy should mix classic marketing methods with fresh, trendy approaches to appeal to various demographics, from younger generations to families looking for an enjoyable and cool drink option. Here are a few strategies to utilize to generate excitement and maintain customer engagement.

Digital Presence and Online Marketing

  • Vibrant Social Media Showcases: Utilize Instagram, Facebook, and TikTok to display colorful images and fun videos of your bubble tea offerings, tapping into the visual appeal of your drinks.
  • Localized SEO Strategies: Make sure to optimize your website so that your business pops up in local search results for bubble tea, tea shops, and refreshments in your area.
  • Engaging Online Menus: Have an interactive and up-to-date menu on your website, with appealing photos and descriptions of each flavor.

Kickstart Marketing

  • Eye-Catching Branding: Create a strong visual brand that can be easily recognized, from the shop design to the cup aesthetics.
  • Introductory Offers: Entice new customers with opening specials, like buy-one-get-one-free deals or discounts for first-time visits.
  • Email Campaigns: Build an email list to notify customers about new flavors, specials, and events at your bubble tea shop.

Content Marketing and Engagement

  • Flavorful Blogging: Create content about the origins of bubble tea, how-to guides for making it at home, and the latest trends in tea flavors.
  • Customer Spotlights and Reviews: Encourage customers to leave reviews and share their favorite bubble tea combinations on social media.

Experiential and In-Person Engagements

  • DIY Bubble Tea Stations: Set up a station where customers can mix their own bubble tea flavors, offering a personalized experience.
  • Local Market Stalls: Serve your bubble tea at local markets and festivals to reach a broader audience and generate buzz.

Focus on USPs

Unique selling propositions, or USPs, are the characteristics of a product or service that sets it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your bubble tea business meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire. 

Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your bubble tea business could be:

  • Healthy, organic bubble teas in a variety of delicious flavors
  • Tasty, thirst-quenching bubble tea delivered to your door
  • Healthy boba tea specialists

unique selling proposition

You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running a bubble tea business, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in bubble tea for years and can offer invaluable insight and industry connections. 

The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in bubble tea. You’ll probably generate new customers or find companies with which you could establish a partnership. 

Step 12: Build Your Team

You will likely need workers to fill various roles. Potential positions for a bubble tea business include:

  • Shop Clerks – take orders, make bubble teas
  • General Manager – scheduling, ordering, accounting
  • Marketing Lead – SEO strategies, social media

At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need. 

Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent. 

Step 13: Run a Bubble Tea Business – Start Making Money!

Ready to get in on the bubble tea craze? It’s a booming market, so now could be the perfect time to start your bubble tea business. Whether you start from scratch or purchase a bubble tea franchise, you’ll have to make an investment, but you can make good money and have fun! You could become the go-to bubble tea shop in your area. 

Now you have the business expertise, so go ahead and start brewing your way to bubble tea success!

  • Bubble Tea Business FAQs

Yes, a bubble tea business can be profitable. The key is to create interesting and unique flavors that will keep customers coming back.

Milk tea is generally the most popular. Other popular flavors include green tea and oolong tea.

Green and black teas are full of antioxidants. You have to be careful about what you put in because adding unhealthy ingredients can take away from the health benefits.

Kung Fu Tea is the largest bubble tea brand in the United States. They have more than 350 locations across the country.

A bubble tea business is really a full-time commitment. If you only have limited hours, you’re limiting your revenue. 

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  • Decide if the Business Is Right for You
  • Hone Your Idea
  • Brainstorm a Bubble Tea Business Name
  • Create a Bubble Tea Business Plan
  • Register Your Business
  • Register for Taxes
  • Fund your Business
  • Apply for Bubble Tea Business Licenses and Permits
  • Open a Business Bank Account
  • Get Business Insurance
  • Prepare to Launch
  • Build Your Team
  • Run a Bubble Tea Business - Start Making Money!

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ProfitableVenture

Bubble Tea Shop Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business ideas » Food Industry » Bubble Tea Shop

Are you about starting a bubble tea shop ? If YES, here is a complete sample bubble tea shop business plan template & feasibility report you can use for FREE . Bubble tea is a tea that is sweet and refreshing and that originated in the early 1980s in Taiwan.

There are different names by which bubble tea is known and they are pearl milk tea, boba tea, and Zhen zhu nai cha. Bubble tea is so named because of bubbles that were produced during the shaking process when the tea is being made; also, another reason is its bottom cup which is shaped like a dome.

This Asian drink usually has little balls that are squishy – tapioca pearls – in nature and goes through the drinker’s straw. Going into the bubble tea business requires the entrepreneur to be innovative and creative when mixing blends or thinking up base for the tea.

However, as this is not a popular business you will need the help of a business consultant to help you conduct a market research on the viability of this business.

It is from the findings of the consultant that will help you determine if the business is worth starting up or if it should remain just a business idea. After getting positive feedback from your business consultant, you will need to write a business plan for your bubble tea business

A Sample Bubble Tea Shop Business Plan Template

1. industry overview.

Even though Americans are regarded as a coffee society, bubble teas are fighting to ensure that they grab the attention of the American and make them switch to drinking bubble teas. The tea which originated from Taiwan in the early 1980s have seen people who are health conscious dump their other drinks for it.

According to a data report collated by Foursquare, the bubble tea business has increased in popularity as more people were visiting bubble tea stores in 2015 to get or drink bubble teas or to buy the ingredients that would enable them make their own bubble teas at home.

However, even though more people are now switching over to bubble tea, it is yet to reach the scale of some giant coffee stores in the united states of America. Coffee chain stores like Starbucks and Dunkin’ Donuts for instance have over 13,000 and 8,000 stores respectively in the United States of America.

There are also existing tea stores in the United States but they sell non-bubble tea and are yet still far behind the coffee stores, this fact makes it hard for bubble tea to grab a strong hold of the market, as the few bubble tea stores do not have a strong brand presence.

According to statistics, Americans are more of a coffee than tea people, drinking 8 fluid oz. of coffee per day, and only one-third of tea. This fact also places bubble tea on an uncertain level, as it would be hard to break the American coffee tradition.

However, this is not to say that all is doom and gloom for bubble tea, as most beverage drinkers point to the fact that bubble teas offer a refreshing variety as it can be a smoothie or a tea. Also, the fact that there is no caffeine in bubble tea makes it a favorite for those who do not want caffeine in their beverages.

In the United States of America, bubble tea stores are mainly located in the West Coast due to the large number of Asian and Asian-American communities. For instance, in most Asian restaurants in Los Angeles, bubble tea products are often on the beverage menus.

Even though, most of bubble tea’s  growth are mainly concentrated in few regions, there is still room for growth, especially as the attention of the media has been caught and as well as much is being done on social media platforms to promote bubble tea.

2. Executive Summary

Due to the fact that bubble teas have started gaining wide acceptance in the United States of America, we are establishing our bubble tea business so as to offer our various customers quality tea as well the choice of having different flavors. We have our customized truck in place to cater to all our customers in parks, and other public places.

Our bubble tea business is located in a strategic location that is not saturated thereby offering us the opportunity of attracting more customers. Also, we are located in a place that is easy for customers and employees to conveniently have access to.

We have carefully considered our competition here in Mississippi and are rest assured that we would stand out from them due to our quality products and services with affordable pricing and also due to the fact that we have laid down publicity strategies that will be effective in making us stand out once implemented.

Due to the fact that we intend to serve our bubble tea in different varieties and also that we believe in having a professional package, we are therefore investing in specialized bubble tea making equipment such as shakers, sealers, and an electric induction heater. We also have invested in quality small equipment such as stirrers, sugar dispensers, tea jugs and a Point of Sale (POS) Machine.

Even though bubble teas are a specific niche, there are still different flavors that our customers can choose from; this is why we have developed a menu that will accommodate different bubble tea flavors to accommodate any of our customers’ wish.

Because we know how important it is to use only quality equipment in making bubble tea , we intend to source for our ingredients from Taiwan. Our purchasing manager has carried out the necessary research on this and has identified quality suppliers and vendors that fit our budget.

Our employees are the face of the business and so we not will only pick competent employees to help run the business but also be able to communicate the brand effectively to our customers. Also, our employees will be trained on how to make bubble tea that are of Teelicious’ standards.

Teelicious Bubble Tea is owned and operated by two sisters Jackie and Robin Turee. Jackie owns a degree in Business Management, whilst Robin has experience in the beverage industry. Both will be bringing their experience and expertise to bear on the business.

3. Our Products and Services

Teelicious Bubble Tea is a tea establishment that deals in all flavors and types of bubble tea. We will sell our bubble tea as a bottled beverage ready-to-drink product. Our bubble tea will be an unusual substitute to traditional tea whilst still providing all the best experience to our different customers.

Teelicious Bubble Tea’s intention is not to make only revenue but also to make sure we have a healthy margin always. Also, we do not intend to sell bubble tea alone as we intend to deal in various products that are associated with bubble teas as well as offer services that are in line with bubble tea and any other bubble tea related business that is permissible under the laws of the United States of America.

Therefore some of the products and services are;

  • Different flavors (fruit tea, milk tea) and types (blended, shaken, tea based, smoothie, slush, milk tea or juiced)
  • Tapioca pearls
  • Jellies and juice balls
  • Bubble tea equipment and machinery
  • Bubble tea recipes
  • Consultancy services

4. Our Mission and Vision Statement

  • To be the preferred bubble tea store in D’Iberville – Mississippi, and in the whole United States of America; and to also ensure that we never compromise on quality in the making of our products.
  • To achieve our vision, we will make sure to always check on what ingredients are used in our bubble teas, and also deal honestly and transparently with our customers.

Our Business Structure

Teelicious Bubble Tea is a tea company that has been established to make profit as well as favorably compete with its competitors; however, for this to be achieved, we have to ensure that we get our business structure right, as this will go a long way into determining if we will achieve our goals and objectives or not.

Therefore, in getting our foundation right, we intend to get competent and experienced staff that thoroughly understand this business and also have the experience necessary to help us achieve our goals and objectives. The employees we intend to hire must also understand our core values, what we stand for and also be able to communicate this effectively to others as well as to the lower cadre staff.

Due to the fact that we intend to make, sell and serve bubble tea as well as certain ingredients that would be needed for those who intend to make this tea for themselves, we would need several employees assigned to different positions that will cover all the products and services we intend to sell here at Teelicious Bubble Tea.

Below is the business structure that we intend to build at our Teelicious Bubble Tea company;

Chief Executive Officer

Quality Assurance manager

Human Resources and Admin Manager

Purchasing Manager

Accountant/Cashier

Inventory Manager

Store Manager

Marketing and Sales Team

Customer Service Executives

Truck Drivers

5. Job Roles and Responsibilities

  • Responsible for the overall strategic direction of Teelicious Bubble Tea
  • Communicates and ensures the implementation of the vision and objectives of the organization to employees
  • Constantly evaluates the success of the organization
  • Ensures that the bubble tea prepared has passed hygienic conditions
  • Ensures that low quality ingredients are not bought and used to make bubble tea on behalf of the organization
  • Ensure that our standards are not lowered for any bubble tea produced.
  • Ensures that all the departments in the organization runs smoothly
  • Conducts recruitment and orientation for new employees
  • Responsible for carrying out performance appraisals on employees
  • Sources for reliable suppliers and vendors of bubble tea ingredients on behalf of Teelicious Bubble Tea
  • Prepares and reviews supplier contracts for any loopholes.
  • Liaises with the accountant especially during the budget preparation to ensure that accurate figures are used
  • In charge of preparing the financial reports and statements on behalf of the organization
  • Responsible for administering payrolls to employees working in Teelicious Bubble Tea
  • Prepares and submit accurate tax documents on behalf of the organization
  • In charge of back room bubble tea ingredients storage
  • Secures supplies and makes sure ingredients taken are recorded and accounted for
  • Liaises with purchasing manager as to what is needed in the store
  • Ensures that there is adequate supply of bubble tea base and other ingredients for customers
  • Ensures that the store is well ventilated and conducive enough for employees and customers
  • Ensures that the store is well secured at all times
  • In charge of conducting marketing research on how best to retain and attract customers
  • Carries out retail services on behalf of the organization
  • Places adverts on print, electronic and social media on behalf of Teelicious Bubble Tea
  • In charge of answering inquiries and also noting complaints of customers and ensuring that they are promptly dealt with
  • Keeps and update accurate customer database
  • Consistently update knowledge on new information, recipes and technology used in the company as well as the industry as a whole.
  • In charge of selling our bubble tea to customers in public places
  • Ensures that the vehicle is kept clean always
  • Carries out light maintenance on the truck and report major problems to the Admin Manager
  • Ensure that the bubble tea store are kept clean always
  • Ensures that the conveniences are kept clean for both employees and customers
  • Ensure that there are adequate cleaning supplies and replenish depleted supplies

6. SWOT Analysis

The bubble tea business is a great business concept that will see us creating a niche and become recognized in the market. However, due to the fact that we pride ourselves on professionalism, we have decided to hire a business consultant to critically look at our business concept and let us know if we have any chances of survival in this business.

The business consultant intends to use the SWOT ( Strength, Weakness, Opportunities and Threats ) analysis to determine what we were likely to go through in the course of starting and running the bubble tea business in Mississippi. Below is the result that was gotten from the analysis that was conducted on Teelicious Bubble Tea;

There are several strengths which we possess and which will be beneficial to our bubble tea business. First off, we have a strong distribution channel which will ensure that our bubble tea penetrates and is in reach of our customers who are far away.

Secondly, we have employed efficient and competent employees who understand the beverage market and know what it will take to take us to the top. Also, our owners who have the required experience needed to ensure that we become the brand we intend to be.

Our weaknesses stem from the fact that this is not a known segment and so there will be more difficulty breaking into this market and attracting the needed customers especially from the carbonated drinks share market. Also, we would be battling with other healthy drinks in the market in order to create an identity and stand out.

  • Opportunities

We have several opportunities that are available to us and they abound in the fact that we intend to continually introduce new products and innovations. Also, we are building a brand that we want to ensure is attractive to global investors and partners.

Due to the fact that every business experiences threats, we expect to experience strong competition from new competition in same location or around us. Also, we also expect issues such as people claiming to have health issues from taking our product.

Regardless of the threats we are going to face, we are optimistic that we would come out tops as we have laid down strategies to ensure we are proactive to these issues.

7. MARKET ANALYSIS

  • Market Trends

More people are now health conscious and so there are less people going for carbonated drinks and more people going for healthy alternatives such as smoothies, milk and fresh fruit juices. This has caused more already established carbonated drink companies to go into the production of these healthy alternatives so as to maintain a share of the target market.

Even though this trend barely touches the bubble tea market but anyone in this business will need to be proactive as regards researching new flavors and types that will excite the existing customers while attracting new customers to patronize the business.

Another trend in the bubble tea business is the fact that most bubble tea businesses have gone beyond just making and selling bubble teas to customers , but they have also come up with recipes and DIYs for customers who would want to make these bubble teas for themselves at home.

Also, to garner more publicity for bubble tea, most bubble tea stores have gone beyond selling these tea in basic stores but have ensured that the tea is now sold via van to people in the parks and in other public places, this has raised awareness for bubble tea.

The fact that we are living in an internet age has a great impact on any business particularly the bubble tea business. The website is a good place to advertise and promote bubble tea, as well as social media platforms such as Instagram, Facebook, and Twitter.

Also, there are now mobile apps that will allow customers know when there is a new recipe, and also provide tips and advice and even information regarding bubble tea.

8. Our Target Market

As more people are getting increasingly aware of what they take in and are conscious about their health, more people are shifting towards healthy drinks and bubble tea is one of them. This means that there is a huge target market waiting to be grabbed.

This is not a drink that can be limited to just a certain age range, as it can be taken by almost everyone. Our strategic location in Mississippi has ensured that we are favorably close to several of our target markets. We however conducted a market research that would allow us make informed

The market research would help us define our target market by demographics and psychographics. Therefore, we are going to be selling our bubble tea and its allied products or services to the following group of people;

  • Young professionals
  • Corporate Executives
  • Business people
  • Sports men and women
  • Celebrities
  • Young adults

Our competitive advantage

Our aim of starting Teelicious Bubble Tea is to ensure that we are the preferred bubble tea business in Mississippi and in the whole of the United States of America. We have our set strategies that will ensure that we can not only make our intended profit but also that we can favorably compete with our competitors.

It is for these reasons that we have drafted several competitive advantages that will enable us remain unique and also set us apart from other bubble tea competitors.

Our first competitive advantage is to ensure that our bubble tea truck gets customized with a vending machine as this will allow us have prepared bases in place and also serve our customers in public places without wasting their time. Our truck will also be well equipped with POS Machines for those who do not have cash on hand to pay.

Another competitive advantage we have is the fact that we are constantly churning out new recipes that will create different flavors and type of the bubble tea. We want our customers to remain intrigued with the different flavors that we have to offer.

Asides, from the different flavors we intend to offer, we also intend to ensure that the ingredients used in making our bubble tea are of top quality.

Another competitive advantage we have is our excellent customer service which we offer to all our customers. We know how important having loyal customers are to a business and so through our strategy, we intend to retain more than 80% of our customers while also aiming to attract new ones through our publicity and advertising strategies.

Finally, we have the best employees that are not only experienced but competent as well. We intend to make sure that our employees are not only paid adequately but that they also undergo continuous training that will ensure that their skills are enhanced.

9. SALES AND MARKETING STRATEGY

  • Sources of Income

Teelicious Bubble Tea is a bubble tea store that has been established to make different flavors of bubble tea for our various customers and also to ensure that revenue is made and profit maximized from the different products we intend to make for our customers.

Teelicious Bubble Tea therefore intends to generate income by selling the following products to its customers;

10. Sales Forecast

The fact that people are now being conscious about what they drink is a testament to the fact that the demand for bubble tea is about to surge better than before.

This is why our offering of quality bubble tea, our different flavors as well as our positioning in the market has made us quite optimistic that we would not only generate enough revenue but that we would meet up with our target within a year of running our bubble tea business .

Having looked critically at the beverage industry, we have seen that the bubble tea is a great niche for us to go into and having analyzed our chances with the help of a reputable business consultant here in Mississippi, we are quite certain that we will not only grow but thrive in this market.

Our business consultant gathered data and information from the field to help us arrive at the following sales projections below. The assumptions are based on certain factors such as location and type of business. Below is the sales projection prepared on behalf of Teelicious Bubble Tea:

  • First Fiscal Year-: $300,000
  • Second Fiscal Year-: $600,000
  • Third Fiscal Year-: $1,200.000

N.B : The above projections were done based on several assumptions as regards location and also what is obtainable in the industry. Some of the assumptions used in carrying out these projections were based on the fact that there won’t be any major economic downturn and that also there won’t be any arrival of a new competitor between the periods of projections.

Any change in these assumptions would likely lead to a change that could be either cause the sales projections to be higher or lower than the stated figures.

  • Marketing Strategy and Sales Strategy

Deciding our marketing and sales strategy is very important to us as we understand that without marketing we will be unable to sustain the business and grow it to the level that we intend. Due to the importance of marketing and sales, we intend to conduct a thorough marketing analysis that will enable us understand the market we intend going into and the best way to penetrate.

Asides from helping us understand our target market, the marketing research would also help us better structure our business so as to be able to be proactive whilst dealing with our customers and their varying demands. Having the right marketing strategy would also help set us apart from our competitors and also allow us to favorably compete with them.

Not getting the marketing strategies right could lead to a lot of customers leaving and potential ones not willing to come in and so we have engaged the services of a reputable marketing consultant who not only understands the beverage market but is also knowledgeable on what to do to enable us have the customers that we might need for our bubble tea business.

The marketing consultant will work together with our marketing and sales team to ensure that all strategies drafted are effectively implemented as well as in accordance with our core values as a company.

We also will not neglect the internet as a means to market our products and services at Teelicious Bubble Tea because we are aware of the wide reaching effect the internet has. Therefore, the marketing and sales strategies that we intend to adopt for Teelicious Bubble Tea are;

  • Ensure that we roll out massive advertisements in local newspapers, magazines as well as on radio and television – that will allow us become noticed
  • Throw a grand launching party for Teelicious bubble tea that will get us noticed
  • Ensure that our business is listed in offline and online directories
  • Engage in direct marketing and sales
  • Leverage on our social media platform – Facebook, Twitter, Instagram – to ensure that we thoroughly advertise our products and services
  • Encourage our customers through discounts and incentives to refer us to others

11. Publicity and Advertising Strategy

The aim of conducting publicity or advertising for Teelicious Bubble Tea is to create customer awareness for our bubble tea and their related products, while also ensuring that we establish a brand that will become a top market leader in this segment of the industry.

We therefore intend to explore every means of promoting Teelicious Bubble Tea to our customers – existing and potential.

Because we want very strong publicity and advertising strategies for our brand, we intend to engage the services of a top consultant here in Mississippi who has the reputation and experience that will be necessary for the growth of Teelicious Bubble Tea.

Our aim is to ensure that we are not only known in Mississippi but in the surrounding states and eventually in the whole of the United States of America. Therefore some of the platforms we intend to use in promoting Teelicious Bubble Tea are;

  • Sponsor relevant health-related programs in the community
  • Ensure that we place adverts in local newspapers and magazines as well as on radio and television stations
  • Create a unique logo and place them on all our bottles, trucks, tee shirts and official vehicles
  • Visit other blogs and forums to ensure that we engage in discussions about bubble tea thereby educating more people and increasing awareness
  • Make use of our social media platforms like Facebook, Instagram and Twitter to reach out and engage our audience
  • Distribute our fliers in target locations
  • Attend fairs and carnivals in order to sell and promote our products
  • Install billboards in strategic locations around and outside Mississippi

12. Our Pricing Strategy

When it comes to setting a price for a product, several considerations are taken such as the quality of the product, how much it took to produce the product and the running expenses incurred in the process of producing the product. There are variant powders and syrups that are used for bubble tea that are of different quality, and so the higher the quality of ingredients used, the higher the price would be.

Because we get most of our products from Taiwan, we also have to factor in shipping costs when setting the price for our bubble teas or the ingredients used in making the tea. We however would like to assure our customers that we intend to ensure that our bubble teas are very affordable and pocket friendly.

Also, in the first two months of business, we would give our customers a discount when they purchase our tea as this we believe will be a way of attracting more customers to our business.

  • Payment Options

Because we understand that our customers will want to have access to different payment options when they purchase from us at Teelicious Bubble Tea, we have come up with different payment platforms to accommodate all our various customers.

Therefore the payment options that will be made available to all our customers for any of our products and in any of our outlets are;

  • Payment via cash
  • Payment via check
  • Payment via credit card
  • Payment via Point of Sale (POS) Machine
  • Payment via PayPal

The above payment options were carefully chosen for us by our bank after a careful consideration on our kind of business, and will work with no hitches for any of our customers.

13. Startup Expenditure (Budget)

Every business needs start-up capital to be able to use in financing some aspects of the business till the business is able to sustain itself, and make profit.

Therefore for our bubble tea business, we intend to spend most of our capital to stock up on raw materials, get a truck as well as pay our employees and the bills we might incur during certain points of running the business, The key areas we therefore intend to spend our start-up capital on are;

  • Business registration and incorporation – $700
  • Obtaining licenses and permits as well as accounting software and other legal expenses – $1,800
  • Cost of purchasing the raw ingredients (powder, syrup, tapioca pearls) – $30,000
  • Cost of packaging (bottles and labels) – $10,000
  • Cost of hiring business consultants – $5,000
  • Insurance coverage (general liability and workers’ compensation) – $2,500
  • Operational cost for the first three months (utility bills and employees salaries) – $120,000
  • Other start-up expenses (furniture, stationery, computers, phones, and printers) – $2,500
  • Marketing promotion (grand opening promotion and general business promotion) – $7,000
  • Bubble tea making equipment – $15,000
  • Cost of storage equipment and hardware (shelves, racks, bins, cash register, security gadgets) – $15,000
  • Cost of purchasing a fairly used van – $30,000
  • Cost of launching a website – $500
  • Cost of throwing a bubble tea launch party – $5,000
  • Miscellaneous – $5,000

From the above report, we would need an estimated amount of $250,000 to be able to start and successfully run our bubble tea business here in Mississippi. The amount basically covers our employees’ salaries and utility bills for a period of three months. It also covers overhead expenses such as bubble tea making equipment.

Generating Funding / Startup Capital for Teelicious Bubble Tea Business

Teelicious Bubble Tea is a family business run by two sisters, Jackie and Robin Turee. We want the business to be in the family and for that reason we have decided against going for external investors that might want to become partners with us during the course of generating capital.

We have therefore decided to limit our sources of capital to just this four sources. Below are the sources we intend to generate capital from;

  • Personal savings
  • Soft loans from friends
  • Loan from Small Business Administration (SBA) Agency
  • Loan from bank

N.B:  From our personal savings, we were able to generate the sum of $20,000 . We got the amount of $20,000 as soft loans from friends.

We approached the SBA for a little that was approved for us to the tune of $60,000. We also have approached our bank for a loan of $150,000 and have submitted the necessary documentation and have been assured that our application will soon be approved; after all necessary documents have been checked.

