About Chatime
['High Revenue Potential', 'Unparalleled Support', 'Minimal Staffing']
Chatime is a food service establishment offering gourmet coffees and teas, other coffee and tea-based beverages, bubble tea, compatible food products, coffee and tea makers, and related supplies, accessories, and gifts. The word ‘cha’ means ‘tea,’ so technically ‘chatime’ could be loosely translated into ‘teatime.’ But today, with over 1,000 locations around the globe, Chatime means so much more than that! Chatime is a Taiwanese franchise founded in 2005 with over 1,000 retail outlets across countries like Taiwan, Malaysia, China, India, Macau, Vietnam, Singapore, Hong Kong, Thailand, Korea, Philippines, Indonesia, Australia, Dubai, Vietnam, Canada, UK, Mexico and the United States. Chatime has become one of the largest bubble tea brands in the world and is a publicly traded company showing a quadrupled stock value in 2019 from its mother company La Kaffa. As one of the top beverage companies in the world, Chatime aims to be the most loved and accessible drink brand in the world, revolutionizing the tea drinking culture in the US!
Ideal candidate
FDD facts
| Initial franchise fee | $55K |
| Royalty | 5% |
| Total investment | $293K - $480K |
| Liquid capital required | $150K |
| Net worth requirement | $500K |
| Year founded | 2005 |
| Year began franchising | 2023 |
| Owner-operator required (Year 1) | No |
