Gong cha’s glass is more than half full. In fact – it’s running over. We share the recent expansions, growing support team, and what’s in store for the future of the world’s premier bubble tea brand.
MORE POPULAR THAN EVER
Gong cha, the world’s premier bubble tea brand, has kicked off 2023 with a formidable series of expansions, prestigious awards, and is positioned to become one of the world’s largest franchised brands.
The bubble tea market is expected to reach an impressive $4.3 billion by 2027. Gong cha is at the forefront of this emerging sensation and is ripe with market potential. Gong cha is known for a reputation of outstanding performance in unit growth, financial strength and stability, and brand power. It’s why Gong cha was ranked #1 in the Tea Franchise Category on the coveted Entrepreneur magazine’s Franchise 500® – two years in a row.
GROWING SUPPORT TEAM
In addition to a clear commitment to superior quality, premium ingredients, and a scalable and simplified business model, franchisees will find an impressive support structure in the Gong cha brand. Corporate support for franchisees includes an innovative master franchise program that allows seasoned entrepreneurs with enterprise-level experience to develop a large territory and work with individual franchisees. This dynamic network of sub-franchisees opens the door to entrepreneurship for individuals who dream of owning a business and scaling into multiple units or territories.
EXPANSION AND THE FUTURE OF GONG CHA
Gong cha is expanding on growth developments from last year, with over 1,900 locations in 22 countries worldwide. In the United States, we have grown to more than 190 stores in 17 states – and it doesn’t stop there. Projections are to grow by an additional 40% this year with 80 added locations. What does this mean for the future? It means we are on track to exceed over 500 new stores by 2025.
ARE YOU READY TO GROW WITH GONG CHA?
If you think you’re ready to join us as a leader in the rapidly growing bubble tea industry, Gong cha wants to hear from you! We’re looking for franchise owners to join our thriving specialty drink business. Schedule a call with our team today to request more information about opening a Gong cha franchise.