It’s Boba Time Franchise FDD, Profits & Costs (2025)
It’s Boba Time is a beverage franchise specializing in a diverse range of drinks, including boba teas, smoothies, coffees, and juices.
Founded in 2003 by Eunice Pak in Los Angeles, California, the company has grown significantly over the years. As of 2023, It’s Boba Time operates 95 locations, with plans to expand into Arizona, Florida, and Nevada.
The franchise offers an extensive menu of over 140 items, catering to a wide array of tastes. This variety, combined with the use of fresh fruits and made-to-order beverages, sets It’s Boba Time apart from competitors. The company emphasizes customization, allowing customers to personalize their drinks with various toppings and flavors.
It’s Boba Time is actively seeking franchisees in the United States, with a focus on expanding beyond California. The company offers both single-store and multi-location franchise opportunities, depending on the geographic area.
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Initial Investment
How much does it cost to start a It’s Boba Time franchise? It costs on average between $469,000 – $594,000 to start a It’s Boba Time franchised restaurant.
These figures may vary depending on factors like location and store size. It’s important to note that these costs are estimates, and actual expenses can vary.
Average Revenue (AUV)
How much revenue can you make with a It’s Boba Time franchise? A It’s Boba Time franchises makes on average about $600,000 in revenue (AUV) per year.
It’s important to note that actual revenues for an It’s Boba Time franchise can vary based on factors such as location, store size, local demand, and operational efficiency. Prospective franchisees should conduct thorough market research and consult with existing franchise owners to gain a clearer understanding of potential earnings.
This compares to $587,000 yearly revenue for similar coffee & tea franchises.
Here are a few competitors:
| Franchise | Investment | Revenue |
|---|---|---|
| It’s Boba Time | ~$600,000 | Undisclosed |
| Krak Boba | $275,000 – $472,000 | $668,000 |
| Daboba | $218,000 – $503,000 | Undisclosed |
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Frequently Asked Questions
How many It’s Boba Time locations are there?
As of the latest data, It’s Boba Time operates 95 locations, with plans to open an additional nine stores in Arizona, Florida, and Nevada. The company has expanded significantly since its founding in 2003, primarily in California, particularly in the Greater Los Angeles area.
What is the total investment required to open a It’s Boba Time franchise?
The total investment required to open a It’s Boba Time franchise ranges from $469,000 to $594,000.
What are the ongoing fees for a It’s Boba Time franchise?
Operating an It’s Boba Time franchise requires ongoing fees, including a 5% royalty fee on gross sales for continued franchise support and a 2% Brand and System Development Fund fee to fund marketing and brand growth efforts. These fees help maintain the brand’s quality and market presence.
What are the financial requirements to become a It’s Boba Time franchisee?
To become an It’s Boba Time franchisee, you need a minimum of $400,000 in liquid assets. While specific net worth requirements aren’t publicly disclosed, having substantial financial resources is essential to cover initial investments and ongoing operational costs. Additionally, prior experience in small business operations is preferred to enhance the likelihood of success.
How much can a It’s Boba Time franchise owner expect to earn?
The average gross sales for a It’s Boba Time franchise are approximately $0.6 million per location. Assuming a 15% operating profit margin, $0.6 million yearly revenue can result in $90,000 EBITDA annually.
Disclaimer
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