14. Sustainability and Expansion Strategy

The aim of every business is so as to make enough revenue and eventually profit that will sustain the business throughout its lifecycle. To achieve this, certain factors such as having competent employees, minimizing cost and reinvestment of profit as well as having loyal customers is very essential.

Not employing the right staff can be detrimental to one’s business, because not only will the staff not understand what it is the company wants to achieve but they will also not be able to meet up to the productivity quota that the company requires.

It is for this reason that we intend to employ only employees that are competent and also understand what we stand for as a company. We will ensure that our employees are adequately compensated both intrinsically and extrinsically.

As we continue to produce quality bubble tea for our customers, we know that overtime our running costs will be reduced a bit, allowing us to minimize cost and maximize on our profit, which we intend to re-invest back into the company so as to boost its bottom line, ensuring that we remain in business for a long time to come.

Finally, our customers are very important to us for without them, we wouldn’t be in existence, and so we are ready to listen to our customers’ feedback and complaints and ensure that they are promptly attended to. We also intend to ensure that our loyal customers are effectively rewarded with discounts and other incentives especially when they refer other customers to us.

Check List / Milestone

  • Business Name Availability Check: Completed
  • Business Registration: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Securing Point of Sales (POS) Machines: Completed
  • Opening Mobile Money Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Conducting feasibility studies: Completed
  • Generating capital from family members: Completed
  • Applications for Loan from the bank: In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents and other relevant Legal Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Graphic Designs and Printing of Packaging Marketing / Promotional Materials: In Progress
  • Recruitment of employees: In Progress
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business both online and around the community: In Progress
  • Health and Safety and Fire Safety Arrangement (License): Secured
  • Opening party / launching party planning: In Progress
  • Establishing business relationship with vendors – wholesale suppliers / merchants: In Progress
  • Purchase of trucks: Completed

Related Posts:

  • How to Start a Bubble Tea Shop Business
  • Coffee Vending Machine Business Plan [Sample Template]
  • How Much Does It Cost to Start a Bubble Tea Shop?
  • List of Equipment You Need to Start a Bubble Tea Shop
  • 7 Best Bubble Tea Machines [Prices Included]

How to Start a Bubble Tea Business

In operating a bubble tea business, you’ll bring the Taiwanese drink to the attention of customers in a retail environment. The drink is incredibly popular throughout much of Asia, but still in the introductory stage in America. Here, it’s finding increasing acceptance with a trend-seeking millennial audience, particularly in university settings. Among its many other names, bubble tea is sometimes called boba tea or boba juice, pearl milk, or bobi.

Learn how to start your own Bubble Tea Business and whether it is the right fit for you.

Ready to form your LLC? Check out the Top LLC Formation Services .

Bubble Tea Business Image

Start a bubble tea business by following these 10 steps:

  • Plan your Bubble Tea Business
  • Form your Bubble Tea Business into a Legal Entity
  • Register your Bubble Tea Business for Taxes
  • Open a Business Bank Account & Credit Card
  • Set up Accounting for your Bubble Tea Business
  • Get the Necessary Permits & Licenses for your Bubble Tea Business
  • Get Bubble Tea Business Insurance
  • Define your Bubble Tea Business Brand
  • Create your Bubble Tea Business Website
  • Set up your Business Phone System

We have put together this simple guide to starting your bubble tea business. These steps will ensure that your new business is well planned out, registered properly and legally compliant.

Exploring your options? Check out other small business ideas .

STEP 1: Plan your business

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

What will you name your business?

  • What are the startup and ongoing costs?
  • Who is your target market?

How much can you charge customers?

Luckily we have done a lot of this research for you.

Choosing the right name is important and challenging. If you don’t already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Bubble Tea Business Name Generator

If you operate a sole proprietorship , you might want to operate under a business name other than your own name. Visit our DBA guide to learn more.

When registering a business name , we recommend researching your business name by checking:

  • Your state's business records
  • Federal and state trademark records
  • Social media platforms
  • Web domain availability .

It's very important to secure your domain name before someone else does.

Want some help naming your bubble tea business?

Business name generator, what are the costs involved in opening a bubble tea business.

Depending on your location, and the product mix involved, you could spend as little as $15,000 or as much as six figures on startup costs. The low cost can involve adding used equipment to a section of an existing store that might sell pastries, cookies, smoothies, coffee, books, gifts and souvenirs, etc. Here’s how your costs might break down.

Rent -- $50,000 a year, or more - Remember, you’ll want to find a location where your audience hangs out. That might be a college campus environment or a similar young and vibrant setting. Rent tends to be pricey in such locations. Do you want a kiosk or a pick-up or sit-down setting? Will you be serving other foods or beverages? All of this will impact your rent.

Equipment -- $10,000 or more - The basics include gas or electric stove, blender, stirrers, shaker cups, sealer machine, refrigerator and ice maker. Most of this equipment can be bought online at sites such as  Boba Tea Direct . Or search online for used equipment.

Ingredients -- $2,000 or more for a starter supply - This includes tea, milk and fruit and flavor powders. You’ll pay additionally for whatever ingredients or supplies are necessary for sale alongside bubble tea, if any.

Logo development, signage and marketing materials -- Up to $10,000 or more - This might include everything from creating your logo to buying store signage and producing business cards, fliers and other sales and marketing literature.

Licensure, certification and liability insurance -- $750 or more, est. - Depending on your location and products sold, you’ll probably have to have a business license and a health permit at the very least. Visit the  U.S. Small Business Administration (SBA) website  to find out the licensing requirements in your state.

Staffing -- $25,000 or more - Initially, this might simply reflect what you -- as your sole employee -- need to take out of the business. You’ll spend less than this if you have a working mate, savings or second source of income. And you’ll spend more as your staffing needs increase.

It’s also possible to buy a bubble tea franchise and get most of your startup needs supplied as a package. However, you could spend well into six figures in franchising fees and costs. You’ll find examples of such opportunities  here  and  here .

What are the ongoing expenses for a bubble tea business?

Once you’ve established your presence, your ongoing costs will include ingredients and store staffing and operational costs. These variable costs will follow and reflect the amount of business you do at your store.

Who is the target market?

Depending on your location, one major segment of your audience is likely to include early adopters. These are people willing to try new products or experiences. Their word of mouth could be very valuable to you. If you’re establishing your business in a location where most prospects will be familiar with bubble tea, your customer base might consist of people who want to judge your tea and overall product mix against the competition.

Regardless of your location, customers will expect a pleasing and relatively low-cost break from their day.

How does a bubble tea business make money?

You’ll make a bubble tea drink for a cost of roughly 75 cents and sell the drink for a few dollars. Depending on your competition and pricing sensitivity, you could make a markup of 350 percent or better on the drink. Additional revenue might be derived from the other foods, drinks, or merchandise you sell.

What do the coffee houses in your geographic location generally charge for premium drinks? This is a good indication of what you might be able to charge It’s likely to be in the range of $3 to $5. Set a price point and see what the response is. And be sure to keep an eye on the pricing of direct (other bubble tea retailers) or indirect (coffee houses, smoothie shops, etc.) competitors.

How much profit can a bubble tea business make?

A 350 percent markup on a beverage is not unreasonable. Gross profit margins in the 75-80 percent range are not rare in the food and beverage retail industry.

How can you make your business more profitable?

Think what else you can make with the same or similar equipment purchased for bubble tea. You might also consider adding smoothies, coffee or ice cream to your menu. Or buy cookies, pastries or other dessert items for resell from nearby vendors. How about adding t-shirts, mugs, posters, music or other merchandise that might appeal to your same customer base? Try additional products for a while and see if they sell. If they don’t, adjust your mix.

Want a more guided approach? Access TRUiC's free Small Business Startup Guide - a step-by-step course for turning your business idea into reality. Get started today!

STEP 2: Form a legal entity

The most common business structure types are the sole proprietorship , partnership , limited liability company (LLC) , and corporation .

Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your bubble tea business is sued.

Form Your LLC

Read our Guide to Form Your Own LLC

Have a Professional Service Form your LLC for You

Two such reliable services:

You can form an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.

Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services . You can choose to hire a registered agent or act as your own.

STEP 3: Register for taxes

You will need to register for a variety of state and federal taxes before you can open for business.

In order to register for taxes you will need to apply for an EIN. It's really easy and free!

You can acquire your EIN through the IRS website . If you would like to learn more about EINs, read our article, What is an EIN?

There are specific state taxes that might apply to your business. Learn more about state sales tax and franchise taxes in our state sales tax guides.

STEP 4: Open a business bank account & credit card

Using dedicated business banking and credit accounts is essential for personal asset protection.

When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. In business law, this is referred to as piercing your corporate veil .

Open a business bank account

Besides being a requirement when applying for business loans, opening a business bank account:

  • Separates your personal assets from your company's assets, which is necessary for personal asset protection.
  • Makes accounting and tax filing easier.

Recommended: Read our Best Banks for Small Business review to find the best national bank or credit union.

Get a business credit card

Getting a business credit card helps you:

  • Separate personal and business expenses by putting your business' expenses all in one place.
  • Build your company's credit history , which can be useful to raise money later on.

Recommended: Apply for an easy approval business credit card from BILL and build your business credit quickly.

STEP 5: Set up business accounting

Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing.

Make LLC accounting easy with our LLC Expenses Cheat Sheet.

STEP 6: Obtain necessary permits and licenses

Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut down.

Federal Business Licensing Requirements

There are federal regulations regarding what can and cannot be added to, sold as, and processed with food. Attached is a resource from the Food and Drug Administration detailing the process of starting a food business: How to Start a Food Business

State & Local Business Licensing Requirements

Certain state permits and licenses may be needed to operate a bubble tea business. Learn more about licensing requirements in your state by visiting SBA’s reference to state licenses and permits .

Most businesses are required to collect sales tax on the goods or services they provide. To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses .

Certificate of Occupancy

A bubble tea business is generally run out of a storefront. Businesses operating out of a physical location typically require a Certificate of Occupancy (CO).  A CO confirms that all building codes, zoning laws and government regulations have been met.

  • If you plan to lease a location :
  • It is generally the landlord’s responsibility to obtain a CO.
  • Before leasing, confirm that your landlord has or can obtain a valid CO that is applicable to a bubble tea business.
  • After a major renovation, a new CO often needs to be issued. If your place of business will be renovated before opening, it is recommended to include language in your lease agreement stating that lease payments will not commence until a valid CO is issued.
  • If you plan to purchase or build a location :
  • You will be responsible for obtaining a valid CO from a local government authority.
  • Review all building codes and zoning requirements for your business’ location to ensure your bubble tea business will be in compliance and able to obtain a CO.

Food Regulations

When selling food, you will need licensing from a local health department; all establishments serving food are required to pass a health inspection. Tips for faring well on a health inspections

STEP 7: Get business insurance

Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss.

There are several types of insurance policies created for different types of businesses with different risks. If you’re unsure of the types of risks that your business may face, begin with General Liability Insurance . This is the most common coverage that small businesses need, so it’s a great place to start for your business.

Another notable insurance policy that many businesses need is Workers’ Compensation Insurance . If your business will have employees, it’s a good chance that your state will require you to carry Workers' Compensation Coverage.

FInd out what types of insurance your Bubble Tea Business needs and how much it will cost you by reading our guide Business Insurance for Bubble Tea Business.

STEP 8: Define your brand

Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.

If you aren't feeling confident about designing your small business logo, then check out our Design Guides for Beginners , we'll give you helpful tips and advice for creating the best unique logo for your business.

Recommended : Get a logo using Truic's free logo Generator no email or sign up required, or use a Premium Logo Maker .

If you already have a logo, you can also add it to a QR code with our Free QR Code Generator . Choose from 13 QR code types to create a code for your business cards and publications, or to help spread awareness for your new website.

How to promote & market a bubble tea business

The product’s novelty can work to your advantage. A certain market segment is always on the search for new products and experiences. Share with local customers and local media this story  of how bubble tea might have been invented. Also, be sure to make free samples available. The drink could be such a novelty in your location that the media will run stories before you open for business.

How to keep customers coming back

Your marketing efforts might be as simple as the distribution of fliers in your marketing area. Begin a Facebook page for bubble tea aficionados, and show the beverage and your store on Instagram. Film a video on YouTube or Vimeo showing how to make bubble tea. Consider serving the drink at city festivals, fairs, and other occasions when you can spread the word. If you do so, be sure to distribute fliers and business cards to invite customers to your primary location.

STEP 9: Create your business website

After defining your brand and creating your logo the next step is to create a website for your business .

While creating a website is an essential step, some may fear that it’s out of their reach because they don’t have any website-building experience. While this may have been a reasonable fear back in 2015, web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler.

Here are the main reasons why you shouldn’t delay building your website:

  • All legitimate businesses have websites - full stop. The size or industry of your business does not matter when it comes to getting your business online.
  • Social media accounts like Facebook pages or LinkedIn business profiles are not a replacement for a business website that you own.
  • Website builder tools like the GoDaddy Website Builder have made creating a basic website extremely simple. You don’t need to hire a web developer or designer to create a website that you can be proud of.

Recommended : Get started today using our recommended website builder or check out our review of the Best Website Builders .

Other popular website builders are: WordPress , WIX , Weebly , Squarespace , and Shopify .

STEP 10: Set up your business phone system

Getting a phone set up for your business is one of the best ways to help keep your personal life and business life separate and private. That’s not the only benefit; it also helps you make your business more automated, gives your business legitimacy, and makes it easier for potential customers to find and contact you.

There are many services available to entrepreneurs who want to set up a business phone system. We’ve reviewed the top companies and rated them based on price, features, and ease of use. Check out our review of the Best Business Phone Systems 2023 to find the best phone service for your small business.

Recommended Business Phone Service: Phone.com

Phone.com is our top choice for small business phone numbers because of all the features it offers for small businesses and it's fair pricing.

Is this Business Right For You?

If you have retail or food service experience, you might be a natural for this business. You should also have the ability to creatively market a new concept, since many of your prospective customers will be unaware of what bubble tea is. 

Want to know if you are cut out to be an entrepreneur?

Take our Entrepreneurship Quiz to find out!

Entrepreneurship Quiz

What happens during a typical day at a bubble tea business?

Your typical workday could consist of a range of activities including:

  • Taking orders and payments
  • Crafting bubble tea drinks for your customers
  • Cleaning your business
  • Promoting and marketing your business in the community
  • Meeting and serving customers and cross-selling other food or non-food items in your store

What are some skills and experiences that will help you build a successful bubble tea business?

You must find a location with ample foot traffic and a young, educated population. It’s also important to find competitively priced ingredient vendors so you can maintain the highest possible margins. You should also have a strong customer service outlook. Your customers will return for you and the atmosphere you provide as much as for the bubble tea you sell.

What is the growth potential for a bubble tea business?

As of this writing, the bubble tea business is still in its youth in America. It’s particularly popular in young-adult setting such as Austin, Texas and parts of California and the Southeast, but it’s unknown in significant portions of the nation. As word gets around on social media, your audience will find you if you’re based in a location where millennials are predominant. College campuses are among the best locations to open a bubble tea business. 

TRUiC's YouTube Channel

For fun informative videos about starting a business visit the TRUiC YouTube Channel or subscribe to view later.

Take the Next Step

Find a business mentor.

One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.

Having a support network in place to turn to during tough times is a major factor of success for new business owners.

Learn from other business owners

Want to learn more about starting a business from entrepreneurs themselves? Visit Startup Savant’s startup founder series to gain entrepreneurial insights, lessons, and advice from founders themselves.

Resources to Help Women in Business

There are many resources out there specifically for women entrepreneurs. We’ve gathered necessary and useful information to help you succeed both professionally and personally:

If you’re a woman looking for some guidance in entrepreneurship, check out this great new series Women in Business created by the women of our partner Startup Savant.

What are some insider tips for jump starting a bubble tea business?

Get the word out. Especially if your market is relatively unaware of bubble tea. Let people learn what the beverage is, how it’s made, and how great it tastes. Also, try to pair bubble tea with at least one other complementary product. This will help you bring customers in the door and cross-sell.

How and when to build a team

While you’ll probably start as a sole employee or with family and friends, you’ll see the need to hire as soon as you can. The last thing you want is for customers to warn others away because of long lines or order mixups due to understaffed operations. Begin by hiring part-time crew members and addinig hours to meet traffic flow and revenue gain.

Useful Links

Industry opportunities.

  • Franchise Opportunity With Gong Cha
  • Franchise Opportunity With Kung Fu Tea
  • Franchise Opportunity With Sharetea
  • Franchise Opportunity with Chatime

Real World Examples

  • CoCo Tea Ann Arbor
  • Atlanta Honey Bubble
  • California It's Boba Time

Further Reading

  • How to Open a Bubble Tea Shop
  • Bubble Tea Supply

Have a Question? Leave a Comment!

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Bubble Tea Shop Business Plan Template

MAR.21, 2018

Bubble Tea Shop Business Plan Template

Do you want to start bubble tea shop business?

Starting a bubble tea shop business is very easy and extremely profitable as well. If you don’t know how to open a bubble tea shop, just go through this milk tea business plan template. It will guide you through everything which you need to know for starting this venture. The first thing you should do is to develop a comprehensive plan for your tea room business model . The business plan will not only help you in startup but it will also help you in taking important decisions for your company over the next years. In case you don’t know how to write a good milk tea business plan, we are providing a detailed milk tea business plan template of a bubble tea shop startup ‘Sam’s Stop’ to help you avoid the trouble of making a plan yourself.

Executive Summary

2.1 the business.

Sam’s Stop will be a licensed and ensured tea shop located in Downtown Manhattan. We will be strategically located in the most suitable place for opening a bubble tea shop business plan.

2.2 Management

The business will be solely owned and operated by Sam Kin who is a graduate from Harvard University and is known for his sharp business acumen and exceptional management skills. Sam will hire a small team comprising of chefs, waiters, assistants and cleaners for operating and managing the shop.

2.3 Customers

Our customers will primarily be the residential community living near our shop. We will offer high-quality and healthy tea latte, milk tea, fruit flavored tea, brown sugar milk, macchiato and slush to our esteemed customers.

2.4 Target of the Company

Our primary target is to become the best tea shop in the New York City within next 3 years of our launch. Our secondary target is to achieve the net profit margin of $10k/month by the end of the first year, $15k/month by the second year, and $25k/month by the third year.

milk tea business plan template

Company Summary

3.1 company owner.

Sam is a business graduate of Harvard University. After completing his Bachelor’s, he worked with a couple of fast food restaurants at executive positions. He is known for his sharp business acumen and exceptional management skills.

3.2 Why the Business is being started

The main motive behind Sam starting a bubble tea business plan is his intense passion for tea room business model . Sam has exceptional business skills and this venture is just his first step into the business world. Within next three years he plans to open five more bubble tea spots in different cities, and after that, he will move towards business plans for restaurants . So, this venture is where Sam will enter the corporate sector.

3.3 How the Business will be started

Sams’s Stop will be launched in a 200-square-feet shop located in the main commercial market of Downtown Manhattan. The shop was previously used as a grocery store, so a lot of work needs to be done for turning it into a tea shop. The company’s financial experts have forecasted following costs for the start-up:

tea room business plan template pdf

Services for customers

It is wiser to plan your services or menu before you think about how to start a milk tea business plan template. You can only plan subsequent things after you know what you will be providing to your customers. Sam’s Stop will offer following products to its customers:

  • Milk Tea: Bubble Milk Tea, Brown Sugar Milk Tea, Almond Milk Tea, Hazelnut Milk Tea
  • Tea Latte: Black Rose Latte, Oolong Latte Float, Matcha Latte, Tie Guan Yin Latte
  • Fruit Flavored Tea: Peach Green Tea, Mango Green Tea, Honey Green Tea, Fresh Lemon Green Tea
  • Brown Sugar Milk: Black & Yellow Milk, Black Babo Milk, Red & Yellow Milk
  • Macchiato: Rose Tea Macchiato, Jasmine Green Tea Macchiato, Milk Tea Macchiato
  • Slush/Milk Shake: Oreo Milk Shake, Mango Slush, Passion Fruit Slush, Ice Cream Shake

Marketing Analysis of bubble tea shop business

The most important component of an effective milk tea business plan is its accurate marketing analysis that’s why Sam acquired the services of marketing experts to help him through this phase. It is only after this stage that a good bubble tea business plan template could have been developed. After identifying the local market trends in Manhattan, the marketing experts and analysts also helped him in developing the bubble tea marketing plan.

5.1 Market Trends

As for a general trend, the market demand for bubble tea businesses is on the rise. Bubble tea is one of the most popular drinks with Americans. The biggest reason behind the popularity of this bubble tea shop business plan template is that people are becoming more health conscious day by day.

As a result, people have started avoiding carbonated drinks and have leaned towards healthy alternatives such as smoothies, slushes, milk and fresh fruit juices. That’s why the number of bubble tea shops has been increasing during the last few years. In short, this industry has a lot of potential and even a small bubble tea shop can yield immense profit provided that you successfully plan it and target your customers.

5.2 Marketing Segmentation

Our marketing experts have identified following type of target audience which can become the potential customers of our tea shop.

Bubble Tea Shop Business Plan - Market Segmentation

The detailed marketing segmentation comprising of the company’s target audience is as follows:

5.2.1 Working Community:

The first category includes the workers and employees who work in the businesses or offices located in the vicinity of your milk tea business plan template. This group leads a strenuous life, burdened with plenty of work and thousands of matters to think upon. It has been observed that this group often takes soft drinks, especially coffee and bubble tea to take a break from their hectic routine. Our tea shop will be the perfect place for them to rest while on their way home.

5.2.2 Residential Community:

The second group of our target customers will be the community residing in the vicinity of our restaurant. Bubble tea is one of the favorite drinks of American teens so we hope to have a lot of sales due to them. Not only teens, adults and middle-aged people also love smoothies, slushes and fresh tea due to health benefits, that is why we classify this group as our second target group.

5.2.3 Passers-by:

The third category includes those people who do not live or work near our tea room business model but have come to the area for any business purpose or commercial activity. We also hope to attract these passers-by with our economical and delicious smoothies, milkshakes and tea.

5.3 Business Target

Our business targets are as follows:

  • To become the best bubble tea shop in Manhattan within next 3 years of our launch
  • To recover the initial investment within next 1 year of launch
  • To open two more tea shops by the end of the second year and three more shops by the end of the third year

5.4 Product Pricing

After considering the market demands, we have priced all our products in the similar ranges as of our competitors. Our product pricing is as follows:

  • Small Serving: $3/serve
  • Regular Serving: $4/serve
  • Large Serving: $5/serve

OGScapital was great working with.

OGScapital is the company I had recently worked with on business plan development. The assigned project manager was very diligent, hard-working, clearly understood set tasks. The project was done before set deadlines, which was even more pleasant for me. I definitely recommend OGScapital as a team of real professionals.

Sales strategy is also an important component of a bubble tea shop business plan template and hence it must be developed with great care and attention must be paid to every detail.

6.1 Competitive Analysis:

We have a really tough competition because bubble tea shops are nearly everywhere in Manhattan but none of our competitors is offering as much high quality and delicious drinks as ours. Our high-quality, healthy and economical drinks, combined with the unparalleled customer service of our staff will give us an advantage over other tea shops in the region.

6.2 Sales Strategy

We will target our customers by following three ways:

  • Conducting seminars, webinars, and workshops in different institutions to emphasize the health benefits of bubble tea and other similar drinks.
  • Advertising our tea shop in food magazines, newspapers, TV stations, and social media.
  • Offering a 20% discount on all drinks for the first three months of our launch.

6.3 Sales Monthly:

milk tea business plan - Sales Monthly

6.4 Sales Yearly:

tea business plan Business Plan - Sales Yearly

6.5 Sales Forecast

Our forecasted sales pattern is given in the following column chart:

bubble tea business plan Business Plan - Unit Sales

Personnel plan

It is highly advisable to prepare a personnel plan before you think about how to start a milk tea business plan templated bubble tea shop since it is one of the biggest contributing factors of the success of any business. The personnel plan of Sam’s Stop is as follows:

7.1 Company Staff

Sam will act as the CEO of the company and will initially hire following people:

  • 1 Manager to manage the overall operations
  • 1 Cashier to receive cash from the people
  • 2 Accountants to maintain financial records
  • 4 Sales Executives responsible for marketing and advertising the tea shop
  • 10 Chefs for preparing drinks
  • 10 Waiters to serve the customers
  • 8 Cleaners to clean dishes and other facilities at the tea shop

Financial Plan

The final thing to do before you think about how to open milk tea room business model is to develop a comprehensive financial plan which will cover the detailed costs of startup.

8.1 Important Assumptions

8.2 brake-even analysis.

Bubble Tea Shop Business Plan - Brake-even Analysis

8.3 Projected Profit and Loss

8.3.1 profit monthly.

Bubble Tea Shop Business Plan - PROFIT MONTHLY

8.3.2 Profit Yearly

Bubble Tea Shop Business Plan - PROFIT YEARLY

8.3.3 Gross Margin Monthly

Bubble Tea Shop Business Plan - GROSS MARGIN MONTHLY

8.3.4 Gross Margin Yearly

Bubble Tea Shop Business Plan - GROSS MARGIN YEARLY

8.4 Projected Cash Flow

The following column diagram shows the projected cash flow.

