Tapioca Express
Tapioca Express franchises boba tea cafés that serve milk tea, flavored tea, smoothies, yogurt frosties, juices, made-to-order snacks, and other menu items through two formats: Traditional Cafés in retail locations and Kiosk Cafés in malls or facilities. The business model grants franchises for single-unit or multi-unit developments (3-5 cafés), requiring franchisees to follow the proprietary System for products, supplies, operations, and branding. They target consumers seeking quick-service beverages and snacks for on-premises dining, carryout, catering, and delivery.
Franchise Costs
4% royalty + 1.5% brand development fund + up to $500/mo technology (currently not assessed)
Financial Performance
Item 19 Financial Performance
Data Based On: 15 Operational Franchise Outlets open for the full 2025 Reporting Period.
* Calculated weighted average gross revenue for 15 operational franchise outlets: (7 units × $1,157,936 + 8 units × $324,124) / 15 total units = $713,236.27. Median gross revenue is derived from the median of the Bottom Half ($295,263), which represents the 8th unit in the sorted list of 15 units, assuming the Bottom Half values are all below the Top Half values. Revenue top quartile is the average of the Top Half ($1,157,936). Revenue bottom quartile is the average of the Bottom Half ($324,124).
Extracted Item 19 Section
How Tapioca Express Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Tapioca Express Current | $250K – $509K | $30K | 4.0% | 15 |
| KUNG FU TEA | $169K – $378K | $37K | 4.0% | 385 |
| SHARETEA | $225K – $555K | $12K | 6.0% | 153 |
| DING TEA | $195K – $324K | $30K | N/A | 120 |
| FiiZ Drinks | $250K – $775K | $40K | 8.0% | 63 |
| BAMBU | $159K – $328K | $49K | 3.5% | 60 |
Beverages Average 20 franchises | $281K – $629K | $40K | 5.2% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 20 Beverages franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
Franchisee Contacts
16 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
16 Contacts Available
Unlock all Tapioca Express franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Tapioca Express franchise ranges from $250,000 to $509,100. This includes a franchise fee of $30,000. Ongoing royalty fees are 4.0% of gross sales.
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