Write a Bubble Tea Business Plan

by Mike | Dec 13, 2014 | Bubble Tea Blog | 338 comments

How to Write a Bubble Tea Business Plan

Before you can start your bubble tea store you will need a plan. The main purpose of writing a business plan is to show that you have clearly thought out your business ideas, evaluated the competition, know the costs of running your business, the potential profits and fully understand the risks of opening a bubble tea shop. When you write a business plan, you want to follow a specific format and show your investors that you are organized, responsible and know every aspect of your potential business.

What’s in a Bubble Tea Business Plan?

Executive Summary
Opportunity
Execution
Team and Company
Financial Plan

Executive Summary This is the 200 hundred foot view of your business plan where you briefly describe your brand, your store and why you know you will be successful at opening a bubble tea shop.

Example: BubbleTeaology will be an amazing Bubble Tea Shop in Chicago, IL. The modern design will fit into a 500 foot square location that is newly constructed in ABC Shopping Mall. BubbleTeaology will be convenietly located in the food court which receives over 10,000 weekly shoppers and potential customers. Our colorful shop, smiling employees and authentic Bubble Tea will entice customers to try our expansive menu where we offer premium Bubble Tea made with 100% Taiwanese Ingredients. The executive summary should be 1 to 2 pages and if you’re stuck on this one, you can write it last.

Opportunity: Here you describe why your bubble tea shop should exist. Are you the first one to the area? Do you have a unique selling proposition or a unique background that makes you suited to sell bubble tea and out preform the competition?

Execution: This is how you’re going to get everything done. How you’re going to secure your lease, build your store, train your employees, source equipment and supplies. Also, how will you build you establish and build your brand, get new customers and keep existing customers coming back for more.

Team and Company: Your team and company will all start with you but you won’t be able to do everything by yourself. Investors want to be confident that you can find, train and hire great employees who will make sure your bubble tea business plan is a success. Here you will also want to go further into how your brand was created and why it is going to crush the competition!

Financial Plan: Financial plans are crucial to banks and investors. How are you going to make sure that your business makes a profit. You will have both fixed and variable costs in your business. The fixed costs will be things like your rent which will not change every month. Variable costs will depend on how much business you’re doing and will change every month. For example, you might need 2 employees working at a time to start out but once things get busy, you will need more and this variable cost will increase. You will also need to calculate your costs and profits. The best way to do this for a bubble tea shop is to think about your costs/cup and how many cups you need to sell a day to first break-even and then to make a profit. While writing a business plan for your bubble tea shop can seem like a daunting task, it will also help you organize and clarify your ideas. Not only will this help potential investors but it will help you and give you the best chance of success.

A Bubble Tea Business Plan

will help to solidify your own vision for your boba tea store. It will also be necessary to show to any investors or partners that you may have. Also, if you require a loan from a bank than a business plan is an absolute must. Once you have your business plan created then you will want to think about where to get your bubble tea machines, custom products, ingredients and how to design your bubble tea store.

How to Open a Bubble Tea Shop:

Free eBook!

338 Comments

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Zay on May 24, 2018 at 3:25 pm

Hello,

I would like to have more information about the price of equipements et the type of training one needs before opening a Bubble Tea.
In addition, I would like to know what are the essential ingredients to make one ?

Thank you so much.
Reply
- Mike on May 24, 2018 at 11:16 pm
  
  Hi Zay,
  
  Thanks for contacting us. I just sent you an email with our ebook.
Phuong Tran on May 30, 2018 at 6:04 pm

Hi Mike! My name is Phuong Tran. Can you send me the bubble tea free book also? I really appreciate!
Reply
- Mike on May 31, 2018 at 11:04 pm
  
  Hi Phuong,
  
  Thanks for contacting us. I just sent you an email with our ebook.
Sharif on May 31, 2018 at 1:40 pm

Hi mike,
I’d like to start a bubble tea shop and need you advice in setting up.
Reply
- Mike on May 31, 2018 at 11:28 pm
  
  Hi Sharif,
  
  Thanks for contacting us. I just sent you an email with our ebook.
Ravi Kumar on June 1, 2018 at 6:46 am

Hi mike,
I’d like to start a bubble tea shop and need you advice in setting up.
Reply
- Mike on June 1, 2018 at 11:02 pm
  
  Hi Ravi,
  
  Thanks for contacting us. I just sent you an email with our ebook.
- Flavia on November 3, 2018 at 1:56 pm
  
  Hi Mike. May I have the free ebook please? my e-mail is [email protected]
bradley hawkins on June 6, 2018 at 1:01 am

hi mike are you able to please help set up with me. also do you ship to australia
Reply
- Mike on June 6, 2018 at 11:06 pm
  