Bubble Tea Shop Business Plan - Projected Cash Flow Diagram

Download Bubble Tea Shop Business Plan in pdf

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How to Start Your Own Bubble Tea Business

Table of contents.

For many Americans, bubble tea is a relatively new concept. After being invented in Taiwan in the 1980s, the fun drink with a giant straw has exploded in popularity across Asia — and throughout the world. Bubble tea is in such high demand globally that McDonald’s put it on the menu in Germany .

If you are a bubble tea fan, or simply interested in investing in a business with a tremendous potential for growth, you may be thinking about starting your own bubble tea business. Doing so requires careful thought and planning — as well as getting the right supplies to make your business a success. Read on to learn more about how to start your own bubble tea business, complete with recommendations for custom cups that will allow your product and your brand to shine.

What Is Bubble Tea?

Bubble tea, or boba, is a Taiwanese treat that has become incredibly popular in the United States. The word “boba” is used more broadly to refer to any drink with something in it, such as fresh juice with chunks of fruit. Bubble tea (which may also be called pearl milk tea) is a version of boba that involves black tea, milk, ice, and tapioca pearls — the bubbles in bubble tea.

These pearls are made from tapioca starch. The hard white tapioca pearls are boiled and then steeped in a sugary syrup for hours until they become large, chewy, and take on a black color. Bubble tea is offered in a range of flavors, from mango to strawberry to matcha. Other teas — or even coffee — may be substituted for the traditional black tea.

Bubble tea is served in clear cups to allow customers to see the tapioca pearls. Fat straws are a must for bubble tea so that the bubbles can shoot up the straw as a person drinks.

This drink has become incredibly popular both in Asia and here in the United States. The industry is expected to grow by $2 billion to $4.3 billion by 2027 . The United States is expected to account for 18.7% of the global bubble tea market by 2026 .

Getting Started with Your Own Bubble Tea Shop

Given the growing demand for bubble tea, setting up a boba business makes sense for many entrepreneurs. While franchises for established brands are available, given the relative simplicity of the product, you can also go out on your own.

Step 1: Decide If a Bubble Tea Business Is Right for You

Boba tea is definitely having a moment. As demonstrated above, it is incredibly popular in the United States right now. But before you make the leap and become a bubble tea entrepreneur, it makes sense to spend some time thinking about whether or not it makes financial sense for you.

Depending on a few factors, it can cost anywhere from $75,000 to $500,000 to start your own boba tea shop. You will need to do a deep dive to determine if you can raise the capital to start this type of business based on projected costs and profits. For example, a more expensive retail space located near a college campus could cost quite a bit to lease – but it may be more profitable than a boba tea shop located in a strip mall with less foot traffic.

Common costs associated with setting up a bubble tea business include:

  • Incorporating ($150 to $200)
  • Obtaining business licenses and permits ($100 to $300)
  • Getting insurance for your business (could cost $500 or more per year for a commercial general liability policy)
  • Buying business cards and brochures ($200 to $300)
  • Setting up a website and social media profiles ($1,000 to $3,000)
  • A deposit on leased premises, plus the first month’s rent ($3,000 to $7,000)
  • Construction on the shop plus purchasing necessary equipment and furnishings ($15,000 to $30,000)
  • Ingredients inventory ($2,000 to $4,000)

Again, these costs can vary widely based on multiple factors. It is imperative to do your research to determine exactly what your expenses will be before you embark on the process.

A boba tea shop could lead to $6,000 to $9,000 per month in profit . Of course, making this kind of money depends on your ability to charge $5.00 or more per cup of tea. If you live in an economically depressed area or a community that just isn’t that into bubble tea, then it may be hard to turn that kind of profit.

You should also think about the difficulty of starting your own shop from scratch. There are a few bubble tea shop franchises available, which can make it easier to get up and running. However, for many people, buying into a franchise is more expensive than setting up a shop on their own. You should do some careful calculations to figure out which option is best for you.

Finally, remember that the popularity of bubble tea shops can be a positive – but it can also work against you. While boba tea shops were once hard to find outside of certain areas of the country, they are now much more common. The market may quickly become saturated with bubble tea shops, so it’s important to think about whether there is an opening in your particular area for this type of business.

Step 2: Develop The Concept

The first step in starting any business is to come up with a concept that works. In this case, the concept is bubble tea. Think about whether you want a more extensive menu, if the shop will be sit-down or carryout, and the overall style of your store.

One of the great things about boba tea shops is that there are seemingly endless variations on flavors, types of tea, and add-ins like fruit, powders, jellies, and even mini mochi. This near-infinite level of customization can be a great way to set your boba tea shop apart from the crowd, but it can also be a bit overwhelming. You will need to do some research to figure out your target market so that you can develop a menu that will be successful.

For example, if your market research shows that your most likely customers are millennials working at office jobs, that may inform the types of drinks you offer. It may even influence you to add light snacks to the menu, as your customers may want to pick up a dessert or a sandwich to go along with their tea. Alternatively, if you are planning to open up shop in a trendier area, you might be able to go for more daring offerings. Certain toppings or flavors might not go over well in a small town, but they could be popular in a more diverse area where people may be more willing to try unusual flavors.

Your market research should also inform other aspects of your concept. Generally, bubble tea is more popular among younger people. This fact should inform every aspect of your concept, from your logo to your brand colors to the design of the shop itself. 

You should also consider your target audience when planning your advertising and marketing strategy. For example, younger people are more likely to be on TikTok than on Facebook. While it is a good idea to have a Facebook business page, you should spend time developing content for other forms of social media so that you attract your preferred audience.

Step 3: Pick a Name and Logo

Once you have decided on a concept, it is time to pick a name and develop a brand identity. Broadly speaking, a brand identity is all of the visible elements of a brand. This can include the brand colors, its logo, and the overall design of each of these elements. For example, 

Kung Fu Tea uses bold black, red, and white illustrations for its logo and the various illustrations on its boba tea cups.

Your brand identity will be the way that customers identify you as a business, so it is vital that you spend some time to make sure that you get it right. It should be easily recognizable, attractive, and memorable. 

Come up with a logo and design concept that is versatile enough to be used throughout your branding materials. Your logo will need to be able to work well on your website, your storefront, your plastic drink cups , etc. For this reason, it’s best to work with a logo that can be made mono-color (one color), so that you can change the color of your logo to pop against many different colored backgrounds.

Spend some time researching competitors, and find a way to set your store apart from theirs. If you need some help brainstorming, we compiled over 30 of our favorite creative restaurant and coffee/tea shop names for inspiration. You can also consult with a branding expert to help develop your brand and choose a name.

When picking a name, remember the following:

  • Short names are easy to remember
  • The name should be easy to both say and spell
  • The name should be relevant to your concept
  • Including keywords – like bubble tea or boba tea – can help with search engine optimization ( SEO )
  • Avoid any offensive words or imagery
  • If you use Chinese characters as part of your logo, make sure that they are accurate
  • Ask friends and family for their opinion on your name

Be sure to check to make sure that the business name that you ultimately select isn’t already taken. You can do this by checking your State corporate database, and by doing a quick Google search. If the name isn’t already in use, you can start taking the next steps.

Step 4: Find A Location

Next, figure out a location. This decision will be based in part on your concept. If you plan on having a sit-down restaurant, you will want a place with plenty of parking, as well as easy access by foot. Demographics are also important. According to the New York Times, bubble tea shops often do well near college campuses . For some entrepreneurs, a bubble tea truck may make the most sense, allowing you to drive to events, festivals, and busy lunch locations to offer your wares.

Cost is also a huge factor here. While a shop near a college campus might be the ideal location, this type of retail space is often more expensive. If that doesn’t fit within your budget, you will need to reevaluate and find another space to lease or buy. When you are looking at spaces, ask about the cost per square foot (if it isn’t included in the listing). This number breaks down the price based on the size of the commercial space and can be used as a reference point for how much spaces will cost in a particular area of town. The formula for figuring out monthly lease prices this way is by multiplying the total square feet by the price per square foot and then dividing by 12. For example, retail leases in a downtown area may cost $23 per square foot on average, which means that a 1,500 square foot shop will run about $2,875 per month in rent. You can use this formula to help determine if you are getting a good deal on rental space.

Step 5: Write a Business Plan and Obtain Financing

Once you have developed a concept and brand and chosen a location, it is time to think about financing. This usually requires writing a business plan to qualify for a loan or to attract investors. A business plan can also be useful as a strategic roadmap for your company’s growth.

A business plan typically includes a number of elements, including:

  • An executive summary, which is an overview of the business plan as a whole
  • Concept, which includes a description of the company, its vision, mission statement, ownership structure, and corporate goals
  • Products and services, including menu items
  • Market analysis, including your target demographic, trends in demand, and prospects for growth
  • Competitive analysis, which should highlight your main competitors and note your main advantages over their shops
  • Marketing plan, which explains how you plan to promote your store
  • Management and operations, including who will be running the shop, its physical location, staffing, and other logistical details
  • Financial plan, which should include 3 years of financial planning such as start-up costs, a break-even analysis, profit and loss estimates, and cash flow
  • Appendix, where you can include any related documentation

During this process, you should be thinking about your menu as well. Even if you are limiting yourself to drinks at this stage, there are many bubble tea options to explore. Having a wide range of choices may differentiate you from your competitors and allow you to become more profitable as a business.

Step 6: Getting Your Legal Ducks in Order

Once you have secured financing, you will need to ensure that your business is incorporated. There are many different corporate forms – such as a sole proprietorship, a partnership, a limited liability corporation (LLC), and a corporation. Each corporate form has its own advantages and disadvantages when it comes to liability protection and taxes. You should consult with an attorney to determine how to incorporate and which form is best for your business.

Keep in mind that when you run a business that is open to the public, a lot of different issues can arise – such as a patron slipping and falling on a spilled drink. Incorporating can often protect you from being held personally liable – and it will often be necessary to secure funding for your business. A lawyer can also advise you as to other legal issues that your business may need to address, such as a business license, a federal employer identification number (EIN), and/or a sales tax permit or business number. 

Step 7: Design Your Space

After securing a location and financing, it is time to build out and customize your space. This may involve putting together a floor plan to meet your customer’s needs or getting your logo on the truck. We have a post on the latest design and decor trends in the food service industry if you’d like images to draw inspiration from as part of the design process.

Keep in mind that your space should be aligned with your brand identity. If your brand colors are pink, blue, and gray, for example, then you shouldn’t use yellow and orange in the store.  Making an attractive, comfortable space that is consistent with your brand can help your overall marketing plan – and it will also bring in more customers.

Part of the design process includes setting up your kitchen. Compared to a restaurant, you won’t need as much space or equipment. However, there are certain items that you will need, such as a commercial ice machine, dispensers for sweeteners, or machines to make the tea for your drinks. 

When setting up your kitchen, think about how you will be making and serving drinks. You want your space to be both logical and efficient. Your ingredients and equipment should be stored in a convenient place so that it is as easy as possible to make and serve customers.

Step 8: Source Your Ingredients

At the same time that you are setting up your kitchen, you should start sourcing ingredients and supplies. Because bubble tea has limited ingredients, it is important to buy high-quality teas, milks (including non-dairy options), tapioca pearls, and flavorings. At this stage, you will need to decide whether you will make your boba from scratch or buy pre-made boba. 

Many ingredients for boba, like tea, are shelf-stable, so you can often buy in bulk in advance. Other components – like dairy and fruit add-ins – are perishable. You should set up a plan for how you will order your ingredients and track inventory to ensure that you aren’t reducing your profit margins due to food waste.

Of course, you will need to serve your boba tea in something – along with any food that you sell. You will also need to pick out clear plastic cups , boba straws, sealing film , and lids. While it isn’t strictly required, it is a good idea to buy branded cups and sealing film. After all, bubble tea looks great in pictures – and you want your business name and logo to be in the shot when your customers post their pics on social media. In addition, if you’re going to be selling food, you may also want to buy custom takeout bags to help expand your brand’s reach.

Step 9: Get Permits, Licensing, & Staff Setup

As you get closer to opening up, you will want to make sure that you have the right permits and licenses, and that your employees have been hired and well-trained. Generally, this will include a food handler’s license for at least one staff member. You will also need a certificate of occupancy for the business itself. These requirements vary by jurisdiction, so be sure to check with your lawyer about what permits and licenses you may need to open up shop.

Many bubble tea shops are run exclusively by their owners, given that bubble tea usually isn’t labor-intensive to make and the shops tend to be smaller in size. As your business grows, however, you may want to hire staff to keep up with demand. You should think about whether or not you will need to hire employees, what you will pay them, and how you will train them before you officially open for business.

You will also want to make a decision about using technology to help grow your business, such as an app for ordering, payment tools, or even partnering with a food delivery business . This type of software can also help with things like scheduling employees, payroll, and profit and loss statements. 

Step 10: Put Together Your Marketing Plan

Finally, you will want to begin the process of marketing your business. When you made your business plan, you should have also drafted a marketing strategy. Now is the time to put that plan into action!

First, you should create a website and social media pages for your bubble tea store. Be sure to include your menu, prices, address, hours of operation and pictures of your store and products. Taking these steps will ensure that customers can find you — and may be an important piece of your business’ success. Remember that the target demographic for boba tea trends younger, so consider that when you are choosing which social media platforms to join.

Second, you should consider other forms of marketing, like billboards, signage outside of your store, newspaper or radio ads, mailings, and paid Google ads. Carefully track your spending in this regard so that you can determine which form of marketing is most effective.

Third, using branded promotional products can be particularly helpful for bubble tea shops. Remember: boba tea tends to look really cool, and people like to take pictures of it. Adding your name and logo to the disposable products that you use is a savvy business move, given the likelihood of your drinks ending up on your patron’s social media pages (i.e., free advertising!)

Starting a new business can be overwhelming, but if you break the process down into tiny steps, it becomes much easier to tackle. For further reading, you may also be interested in our resource guide for coffee and tea shops . It includes resources for creating a mission statement, putting together your business plan, picking the right location, gathering required equipment, managing inventory, and more.

Starting a Bubble Tea Shop? We Can Help.

The bubble tea trend is still relatively new in the U.S., with huge potential for growth. If you’re interested in starting a bubble tea business, we can help. Budget Branders offers a full range of custom disposables, priced affordably for start-ups as well as small and medium-sized businesses.

In the past, custom-branded cups, bags, bowls, and other items were only an option for the biggest chains which purchased these items by the millions. We offer a solution for smaller restaurants and bars who want to market their business effectively without breaking the bank.

To learn more about how we can help you build your bubble tea business, contact us today by filling out a contact form , pressing the live chat button, or submitting a quote request for one or more of our products.

The information disclosed above does not constitute legal or financial advice. Use this information at your own discretion and consult a legal or financial professional for further guidance.

David Kranker

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Sales & Marketing Plan for a Bubble Tea Shop

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  • March 5, 2024
  • Business Plan , Sales & Marketing Strategy

business plan for bubble tea shop

Launching and sustaining a thriving bubble tea shop requires more than just great beverages; it necessitates a strategic approach to marketing and sales. This comprehensive guide aims to assist in creating a tailored sales and marketing plan for the business plan of a bubble tea shop.

We’ll start with the importance of conducting a thorough market analysis to understand competitors and uncover potential customers’ needs.

Next, we’ll focus on developing your shop’s brand identity and strategically positioning it in the market.

Lastly, we’ll explore diverse marketing channels to connect with potential customers, followed by an examination of various sales strategies to boost revenue generation.

Sales & Marketing Plan for a Bubble Tea Shop

Bubble Tea Business Plan

Download an expert-built 30+ slides Powerpoint business plan template

Market Analysis

Understanding the market landscape is crucial for the success of your bubble tea shop. It involves a comprehensive analysis of various aspects, enabling you to make informed decisions and devise effective marketing strategies.

Competitive Analysis

Conduct an analysis of similar establishments:

  • Identify Competitors: Conduct thorough research to identify and analyze competitors in your vicinity. Examine their menu offerings, pricing strategies , customer reviews, and promotional tactics. Utilize online platforms, visit physical locations, and observe customer interactions to understand their strengths and weaknesses.
  • SWOT Analysis : Perform a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) for your bubble tea shop concerning competitors. Identify areas where you can excel and differentiate your offerings.

Target Audience Profiling

Define the characteristics of your ideal customers:

  • Demographics and Psychographics: D etermine the age, preferences, lifestyle, and beverage choices of your target audience . This knowledge will shape your marketing messages and menu selection.
  • Customer Needs: Identify what your target customers seek in a bubble tea experience—whether it’s unique flavors, a cozy ambiance, healthier options, or quick service.

Branding and Positioning

Building a strong brand presence is more than just a logo; it’s about establishing a connection with your customers.

Brand Identity Development

Craft a compelling brand story:

  • Core Values: Define the foundational values of your bubble tea shop. What inspired the establishment of your tea house? What unique elements do you bring to the bubble tea industry?
  • Visual Identity: Develop a consistent visual identity, including logos, color schemes, interior decor, and packaging that resonates with your target audience and reflects your brand’s personality.

Market Positioning Strategy

  • Clarify your Unique Selling Proposition (USP): Identify what makes your bubble tea shop stand out. Is it your innovative flavors, use of organic ingredients, personalized customer service, or a relaxing ambiance?
  • Positioning Statement: Create a statement encapsulating how you want your shop to be perceived by customers. Let this statement guide your marketing and operational decisions.

Marketing Channels

Utilize various channels to reach and engage with potential and existing customers.

Digital Marketing

Establish a robust online presence:

  • Social Media: Utilize platforms like Instagram, Facebook, and TikTok to showcase your bubble tea varieties, behind-the-scenes processes, customer testimonials, and interactive content.
  • Email Marketing: Build an email subscriber list by offering promotions. Send newsletters with updates on new flavors, special offers, and upcoming events at your tea house.
  • Website and SEO: Create a user-friendly website with a menu, customer reviews, and a blog featuring tea-related content. Optimize your site for local SEO to enhance visibility in searches for bubble tea in your area.

Local Advertising

Connect with the local community:

  • Distribute Flyers: Design and distribute flyers in local community hubs, college campuses, and cafes to increase brand visibility.
  • Community Engagement: Participate in local events, and sponsorships, or collaborate with nearby businesses to expand your reach and foster community relationships.

Promotional Activities

Engage potential customers through enticing offers:

  • Special Deals: Plan and execute various promotional campaigns, such as ‘Buy One, Get One Free’ offers or introducing seasonal flavors and limited-time discounts. Leverage these promotions to attract new customers and retain existing ones by continuously offering unique and exciting deals.
  • Loyalty Programs: Implement a comprehensive loyalty program that rewards frequent buyers with points redeemable for free drinks, discounts, or exclusive benefits. Regularly communicate the value of the program and create tiers or milestones to encourage increased customer engagement and retention.
  • Referral Incentives: Encourage customers to refer friends and family to your bubble tea shop by offering incentives, such as referral discounts or freebies. Leverage word-of-mouth marketing by creating a referral program that benefits both the existing customer and the referred individual.

Sales Channels

Maximize revenue streams and enhance customer satisfaction through effective sales strategies.

In-Store Upselling

Enhance sales during customer visits:

  • Upselling Options: Train staff to suggest add-ons like flavored toppings or snacks that complement the bubble tea orders.
  • Merchandising: Display tea-related merchandise or specialty items for purchase near the checkout counter to encourage impulse buying.

Online Sales and Booking

Leverage technology for seamless transactions:

  • Online Ordering: Offer online ordering and payment options through your website or mobile app to cater to customers seeking convenience.
  • E-Commerce: Sell branded merchandise, DIY bubble tea kits, or curated tea sets through your website to expand revenue streams.
  • Virtual Consultations: Provide online consultations for customized drink recommendations or special event planning, leading to increased sales and customer satisfaction.

Membership and Loyalty Programs

Foster customer loyalty and repeat business:

  • Membership Options: Introduce a tiered membership program offering exclusive benefits, such as early access to new flavors, bulk purchase discounts, or VIP event invitations. Provide value to members by continuously enhancing the program with new perks and incentives.
  • Loyalty Rewards: Develop a digital loyalty program where customers earn points for every purchase, leading to rewards or special privileges. Utilize customer data gathered through loyalty programs to personalize marketing efforts, thereby increasing customer retention and lifetime value.

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Tea Shop Business Plan Template

Written by Dave Lavinsky

tea shop business plan

Tea Shop Business Plan

Over the past 20+ years, we have helped over 500 entrepreneurs and business owners create business plans to start and grow their tea shops.

If you’re unfamiliar with creating a tea shop business plan, you may think creating one will be a time-consuming and frustrating process. For most entrepreneurs it is, but for you, it won’t be since we’re here to help. We have the experience, resources, and knowledge to help you create a great business plan.

In this article, you will learn some background information on why business planning is important. Then, you will learn how to write a tea shop business plan step-by-step so you can create your plan today.

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What Is a Business Plan?

A business plan provides a snapshot of your tea shop as it stands today, and lays out your growth plan for the next five years. It explains your business goals and your strategies for reaching them. It also includes market research to support your plans.

Why You Need a Business Plan

If you’re looking to start a tea shop or grow your existing tea shop, you need a business plan. A business plan will help you raise funding, if needed, and plan out the growth of your tea shop to improve your chances of success. Your tea shop business plan is a living document that should be updated annually as your company grows and changes.

Sources of Funding for Tea Shops

With regards to funding, the main sources of funding for a tea shop are personal savings, credit cards, bank loans, and angel investors. When it comes to bank loans, banks will want to review your business plan and gain confidence that you will be able to repay your loan and interest. To acquire this confidence, the loan officer will not only want to ensure that your financials are reasonable, but they will also want to see a professional plan. Such a plan will give them the confidence that you can successfully and professionally operate a business. Personal savings and bank loans are the most common funding paths for tea shops.

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How to write a business plan for a tea shop.

If you want to start a tea shop or expand your current one, you need a business plan. The guide below details the necessary information for how to write each essential component of your tea shop business plan.

Executive Summary

Your executive summary provides an introduction to your business plan, but it is normally the last section you write because it provides a summary of each key section of your plan.

The goal of your executive summary is to quickly engage the reader. Explain to them the kind of tea shop you are running and the status. For example, are you a startup, do you have a tea shop that you would like to grow, or are you operating a chain of tea shops?

Next, provide an overview of each of the subsequent sections of your plan.

  • Give a brief overview of the tea shop industry.
  • Discuss the type of tea shop you are operating.
  • Detail your direct competitors. Give an overview of your target customers.
  • Provide a snapshot of your marketing strategy. Identify the key members of your team.
  • Offer an overview of your financial plan.

Company Overview

In your company overview, you will detail the type of tea shop you are operating.

For example, you might specialize in one of the following types of tea shops:

  • Loose leaf tea shop: This type of tea shop specializes in selling a variety of blends of loose leaf tea. Customers can often sample the tea before purchasing some to take home.
  • Tea room or cafe: This type of tea shop sells food, tea, and other beverages in a dine-in setting.
  • Tea bar: This type of tea shop offers a variety of tea to drink at the bar or to-go, similar to a coffee shop.
  • Online tea shop: This type of tea shop sells a variety of different kinds of tea through an ecommerce site.

In addition to explaining the type of tea shop you will operate, the company overview needs to provide background on the business.

Include answers to questions such as:

  • When and why did you start the business?
  • What milestones have you achieved to date? Milestones could include the number of customers served, the number of drinks sold, and reaching $X amount in revenue, etc.
  • Your legal business Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.

Industry Analysis

In your industry or market analysis, you need to provide an overview of the tea shop industry. While this may seem unnecessary, it serves multiple purposes.

First, researching the tea shop industry educates you. It helps you understand the market in which you are operating.

Secondly, market research can improve your marketing strategy, particularly if your analysis identifies market trends.

The third reason is to prove to readers that you are an expert in your industry. By conducting the research and presenting it in your plan, you achieve just that.

The following questions should be answered in the industry analysis section of your tea shop business plan:

  • How big is the tea shop industry (in dollars)?
  • Is the market declining or increasing?
  • Who are the key competitors in the market?
  • Who are the key suppliers in the market?
  • What trends are affecting the industry?
  • What is the industry’s growth forecast over the next 5 – 10 years?
  • What is the relevant market size? That is, how big is the potential target market for your tea shop? You can extrapolate such a figure by assessing the size of the market in the entire country and then applying that figure to your local population.

Customer Analysis

The customer analysis section of your tea shop business plan must detail the customers you serve and/or expect to serve.

The following are examples of customer segments: individuals, schools, families, and corporations.

As you can imagine, the customer segment(s) you choose will have a great impact on the type of tea shop you operate. Clearly, individuals would respond to different marketing promotions than corporations, for example.

Try to break out your target customers in terms of their demographic and psychographic profiles. With regards to demographics, including a discussion of the ages, genders, locations, and income levels of the potential customers you seek to serve.

Psychographic profiles explain the wants and needs of your target customers. The more you can recognize and define these needs, the better you will do in attracting and retaining your customers.

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Competitive Analysis

Your competitive analysis should identify the indirect and direct competitors your business faces and then focus on the latter.

