My dad has a franchise of 5 months that is already starting to fail. He has 250k+ put into it, and thats with a shared business partner (500k+ total.) It is located in a great plaza of food and grocery, BUT there is another boba shop 2 minutes from it. I dont know why they chose to build one so close to it. By the end of the second month things started to go downhill and getting worse and worse, only making average of $100-170 dollars a day with $135 dollars needed to pay workers hours for that day. Is there really any way to save this business? Sell the business? Bankrupcy? Any advice helpful
As shallow as that sounds, it’s true. I know a couple of boba spot that has cute staffs doing tiktok to advertise, the line is out the door sometimes and it’s still just boba.
Idc to go to any of em because why the hell am I waiting in line for boba that taste nothing special
My comment got down voted 🤣