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
There was a very good boba in Vietnam. I live in Japan and I was very impressed with the flavours in Vietnam. Here it’s overpriced 🤷 It was very cheap in Vietnam. My all time favourite was the black+ sugar milk tea boba for 25,000 dong. I don’t know what else is in it.
I googled that now, 25,000 vnd is 1.03usd