Direct competitors are other tea shops.

Indirect competitors are other options that customers have to purchase from that aren’t directly competing with your product or service. This includes other types of cafes, beverage retailers, or coffee shops. You need to mention such competition as well.

For each such competitor, provide an overview of their business and document their strengths and weaknesses. Unless you once worked at your competitors’ businesses, it will be impossible to know everything about them. But you should be able to find out key things about them such as

  • What types of customers do they serve?
  • What type of tea shop are they?
  • What is their pricing (premium, low, etc.)?
  • What are they good at?
  • What are their weaknesses?

With regards to the last two questions, think about your answers from the customers’ perspective. And don’t be afraid to ask your competitors’ customers what they like most and least about them.

The final part of your competitive analysis section is to document your areas of competitive advantage. For example:

  • Will you make it easier for your customers to acquire your products or services?
  • Will you offer products or services that your competition doesn’t?
  • Will you provide better customer service?
  • Will you offer better pricing?

Think about ways you will outperform your competition and document them in this section of your plan.  

Marketing Plan

Traditionally, a marketing plan includes the four P’s: Product, Price, Place, and Promotion. For a tea shop business plan, your marketing strategy should include the following:

Product : In the product section, you should reiterate the type of tea shop that you documented in your company overview. Then, detail the specific products or services you will be offering. For example, will you provide loose leaf tea, in-shop dining, or tea accessories?

Price : Document the prices you will offer and how they compare to your competitors. Essentially in the product and price sub-sections of your plan, you are presenting the products and/or services you offer and their prices.

Place : Place refers to the site of your tea shop. Document where your company is situated and mention how the site will impact your success. For example, is your tea shop located in a busy retail district, a business district, a standalone shop, or purely online? Discuss how your site might be the ideal location for your customers.

Promotions : The final part of your tea shop marketing plan is where you will document how you will drive potential customers to your location(s). The following are some promotional methods you might consider:

  • Advertise in local papers, radio stations and/or magazines
  • Reach out to websites
  • Distribute flyers
  • Engage in email marketing
  • Advertise on social media platforms
  • Improve the SEO (search engine optimization) on your website for targeted keywords

Operations Plan

While the earlier sections of your business plan explained your goals, your operations plan describes how you will meet them. Your operations plan should have two distinct sections as follows.

Everyday short-term processes include all of the tasks involved in running your tea shop, including answering calls, greeting customers, taking orders, collecting payments, etc.

Long-term goals are the milestones you hope to achieve. These could include the dates when you expect to acquire your Xth customer, or when you hope to reach $X in revenue. It could also be when you expect to expand your tea shop to a new city.  

Management Team

To demonstrate your tea shop’s potential to succeed, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally, you and/or your team members have direct experience in managing tea shops. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act as mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in managing a tea shop or successfully running a small medical practice.  

Financial Plan

Your financial plan should include your 5-year financial statement broken out both monthly or quarterly for the first year and then annually. Your financial statements include your income statement, balance sheet, and cash flow statements.

Income Statement

An income statement is more commonly called a Profit and Loss statement or P&L. It shows your revenue and then subtracts your costs to show whether you turned a profit or not.

In developing your income statement, you need to devise assumptions. For example, will you expect to serve 20 customers per day, and will you offer discounts for repeat customers? And will sales grow by 2% or 10% per year? As you can imagine, your choice of assumptions will greatly impact the financial forecasts for your business. As much as possible, conduct research to try to root your assumptions in reality.

Balance Sheets

Balance sheets show your assets and liabilities. While balance sheets can include much information, try to simplify them to the key items you need to know about. For instance, if you spend $50,000 on building out your tea shop, this will not give you immediate profits. Rather it is an asset that will hopefully help you generate profits for years to come. Likewise, if a lender writes you a check for $50,000, you don’t need to pay it back immediately. Rather, that is a liability you will pay back over time.

Cash Flow Statement

Your cash flow statement will help determine how much money you need to start or grow your business, and ensure you never run out of money. What most entrepreneurs and business owners don’t realize is that you can turn a profit but run out of money and go bankrupt.

When creating your Income Statement and Balance Sheets be sure to include several of the key costs needed in starting or growing a tea shop:

  • Cost of equipment and supplies
  • Payroll or salaries paid to staff
  • Business insurance
  • Other start-up expenses (if you’re a new business) like legal expenses, permits, computer software, and equipment

Attach your full financial projections in the appendix of your plan along with any supporting documents that make your plan more compelling. For example, you might include your tea shop location lease or testimonials from happy customers.  

Writing a business plan for your tea shop is a worthwhile endeavor. If you follow the template above, by the time you are done, you will truly be an expert. You will understand the tea shop industry, your competition, and your customers. You will develop a marketing strategy and will understand what it takes to launch and grow a successful tea shop.  

Tea Shop Business Plan FAQs

What is the easiest way to complete my tea shop business plan.

Growthink's Ultimate Business Plan Template allows you to quickly and easily write your tea shop business plan.

How Do You Start a Tea Shop Business?

Starting a tea shop business is easy with these 14 steps:

  • Choose the Name for Your Tea Shop Business
  • Create Your Tea Shop Business Plan
  • Choose the Legal Structure for Your Tea Shop Business
  • Secure Startup Funding for Your Tea Shop Business (If Needed)
  • Secure a Location for Your Business
  • Register Your Tea Shop Business with the IRS
  • Open a Business Bank Account
  • Get a Business Credit Card
  • Get the Required Business Licenses and Permits
  • Get Business Insurance for Your Tea Shop Business
  • Buy or Lease the Right Tea Shop Business Equipment
  • Develop Your Tea Shop Business Marketing Materials
  • Purchase and Setup the Software Needed to Run Your Tea Shop Business
  • Open for Business

Learn more about how to start your own tea shop business .

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How to Start a Profitable Bubble Tea Business [11 Steps]

Nick

By Nick Cotter Updated Feb 05, 2024

image of a bubble tea business

Business Steps:

1. perform market analysis., 2. draft a bubble tea business plan., 3. develop a bubble tea brand., 4. formalize your business registration., 5. acquire necessary licenses and permits for bubble tea., 6. open a business bank account and secure funding as needed., 7. set pricing for bubble tea services., 8. acquire bubble tea equipment and supplies., 9. obtain business insurance for bubble tea, if required., 10. begin marketing your bubble tea services., 11. expand your bubble tea business..

Before diving into the bubble tea industry, it's crucial to understand the market dynamics to tailor your business for success. A comprehensive market analysis will illuminate consumer preferences, competition levels, and potential gaps in the market. Here's how to get started:

  • Research Consumer Trends: Look into current trends in beverage consumption, particularly focusing on bubble tea. Identify the preferences of different demographics, such as favored flavors or dietary restrictions.
  • Analyze Competitors: Examine existing bubble tea shops in your target area. Note their product offerings, pricing, marketing strategies, and customer reviews to identify best practices and areas for improvement.
  • Assess Supply Chain: Investigate potential suppliers for tea, tapioca pearls, and other ingredients. Consider quality, cost, reliability, and whether you can establish a unique selling proposition through your supply choices.
  • Regulatory Environment: Understand the local regulations regarding food and beverage businesses. This includes health codes, business licensing, and any specific requirements for serving bubble tea.
  • Market Demand Projection: Evaluate the size and growth potential of the bubble tea market in your region. Use data from market research reports or surveys to estimate future demand.

image of a bubble tea business

Are bubble tea businesses profitable?

Yes, bubble tea businesses have the potential to be profitable when run efficiently and strategically. Proper inventory management, an attractive atmosphere, menu variety and effective marketing can all help make a bubble tea business successful. Additionally, offering online ordering and delivery services may increase revenue.

Creating a detailed business plan is critical for the success of your bubble tea venture. It will serve as a roadmap, helping you to establish goals, understand your market, and manage financial projections. Here's what to include in your draft:

  • Executive Summary: Provide an overview of your business concept, vision, and key objectives.
  • Company Description: Detail the specifics of your bubble tea business, including location, name, and business structure.
  • Market Analysis: Research and describe your target market, industry trends, and competitor analysis.
  • Organization and Management: Outline your business's organizational structure and describe the backgrounds of your management team.
  • Products Line: List and describe the bubble tea varieties and any related products you plan to offer.
  • Marketing and Sales: Develop your strategies for attracting and retaining customers.
  • Funding Request: If seeking financing, specify the amount needed and how it will be used.
  • Financial Projections: Provide projected income statements, cash flow statements, and balance sheets for the next 3-5 years.
  • Appendix: Include any additional documents or relevant information, such as resumes, permits, and leases.

How does a bubble tea business make money?

Bubble tea businesses make money through the sale of bubble tea drinks and related products. They are likely to have high customer traffic due to their popularity, so many businesses can generate significant profit. For example, a bubble tea business could target young adults who enjoy unique and fun food experiences: they are likely to visit frequently and spend money on the products. Additionally, they may bring their family or friends along, leading to further profits for the business.

Creating a bubble tea brand that resonates with your target audience and stands out in a crowded market is crucial for the success of your business. Your brand should reflect the unique personality of your offerings, and make a memorable impression on consumers. Here are some key steps to consider when developing your bubble tea brand:

  • Define Your Brand Identity: Choose a brand name, logo, and color scheme that represent your bubble tea's style and flavor. Consider what makes your product unique and how you can communicate that visually and verbally.
  • Understand Your Audience: Research your target demographic to understand their preferences and how to appeal to them. Knowing your audience helps tailor your branding and marketing efforts effectively.
  • Create a Brand Story: Develop a compelling narrative that tells the story of your brand's origins, mission, and values. A strong brand story can create an emotional connection with customers.
  • Consistent Branding Across All Touchpoints: Ensure that all your marketing materials, packaging, and online presence reflect your brand identity consistently for a cohesive brand experience.
  • Trademark Your Brand: Protect your brand by registering the name and logo as trademarks, preventing others from using your hard-earned brand recognition.

How to come up with a name for your bubble tea business?

Coming up with a name for your bubble tea business can be a challenging yet exciting process. First, consider what type of experience you want people to have when they visit your business. This insight can help you identify keywords or feelings that can be used as inspiration for potential names. You can also look to the history of bubble tea and use names or phrases from its origins. Additionally, consider making the name memorable and easy to spell and pronounce. Lastly, ensure your bubble tea shop name isn’t already taken by others in the industry with a quick online search. Using this process will allow you to find a business name that encapsulates your brand and stands out from the rest.

image of ZenBusiness logo

Formalizing your business registration is a critical step in legitimizing your bubble tea venture. This process varies by location but typically involves a few key actions that ensure your business is legally recognized and permitted to operate. Here’s what you need to do:

  • Choose a business structure: Decide whether your bubble tea business will be a sole proprietorship, partnership, LLC, or corporation. Each has different legal and tax implications.
  • Register your business name: Check for name availability and register your business name with the appropriate state agency. If you plan to operate under a different name, file a DBA (Doing Business As).
  • Obtain an EIN: Apply for an Employer Identification Number (EIN) from the IRS for tax purposes, especially if you will have employees.
  • Register for state taxes: Register with your state's taxation authority to handle sales tax, payroll tax, and any other state taxes.
  • Acquire permits and licenses: Check with your local city or county about necessary permits and licenses, such as a business license, health department permit, and food service license.
  • File your business documents: Submit any required documents, such as Articles of Incorporation for a corporation or Articles of Organization for an LLC, to your state's business filing agency.

Resources to help get you started:

Explore critical resources specially crafted for bubble tea entrepreneurs to glean market trends, operational excellence, and strategic business growth advice:

  • Bubble Tea Academy: Offers comprehensive training courses and industry reports for starting and running a successful bubble tea business. https://www.bubbleteaacademy.com
  • World Tea News: Provides the latest updates and insights on the global tea market, including trends specifically related to bubble tea. https://www.worldteanews.com
  • Beverage Industry Magazine: Features articles, case studies, and news on the broader beverage sector, with occasional deep dives into niche segments like bubble tea. https://www.bevindustry.com
  • Bubble Tea Insider Newsletter: A periodical offering specialized tips, supplier discounts, and exclusive insights for bubble tea shop owners (Subscription required). https://www.bubbleteainsider.com
  • Small Business Administration (SBA): Offers a plethora of resources for small business owners in the food and beverage industry, providing access to financing, training, and business planning. https://www.sba.gov

Before you can start serving delicious bubble tea to eager customers, it's crucial to ensure that all legal requirements are met. Acquiring the right licenses and permits is an essential step in setting up a bubble tea shop to operate within the law and avoid any potential setbacks. Follow these bullet points to guide you through the process:

  • Business License: Contact your city or county clerk's office to apply for a general business license, which is the basic permit you need to operate a business legally in your area.
  • Food Service License: Since bubble tea is a food service, you'll need to get a food service license from your local health department, which will likely involve a health inspection.
  • Employer Identification Number (EIN): If you plan on hiring employees, you'll need to obtain an EIN from the IRS for tax purposes.
  • Resale Permit: A resale permit allows you to buy ingredients and supplies wholesale without paying sales tax, and to collect sales tax from your customers.
  • Building Health Permit: If you are building a new shop or renovating an existing space, you might need this permit to ensure your shop meets building codes and health regulations.
  • Signage Permit: Some localities require a permit for business signage, which may regulate the size, lighting, and placement of your shop's signs.

What licenses and permits are needed to run a bubble tea business?

In order to run a bubble tea business, you will need to obtain several licenses and permits. These may include a business license, health permit, food establishment permit, food handler’s permit, alcohol license (if you plan to serve alcoholic beverages), tobacco license (if you plan to sell tobacco products) and occupational safety and health license. In addition, if you plan to operate a mobile bubble tea business, you may need a mobile vendor permit.

Opening a business bank account and securing the necessary funding are essential steps in establishing a solid financial foundation for your bubble tea business. These measures not only help in managing your finances effectively but also in building credibility with suppliers and investors. Here's what you need to consider:

  • Research banks that offer business accounts with benefits like low fees, easy access, and additional services tailored to small businesses.
  • Prepare the required documentation, which typically includes your business registration, EIN, and personal identification, to open your business bank account.
  • Consider your funding needs carefully and explore options such as small business loans, lines of credit, investors, or crowdfunding platforms specific to the food and beverage industry.
  • Develop a comprehensive business plan that outlines your financial projections, including costs, expected revenue, and growth strategy to present to potential lenders or investors.
  • Understand the terms and conditions of any funding you accept, including interest rates, repayment schedules, and any potential impacts on your business ownership and control.

Setting the right price for your bubble tea is a crucial step in establishing your business. It balances customer satisfaction with profitability to ensure the sustainability of your venture. Here are key considerations to help you determine the ideal pricing:

  • Analyze your costs: Include ingredients, labor, rent, equipment, and other overheads to understand the minimum price point for profitability.
  • Research the market: Look at competitors' pricing and position your product accordingly, whether as a premium offering or a value alternative.
  • Understand your customers: Know your target demographic's spending habits and price sensitivity to set prices they are willing to pay.
  • Factor in perceived value: Price your bubble tea to reflect its quality, branding, and any unique selling points that differentiate it from others.
  • Consider pricing strategies: Explore various pricing strategies such as penetration, skimming, or cost-plus to find what aligns with your business goals.
  • Adjust for location: Take into account the location of your shop, as prices may vary based on local economic conditions and customer expectations.
  • Plan for promotions: Decide if you'll offer discounts, loyalty programs, or introductory prices to attract customers initially and how this will impact your regular pricing.

What does it cost to start a bubble tea business?

Initiating a bubble tea business can involve substantial financial commitment, the scale of which is significantly influenced by factors such as geographical location, market dynamics, and operational expenses, among others. Nonetheless, our extensive research and hands-on experience have revealed an estimated starting cost of approximately $25500 for launching such an business. Please note, not all of these costs may be necessary to start up your bubble tea business.

Starting a bubble tea business requires careful selection of equipment and supplies to ensure quality and efficiency in service. It's important to balance cost with the needs of your business model, ensuring you have all the necessary tools to produce delicious bubble tea. Here's a list of essential items you'll need:

  • Commercial Blender: For making smoothies and blending ice.
  • Shaker Machine: To evenly mix the bubble tea ingredients.
  • Sealing Machine: For sealing the cups and ensuring spill-proof drinks.
  • Tea Brewers: For brewing tea leaves – consider both hot and cold brewing systems.
  • Tapioca Pearl Cooker: To perfectly cook tapioca pearls or boba.
  • Measuring Scoops and Cups: For consistent serving sizes.
  • Syrups and Powders: Flavors for creating a variety of bubble tea options.
  • Bubble Tea Cups and Straws: Typically larger than regular cups and straws to accommodate the pearls.
  • Refrigeration System: To keep ingredients fresh and cool.
  • Sinks and Cleaning Equipment: For maintaining hygiene and cleanliness.
  • POS System: To manage orders and transactions efficiently.
  • Storage Containers: For keeping ingredients organized and easily accessible.

List of software, tools and supplies needed to start a bubble tea business:

  • Equipment: Blender ($100 - $200), Electric Tea Kettle ($35 - $55), Tea Dispenser ($50 - $90)
  • Ingredients: Bubble Tea Powder ($2/scoop), Milk/alternative/ice cream ($2/cup), Tapioca Pearls ($1/cup)
  • Drink Supplies: Tea Cups ($0.20 - $0.30/cup), Straws (5-10 cents per piece), Lids (5-15 cents per piece)
  • Reusable Containers: Reusable Bottles, Cups, and Bags (average cost of $6-$12 each)
  • Tools & Consumables: Tea Strainers, Scoops & Spoons (approx. $5 each) , Small Containers for Toppings (approx. $2 each)
  • Cleaning Supplies: Sponges, Wipes, Gloves (varies depending on type and quality)
  • POS Systems: Ongoing fees may vary from month to month but average around $50 to start
  • Marketing Materials: Business Cards, Flyers & Posters(approximately 40 cents per card or flyer)
  • Website Setup & Maintenance Fees May Vary But Can Start Around $100-$150 Per Year
  • Miscellaneous Supplies: Kitchen Utensils & Supplies (approx. $20-$30)

As you prepare to launch your bubble tea business, it's important to consider the various types of business insurance that can protect your investment and provide peace of mind. Insurance can safeguard against unforeseen events such as property damage, liability claims, and employee-related risks. Below are essential steps to take in obtaining the right insurance coverage:

  • Research different types of insurance policies relevant to food and beverage businesses, such as general liability insurance, product liability insurance, property insurance, and workers' compensation.
  • Consult with an insurance broker or agent who specializes in small businesses or specifically in the food service industry to get tailored advice for your bubble tea shop.
  • Compare quotes from multiple insurance providers to find the best coverage options at competitive rates.
  • Consider any additional coverage that may be beneficial, such as business interruption insurance, equipment breakdown insurance, or spoilage coverage.
  • Ensure that the insurance policy you select meets any specific legal requirements in your area and is adequate for your business size and scope.
  • Review and update your insurance policy regularly to reflect any changes in your business operations or assets.

Starting a bubble tea business is exciting, and marketing is crucial to attract and retain customers. As you launch your bubble tea services, it's important to create a buzz and make sure your target market knows about your delicious offerings. Here are some strategies to kick off your marketing efforts:

  • Create social media profiles on platforms like Instagram, Facebook, and Twitter to share vibrant photos of your bubble tea, promotional events, and customer testimonials.
  • Partner with local businesses and event organizers to provide bubble tea catering at community events, which can increase brand visibility and reach new customers.
  • Offer opening week discounts or loyalty programs to encourage first-time visitors to become regulars.
  • Engage with influencers or bloggers in the food and beverage industry to review your bubble tea, helping to spread the word to a wider audience.
  • Invest in targeted online advertising through Google Ads or social media platforms to reach potential customers who are searching for bubble tea or similar refreshments.
  • Set up a referral program that rewards customers for bringing friends and family to your store, fostering word-of-mouth marketing.
  • Distribute flyers and promotional materials in high foot-traffic areas, and consider local newspaper or magazine ads for broader local reach.

Once your bubble tea business has gained a solid foundation with a loyal customer base, it's time to consider expansion. This growth phase can be both exciting and challenging, as it often involves making strategic decisions to scale your operations and increase your market reach. Here are some tips to guide you through expanding your bubble tea business:

  • Explore franchising opportunities – Licensing your business model to franchisees can help expand your brand's presence quickly.
  • Open new locations – Conduct market research to identify new areas with high demand for bubble tea and low competition.
  • Diversify your menu – Introduce new flavors, seasonal specials, or healthy options to attract a wider customer base.
  • Invest in marketing – Boost your online presence and engage with customers through social media campaigns and influencer partnerships.
  • Enhance the customer experience – Implement loyalty programs or mobile ordering to encourage repeat business.
  • Strengthen your supply chain – Negotiate with suppliers for better prices or look for alternative sources to ensure product quality and availability.
  • Consider e-commerce – Set up an online store to sell bubble tea kits or merchandise, allowing customers to enjoy your products at home.

Sample Bubble Tea Shop Business Plan

Bubble tea shop business plan sample.

This article focuses on bubble tea cafes, providing critical knowledge on how to write a sample plan. With investment opportunities increasing daily, little or no knowledge on writing a good business plan is possessed by entrepreneurs.

It is strongly believed that by following the procedure laid out here, the entrepreneur will have sufficient guidance in writing their unique business plan.

Planning Guide

The planning phase of any business is critical to its proper launch and growth. You’re unlikely to achieve meaningful results without the right actions in place.

More often than not, people face many difficulties writing their plans. This is due to their lack of knowledge of the essential elements.

This boba shop BUSINESS PLAN SAMPLE gives you the needed guidance required. You only need to follow the format provided to overcome common difficulties you’ve faced in the past.

The process of writing a good plan doesn’t have to be complicated, as you’ll find out here.

The Essential Parts of a Plan

The essential parts of any plan are considered the building blocks with which the desired structure is built.

These touch on the most critical aspects of the plan and allow for a better breakdown of essential areas. These elements include the executive summary, as well as the business description.

Other equally essential sections include the products and services, market analysis, strategy & implementation, organization & management team, and the financial plan & projections.

With these sections stated, you’ll need to know what information to include for each of them.

You don’t have to worry, as we’ve discussed below.

Here is a sample business plan for starting a bubble tea shop.

Executive Summary

Products and services, vision statement, mission statement, market analysis/trends, competitive advantage, target market, sales and marketing strategy.

  • Sales Projection

Publicity and Advert Strategy

Payment channels.

Set to storm the market beverage and tea markets with the highest quality products, Uncle B’s Bubble Tea Shop will be making available different flavors, each uniquely prepared to satisfy our highly esteemed clients.

With New Orleans as our location, we intend to spread our services to cover the entire state with our premium services in no distant future.

We will be committed to customer satisfaction with a dedicated and well-motivated workforce.

Business Description

Vivid descriptions of who you are, how you operate, and your goals need to be provided here. How do you plan on making a profit? Provide information on the legal structure adopted for your boba shop. A summary of your short and long-term goals will also be necessary.

Give a brief history of your operations. Also, your audience will need to know the nature of the business and the needs and demands it intends to fill. A summary of business growth with financial or market highlights will also be necessary. Give an overview of your products and services and your customers and suppliers.

We at Uncle B’s are driven by a solid vision to be among the top 5 bubble tea destinations in New Orleans within our first three years of commencing business.

Services rendered will be only the best, and we will pamper our clients to make them always return for more of our premium services.

Our mission at Uncle B’s is to provide cost-effective services. We will strike a balance between profits and the best service to our clients.

Hence, while increasing our profit margin, we will also ensure that our products are unique and most preferred among clients.

Uncle B’s will be made available only the very best of products and services; hence, apart from making bubble tea available to our highly esteemed clients, we will be adding other bubble tea-related products to our list of products.

These include syrups, juice and jelly balls, blended teas, smoothie, and slush.

Services include training interested persons in the art of making our products and the sale of bubble tea equipment to our growing clientele.

Organization & Management Team

Your organizational structure is key to how effective your boba shop is run. You’ll need to provide an organizational chart that describes departments and critical employees here.

Also, you must provide information about the owner(s) with details such as names, percentage ownership, and extent of involvement.

Your management team profile will have to be included with names, positions, primary responsibilities, and prior experience.

After much research, we have discovered that the more diverse the flavor variants, the more likely there will be more clients patronizing such services.

Also, there has been a shift in preference for carbonated drinks, with more people becoming health conscious.

It is little wonder that carbonated drink companies have begun shifting ground into non-carbonated drink variants to cater to the health-conscious customer’s needs.

An advantage we have over our competitors is the heavy investment we will be making in researching more bubble tea flavors that will be acceptable to the consuming market.

A product research development will lead this.

Also, we will be motivating our workforce to encourage them to put in their best. Part of the ways we will make this happen is through attractive remuneration packages to spur them.

Our activities will be coordinated by an effective marketing department led by an experienced marketing strategist.

Our target market will be open to all. Still, we will be most interested in society’s most active segment, which includes the army, tourists, the corporate world, students (campuses), chief executives, and health care personnel, among other features of the most active population.

Also, we will be located within the busiest business districts, especially places with high foot traffic.

