Milk Tea Franchise Opportunities in the Philippines Under P300,000
by: The Beat Asia
October 21, 2022
Looking to franchise a milk tea business? If you have limited savings and want to veer away from the nitty-gritty of building a startup, why not sell something that’s already proven to make sales?
Franchising is the route many newbie entrepreneurs take as it provides you with a brand that rings a bell and a solid business model to back it up. But while it appears easy, success isn’t always guaranteed as you have to find the right location and market your products to the right audience, among other challenges.
In the Philippines, the milk tea industry is booming and has become an integral part of every sweet tooth’s life. Whether you’re a working student or an aspiring entrepreneur looking to franchise a business, here are five milk tea franchise opportunities under P300,000.
Chatime, also known as "teatime,” is one of the leading milk tea franchises in the country. Founded in 2005, the Taiwanese brand is known for its extensive list of pearl milk teas and exclusive beverages. With more than 100 locations in the Philippines and a total of 2,500 branches around the world, Chatime remains to be one of the most sought-after franchises in the dessert department.
Franchise fee: P300,000
Sugar Panda Milk Tea
Helmed by Kathleen Ritz and Efren Tanyen, Sugar Panda Milk Tea entered the franchising scene in 2019 and has since become one of the most beloved dessert places in Davao City. The brand serves various authentic, Taiwan-made boba milk teas featuring a myriad of funky flavors.
Franchise fee: P180,000
Island Tea Co.
Established in 2017 by entrepreneur Minodh de Sylva, Island Tea Co. is a delicious line of milk tea that serves a special range of beverages made of 100% natural Ceylon teas, which are handpicked from the lush green estates of Sri Lanka. The brand has an assortment of flavored milk teas, coffees, and light snacks.
Franchise fee: P175,000-P250,000
Launched in 2012, Frotea is a milk tea store concept by Palawan-born Engineer Ana Lustre Malijan. The brand is known for bridging the gap between yogurt and milk tea by offering a wide range of products targeting students and young professionals. If a fusion of milk tea and yogurt is up your alley, this 10-year-old milk tea franchise might be the one.
Franchise fee: P120,000
Moonleaf Tea Shop
What started as a quaint shop in UP Teacher’s Village in 2010 is now one of the fastest-growing milk tea brands in the country. Moonleaf Tea Shop is a Philippine-born brand offering a variety of refreshments including milk teas, fruit teas, and coffee options. It has more than 80 outlets (and counting) nationwide.
Franchise fee: P200,000-P300,000
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