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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
4% royalty + 1.5% brand development fund + up to $500/mo technology (currently not assessed)
Franchise Stats
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 to Other Beverages Franchises
| Franchise | Investment Range | Franchise 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
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Tapioca Express franchise?
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.
How much revenue does a Tapioca Express franchise make?
According to the 2025 FDD, the average gross revenue for a Tapioca Express franchise is $713,236.27. The median revenue is $295,263.
How many Tapioca Express franchise locations are there?
As of the 2025 FDD, Tapioca Express has 15 franchise locations. The company has been franchising since 2002.
Is Tapioca Express a good franchise to buy?
Tapioca Express shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Tapioca Express?
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