Our marketing department will be headed by an experienced marketing strategist with years of experience in marketing. Our products will also be promoted through the use of carts, making these products available, especially in busy locations.

The sales and marketing strategies need to be highlighted here with details on costs, pricing, promotions, and distribution.

Explain how you plan on promoting your business to the market. How will your business function? Your labor sources and the number of employees need to be provided.

Financial Plan & Projections

Under the financial plan and projection section, an analysis of financial statements will have to be made with the help of a professional. Here, historical financial data, practical prospective financial information, and data analysis will need to be provided.

With data from research conducted, we will be benefitting from robust growth within this sector; profits accruable to the business will more than double with each financial year.

This is presented in the chart below. However, the predictions made discounts natural disasters and economic recession.

  • First Year $220,000
  • Second Year $509,000
  • Third Year $1,100,000

The publicity and advert strategies to be used are broad-based. They include the use of the internet, involving creating a business website displaying the products and services rendered. Also, we will place adverts on local radio and TV stations to reach the widest audience possible about our services.

We will be printing flyers and banners displaying our services, and also, we will mount billboards in strategic locations showing our services.

The payment channel to be deployed by Uncle B’s includes a wide range of payment solutions enabling clients to pay without going through a lot of stress.

Among the various payment, channels are POS machines, acceptance of credit cards, mobile banking, cash payments, and receipt of cheques, among other payment channels.

This sample bubble tea shop business plan provides a template to follow. However, the information supplied here is only imaginary and represents no genuine business concern.

The entrepreneur is expected to brainstorm what applies to his own business to produce a unique bubble tea shop business plan.

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How to open a bubble tea shop?

how to open a bubble tea shop

There's no doubt that starting a bubble tea shop requires a lot of work, but with expert planning, you'll be well on your way to creating a profitable business venture.

This guide will give you a low down on all of the major steps involved, from choosing a legal structure to creating a financial forecast and registering your business.

We will also walk you through the process of checking whether or not your idea can be viable given market conditions.

Let's embark on this exciting journey together!

In this guide:

Learn how a bubble tea shop works

  • Assemble your bubble tea shop's founding team
  • Undertake market research for a bubble tea shop
  • Choose the right concept and position your bubble tea shop on the market

Explore the ideal location to start your bubble tea shop

Decide on a legal form for your bubble tea shop, assess the startup costs for a bubble tea shop.

  • Create a sales & marketing plan for your bubble tea shop
  • Build your bubble tea shop's financial forecast
  • Choose a name and register your bubble tea shop
  • Develop your bubble tea shop's corporate identity

Navigate the legal and regulatory requirements for launching your bubble tea shop

Create a business plan for your bubble tea shop, raise the financing needed to launch your bubble tea shop.

  • Track your actuals against your forecast

Key takeaways

Before you can start a bubble tea shop, you need to have a solid understanding of how the business works and what are its main revenue streams.

This will give you a glimpse into the profitability potential of your venture, whilst allowing you to decide whether or not it is a good fit for your situation (current skill set, savings and capital available to start the business, and family responsibilities).

It may be that creating a bubble tea shop is an excellent idea, but just not the right one for you.

Before starting their own company, successful entrepreneurs typically:

  • Consult with and take advice from experienced bubble tea shop owners 
  • Acquire hands-on experience by working in an operational bubble tea shop

Take relevant training courses

Let's explore each option in a bit more detail.

Consulting with and taking advice from experienced bubble tea shop owners

Having "seen it all", established business owners can offer valuable insights and hands-on advice drawn from their own experiences.

This is because, through both successes and failures, they've gained a more informed and practical understanding of what it takes to build and sustain a successful bubble tea shop over the long term.

Acquiring hands-on experience by working in an operational bubble tea shop

If you want to open a bubble tea shop, having industry-specific experience is imperative because it equips you with the knowledge, network, and acumen necessary to navigate challenges and make informed decisions critical to the success of your future business.

You'll also be able to judge whether or not this business idea is suitable for you or if there might be conflicts of interest with your personal life (for example, long working hours could be incompatible with raising young children).

This work experience will also help you to make contacts in the industry and familiarise yourself with customers and their expectations, which will prove invaluable when you set up your bubble tea shop.

Taking a training course is another way of familiarising yourself with the business model of your future activity before you decide to make the jump.

You may choose to complete a training course to obtain a certificate or degree, or just take online courses to acquire practical skills.

Before going any further in setting up your venture

Before you go any further with your plans to open a bubble tea shop, make sure you have a clear vision of what it will take in terms of:

  • What skills are needed to run the business successfully (do you have some or all of these skills?)
  • What a standard working week looks like (does it suit your personal commitments?)
  • What sales potential and long-term growth prospects the bubble tea shop has (compare this with your level of ambition)
  • What options you'll have once you decide to retire (or move on and inevitably sell the company)

This analysis of the business model and the constraints of the business should help you to check that your idea of launching a bubble tea shop fits your entrepreneurial profile.

If there is a match, it will then be time to look at assembling the founding team of your business.

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What is the ideal founding team for my bubble tea shop?

The next step to opening your bubble tea shop, is to decide whether to assemble an ideal team or venture solo.

The failure rate for business start-ups is high: almost half don't make it past the five-year mark, and setting up a bubble tea shop is no exception.

Starting with a group of co-founders helps reduce this risk as each of you brings complementary skills and enables the financial risk to be spread on multiple shoulders.

However, managing a business with multiple partners comes with its own set of challenges. Disagreements among co-founders are quite prevalent, and they can pose risks to the business. That's why it's essential to carefully weigh all aspects before launching a business.

To help you think things through, we recommend that you ask yourself the following questions:

Do you need more co-founders for this venture?

Do you share the same vision and ambition as your potential partners for this project, what is your plan b.

Let's look at these issues in more detail.

To answer this question you will need to consider the following:

  • Are there any key skills missing for which you would rather have a business partner than recruit an employee?
  • Do we have enough equity? Would the company benefit from more capital at the outset?
  • Will the proposed number of founders make it easy to make decisions (an odd number of partners, or a majority partner, is generally recommended to avoid deadlock)?

In simple terms, co-founders bring skills, money, or both to the table. Having more partners is beneficial when there's a lack of either of these resources.

One of the main sources of conflict between co-founders comes from a lack of alignment on the long-term vision.

To avoid any risk of disagreement, it is advisable to agree on ambitions from the outset and to provide an exit mechanism for one of the partners in the event of disagreement.

We hope your bubble tea shop takes off and thrives, but it's smart to have a "plan B" just in case things don't go as expected.

How you tackle potential failure can vary broadly depending on the type of co-founders (close friend, spouse, ex-colleague, etc.) and the personal circumstances of each of them. 

For example, launching a family business with your spouse might seem exciting, but if it fails, you risk losing all of your household income at once, which might be stressful.

Likewise, starting a business with a friend might strain the friendship if things go wrong or if tough decisions need to be made.

Before diving in, make sure to thoroughly think about your choices. This way, you'll be ready for whatever might come your way when starting up.

Conducting market research for a bubble tea shop

The next step in launching a bubble tea shop is to carry out market research. Let's take a look at what this involves.

The objectives of market research

The objective here is very simple: to assess the level of demand for your business and whether there is an opportunity for it to thrive in your chosen location. 

The first step will be to check that the market is not saturated with competing offers and that there is room for a new player: your bubble tea shop.

Your market analysis will also help you identify a concept and market positioning that has every chance of being successful in your target market, thereby helping increase your business's chances of success.

Carrying out market research for your bubble tea shop will also enable you to better understand the expectations of your future customers and the most effective ways to communicate with them in your marketing plan.

Analyse key trends in the industry

Your market research should start with an industry analysis in order to gain a good understanding of the main players and current trends in your sector.

Once you've delved into the current state of the market, it will be time to assess what proportion of your target market can be seized by your bubble tea shop. To do this, you will need to consider both the demand and supply side of the market.

Assess the demand

After checking out the industry, let's shift our focus to figuring out what your potential customers want and how they like to buy.

A classic mistake made by first-time entrepreneurs is to assess demand on the global or national market instead of concentrating on their target market. Only the market share that can be captured by your company in the short term matters. 

Your demand analysis should seek to find answers to the following questions:

  • Who are your target customers?
  • How many are there?
  • What are their expectations?
  • What are their buying habits?
  • How much budget do they have?
  • What are the different customer segments and their characteristics?
  • What are the main distribution channels and means of communication for reaching each segment?

The aim of the demand analysis is to identify the customer segments that could be targeted by your bubble tea shop and what products and services you need to offer to meet their expectations.

Analyse the supply side

You will also have to familiarize yourself with the competing bubble tea shops on the market targeted by your future business.

Amongst other things, you’ll need to ask yourself:

  • Who are the main competitors?
  • How many competitors are already present?
  • Where are they located?
  • How many people do they employ?
  • What is their turnover?
  • How do they set their prices?
  • Are they small independent businesses or national players?
  • Do they seem to be in difficulty or are they flourishing? 
  • What is their market positioning?
  • What types of products and services do they offer?
  • What do customers seem to like about them?

The aim of the competitive analysis is to identify who your competitors will be and to gather information that will help you find a differentiating commercial positioning (more on that later in this guide).

Regulations

Conducting market research is also an opportunity to look at the regulations and conditions required to do business.

You should ask yourself the following questions:

  • Do you need to have a specific degree to open a bubble tea shop?
  • Do you need specific licences or permits?
  • What are the main regulations applicable to your future business?

Given that your project is at an early stage, your focus should be to clear that there are no roadblocks from a regulatory standpoint before you deep dive into the planning process.

Once your project is more advanced, you will have the opportunity to talk about regulation more in-depth with your lawyer.

Concluding your market research

By the time your market research is completed, you should have either:

  • Pinpointed an untapped business opportunity
  • Or arrived at the realisation that the market is saturated, prompting the search for alternative business ideas or models.

If the conclusion is that there is an opportunity in the market to cater to one or more customer segments currently overlooked by competitors, that's great!

Conversely, if you come to the conclusion that the market is already saturated, don’t panic! The good news is that you won’t spend several years working hard on a project that has little chance of success. There is no shortage of business ideas either - at The Business Plan Shop, we have identified more than 1,300 potential business ideas!

Don't start from scratch!

With dozens of business plan templates available, get a clear idea of what a complete business plan looks like

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How should I position my bubble tea shop on the market?

The next step to start your bubble tea shop is to define precisely the market positioning your company will adopt in order to capitalise on the opportunity identified during your market research.

Market positioning refers to the place your product and service offering occupies in customers' minds and how they differ from the competition. Being perceived as a low-cost solution, for example.

To find a concept and a market positioning that will resonate with your customers, you need to address the following issues: 

How can you differentiate yourself from your competitors?

Do you have the option of joining a franchise to reduce risk, is it better to start or buy a bubble tea shop already in operation, how will you validate your concept and market positioning before investing in the business.

Let's look at these aspects in more detail.

Opening a bubble tea shop means starting with a major disadvantage compared with competitors already active on the market. 

While you will have to create everything from scratch, your competitors already have everything in place.

Your competitors' teams know the business well, whereas yours has only just been recruited, their customers are loyal and they benefit from word of mouth that you don't yet have.

So you're going to need a solid plan to succeed in taking market share from your competitors and making your mark.

There are a number of aspects to consider in order to try to avoid direct confrontation if possible: 

  • Can you target a different customer base than your competitors?
  • Can you offer products or services that are different from or complementary to what your competitors already sell?
  • How will your competitors react to your bubble tea shop entering their market?
  • Can you build a sustainable competitive advantage that will enable you to compete with your current and future competitors?

A proven way of reducing the risk of your business venture is to join a franchise.

Joining a bubble tea shop franchise means you don't have to start from scratch. You benefit from the brand recognition of a group and support with operational processes, relations with suppliers, recruitment, etc.

On the flip side, being part of a franchise will restrict your personal freedom, and you'll have to pay an entry fee and an annual royalty (typically a percentage of your sales).

Nevertheless, where possible, starting up as a franchise is generally a good way of reducing risks, especially if you're up against competitors with well-known brands.  

Please note, however, that franchising opportunities vary from country to country and region to region, so there is no guarantee that you'll be able to find a franchise.

The other alternative to setting up a new independent business is to buy out and take over a bubble tea shop already in operation. 

Here too, a takeover is a good way of reducing the risk of your project compared with a pure start-up.

Taking over a business has two enormous advantages over setting up a new one: you start out on an equal footing with your competitors since you take over the team and the customer base, and you don't increase the supply on the market enabling you to maintain the existing balance on the market where the business operates.

However, as with franchising, the capital requirements for a takeover are higher because the business will have to be bought from its previous owners.

However you decide to set up your business, you will need to ensure that there is a good fit between what you sell and what customers are looking to buy.

To do this, you'll need to meet your target customers to present your products or services and check that they meet their expectations.

The next stage in our guide on how to start a bubble tea shop: choosing where to set up shop.

Setting up your business in the right location will have a direct impact on your chances of success, so it's a good idea to think things through before you launch.

To help you decide where to set up your business, we recommend considering the following factors:

  • Visibility and foot traffic: This is important for a bubble tea shop as it will attract potential customers and increase brand awareness.
  • Parking space, road and public transport accessibility: Customers may want to quickly and easily access the shop, especially if they are picking up a drink on their way to work or school. Adequate parking and public transportation options will make it more convenient for customers to visit the shop.
  • Proximity to target customers: It is important for the bubble tea shop to be located near its target customers, such as college campuses or shopping centers, to increase foot traffic and potential sales.
  • Competitor presence: It is important to consider the presence of other bubble tea shops in the area to avoid oversaturation and potential competition.

These criteria will need to be refined according to the specific features of your project.

After weighing the factors mentioned earlier, it's crucial to focus on your startup's budget. Look for a location that suits your business needs while being affordable, especially in the short term.

One of the issues that will also come up is the long-term future of your location, particularly if you opt to rent your premises rather than buy. In this case, you will need to consider the conditions for renewing the lease (duration, rent increases, etc.).

Lease agreements vary widely from country to country, so make sure you check the terms applicable to your situation and have your lawyer review your lease before you sign.

It's now time to think about the legal structure for your bubble tea shop.

The legal form of a business simply means the legal structure it operates under. This structure outlines how the business is set up and defines its legal obligations and responsibilities.

What are the most common legal structures?

Naturally, the names and intricacies of business structures differ by country. However, they typically fit into two main categories:

Individual businesses

Individual businesses are usually a good fit for self-employed individuals and freelancers who want limited administrative work. These types of entrepreneurs are commonly referred to as sole traders or sole proprietorships.

As mentioned above, the main benefit of being a sole trader is that minimal paperwork is required to launch and operate the business. Tax calculations are also relatively simple and annual accounts are not always required (and when they are, usually don't need to be audited) which saves a bit of time and money on bookkeeping and accounting fees.

Decision-making is also easy as the final decision is fully dependent on the sole trader (even if employees are hired).

However, being a sole trader also has drawbacks. The main disadvantage is that there is no separation between the individual running day-to-day operations and the business.

This means that if the business were to file for bankruptcy or legal disputes were to arise, the individual would be liable for any debts and their personal assets subsequently at risk. In essence, sole traders have unlimited liability.

This also means that profits earned by the business are usually taxed under the personal income tax category of the sole trader.

Another drawback is that sole traders might find it harder to finance their business. Debt (bank loan for example) is likely to be the only source of external financing given that the business doesn't have a share capital (effectively preventing equity investors from investing in their business).

Companies are more flexible and more robust than individual businesses. They are suitable for projects of all sizes and can be formed by one or more individuals, working on their own or with employees.

Unlike individual businesses, companies are recognised as distinct entities that have their own legal personality. Usually, there is also a limited liability which means that founders and investors cannot lose more than the capital they have invested into the business.

This means that there is a clear legal separation between the company and its owners (co-founders and investors), which protects the latter's personal assets in the event of legal disputes or bankruptcy.

Entrepreneurs using companies also gain the advantage of being able to attract equity investment by selling shares in the business.

As you can see companies offer better protection and more financing options, but this comes at a trade-off in terms of red-tape and complexity.

From a taxation perspective, companies are usually liable for corporation tax on their profits, and the income received by the owners running the business is taxed separately (like normal employees).

Normally, companies also have to produce annual accounts, which might have to be audited, and hold general assemblies, among other formalities.

How should I choose my bubble tea shop's legal setup?

Choosing the right legal setup is often simple once you figure out things like how many partners you'll have, if you hire employees, and how much money you expect to make.

Remember, a great business idea can work well no matter which legal structure you pick. Tax laws change often, so you shouldn't rely too much on getting specific tax benefits from a certain structure when getting started.

You could start by looking at the legal structures most commonly utilised by your competitors. As your idea evolves and you're ready to officially register your business, it's a good idea to confirm your choice using inputs from a lawyer and an accountant.

Can I switch my bubble tea shop's legal structure if I get it wrong?

Yes, you have the flexibility to change your legal setup later, which might include selling the existing one and adopting a new structure in certain situations. Keep in mind, though, that this restructuring comes with additional expenses, so making the right choice from the start is usually more cost-effective.

The next step in creating a bubble tea shop involves thinking about the equipment and staff needed for the business to operate.

After figuring out what you need for your business, your financial plan will reveal how much money you'll need to start and how much you might make (check below for more details).

Because every venture is distinctive, providing a reliable one-size-fits-all budget for launching a bubble tea shop without knowing the specifics of your project is not feasible.

Each project has its own particularities (size, concept, location), and only a forecast can show the exact amount required for the initial investment.

The first thing you'll need to consider is the equipment and investments you'll need to get your business up and running.

Startup costs and investments to launch your bubble tea shop

For a bubble tea shop, the initial working capital requirements (WCR) and investments could include the following elements:

  • Bubble Tea Machines: These are essential for making and serving bubble tea. Depending on the size of your shop and the volume of customers, you may need to invest in multiple machines such as a tea brewing machine, a tapioca pearl cooker, and a shaking machine.
  • Furniture and Fixtures: This includes tables, chairs, counters, shelves, and any other necessary furniture and fixtures to create a comfortable and functional space for your customers. You may also need to invest in a cash register, a display case for your drinks, and a refrigerator for storing ingredients.
  • Decor and Branding: The look and feel of your bubble tea shop is important for attracting customers and creating a memorable experience. This may include signage, menu boards, wall decals, and other decorative elements that reflect your brand and style.
  • Point-of-Sale System: A modern and efficient point-of-sale (POS) system is crucial for keeping track of sales, inventory, and customer data. This can include hardware such as a computer, a cash drawer, and a card reader, as well as software for processing transactions and generating reports.
  • Renovations and Buildout: If you are starting from scratch or renovating an existing space, you may need to budget for construction costs such as plumbing, electrical work, and flooring. This may also include permits and licenses required for operating a food and beverage business.

Of course, you will need to adapt this list to your business specificities.

Staffing plan of a bubble tea shop

In addition to equipment, you'll also need to consider the human resources required to run the bubble tea shop on a day-to-day basis.

The number of recruitments you need to plan will depend mainly on the size of your company.

Once again, this list is only indicative and will need to be adjusted according to the specifics of your bubble tea shop.

Other operating expenses for a bubble tea shop

While you're thinking about the resources you'll need, it's also a good time to start listing the operating costs you'll need to anticipate for your business.

The main operating costs for a bubble tea shop may include:

  • Staff Costs: This includes salaries, wages, and benefits for all your employees, including bubble tea baristas, kitchen staff, and managers.
  • Rent: The cost of renting the physical space for your bubble tea shop.
  • Utilities: This includes electricity, water, and gas expenses for your shop.
  • Ingredients: The cost of purchasing fresh fruits, milk, tea leaves, and other ingredients for your bubble tea drinks.
  • Packaging: The cost of cups, lids, straws, and other packaging materials for your bubble tea drinks.
  • Marketing and Advertising: The cost of promoting your bubble tea shop through various channels such as social media, flyers, and collaborations.
  • Accountancy Fees: The cost of hiring an accountant to manage your financial records and taxes.
  • Insurance: This includes liability insurance, property insurance, and workers' compensation insurance.
  • Software Licences: The cost of purchasing and renewing software licences for your point-of-sale system, accounting software, and other business tools.
  • Banking Fees: The cost of transaction fees, monthly account fees, and other charges from your bank.
  • Cleaning and Maintenance: The cost of hiring a cleaning service and maintaining equipment such as blenders and tea brewing machines.
  • Training and Development: The cost of training your staff and investing in their professional development.
  • Supplies: This includes napkins, stirrers, and other supplies needed for daily operations.
  • Licences and Permits: The cost of obtaining business licences and permits required to operate a bubble tea shop.
  • Credit Card Processing Fees: The cost of processing credit and debit card payments from customers.

Like for the other examples included in this guide, this list will need to be tailored to your business but should be a good starting point for your budget.

How will I promote my bubble tea shop's?

The next step to starting a bubble tea shop is to think about strategies that will help you attract and retain clients.

Consider the following questions: 

  • How will you attract as many customers as possible?
  • How will you build customer loyalty?
  • Who will be responsible for advertising and promotion? What budget can be allocated to these activities?
  • How many sales and how much revenue can that generate?

Once again, the resources required will depend on your ambitions and the size of your company. But you could potentially action the initiatives below.

Your bubble tea shop's sales plan will also be affected by variations in consumer demand, like changes in activity during peak holiday seasons, and the dynamics within your competitive environment.

Building your bubble tea shop's financial forecast

The next step to opening a bubble tea shop is to create your financial forecast.

What is a bubble tea shop financial forecast?

A bubble tea shop financial forecast is a forward-looking tool that projects the financial performance of your business over a specific period (usually 3 years for start-ups). 

A forecast looks at your business finances in detail - from income to operating costs and investments - to evaluate its expected profitability and future cash flows.

Building a financial forecast enables you to determine the precise amount of initial financing required to start your bubble tea shop.

There are many promising business ideas but very few are actually viable and making a financial forecast is the only way to ensure that your project holds up economically and financially.

financial projection for a bubble tea shop

Your financial forecast will also be part of your overall business plan (which we will detail in a later step), which is the document you will need to secure financing.

Financial forecasts are used to drive your bubble tea shop and make key decisions, both in the pre and post-launch phases:

  • Should we go ahead with the business or scrap the idea?
  • Should we hire staff or use an external service provider?
  • Which development project offers the best growth prospects?

Creating a financial forecast for starting a bubble tea shop is an iterative process as you will need to refine your numbers as your business idea matures. 

As your bubble tea shop grows, your forecasts will become more accurate. You will also need to test different scenarios to ensure that your business model holds true even if economic conditions deteriorate (lower sales than expected, difficulties in recruiting, sudden cost increases or equipment failure problems, for example).

Once you’ve launched your business, it will also be important to regularly compare your accounting data to your financial projections in order to keep your forecast up-to-date and maintain visibility on future cash flows.

What does a financial forecast look like?

Once ready, your bubble tea shop forecast will be presented using the financial tables below.

The forecasted profit & loss statement

The profit & loss forecast gives you a clear picture of your business’ expected growth over the first three to five years, and whether it’s likely to be profitable or not.

projected profit and loss statement for opening a bubble tea shop

The projected balance sheet

Your bubble tea shop's forecasted balance sheet enables you to assess your financial structure and working capital requirements.

example of bubble tea shop startup projected balance sheet

The projected cash flow statement

A projected cash flow statement to start a bubble tea shop is used to show how much cash the business is expected to generate or consume over the first three years.

bubble tea shop startup projected cash flow statement

What is the best financial forecasting tool for starting your bubble tea shop?

The simplest and easiest way to create your bubble tea shop's projections is to use professional online financial forecasting software such as the one we offer at The Business Plan Shop.

There are several advantages to using specialised software:

  • You can easily create your financial forecast by letting the software take care of the financial calculations for you without errors
  • You have access to complete financial forecast templates
  • You get a complete financial forecast ready to be sent to your bank or investors
  • The software helps you identify and correct any inconsistencies in your figures
  • You can create scenarios to stress-test your forecast's main assumptions to stress-test the robustness of your business model
  • After you start trading, you can easily track your actual financial performance against your financial forecast, and recalibrate your forecast to maintain visibility on your future cash flows
  • You have a friendly support team on standby to assist you when you are stuck

If you are interested in this type of solution, you can try our forecasting software for free by signing up here .

How do I choose a name and register my bubble tea shop?

Now that your project of launching a bubble tea shop is starting to take shape, it's time to look at the name of your business.  

Finding the name itself is generally fairly easy. The difficulty lies in registering it.

To prevent this guide from being too long, we won't go into all the criteria you need to take into account when choosing a striking name for your bubble tea shop. However, try to choose a name that is short and distinctive.

Once you have a name that you like, you need to check that it is available, because you cannot use a name that is identical or similar to that of a competitor: this type of parasitic behaviour is an act of unfair competition for which you risk being taken to court by your competitors.

To avoid any problems, you will need to check the availability of the name:

  • Your country's company register
  • With the trademark register
  • With a domain name reservation company such as GoDaddy
  • On an Internet search engine

If the desired name is available, you can start the registration process.

It is common to want to use the trading name as the name of the company, and to have a domain name and a registered trademark that also correspond to this name: Example ® (trading name protected by a registered trademark), Example LTD (legal name of the company), example.com (domain name used by the company).

