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
I love boba and this person is 100% correct. While I switch from franchise to franchise at times based on convenience I always go back to places that did it right.
Boba that is cooked properly, not over cook sitting under the broiler forever.
Consistency in your franchise recipes. Nothing worse when getting a 50% sweet only to find out the person is just eyeballing the measurements.
Speed. Boba in general takes a few min. Your workers need to be efficient, pleasant, and accurate
I think the business can be saved if there is a market for it where u are located. I know several friends that also run franchises and they do okay.
Make sure u improve on the things u can change. And don’t give up on standards, boba is one of those things that if u don’t do it right u can tell.
100% this! Boba freaks like consistency in their teas and if OOP is “playing” the Russian roulette on the Boba pearls and the sugar and flavor measurements then is game over. I’ve started drinking Boba very recently (seven years or so, max) and at the beginning, I’ve tried as many Boba shops as possible. Pretty soon I realized what a great, consistent, and reliable Boba tea cup was. As soon as my earlier favorites started failing on the Boba quality I was done with them. I don’t care how fancy the store is, how they use hard almost reusable plastic cups, or if they have 200 flavors.