The problem is that each of these names has to be registered with a different entity, and each entity has its own deadlines:

  • Registering a domain name is immediate
  • Registering a trademark usually takes at least 3 months (if your application is accepted)
  • The time taken to register a new business depends on the country, but it's generally quite fast

How do I go about it?

Well, you have two choices:

  • Complete all registrations at the same time and cross your fingers for a smooth process.
  • Make sure to secure the domain names and trademarks. Once that's done, wait for confirmation of a successful trademark registration before moving on to register the company.

At The Business Plan Shop, we believe it's essential to prioritize securing your domain names and trademarks over the business name. This is because you have the flexibility to use a different trading name than your legal business name if needed. 

Regardless, we suggest discussing this matter with your lawyer (see below in this guide) before making any decisions.

Deciding upon the corporate identity of your bubble tea shop

The next step in opening a bubble tea shop is to look at your company's visual identity. 

Your company's “visual identity” plays a crucial role in shaping your brand image. It helps you to be recognizable and to stand out from your competitors. 

Although you can define your visual identity yourself, it is generally advisable to call on the services of a designer or marketing agency to achieve a professional result.

At a minimum, you will need to define the following elements: 

Brand guidelines

Business cards, website theme.

Your bubble tea shop's logo allows others to quickly identify your company. It will be used on all your communication media (website, social networks, business cards, etc.) and official documents (invoices, contracts, etc.).

In addition to its design, it's important that your logo is available in a variety of colors, so that it can be seen on all media (white, dark background, etc.).

Having brand guidelines enables you to maintain consistency in formatting across all your communications media and official documents. 

Brand guidelines define the font (family and size), design and colours used by your brand. 

In terms of fonts, for example, you may use Roboto in size 20 for your titles and Lato in size 14 for your texts. 

The colours used to represent your brand should generally be limited to five: 

  • The main colour, 
  • A secondary colour (the accent),
  • A dark background colour (blue or black),
  • A grey background colour (to vary from white),
  • Possibly another secondary colour.

Designing business cards for your bubble tea shop is a must, as they will allow you to communicate your contact details to your customers, suppliers, partners, potential recruits, etc. 

In principle, they will include your logo and the brand guidelines that we mentioned above.

In the same way, the theme of your bubble tea shop website will be based on your logo and the brand guidelines we mentioned above.

This involves defining the look and feel of your site's main graphic elements:

The next thing to do in getting a bubble tea shop off the ground is to handle all the legal and regulatory requirements. We recommend that you be accompanied by a law firm for all of the steps outlined below.

Intellectual property

One of your priorities will be to ensure that your company's intellectual property is adequately protected.

As explained before, you can choose to register a trademark. Your lawyer can help you with a detailed search to make sure your chosen trademark is unique and doesn't clash with existing ones.

They'll assist in preparing the required documents and steer you in picking the right categories and locations for trademark registration.

Moreover, your lawyer can offer guidance on additional measures to protect other intellectual property assets your company may have.

Getting your bubble tea shop paperwork in order

For day-to-day operations, your bubble tea shop will need to rely on a set of contractual documents. 

Your exact needs in this respect will depend on the country in which you are launching your bubble tea shop, the number of partners and the envisaged size of the company. 

However, you will probably need at least the following documents:

  • Employment contracts 
  • General terms and conditions of sale
  • General terms and conditions of use for your website
  • Privacy Policy for your website
  • Cookie Policy for your website

Applying for licences and permits and registering for various taxes

Operating your business legally may require licences and business permits. The exact requirements applicable to your situation will depend on the country in which you set up your bubble tea shop.

The lawyers who advise you will also be able to guide you with regard to all the rules applicable to your business.

Similarly, your accountant will be able to help you take the necessary steps to comply with the tax authorities.

The next step to open a bubble tea shop: put together your business plan.

What is a business plan?

To keep it simple, a business plan comprises two crucial components:

  • Firstly, a numerical part, the financial forecast (which we mentioned earlier), which highlights the initial financing requirements and profitability potential of the bubble tea shop,
  • And a written, well-argued section that presents your project in detail, aims to convince the reader of its chances of success, and provides the context needed to assess whether the forecast is realistic or not.

The business plan will enable you to verify the coherence of your project, and ensure that the company can be profitable before incurring further costs. It will also help you convince business and financial partners.

As you can see, your business plan must be convincing and error-free.

How to write a business plan for a bubble tea shop?

Nowadays, the modern and most efficient way to write a bubble tea shop business plan is to use startup business plan software like the one we offer at The Business Plan Shop.

example of business plan to start a bubble tea shop made with The Business Plan Shop

Using The Business Plan Shop to create a business plan for abubble tea shop has several advantages :

  • You are guided through the writing process by detailed instructions and examples for each part of the plan
  • You can access a library of dozens of complete startup business plan samples and templates for inspiration
  • You get a professional business plan, formatted and ready to be sent to your bank or investors
  • You can create scenarios to stress test your forecast's main assumptions
  • You can easily track your actual financial performance against your financial forecast by importing accounting data
  • You can easily update your forecast as time goes by to maintain visibility on future cash flows

If you're interested in using this type of solution, you can try The Business Plan Shop for free by signing up here .

With your business plan in hand, you can tackle one of the final steps to open a bubble tea shop  business: the search for financing.

Raising the capital needed to launch your business will probably require a combination of equity and debt, which are the two types of financing available to companies.

Equity funding

Equity is the sum of money invested in a bubble tea shop by both founders and investors.

Equity is a key factor in business start-ups. Should the project fail, the sums invested in equity are likely to be lost; these sums therefore enable the founders to send a strong signal to their commercial and financial partners as to their conviction in the project's chances of success.

In terms of return on investment, equity investors can either receive dividends from the company (provided it is profitable) or realize capital gains by selling their shares (provided a buyer is interested in the company).

Equity providers are therefore in a very risky position. They can lose everything in the event of bankruptcy, and will only see a return on their investment if the company is profitable or resold. On the other hand, they can generate a very high return if the project is a success.

Given their position, equity investors look for start-up projects with sufficient growth and profitability potential to offset their risk.

From a technical standpoint, equity includes:

  • Share capital and premiums: which represent the amount invested by the shareholders. This capital is considered permanent as it is non-refundable. In return for their investment, shareholders receive shares that entitle them to information, decision-making power (voting in general assembly), and the potential to receive a portion of any dividends distributed by the company.
  • Director loans: these are examples of non-permanent capital advanced to the company by the shareholders. This is a more flexible way of injecting some liquidity into your company as you can repay director loans at any time.
  • Reserves: these represent the share of profits set aside to strengthen the company's equity. Allocating a percentage of your profits to the reserves can be mandatory in certain cases (legal or statutory requirement depending on the legal form of your company). Once allocated in reserves, these profits can no longer be distributed as dividends.
  • Investment grants: which represent any non-refundable amounts received by the company to help it invest in long-term assets.
  • Other equity: which includes the equity items which don't fit in the other categories. Mostly convertible or derivative instruments. For a small business, it is likely that you won't have any other equity items.

The main sources of equity are as follows:

  • Contributions made by the owners.
  • Private investors: business angels, friends and family.
  • Crowdfunding: raising funds by involving a group of people through campaigns where they contribute money or make donations, often getting something in return for their support.
  • Start-up aid, e.g. government loans to help founders build up their start-up capital.

Debt financing

Debt is the other way of financing companies. Unlike equity, debt offers lenders a limited, contractually guaranteed return on their investment.

Your bubble tea shop undertakes to pay lenders' interest and repay the capital borrowed according to a pre-agreed schedule. Lenders are therefore making money whether or not your company makes a profit.

As a result, the only risk lenders take is that of your bubble tea shop going bankrupt, so they're extremely conservative and will want to see prudent, hands-on management of the company's finances.

From the point of view of the company and all its stakeholders (workforce, customers, suppliers, etc.), the company's contractual obligation to repay lenders increases the risk for all. As a result, there is a certain caution towards companies which are too heavily indebted.

Businesses can borrow debt in two main ways:

  • Against assets: this is the most common way of borrowing. The bank funds a percentage of the price of an asset (a vehicle or a building, for example) and takes the asset as collateral. If the business cannot repay the loan, the bank takes the asset and sells it to reduce losses.
  • Against cash flows: the bank looks at how much profit and cash flow the business expects to make in the future. Based on these projections, it assigns a credit risk to the business and decides how much the business can borrow and under what terms (amount, interest rate, and duration of the loan).

It's difficult to borrow against future cash flows when you're starting a bubble tea shop, because the business doesn't yet have historical data to reassure about the credibility of cash flow forecast.

Borrowing to finance a portion of equipment purchases is therefore often the only option available to founders. The assets that can be financed with this option must also be easy to resell, in the unfortunate event that the bank is forced to seize them, which could limit your options even further.

As far as possible sources of borrowing are concerned, the main ones here are banks and credit institutions. Bear in mind, however, that each institution is different, in terms of the risk it is prepared to accept, what it is willing to finance, and how the risk of your project will be perceived.

In some countries, it is also possible to borrow from private investors (directly or via crowdfunding platforms) or other companies, but not everywhere.

Key points about financing your bubble tea shop

Multiple solutions are available to help you raise the initial financing you need to open your bubble tea shop. A minimum amount of equity will be needed to give the project credibility, and bank financing can be sought to complete the financing.

Launching your bubble tea shop and monitoring progress against your forecast

Once you’ve secured financing, you will finally be ready to launch your bubble tea shop. Congratulations! 

Celebrate the launch of your business and acknowledge the hard work that brought you here, but remember, this is where the real work begins. 

As you know, 50% of business start-ups do not pass the five-year mark. Your priority will be to do everything to secure your business's future. 

To do this, it is key to keep an eye on your business plan to ensure that you are on track to achieve your goals.

No one can predict the future with certainty, so it’s likely that your bubble tea shop's financial performance will differ from what you predicted in your forecast.

This is why it is recommended to make several forecasts: 

  • A base case (most likely)
  • An optimistic scenario
  • And a pessimistic scenario to test the robustness of your financial model

If you follow this approach, your numbers will hopefully be better than your optimistic case and you can consider accelerating your expansion plans. That’s what we wish you anyway!

If, unfortunately, your figures are below your base case (or worse than your pessimistic case), you will need to quickly put in place corrective actions, or consider stopping the activity. 

The key, in terms of decision-making, is to regularly compare your real accounting data to your bubble tea shop's forecast to: 

  • Measure the discrepancies and promptly identify where the variances with your base case come from
  • Adjust your financial forecast as the year progresses to maintain visibility on future cash flow and cash position

There is nothing worse than waiting for your accountant to prepare your year-end accounts, which can take several months after the end of your financial year (up to nine months in the UK for example), to realise that the performance over the past year was well below the your base case and that your bubble tea shop will not have enough cash to keep running over the next twelve months.

This is why using a financial forecasting solution that integrates with accounting software and offers actuals vs. forecast tracking out of the box, like the financial dashboards we offer at The Business Plan Shop , greatly facilitates the task and significantly reduces the risk associated with starting a business.

  • To open a bubble tea shop you need to go through each of the 15 steps we have outlined in this guide.
  • The financial forecast is the tool that will enable you to check that your project can be profitable and to estimate the investment and initial financing requirements.
  • The business plan is the document that your financial partners will ask you to produce when seeking finance.
  • Once you have started trading, it will be essential to keep your financial forecasts up to date in order to maintain visibility of the future cash flow of your bubble tea shop.
  • Leveraging a financial planning and analysis platform that seamlessly integrates forecasts, business plans, and real-time performance monitoring — like The Business Plan Shop — simplifies the process and mitigates risks associated with launching a business.

We hope this practical guide has given you a better understanding of how to open a bubble tea shop. Please do not hesitate to contact our team if you have any questions or if you would like to share your experience of setting up your own business.

Also on The Business Plan Shop

  • Start-up business plan templates

Do you know someone who is thinking about opening a bubble tea shop? Share our guide with them!

Guillaume Le Brouster

Founder & CEO at The Business Plan Shop Ltd

Guillaume Le Brouster is a seasoned entrepreneur and financier.

Guillaume has been an entrepreneur for more than a decade and has first-hand experience of starting, running, and growing a successful business.

Prior to being a business owner, Guillaume worked in investment banking and private equity, where he spent most of his time creating complex financial forecasts, writing business plans, and analysing financial statements to make financing and investment decisions.

Guillaume holds a Master's Degree in Finance from ESCP Business School and a Bachelor of Science in Business & Management from Paris Dauphine University.

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Tea Shop Business Plan

business plan for bubble tea shop

Free Business Plan Template

Download our Free Business Plan Template now and pave the way to success. Let’s turn your vision into an actionable strategy!

  • Fill in the blanks – Outline
  • Financial Tables

How to Write a Tea Shop Business Plan?

Writing a tea shop business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:

1. Executive Summary

An executive summary is the first section planned to offer an overview of the entire business plan. However, it is written after the entire business plan is ready and summarizes each section of your plan.

Here are a few key components to include in your executive summary:

Introduce your Business:

  • This section may include the name of your tea shop, its location, when it was founded, the type of tea business (E.g., tea cafe, tea bar, loose tea leaf shop), etc.

Market opportunity:

  • For instance, you may include tea varieties, tea beverages, and tea blends as products and mention an extensive collection of ready-to-drink tea and specialty tea as some of your USPs.

Marketing & Sales Strategies:

Financial highlights:, call to action:.

Ensure your executive summary is clear, concise, easy to understand, and jargon-free.

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business plan for bubble tea shop

2. Business Overview

The business overview section of your business plan offers detailed information about your company. The details you add will depend on how important they are to your business. Yet, business name, location, business history, and future goals are some of the foundational elements you must consider adding to this section:

Business Description:

  • Tea lounge/ bar
  • Loose tea leaf shop
  • Online tea store
  • Explain where your business is located and why you selected the place.

Mission Statement:

Business history:.

  • Additionally, If you have received any awards or recognition for excellent work, describe them.

Future Goals:

This section should provide a thorough understanding of your business, its history, and its future plans. Keep this section engaging, precise, and to the point.

3. Market Analysis

The market analysis section of your business plan should offer a thorough understanding of the industry with the target market, competitors, and growth opportunities. You should include the following components in this section.

Target market:

  • For instance, health-conscious individuals, millennials, and Gen Z would be an ideal target audience for a ready-to-drink tea business.

Market size and growth potential:

  • For instance, the US RTD (ready-to-drink) tea market was $2.19 billion huge in 2020. The market is expected to grow tremendously in the upcoming years. It is therefore crucial that you determine your segment in market size and its potential growth.

Competitive Analysis:

Market trends:.

  • For instance, premium artisanal tea has a booming market; explain how you plan on dealing with this potential growth opportunity.

Regulatory Environment:

Here are a few tips for writing the market analysis section of your tea room business plan:

  • Conduct market research, industry reports, and surveys to gather data.
  • Provide specific and detailed information whenever possible.
  • Illustrate your points with charts and graphs.
  • Write your business plan keeping your target audience in mind.

4. Tea Products

The product and services section should describe the specific services and products that will be offered to customers. To write this section should include the following:

Tea Selection:

Mention all sorts of tea assortments your tea shop will offer. This includes

  • Classic Milk Tea
  • Specialty flavors
  • Ready-to-drink tea flavors
  • Artisanal tea

Food pairings & Snacks:

Tea accessories:, quality measures:.

  • This may include sourcing the best quality tea, consistent brewing methods, quality control checks, and regular training of staff.

Additional Services:

In short, this section of your tea shop plan must be informative, precise, and client-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.

5. Sales And Marketing Strategies

Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:

Unique Selling Proposition (USP):

  • For example, high-quality ingredients, a wide assorted tea collection, and custom tea blending could be some of the great USPs for a specialty tea shop.

Pricing Strategy:

Marketing strategies:, sales strategies:, customer retention:.

Overall, this section of your tea shop business plan should focus on customer acquisition and retention.

Have a specific, realistic, and data-driven approach while planning sales and marketing strategies for your tea shop, and be prepared to adapt or make strategic changes in your strategies based on feedback and results.

6. Operations Plan

The operations plan section of your business plan should outline the processes and procedures involved in your business operations, such as staffing requirements and operational processes. Here are a few components to add to your operations plan:

Staffing & Training:

Operational process:, equipment & appliances:.

  • Explain how these technologies help you maintain quality standards and improve the efficiency of your business operations.

Adding these components to your operations plan will help you lay out your business operations, which will eventually help you manage your business effectively.

7. Management Team

The management team section provides an overview of your tea shop’s management team. This section should provide a detailed description of each manager’s experience and qualifications, as well as their responsibilities and roles.

Founders/CEO:

Key managers:.

  • It should include, key executives(e.g. COO, CMO.), senior management, and other department managers (e.g. operations manager, customer services manager.) involved in the tea shop operations, including their education, professional background, and any relevant experience in the tea industry.

Organizational structure:

Compensation plan:, advisors/consultants:.

  • So, if you have any advisors or consultants, include them with their names and brief information consisting of roles and years of experience.

This section should describe the key personnel for your tea shop, highlighting how you have the perfect team to succeed.

8. Financial Plan

Your financial plan section should provide a summary of your business’s financial projections for the first few years. Here are some key elements to include in your financial plan:

Profit & loss statement:

Cash flow statement:, balance sheet:, break-even point:.

  • This exercise will help you understand how much revenue you need to generate to sustain or be profitable.

Financing needs:

Be realistic with your financial projections, and make sure you offer relevant information and evidence to support your estimates.

9. Appendix

The appendix section of your plan should include any additional information supporting your business plan’s main content, such as market research, legal documentation, financial statements, and other relevant information.

  • Add a table of contents for the appendix section to help readers easily find specific information or sections.
  • In addition to your financial statements, provide additional financial documents like tax returns, a list of assets within the business, credit history, and more. These statements must be the latest and offer financial projections for at least the first three or five years of business operations.
  • Provide data derived from market research, including stats about the tea shop industry, user demographics, and industry trends.
  • Include any legal documents such as permits, licenses, and contracts.
  • Include any additional documentation related to your business plan, such as product brochures, marketing materials, operational procedures, etc.

Use clear headings and labels for each section of the appendix so that readers can easily find the necessary information.

Remember, the appendix section of your tea shop business plan should only include relevant and important information supporting your plan’s main content.

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This sample tea shop business plan will provide an idea for writing a successful tea shop plan, including all the essential components of your business.

After this, if you still need clarification about writing an investment-ready business plan to impress your audience, download our tea shop business plan pdf .

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Frequently asked questions, why do you need a tea shop business plan.

A business plan is an essential tool for anyone looking to start or run a successful tea shop. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your business.

Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your tea shop.

How to get funding for your tea shop business?

There are several ways to get funding for your tea shop, but self-funding is one of the most efficient and speedy funding options. Other options for funding are:

  • Bank loan – You may apply for a loan in government or private banks.
  • Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
  • Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your business, usually online.
  • Angel investors – Getting funds from angel investors is one of the most sought startup options.

Apart from all these options, there are small business grants available, check for the same in your location and you can apply for it.

Where to find business plan writers for your tea shop business?

There are many business plan writers available, but no one knows your business and ideas better than you, so we recommend you write your tea shop business plan and outline your vision as you have in your mind.

What is the easiest way to write your tea shop business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any tea shop business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business plan software .

What key components should a tea shop business plan include?

The following are the key components your tea shop business plan must include:

  • Executive summary
  • Business Overview
  • Market Analysis
  • Products and services
  • Sales and marketing strategies
  • Operations plan
  • Management team
  • Financial plan

What's the importance of a marketing strategy in a tea shop business plan?

Marketing strategy is a key component of your tea shop business plan. Whether it is about achieving certain business goals or helping your investors understand your plan to maximize their return on investment—an impactful marketing strategy is the way to do it!

Here are a few pointers to help you understand the importance of having an impactful marketing strategy:

  • It provides your business an edge over your competitors.
  • It helps investors better understand your business and growth potential.
  • It helps you develop products with the best profit potential.
  • It helps you set accurate pricing for your products or services.

About the Author

business plan for bubble tea shop

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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  • Real estate rental agencies Leads in Moscow Oblast
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  • Pizza deliveries Leads in Moscow Oblast
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  • Vista points Leads in Moscow Oblast
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  • Car security system installers Leads in Moscow Oblast
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  • Key Duplication Shops Leads in Moscow Oblast
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  • Suzuki dealers Leads in Moscow Oblast
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  • Digital printers Leads in Moscow Oblast
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  • Hobby stores Leads in Moscow Oblast
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  • Novelty stores Leads in Moscow Oblast
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  • Tobacco shops Leads in Moscow Oblast
  • Memorial parks Leads in Moscow Oblast
  • Fountains Leads in Moscow Oblast
  • Monument makers Leads in Moscow Oblast
  • Monuments Leads in Moscow Oblast
  • Cremation Grounds Leads in Moscow Oblast
  • Alternative medicine practitioners Leads in Moscow Oblast
  • Holistic medicine practitioners Leads in Moscow Oblast
  • Tea Wholesalers Leads in Moscow Oblast
  • Coffee roasters Leads in Moscow Oblast
  • Spices Wholesalers Leads in Moscow Oblast
  • Coffee stands Leads in Moscow Oblast
  • Air compressor suppliers Leads in Moscow Oblast
  • Passport photo processors Leads in Moscow Oblast
  • Employment search services Leads in Moscow Oblast
  • Internet shops Leads in Moscow Oblast
  • Flea markets Leads in Moscow Oblast
  • Trailer supply stores Leads in Moscow Oblast
  • Computer Wholesalers Leads in Moscow Oblast
  • Chinaware stores Leads in Moscow Oblast
  • Orthodontists Leads in Moscow Oblast
  • Teeth whitening services Leads in Moscow Oblast
  • Gated communities Leads in Moscow Oblast
  • Bilingual schools Leads in Moscow Oblast
  • City district offices Leads in Moscow Oblast
  • Church of Christ Leads in Moscow Oblast
  • Oil change services Leads in Moscow Oblast
  • Brake shops Leads in Moscow Oblast
  • Engine Rebuilding Service Stations Leads in Moscow Oblast
  • Auto body parts suppliers Leads in Moscow Oblast
  • Motorcycle parts stores Leads in Moscow Oblast
  • Auto insurance agencies Leads in Moscow Oblast
  • RV supply stores Leads in Moscow Oblast
  • Water treatment plants Leads in Moscow Oblast
  • Garbage dumps Leads in Moscow Oblast
  • Bays Leads in Moscow Oblast
  • Sports memorabilia stores Leads in Moscow Oblast
  • Coin dealers Leads in Moscow Oblast
  • Gold dealers Leads in Moscow Oblast
  • Estate liquidators Leads in Moscow Oblast
  • Stamp shops Leads in Moscow Oblast
  • Appraisers Leads in Moscow Oblast
  • Motorsports stores Leads in Moscow Oblast
  • Harley-Davidson dealers Leads in Moscow Oblast
  • Clock repair services Leads in Moscow Oblast
  • Indian takeaways Leads in Moscow Oblast
  • Animal feed stores Leads in Moscow Oblast
  • Agricultures Leads in Moscow Oblast
  • Discount supermarkets Leads in Moscow Oblast
  • Poultry farms Leads in Moscow Oblast
  • Charter schools Leads in Moscow Oblast
  • Banquet halls Leads in Moscow Oblast
  • District offices Leads in Moscow Oblast
  • Department of education Leads in Moscow Oblast
  • Voter registration offices Leads in Moscow Oblast
  • CBSE Schools Leads in Moscow Oblast
  • Montessori schools Leads in Moscow Oblast
  • Produce markets Leads in Moscow Oblast
  • Food producers Leads in Moscow Oblast
  • Organic food stores Leads in Moscow Oblast
  • Occupational therapists Leads in Moscow Oblast
  • Child psychologists Leads in Moscow Oblast
  • Family counselors Leads in Moscow Oblast
  • Title companies Leads in Moscow Oblast
  • Sports injury clinics Leads in Moscow Oblast
  • Children's health services Leads in Moscow Oblast
  • Agricultural service supply agencies Leads in Moscow Oblast
  • Fertilizer Stores Leads in Moscow Oblast
  • Lakes Leads in Moscow Oblast
  • Waters Leads in Moscow Oblast
  • Reservoirs Leads in Moscow Oblast
  • Nature preserves Leads in Moscow Oblast
  • Dams Leads in Moscow Oblast
  • Waterfalls Leads in Moscow Oblast
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  • Caves Leads in Moscow Oblast
  • Mountain peaks Leads in Moscow Oblast
  • Pie shops Leads in Moscow Oblast
  • Wedding bakeries Leads in Moscow Oblast
  • Cupcake shops Leads in Moscow Oblast
  • Confectioneries Leads in Moscow Oblast
  • Fruit and vegetable wholesalers Leads in Moscow Oblast
  • Rowing clubs Leads in Moscow Oblast
  • Badminton clubs Leads in Moscow Oblast
  • Art museums Leads in Moscow Oblast
  • Local history museums Leads in Moscow Oblast
  • Eclectic restaurants Leads in Moscow Oblast
  • Animal rescue services Leads in Moscow Oblast
  • Animal hospitals Leads in Moscow Oblast
  • Pet friendly accommodations Leads in Moscow Oblast
  • Dog walkers Leads in Moscow Oblast
  • Pet cares Leads in Moscow Oblast
  • Rescue squads Leads in Moscow Oblast
  • Real estate attorneys Leads in Moscow Oblast
  • Insurances Leads in Moscow Oblast
  • Metal suppliers Leads in Moscow Oblast
  • Dental implants periodontists Leads in Moscow Oblast
  • X-ray labs Leads in Moscow Oblast
  • Pain control clinics Leads in Moscow Oblast
  • Endodontists Leads in Moscow Oblast
  • Shop supermarket furniture stores Leads in Moscow Oblast
  • Teacher colleges Leads in Moscow Oblast
  • Animal control services Leads in Moscow Oblast
  • Boarding schools Leads in Moscow Oblast
  • Sheet music stores Leads in Moscow Oblast
  • Piano repair services Leads in Moscow Oblast
  • Piano stores Leads in Moscow Oblast
  • Plazas Leads in Moscow Oblast
  • Live music bars Leads in Moscow Oblast
  • Sofa stores Leads in Moscow Oblast
  • Mobile hairdressers Leads in Moscow Oblast
  • Adult entertainment stores Leads in Moscow Oblast
  • Refrigerator stores Leads in Moscow Oblast
  • Medical spas Leads in Moscow Oblast
  • Tanning salons Leads in Moscow Oblast
  • Health spas Leads in Moscow Oblast
  • Thai massage therapists Leads in Moscow Oblast
  • Massage spas Leads in Moscow Oblast
  • Facial spas Leads in Moscow Oblast
  • Spa and health clubs Leads in Moscow Oblast
  • Podiatrists Leads in Moscow Oblast
  • Kinesiologists Leads in Moscow Oblast
  • Food banks Leads in Moscow Oblast
  • Pentecostal churches Leads in Moscow Oblast
  • Food courts Leads in Moscow Oblast
  • Home help service agencies Leads in Moscow Oblast
  • Students support associations Leads in Moscow Oblast
  • Wineries Leads in Moscow Oblast
  • Clothings Leads in Moscow Oblast
  • Internet cafes Leads in Moscow Oblast
  • Greeting card shops Leads in Moscow Oblast
  • T-shirt stores Leads in Moscow Oblast
  • Fabric product manufacturers Leads in Moscow Oblast
  • Wallpaper stores Leads in Moscow Oblast
  • Knit shops Leads in Moscow Oblast
  • Hunting and fishing stores Leads in Moscow Oblast
  • Metallurgy companies Leads in Moscow Oblast
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  • Food manufacturing supplies Leads in Moscow Oblast
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  • Agricultural productions Leads in Moscow Oblast
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  • Furnace repair services Leads in Moscow Oblast
  • Lighting contractors Leads in Moscow Oblast
  • Propane suppliers Leads in Moscow Oblast
  • Air conditioning repair services Leads in Moscow Oblast
  • Steel framework contractors Leads in Moscow Oblast
  • Battery Manufacturers Leads in Moscow Oblast
  • Beauty Products Wholesalers Leads in Moscow Oblast
  • Military bases Leads in Moscow Oblast
  • Butcher shop delis Leads in Moscow Oblast
  • Popcorn stores Leads in Moscow Oblast
  • Chocolate cafes Leads in Moscow Oblast
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  • Grocery delivery services Leads in Moscow Oblast
  • Family service centers Leads in Moscow Oblast
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  • Tractor dealers Leads in Moscow Oblast
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  • Pen stores Leads in Moscow Oblast
  • House clearance services Leads in Moscow Oblast
  • Taxis Leads in Moscow Oblast
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  • Electric utility companies Leads in Moscow Oblast
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  • Industrial areas Leads in Moscow Oblast
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  • Eyelash salons Leads in Moscow Oblast
  • Cosmetic Products Manufacturers Leads in Moscow Oblast
  • Heating oil suppliers Leads in Moscow Oblast
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  • Ministry of Education Leads in Moscow Oblast
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  • After school programs Leads in Moscow Oblast
  • Racecourses Leads in Moscow Oblast
  • Tyre manufacturers Leads in Moscow Oblast
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  • Equipment Exporters Leads in Moscow Oblast
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  • Scientific equipment suppliers Leads in Moscow Oblast
  • Hay suppliers Leads in Moscow Oblast
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  • Rice mills Leads in Moscow Oblast
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  • Metal industry suppliers Leads in Moscow Oblast
  • Paint Manufacturers Leads in Moscow Oblast
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  • Marble contractors Leads in Moscow Oblast
  • Aromatherapy supply stores Leads in Moscow Oblast
  • Mining equipment Leads in Moscow Oblast
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  • Handicrafts Wholesalers Leads in Moscow Oblast
  • Wool stores Leads in Moscow Oblast
  • Occupational medical physicians Leads in Moscow Oblast
  • Physiotherapy Centers Leads in Moscow Oblast
  • Real estate appraisers Leads in Moscow Oblast
  • Hotel supply stores Leads in Moscow Oblast
  • Electrical substations Leads in Moscow Oblast
  • Auto wreckers Leads in Moscow Oblast
  • Home automation companies Leads in Moscow Oblast
  • First aid stations Leads in Moscow Oblast
  • Construction machine dealers Leads in Moscow Oblast
  • Tattoo artists Leads in Moscow Oblast
  • Cosmetics industries Leads in Moscow Oblast
  • Temp agencies Leads in Moscow Oblast
  • Transmission shops Leads in Moscow Oblast
  • Soul food restaurants Leads in Moscow Oblast
  • Drilling equipment suppliers Leads in Moscow Oblast
  • Oil field equipment suppliers Leads in Moscow Oblast
  • Alcoholic beverage wholesalers Leads in Moscow Oblast
  • Diesel engine repair services Leads in Moscow Oblast
  • Commercial refrigerator suppliers Leads in Moscow Oblast
  • Department of motor vehicles Leads in Moscow Oblast
  • Motor vehicle dealers Leads in Moscow Oblast
  • Self defense schools Leads in Moscow Oblast
  • Aerobics Class Leads in Moscow Oblast
  • Indoor cyclings Leads in Moscow Oblast
  • Figurine shops Leads in Moscow Oblast
  • Curtain supplier and makers Leads in Moscow Oblast
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  • Decal suppliers Leads in Moscow Oblast
  • Public safety offices Leads in Moscow Oblast
  • Food and drinks Leads in Moscow Oblast
  • Gas engineers Leads in Moscow Oblast
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  • Car inspection stations Leads in Moscow Oblast
  • Boiler suppliers Leads in Moscow Oblast
  • Portable building manufacturers Leads in Moscow Oblast
  • Debris removal services Leads in Moscow Oblast
  • Wedding services Leads in Moscow Oblast
  • Russian restaurants Leads in Moscow Oblast
  • Swimming basins Leads in Moscow Oblast
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  • Recreations Leads in Moscow Oblast
  • Public works departments Leads in Moscow Oblast
  • Ecological parks Leads in Moscow Oblast
  • Concert halls Leads in Moscow Oblast
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  • Chinese tea houses Leads in Moscow Oblast
  • Distilleries Leads in Moscow Oblast
  • Religious institutions Leads in Moscow Oblast
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  • Religious destinations Leads in Moscow Oblast
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  • Evangelical churches Leads in Moscow Oblast
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  • Religious schools Leads in Moscow Oblast
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  • Chapels Leads in Moscow Oblast
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  • Thermal Energy Companies Leads in Moscow Oblast
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  • Information services Leads in Moscow Oblast
  • Poster stores Leads in Moscow Oblast
  • Media Consultants Leads in Moscow Oblast
  • Urologists Leads in Moscow Oblast
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  • Internists Leads in Moscow Oblast
  • Oncologists Leads in Moscow Oblast
  • Ophthalmologists Leads in Moscow Oblast
  • Elevator Manufacturers Leads in Moscow Oblast
  • Ranches Leads in Moscow Oblast
  • Adventure sports Leads in Moscow Oblast
  • Fairgrounds Leads in Moscow Oblast
  • Dairy farms Leads in Moscow Oblast
  • Miniatures stores Leads in Moscow Oblast
  • CD stores Leads in Moscow Oblast
  • Art handcraft Leads in Moscow Oblast
  • Jewelry Exporters Leads in Moscow Oblast
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  • Meat packers Leads in Moscow Oblast
  • Charcuteries Leads in Moscow Oblast
  • Sports card stores Leads in Moscow Oblast
  • Comic book stores Leads in Moscow Oblast
  • Barrel suppliers Leads in Moscow Oblast
  • Public beaches Leads in Moscow Oblast
  • Outdoor furniture stores Leads in Moscow Oblast
  • Municipal administration offices Leads in Moscow Oblast
  • Donations centers Leads in Moscow Oblast
  • Portable toilet suppliers Leads in Moscow Oblast
  • Swimwear stores Leads in Moscow Oblast
  • Wholesale plant nurseries Leads in Moscow Oblast
  • Small appliance repair services Leads in Moscow Oblast
  • Appliances customer services Leads in Moscow Oblast
  • Wheel stores Leads in Moscow Oblast
  • Disability equipment suppliers Leads in Moscow Oblast
  • Mountain ranges Leads in Moscow Oblast
  • Islands Leads in Moscow Oblast
  • Forklift dealers Leads in Moscow Oblast
  • School administrators Leads in Moscow Oblast
  • Childrens farms Leads in Moscow Oblast
  • Herb shops Leads in Moscow Oblast
  • Energy suppliers Leads in Moscow Oblast
  • Mills Leads in Moscow Oblast
  • Archery stores Leads in Moscow Oblast
  • Shower door shops Leads in Moscow Oblast
  • Glass shops Leads in Moscow Oblast
  • Opticians Leads in Moscow Oblast
  • Auto Accessories Stores Leads in Moscow Oblast
  • Steel erectors Leads in Moscow Oblast
  • Stair contractors Leads in Moscow Oblast
  • Pond supply stores Leads in Moscow Oblast
  • Wholesale grocers Leads in Moscow Oblast
  • Greengrocers Leads in Moscow Oblast
  • Wholesale florists Leads in Moscow Oblast
  • Agricultural Product Wholesalers Leads in Moscow Oblast
  • Frozen food stores Leads in Moscow Oblast
  • Firewood suppliers Leads in Moscow Oblast
  • Dry Fruit Stores Leads in Moscow Oblast
  • Envelope suppliers Leads in Moscow Oblast
  • Auto upholsterers Leads in Moscow Oblast
  • Curtain stores Leads in Moscow Oblast
  • PVC windows suppliers Leads in Moscow Oblast
  • Veterinary cares Leads in Moscow Oblast
  • Catteries Leads in Moscow Oblast
  • Emergency veterinarian services Leads in Moscow Oblast
  • Pet care services Leads in Moscow Oblast
  • Glass cutting services Leads in Moscow Oblast
  • Water works Leads in Moscow Oblast
  • Protective clothing suppliers Leads in Moscow Oblast
  • Metal machinery suppliers Leads in Moscow Oblast
  • Truck accessories stores Leads in Moscow Oblast
  • Insulation contractors Leads in Moscow Oblast
  • RV repair shops Leads in Moscow Oblast
  • Fishing charters Leads in Moscow Oblast
  • Outdoor activity organisers Leads in Moscow Oblast
  • Cruise agencies Leads in Moscow Oblast
  • Fireworks Suppliers Leads in Moscow Oblast
  • Dry wall contractors Leads in Moscow Oblast
  • Martial arts supply stores Leads in Moscow Oblast
  • Business administration services Leads in Moscow Oblast
  • Rest stops Leads in Moscow Oblast
  • Farmstays Leads in Moscow Oblast
  • Free clinics Leads in Moscow Oblast
  • Public medical centers Leads in Moscow Oblast
  • Herbal medicine stores Leads in Moscow Oblast
  • Rheumatologists Leads in Moscow Oblast
  • Plastic surgery clinics Leads in Moscow Oblast
  • Pediatricians Leads in Moscow Oblast
  • Bus depots Leads in Moscow Oblast
  • Sightseeing Tour Operators Leads in Moscow Oblast
  • School houses Leads in Moscow Oblast
  • State office of education Leads in Moscow Oblast
  • Massage supply stores Leads in Moscow Oblast
  • Luggage stores Leads in Moscow Oblast
  • Honey farms Leads in Moscow Oblast
  • Electrical repair shops Leads in Moscow Oblast
  • Computer Networking Centers Leads in Moscow Oblast
  • Fruit and vegetable processings Leads in Moscow Oblast
  • Confectionery wholesalers Leads in Moscow Oblast
  • Gift basket stores Leads in Moscow Oblast
  • Monogramming services Leads in Moscow Oblast
  • Futon stores Leads in Moscow Oblast
  • Science museums Leads in Moscow Oblast
  • Pine furniture shops Leads in Moscow Oblast
  • Furnitures Leads in Moscow Oblast
  • Salvage dealers Leads in Moscow Oblast
  • Unfinished furniture stores Leads in Moscow Oblast
  • Neurologists Leads in Moscow Oblast
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  • Cardiologists Leads in Moscow Oblast
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  • Gastroenterologists Leads in Moscow Oblast
  • Orthopedic clinics Leads in Moscow Oblast
  • Camera repair shops Leads in Moscow Oblast
  • Television repair services Leads in Moscow Oblast
  • Truck parts suppliers Leads in Moscow Oblast
  • Video camera repair services Leads in Moscow Oblast
  • Portrait studios Leads in Moscow Oblast
  • Video Duplication Service Providers Leads in Moscow Oblast
  • Polymer Suppliers Leads in Moscow Oblast
  • Chimney services Leads in Moscow Oblast
  • Chimney sweeps Leads in Moscow Oblast
  • Wood stove shops Leads in Moscow Oblast
  • Masonry contractors Leads in Moscow Oblast
  • Performing arts Leads in Moscow Oblast
  • Book publishers Leads in Moscow Oblast
  • Inns Leads in Moscow Oblast
  • Condominium rental agencies Leads in Moscow Oblast
  • Theater productions Leads in Moscow Oblast
  • Lighting manufacturers Leads in Moscow Oblast
  • Research and product developments Leads in Moscow Oblast
  • Lighting consultants Leads in Moscow Oblast
  • Industrial real estate agencies Leads in Moscow Oblast
  • Hookah bars Leads in Moscow Oblast
  • Dance restaurants Leads in Moscow Oblast
  • Disco clubs Leads in Moscow Oblast
  • Tiki bars Leads in Moscow Oblast
  • Patio enclosure suppliers Leads in Moscow Oblast
  • Tapas restaurants Leads in Moscow Oblast
  • Cuban restaurants Leads in Moscow Oblast
  • Caribbean restaurants Leads in Moscow Oblast
  • Pool halls Leads in Moscow Oblast
  • Media houses Leads in Moscow Oblast
  • Auto machine shops Leads in Moscow Oblast
  • Sanitation services Leads in Moscow Oblast
  • Japanese grocery stores Leads in Moscow Oblast
  • Coffee machine suppliers Leads in Moscow Oblast
  • Skylight contractors Leads in Moscow Oblast
  • Car finance and loan companies Leads in Moscow Oblast
  • Wood floor installation services Leads in Moscow Oblast
  • Granite suppliers Leads in Moscow Oblast
  • Garage builders Leads in Moscow Oblast
  • Log home builders Leads in Moscow Oblast
  • Modular home builders Leads in Moscow Oblast
  • Building materials markets Leads in Moscow Oblast
  • Interior construction contractors Leads in Moscow Oblast
  • Dock builders Leads in Moscow Oblast
  • Lawn mower repair services Leads in Moscow Oblast
  • Microwave oven repair services Leads in Moscow Oblast
  • Scaffolding rental services Leads in Moscow Oblast
  • Moving supply stores Leads in Moscow Oblast
  • Cell phone accessory stores Leads in Moscow Oblast
  • Bead stores Leads in Moscow Oblast
  • Korean grocery stores Leads in Moscow Oblast
  • Railing contractors Leads in Moscow Oblast
  • Door shops Leads in Moscow Oblast
  • Gasfitters Leads in Moscow Oblast
  • Radiator repair services Leads in Moscow Oblast
  • Emergency trainings Leads in Moscow Oblast
  • Furniture repair shops Leads in Moscow Oblast
  • Iron works Leads in Moscow Oblast
  • Credit counseling services Leads in Moscow Oblast
  • Historical place museums Leads in Moscow Oblast
  • Castles Leads in Moscow Oblast
  • Fortress Leads in Moscow Oblast
  • History museums Leads in Moscow Oblast
  • Archaeological sites Leads in Moscow Oblast
  • Ruins Leads in Moscow Oblast
  • Historical places Leads in Moscow Oblast
  • Photocopiers suppliers Leads in Moscow Oblast
  • Office supply wholesalers Leads in Moscow Oblast
  • Map stores Leads in Moscow Oblast
  • Event ticket sellers Leads in Moscow Oblast
  • Salvage yards Leads in Moscow Oblast
  • Mapping services Leads in Moscow Oblast
  • Department of housing Leads in Moscow Oblast
  • Housing authorities Leads in Moscow Oblast
  • Office services Leads in Moscow Oblast
  • Electronics Accessories Wholesalers Leads in Moscow Oblast
  • Eastern Orthodox Churches Leads in Moscow Oblast
  • Non-denominational churches Leads in Moscow Oblast
  • Orthodox churches Leads in Moscow Oblast
  • Russian Orthodox churches Leads in Moscow Oblast
  • Protestant churches Leads in Moscow Oblast
  • Monasteries Leads in Moscow Oblast
  • Parishes Leads in Moscow Oblast
  • Hawaiian restaurants Leads in Moscow Oblast
  • Beer halls Leads in Moscow Oblast
  • Organic restaurants Leads in Moscow Oblast
  • Short term apartment rental agencies Leads in Moscow Oblast
  • Cabin rental agencies Leads in Moscow Oblast
  • Airstrips Leads in Moscow Oblast
  • Mobile home parks Leads in Moscow Oblast
  • Oral surgeons Leads in Moscow Oblast
  • Rubber stamp stores Leads in Moscow Oblast
  • Stationery wholesalers Leads in Moscow Oblast
  • Fishing clubs Leads in Moscow Oblast
  • Food seasoning manufacturers Leads in Moscow Oblast
  • Tower communication services Leads in Moscow Oblast
  • Piano bars Leads in Moscow Oblast
  • Oyster bar restaurants Leads in Moscow Oblast
  • Bar tabacs Leads in Moscow Oblast
  • Auto Dent Removal Service Stations Leads in Moscow Oblast
  • Metal working shops Leads in Moscow Oblast
  • Dog breeders Leads in Moscow Oblast
  • Veterans hospitals Leads in Moscow Oblast
  • Oil Stores Leads in Moscow Oblast
  • Self service car washes Leads in Moscow Oblast
  • Sports medicine clinics Leads in Moscow Oblast
  • Nurse practitioners Leads in Moscow Oblast
  • Hand surgeons Leads in Moscow Oblast
  • ENT Specialists Leads in Moscow Oblast
  • Proctologists Leads in Moscow Oblast
  • Anesthesiologists Leads in Moscow Oblast
  • Modeling schools Leads in Moscow Oblast
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  • Grammar schools Leads in Moscow Oblast
  • Community schools Leads in Moscow Oblast
  • Housing complexes Leads in Moscow Oblast
  • Information bureaux Leads in Moscow Oblast
  • Air conditioning stores Leads in Moscow Oblast
  • Residents associations Leads in Moscow Oblast
  • Outlet malls Leads in Moscow Oblast
  • Baking supply stores Leads in Moscow Oblast
  • Oil and gas exploration services Leads in Moscow Oblast
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  • Mailing machine suppliers Leads in Moscow Oblast
  • Diesel engine dealers Leads in Moscow Oblast
  • Weighing Scale Suppliers Leads in Moscow Oblast
  • Water purification companies Leads in Moscow Oblast
  • Cooler Suppliers Leads in Moscow Oblast
  • Water filters Leads in Moscow Oblast
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  • Nut stores Leads in Moscow Oblast
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  • Governments Leads in Moscow Oblast
  • Brazilian restaurants Leads in Moscow Oblast
  • Congregations Leads in Moscow Oblast
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  • Soccer fields Leads in Moscow Oblast
  • Play Schools Leads in Moscow Oblast
  • Mobile network operators Leads in Moscow Oblast
  • Health resorts Leads in Moscow Oblast
  • Healths Leads in Moscow Oblast
  • Alternative fuel stations Leads in Moscow Oblast
  • Tax departments Leads in Moscow Oblast
  • City tax offices Leads in Moscow Oblast
  • Foot cares Leads in Moscow Oblast
  • Oral and maxillofacial surgeons Leads in Moscow Oblast
  • Photography studios Leads in Moscow Oblast
  • Ice suppliers Leads in Moscow Oblast
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  • Air compressor repair services Leads in Moscow Oblast
  • Exhibits Leads in Moscow Oblast
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  • State Department for Social Development Leads in Moscow Oblast
  • Stables Leads in Moscow Oblast
  • Boat ramps Leads in Moscow Oblast
  • Forestry offices Leads in Moscow Oblast
  • Housing societies Leads in Moscow Oblast
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  • Shelters Leads in Moscow Oblast
  • Trailer manufacturers Leads in Moscow Oblast
  • Alcoholism treatment programs Leads in Moscow Oblast
  • Television Channels Leads in Moscow Oblast
  • Vehicle inspections Leads in Moscow Oblast
  • Bicycle repair shops Leads in Moscow Oblast
  • Woods Leads in Moscow Oblast
  • Organic farms Leads in Moscow Oblast
  • Hot spring hotels Leads in Moscow Oblast
  • Funeral homes Leads in Moscow Oblast
  • Home insurance agencies Leads in Moscow Oblast
  • Commercial agents Leads in Moscow Oblast
  • Scooter repair shops Leads in Moscow Oblast
  • Two Wheeler Repair Shops Leads in Moscow Oblast
  • Motor scooter dealers Leads in Moscow Oblast
  • Building societies Leads in Moscow Oblast
  • Bank or ATMs Leads in Moscow Oblast
  • Solar hot water system suppliers Leads in Moscow Oblast
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  • Sandblasting services Leads in Moscow Oblast
  • Pneumatic tools suppliers Leads in Moscow Oblast
  • Movie studios Leads in Moscow Oblast
  • Video editing services Leads in Moscow Oblast
  • Bus ticket agencies Leads in Moscow Oblast
  • Used tire shops Leads in Moscow Oblast
  • Motorcycle driving schools Leads in Moscow Oblast
  • Forklift rental services Leads in Moscow Oblast
  • Agricultural organizations Leads in Moscow Oblast
  • Livestock producers Leads in Moscow Oblast
  • Olive oil manufacturers Leads in Moscow Oblast
  • Sheriff's departments Leads in Moscow Oblast
  • Diaper services Leads in Moscow Oblast
  • Youth clothing stores Leads in Moscow Oblast
  • Pregnancy care centers Leads in Moscow Oblast
  • Childrens Stores Leads in Moscow Oblast
  • Sewing companies Leads in Moscow Oblast
  • Western apparel stores Leads in Moscow Oblast
  • Skate shops Leads in Moscow Oblast
  • Violin shops Leads in Moscow Oblast
  • Drum stores Leads in Moscow Oblast
  • Institute of technology Leads in Moscow Oblast
  • Government Colleges Leads in Moscow Oblast
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  • Women's Colleges Leads in Moscow Oblast
  • Technical universities Leads in Moscow Oblast
  • English language instructors Leads in Moscow Oblast
  • Hip Hop Dance Class Leads in Moscow Oblast
  • Hardware Training Institutes Leads in Moscow Oblast
  • Foot massage parlors Leads in Moscow Oblast
  • Saunas Leads in Moscow Oblast
  • Ophthalmology clinics Leads in Moscow Oblast
  • Back Offices Leads in Moscow Oblast
  • Cheese manufacturers Leads in Moscow Oblast
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  • Small engine repair services Leads in Moscow Oblast
  • Machine maintenances Leads in Moscow Oblast
  • Municipal Corporations Leads in Moscow Oblast
  • Boat clubs Leads in Moscow Oblast
  • Repairs Leads in Moscow Oblast
  • Surgical Products Wholesalers Leads in Moscow Oblast
  • Oil Wholesalers Leads in Moscow Oblast
  • Hair extensions suppliers Leads in Moscow Oblast
  • Egg suppliers Leads in Moscow Oblast
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  • Dairies Leads in Moscow Oblast
  • Printer repair services Leads in Moscow Oblast
  • Real estates Leads in Moscow Oblast
  • Cultural associations Leads in Moscow Oblast
  • Tool repair shops Leads in Moscow Oblast
  • Tractor repair shops Leads in Moscow Oblast
  • Sharpening services Leads in Moscow Oblast
  • Garden machinery suppliers Leads in Moscow Oblast
  • Water ski shops Leads in Moscow Oblast
  • Carpet Manufacturers Leads in Moscow Oblast
  • Petroleum Products Companies Leads in Moscow Oblast
  • Video equipment repair services Leads in Moscow Oblast
  • Art restoration services Leads in Moscow Oblast
  • Tuxedo shops Leads in Moscow Oblast
  • Corporate entertainment services Leads in Moscow Oblast
  • Powder coating services Leads in Moscow Oblast
  • Cosmetics wholesalers Leads in Moscow Oblast
  • Make-up artists Leads in Moscow Oblast
  • Contact lenses suppliers Leads in Moscow Oblast
  • Taco restaurants Leads in Moscow Oblast
  • Lunch restaurants Leads in Moscow Oblast
  • South American restaurants Leads in Moscow Oblast
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  • Multimedia and electronic book publishers Leads in Moscow Oblast
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  • Meeting planning services Leads in Moscow Oblast
  • Christmas markets Leads in Moscow Oblast
  • Customs warehouses Leads in Moscow Oblast
  • Useds Leads in Moscow Oblast
  • Wellness hotels Leads in Moscow Oblast
  • Real estate surveyors Leads in Moscow Oblast
  • Interior decorations Leads in Moscow Oblast
  • Water mills Leads in Moscow Oblast
  • Central banks Leads in Moscow Oblast
  • Physician assistants Leads in Moscow Oblast
  • Asian household goods stores Leads in Moscow Oblast
  • Polynesian restaurants Leads in Moscow Oblast
  • Housings Leads in Moscow Oblast
  • Springs Leads in Moscow Oblast
  • Ballrooms Leads in Moscow Oblast
  • Cinema equipment suppliers Leads in Moscow Oblast
  • Copper Suppliers Leads in Moscow Oblast
  • Acrylic Dealers Leads in Moscow Oblast
  • Newspaper distributions Leads in Moscow Oblast
  • Irrigations Leads in Moscow Oblast
  • Foreclosure services Leads in Moscow Oblast
  • Property administrators Leads in Moscow Oblast
  • Internets Leads in Moscow Oblast
  • Dental radiologies Leads in Moscow Oblast
  • Railway services Leads in Moscow Oblast
  • Public housings Leads in Moscow Oblast
  • Ports Leads in Moscow Oblast
  • Cooling plants Leads in Moscow Oblast
  • Port operating companies Leads in Moscow Oblast
  • Pumps Leads in Moscow Oblast
  • Lamp shade suppliers Leads in Moscow Oblast
  • Detectives Leads in Moscow Oblast
  • Clothes markets Leads in Moscow Oblast
  • Truckings Leads in Moscow Oblast
  • Cottage rentals Leads in Moscow Oblast
  • Computer desk stores Leads in Moscow Oblast
  • Toiletries Stores Leads in Moscow Oblast
  • Hockey supply stores Leads in Moscow Oblast
  • Electronics Exporters Leads in Moscow Oblast
  • Prefabricated house companies Leads in Moscow Oblast
  • Adult entertainments Leads in Moscow Oblast
  • Transit stops Leads in Moscow Oblast
  • Farm household tours Leads in Moscow Oblast
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  • Ridges Leads in Moscow Oblast
  • Timeshare agencies Leads in Moscow Oblast
  • Chalets Leads in Moscow Oblast
  • Disposable Items shops Leads in Moscow Oblast
  • Disability services Leads in Moscow Oblast
  • Sports Associations Leads in Moscow Oblast
  • Lamp repair services Leads in Moscow Oblast
  • Cottage villages Leads in Moscow Oblast
  • Travellers lodges Leads in Moscow Oblast
  • Basilicas Leads in Moscow Oblast
  • Traffic police stations Leads in Moscow Oblast
  • MRI centers Leads in Moscow Oblast
  • Snack vending machines Leads in Moscow Oblast
  • Rice wholesalers Leads in Moscow Oblast
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  • Parkings Leads in Moscow Oblast
  • Plating services Leads in Moscow Oblast
  • Crab houses Leads in Moscow Oblast
  • Gas and automotives Leads in Moscow Oblast
  • Music academies Leads in Moscow Oblast
  • Train repairing centers Leads in Moscow Oblast
  • Archery clubs Leads in Moscow Oblast
  • Casket services Leads in Moscow Oblast
  • Propeller shops Leads in Moscow Oblast
  • Employment services Leads in Moscow Oblast
  • Silversmiths Leads in Moscow Oblast
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  • Sports Leads in Moscow Oblast
  • Confectionery manufacturers Leads in Moscow Oblast
  • Channels Leads in Moscow Oblast
  • Pagodas Leads in Moscow Oblast
  • Food productions Leads in Moscow Oblast
  • Hockey fields Leads in Moscow Oblast
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  • Nurseries Leads in Moscow Oblast
  • Fairs Leads in Moscow Oblast
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  • Television towers Leads in Moscow Oblast
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  • Offset Printers Leads in Moscow Oblast
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  • Oriental goods stores Leads in Moscow Oblast
  • Eye cares Leads in Moscow Oblast
  • Tempura restaurants Leads in Moscow Oblast
  • Paintings stores Leads in Moscow Oblast
  • Massage parlors Leads in Moscow Oblast
  • Swimming competitions Leads in Moscow Oblast
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  • Immunologists Leads in Moscow Oblast
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  • License plate frames suppliers Leads in Moscow Oblast
  • Education and cultures Leads in Moscow Oblast
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  • Airbrushing services Leads in Moscow Oblast
  • Wedding souvenir shops Leads in Moscow Oblast
  • Vegetations Leads in Moscow Oblast
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  • Thai massages Leads in Moscow Oblast
  • Terrains Leads in Moscow Oblast
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  • Insurance schools Leads in Moscow Oblast
  • Radio towers Leads in Moscow Oblast
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  • Video equipment and services Leads in Moscow Oblast
  • Package lockers Leads in Moscow Oblast
  • Attractions Leads in Moscow Oblast
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  • Open Universities Leads in Moscow Oblast
  • Sundae restaurants Leads in Moscow Oblast
  • Department of finance Leads in Moscow Oblast
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  • Drawing lessons Leads in Moscow Oblast
  • Disabled Sports Centers Leads in Moscow Oblast
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  • Storages Leads in Moscow Oblast
  • Dog cares Leads in Moscow Oblast
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  • Terminal points Leads in Moscow Oblast
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  • Bark suppliers Leads in Moscow Oblast
  • Interior doors Leads in Moscow Oblast
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  • Wood frame suppliers Leads in Moscow Oblast
  • HIV testing centers Leads in Moscow Oblast
  • Emergency management ministries Leads in Moscow Oblast
  • Tofu restaurants Leads in Moscow Oblast
  • Municipal Social Developments Leads in Moscow Oblast
  • Bar PMUs Leads in Moscow Oblast
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  • City Department of Environment Leads in Moscow Oblast
  • Computer Rental Agencies Leads in Moscow Oblast
  • Vehicle Exporters Leads in Moscow Oblast
  • Areas Leads in Moscow Oblast
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  • Buses Leads in Moscow Oblast
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  • Blind schools Leads in Moscow Oblast
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  • Trail heads Leads in Moscow Oblast
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  • Glass Leads in Moscow Oblast
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  • Japanese delicatessens Leads in Moscow Oblast
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  • Belt shops Leads in Moscow Oblast
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  • Tag agencies Leads in Moscow Oblast
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  • Technical education academies Leads in Moscow Oblast
  • Blueprint services Leads in Moscow Oblast
  • Animals Leads in Moscow Oblast
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  • Hammams Leads in Moscow Oblast
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  • Alternative Medicine Clinics Leads in Moscow Oblast
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  • Hawaiian goods stores Leads in Moscow Oblast
  • Russian grocery stores Leads in Moscow Oblast
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  • Dharamashalas Leads in Moscow Oblast
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  • Body arts Leads in Moscow Oblast
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  • Geological services Leads in Moscow Oblast
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  • Steel industries Leads in Moscow Oblast
  • Surgical oncologists Leads in Moscow Oblast
  • Japanese inns Leads in Moscow Oblast
  • Sheepskin coat stores Leads in Moscow Oblast
  • Building designers Leads in Moscow Oblast
  • Fishing and huntings Leads in Moscow Oblast
  • Arts and crafts sales outlets Leads in Moscow Oblast
  • Towers Leads in Moscow Oblast
  • Boot repair shops Leads in Moscow Oblast
  • Wells Leads in Moscow Oblast
  • Ice cream and drink shops Leads in Moscow Oblast
  • Seminar rooms Leads in Moscow Oblast
  • Advertisings Leads in Moscow Oblast
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  • Course centers Leads in Moscow Oblast
  • Aids for disabled Leads in Moscow Oblast
  • Childrens party buffets Leads in Moscow Oblast
  • Seas Leads in Moscow Oblast
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  • Staircases Leads in Moscow Oblast
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  • European institutions Leads in Moscow Oblast
  • Boiler repairs Leads in Moscow Oblast
  • Sanitary inspections Leads in Moscow Oblast
  • Container manufacturers Leads in Moscow Oblast
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  • Air pumps Leads in Moscow Oblast
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  • Sands Leads in Moscow Oblast
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  • Barns Leads in Moscow Oblast
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  • Provincial parks Leads in Moscow Oblast
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  • Vehicle examination offices Leads in Moscow Oblast
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  • Tourist travels Leads in Moscow Oblast
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  • Information desks Leads in Moscow Oblast
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  • TB clinics Leads in Moscow Oblast
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  • Web design companies Leads in Moscow Oblast
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  • Linoleum stores Leads in Moscow Oblast
  • Basket Ball Coaching Centers Leads in Moscow Oblast
  • Music Classes Leads in Moscow Oblast
  • Hot springs Leads in Moscow Oblast
  • Sanctuaries Leads in Moscow Oblast
  • Room agencies Leads in Moscow Oblast
  • Soba noodle shops Leads in Moscow Oblast
  • Arts and crafts Leads in Moscow Oblast
  • Cat breeders Leads in Moscow Oblast
  • Oriental medical clinics Leads in Moscow Oblast
  • Fuel pumps Leads in Moscow Oblast
  • Nursing rooms Leads in Moscow Oblast
  • Information and technology services Leads in Moscow Oblast
  • Rocks Leads in Moscow Oblast
  • Office administration services Leads in Moscow Oblast
  • Playrooms Leads in Moscow Oblast
  • Bights Leads in Moscow Oblast
  • Mung bean pancakes Leads in Moscow Oblast
  • Wet markets Leads in Moscow Oblast
  • Budget Japanese inns Leads in Moscow Oblast
  • Cat trainers Leads in Moscow Oblast
  • Machine accessories manufacturers Leads in Moscow Oblast
  • Pre gymnasium schools Leads in Moscow Oblast
  • Metals Leads in Moscow Oblast
  • Felt boots stores Leads in Moscow Oblast
  • Used Stores Leads in Moscow Oblast
  • Lamps Leads in Moscow Oblast
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  • Idol manufacturers Leads in Moscow Oblast
  • Machine tool suppliers Leads in Moscow Oblast
  • Tele Service Companies Leads in Moscow Oblast
  • Hill Stations Leads in Moscow Oblast
  • Sweets Leads in Moscow Oblast
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  • Intelligence Agencies Leads in Moscow Oblast
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  • Bike washes Leads in Moscow Oblast
  • Fire Proofing Contractors Leads in Moscow Oblast
  • Ritual Services Leads in Moscow Oblast
  • E - Commerces Leads in Moscow Oblast
  • Water purifier suppliers Leads in Moscow Oblast
  • Service counters Leads in Moscow Oblast
  • Tabascan restaurants Leads in Moscow Oblast
  • Municipal Department Social Defenses Leads in Moscow Oblast
  • Studios Leads in Moscow Oblast
  • Continuing education institutes Leads in Moscow Oblast
  • Facility contractors Leads in Moscow Oblast
  • Electricals Leads in Moscow Oblast
  • Football associations Leads in Moscow Oblast
  • Battle sites Leads in Moscow Oblast
  • Pediatric surgeons Leads in Moscow Oblast
  • Pets Leads in Moscow Oblast
  • Medical lawyers Leads in Moscow Oblast
  • Soy sauce makers Leads in Moscow Oblast
  • Recycling collection companies Leads in Moscow Oblast
  • Lyceums Leads in Moscow Oblast
  • Aluminium products manufacturers Leads in Moscow Oblast
  • Rooms Leads in Moscow Oblast
  • Paper industries Leads in Moscow Oblast
  • Fabric manufacturers Leads in Moscow Oblast
  • Power transmission companies Leads in Moscow Oblast
  • Western Dance Classes Leads in Moscow Oblast
  • Commercial buildings Leads in Moscow Oblast
  • Temaki restaurants Leads in Moscow Oblast
  • Traditional Kostume stores Leads in Moscow Oblast
  • Municipal Guards Leads in Moscow Oblast
  • Cable car manufacturers Leads in Moscow Oblast
  • Societe de Flocage Leads in Moscow Oblast
  • Metal cutting companies Leads in Moscow Oblast
  • Mobile communications services Leads in Moscow Oblast
  • Cold noodle restaurants Leads in Moscow Oblast
  • Transplant surgeons Leads in Moscow Oblast
  • Soondae restaurants Leads in Moscow Oblast
  • Yakisoba Restaurants Leads in Moscow Oblast
  • Trading agencies Leads in Moscow Oblast
  • Hotel rooms Leads in Moscow Oblast
  • Gambling areas Leads in Moscow Oblast
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  • Wilderness centers Leads in Moscow Oblast
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  • Motorcycle clubs Leads in Moscow Oblast
  • Hobby Classes Leads in Moscow Oblast
  • User-operated machines Leads in Moscow Oblast
  • Miso cutlet restaurants Leads in Moscow Oblast
  • Mechanical workshops Leads in Moscow Oblast
  • Escalators Leads in Moscow Oblast
  • Sanitary ware manufacturer and suppliers Leads in Moscow Oblast
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  • Laundry rooms Leads in Moscow Oblast
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  • Interiors Leads in Moscow Oblast
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  • Beds Leads in Moscow Oblast
  • Plastic industry companies Leads in Moscow Oblast
  • Pediatric clinics Leads in Moscow Oblast
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  • Beauty academies Leads in Moscow Oblast
  • Gambling machines Leads in Moscow Oblast
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  • Chairs Leads in Moscow Oblast
  • Translation companies Leads in Moscow Oblast
  • Poles Leads in Moscow Oblast
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  • Parties Leads in Moscow Oblast
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  • Electronic parts manufacturers Leads in Moscow Oblast
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  • Hepatologists Leads in Moscow Oblast
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  • Social organizations Leads in Moscow Oblast
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  • Cured ham stores Leads in Moscow Oblast
  • Agriculture machines suppliers Leads in Moscow Oblast
  • Pigs trotters restaurants Leads in Moscow Oblast
  • Toast restaurants Leads in Moscow Oblast
  • Late night meal restaurants Leads in Moscow Oblast
  • Orthopedics Leads in Moscow Oblast
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  • Medias Leads in Moscow Oblast
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  • Fast food pizzas Leads in Moscow Oblast
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  • Cultural institutions Leads in Moscow Oblast
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  • Municipalities Leads in Moscow Oblast
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  • Do It Yourselves Leads in Moscow Oblast
  • Skin cares Leads in Moscow Oblast
  • Pork rice soup restaurants Leads in Moscow Oblast
  • Tokoes Leads in Moscow Oblast
  • Dunes Leads in Moscow Oblast
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  • Fishing ports Leads in Moscow Oblast
  • Pediatric urologists Leads in Moscow Oblast
  • Pianoes Leads in Moscow Oblast
  • Waste containers Leads in Moscow Oblast
  • Coach services Leads in Moscow Oblast
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  • Defense Services Leads in Moscow Oblast
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  • Tapestries Leads in Moscow Oblast
  • Server rooms Leads in Moscow Oblast
  • Boilers Leads in Moscow Oblast
  • First aid kits Leads in Moscow Oblast
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  • Chicken rib restaurants Leads in Moscow Oblast
  • Metallic materials suppliers Leads in Moscow Oblast
  • Energies Leads in Moscow Oblast
  • Oil industry containers Leads in Moscow Oblast
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  • Apparel companies Leads in Moscow Oblast
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  • Buckwheat noodle restaurants Leads in Moscow Oblast
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  • Vacuum cleaners Leads in Moscow Oblast
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  • Services for industry Leads in Moscow Oblast
  • Tennis Leads in Moscow Oblast
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  • Metalworkings Leads in Moscow Oblast
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  • Home services Leads in Moscow Oblast
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  • Cork manufactures Leads in Moscow Oblast
  • Gas Leads in Moscow Oblast
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  • Specific trade educations Leads in Moscow Oblast
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  • Company health services Leads in Moscow Oblast
  • Machines wholesales Leads in Moscow Oblast
  • Congress centers Leads in Moscow Oblast
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  • Child centers Leads in Moscow Oblast
  • Chinese medicines Leads in Moscow Oblast
  • Farmers Leads in Moscow Oblast
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  • Boats Leads in Moscow Oblast
  • Rice dealers Leads in Moscow Oblast
  • Fish industries Leads in Moscow Oblast
  • Bungalows Leads in Moscow Oblast
  • NAVs Leads in Moscow Oblast
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  • Seating areas Leads in Moscow Oblast
  • Hobby clubs Leads in Moscow Oblast
  • Internet phone services Leads in Moscow Oblast
  • Prosthetics dentists Leads in Moscow Oblast
  • Tortilla shops Leads in Moscow Oblast
  • Fords Leads in Moscow Oblast
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  • Countries > Russian Federation > T > Tea manufacturer | Showing 20 out of 61 Tea manufacturer in Russian Federation.

List of Tea manufacturer in Russian Federation

Compare the best companies in tea manufacturer category. buy complete list of 61 tea manufacturer in russian federation..

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IMAGES

  1. Write Bubble Tea Business Plan

    business plan for bubble tea shop

  2. Bubble Tea Shop Business Plan Template [2024 Updated]

    business plan for bubble tea shop

  3. Best Bubble Tea Machines and Equipment

    business plan for bubble tea shop

  4. Vente de Bubble Tea : un exemple de business plan rédigé

    business plan for bubble tea shop

  5. Bubble Tea Shop Business Plan Template [2023 Updated]

    business plan for bubble tea shop

  6. Bubble Tea Shop Business Plan [2020 Updated]Marketing Analysis of

    business plan for bubble tea shop

COMMENTS

  1. Bubble Tea Business Plan Template [Updated 2024]

    Traditionally, a marketing plan includes the four P's: Product, Price, Place, and Promotion. For a bubble tea business plan, your marketing strategy should include the following: Product: In the product section, you should reiterate the type of bubble tea company that you documented in your company overview.

  2. Bubble Tea Business Plan Template (2024)

    Goldenberry Bubble Tea Bar is seeking $200,000 in debt financing to launch its tea bar business. The funding will be primarily for building out the tea bar property location, purchasing blenders and food appliances, equipment for food preparation, indoor furnishing, computers and office supplies.

  3. How to Start a Bubble Tea Business

    Step 4: Create a Bubble Tea Business Plan. Every business needs a plan. This will function as a guidebook to take your startup through the launch process and maintain focus on your key goals. A business plan also enables potential partners and investors to better understand your company and its vision:

  4. Bubble Tea Business Plan PDF Example

    March 19, 2024. Business Plan. Creating a comprehensive business plan is crucial for launching and running a successful bubble tea business. This plan serves as your roadmap, detailing your vision, operational strategies, and financial plan. It helps establish your bubble tea business's identity, navigate the competitive market, and secure ...

  5. How to Write a Bubble Tea Business Plan + Free Template

    Writing a bubble tea business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan: 1. Executive Summary. An executive summary is the first section planned to offer an overview of the entire business plan. Here are the things you have to mention in your summary in brief:

  6. How to write the business plan for a bubble tea company

    The written part of a bubble tea company plan. What tool should I use to write my bubble tea business plan? Using Word and Excel, Hiring a consultant to write the plan, And using specialized online business plan software. You are guided through the writing process by detailed instructions and examples for each part of the plan.

  7. Bubble Tea Shop Business Plan [Sample Template]

    Marketing promotion (grand opening promotion and general business promotion) - $7,000. Bubble tea making equipment - $15,000. Cost of storage equipment and hardware (shelves, racks, bins, cash register, security gadgets) - $15,000. Cost of purchasing a fairly used van - $30,000. Cost of launching a website - $500.

  8. How to Start a Bubble Tea Business

    STEP 2: Form a legal entity. The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your bubble tea business is sued.

  9. Starting a Bubble Tea Business: The Ultimate Guide

    A bubble tea business plan is a vital document for your venture. It serves as a blueprint for acquiring funding, appealing to investors, and charting the course of your business through the startup phase and beyond. ... Bubble Bliss is a start-up bubble tea shop offering various flavors, including traditional, fruit-infused, and unique seasonal ...

  10. How to Write a Bubble Tea Business Plan

    The main purpose of writing a business plan is to show that you have clearly thought out your business ideas, evaluated the competition, know the costs of running your business, and the potential profits, and fully understand the risks of opening a bubble tea shop. When you write a Bubble Tea Business Plan, you want to follow a specific format ...

  11. Executive Summary of a Bubble Tea Business: Template & Example

    Your USP is the essence of your executive summary, captivating your target audience and underscoring the exclusive value your shop brings to the table. Example: "Blissful Bubbles," situated in the lively Arts District of Metro City, occupies a cozy 800 sq. ft. corner on Vine Street. Opening its doors from 10 AM to 10 PM, it offers an ...

  12. Bubble Tea Shop Business Plan Template

    2.4 Target of the Company. Our primary target is to become the best tea shop in the New York City within next 3 years of our launch. Our secondary target is to achieve the net profit margin of $10k/month by the end of the first year, $15k/month by the second year, and $25k/month by the third year. Bank/SBA Business Plan.

  13. How To Start A Bubble Tea Business

    Step 3: Pick a Name and Logo. Once you have decided on a concept, it is time to pick a name and develop a brand identity. Broadly speaking, a brand identity is all of the visible elements of a brand. This can include the brand colors, its logo, and the overall design of each of these elements.

  14. Sales & Marketing Plan for a Bubble Tea Shop

    March 5, 2024. Business Plan, Sales & Marketing Strategy. Launching and sustaining a thriving bubble tea shop requires more than just great beverages; it necessitates a strategic approach to marketing and sales. This comprehensive guide aims to assist in creating a tailored sales and marketing plan for the business plan of a bubble tea shop.

  15. Tea Shop Business Plan Template [Updated 2024]

    Marketing Plan. Traditionally, a marketing plan includes the four P's: Product, Price, Place, and Promotion. For a tea shop business plan, your marketing strategy should include the following: Product: In the product section, you should reiterate the type of tea shop that you documented in your company overview.

  16. How to Start a Profitable Bubble Tea Business [11 Steps]

    Start now. 1. Perform market analysis. Before diving into the bubble tea industry, it's crucial to understand the market dynamics to tailor your business for success. A comprehensive market analysis will illuminate consumer preferences, competition levels, and potential gaps in the market.

  17. Sample Bubble Tea Shop Business Plan

    Conclusion. This sample bubble tea shop business plan provides a template to follow. However, the information supplied here is only imaginary and represents no genuine business concern. The entrepreneur is expected to brainstorm what applies to his own business to produce a unique bubble tea shop business plan.

  18. How to open a bubble tea shop?

    Raise the financing needed to launch your bubble tea shop. With your business plan in hand, you can tackle one of the final steps to open a bubble tea shop business: the search for financing. Raising the capital needed to launch your business will probably require a combination of equity and debt, which are the two types of financing available ...

  19. Tea Shop Business Plan [Free Template

    Download Template. Create a Business Plan. The growing demand and popularity of tea make any tea-related business a lucrative and rewarding profession. Anyone with a passion for tea can start a tea shop. However, a detailed business plan is essential to raise funds for it and transform it into a profitable venture.

  20. Number Of Bubble tea stores in Elektrostal'

    Smartscrapers provides an accurate directory and the latest data on the number of Bubble tea stores in Elektrostal' ... Explore the strategic advantages our web scraping solutions bring to your business. Digital Marketing Leverage the power of data for your digital marketing efforts across Google and Facebook Ad Campaigns. Upload our dataset ...

  21. MEVLANA, OOO Company Profile

    Industry: Grocery and Related Product Merchant Wholesalers , Fruit and Vegetable Preserving and Specialty Food Manufacturing , Other Food Manufacturing , Specialized Freight Trucking , Warehousing and Storage See All Industries, Other Support Activities for Transportation , Coffee and tea, Fruits and fruit products, in cans, jars, etc., Roasted coffee, Moving services, General warehousing and ...

  22. LLC "TFN" Company Profile

    d&b business directory home / business directory / retail trade / sporting goods, hobby, musical instrument, book, and miscellaneous retailers / other miscellaneous retailers / russian federation / moscow region / elektrostal / llc "tfn" llc "tfn" get a d&b hoovers free trial. overview

  23. List of Tea manufacturer in Russian Federation

    Buy complete list of 61 Tea manufacturer in Russian Federation. ул. Московская, 42, корпус 13, Krasnodar. ул. Ахинтам Большой Кичмай, Bolshoy Sochi. ул. Центральная, 15, Bolshoy Sochi. Compare the best companies in Tea manufacturer category. Buy complete list of 61 Tea manufacturer in Russian ...