  Hi Bradley,
  
  Thanks for contacting us. We are happy to help you. Yes, we can ship to Australia. I just sent you an email and attached our catalog.
Mike on June 6, 2018 at 6:30 pm

I am looking to start a boba shop in Florida. Can u send me more info. I like your stuff and I am wanting to get a better understand with business plan, your eBook and definitely your catalogs. Do you have a physical store to which we can maybe visit in the States? Please let me know, thank you so much!
Reply
- Mike on June 6, 2018 at 11:23 pm
  
  Hi Mike,
  
  Thanks for contacting us. We would be happy to forward along more information to you. I just sent you an email with our ebook.
- John on June 12, 2018 at 3:35 am
  
  We have been in boba tea business over 15 years. We have over 10 locations nationwide. If you would like to get more information, please contact me at paradisesmoothie.us [email protected]. We’ll do our best to answer any question you might have.
  
  Regards,
  John
Lansel on June 10, 2018 at 12:50 pm

Hello Sir,
I’m from Philippines and I’m really interested with milk tea business. Can you send me a copy of your ebook for starting the business? Thank you.
Reply
- Mike on June 11, 2018 at 2:02 pm
  
  Hi Lansel,
  
  Thanks for contacting us. No problem! I would be happy to send you a copy of our ebook.
falatim on June 20, 2018 at 7:31 pm

Could I please get the ebook as well?
Reply
- Mike on June 20, 2018 at 11:06 pm
  
  Hi Falatim,
  
  Thank you for contacting us! No problem at all! I have emailed you a copy of our ebook. Let me know if you have any questions.
Alvin Wong on June 28, 2018 at 10:47 am

Hi Mike,

Thank you very much for the information. For the last few years I’ve been dreaming about owning a bubble tea shop and finally I have some capital to start! I’m very excited to embark on this new journey and im happy to see there are kind people like yourself to share this information. If possible can I get a copy of your info book? I would greatly appreciate it. Thanks again for your time and efforts. Have a wonderful day!
Reply
- Mike on June 28, 2018 at 11:03 pm
  
  Hi Alvin,
  
  Thank you for contacting us! That is such exciting news! I just emailed you a copy of our ebook. Let me know if you have any questions.
- Esther Perez on June 29, 2018 at 11:17 am
  
  Aloha Mike! Can i also get a copy of that ebook? I would love to start a boba truck here on Kauai.
- Mike on June 29, 2018 at 11:04 pm
  
  Hi Esther,
  
  Thanks for contacting us. That is such exciting news. Keep me posted on how things are going. I just emailed you a copy of our ebook.
Rohit on July 2, 2018 at 12:53 pm

Hi Mike,

I am interested in Opening a bubble tea store, Can you please send me your ebook also information regarding from where I can soiurce all the materials and stuff ?

Thanks in advance.
Rohit.
Reply
- Mike on July 3, 2018 at 11:06 pm
  
  Hi Rohit,
  
  Thank you for contacting us. I just emailed you a copy of our ebook. Please let me know if you have any questions.
Ashley on July 5, 2018 at 10:11 am

Hi looking to get started with a bubble tea business. Please send me the information you provide. Thanks in advance
Reply
- Mike on July 5, 2018 at 11:06 pm
  
  Hi Ashley,
  
  Thank you for contacting us. I would be more than happy to email you our ebook. I look forward to hearing back from you, after you have had a chance to read it.
Sam on July 12, 2018 at 4:57 am

Hi Mike can you please send me a copy of the bubble tea ebook thank you so much I really appreciate it
Reply
- Mike on July 12, 2018 at 11:08 pm
  
  Hi Sam,
  
  Thank you for contacting us. I just emailed you a copy of our ebook. Please let me know if you have any questions.
Raymond on July 26, 2018 at 5:32 am

Hi Mike,

Can you please email me a copy of your ebook? I would like to start my own bubble tea shop.
If I have question, can I contact you directly?

Thank you
Reply
- Mike on July 26, 2018 at 11:04 pm
  
  Hi Raymond,
  
  Thanks for contacting us. That is exciting to hear! I just emailed you a copy of our ebook. Yes, you absolutely can contact me directly with any questions.
Nikki on July 31, 2018 at 8:09 pm

Hi Mike,

Do you know, on average, how many drinks a boba shop sells per day? Not the super popular ones with lines out the door…just average popularity. I’m thinking ~1,000 SF store if that helps.
Reply
- Mike on August 1, 2018 at 1:43 am
  
  Hi Nikki, the most popular ones can sell over 1000 cups/day. But the average is about 100-300 depending on the location.
Anh Nguyen on August 5, 2018 at 10:00 am

Hi, I would like to open a boba tea shop. Can you send me a copy of your ebook?
Thanks a lot
Reply
- Mike on August 5, 2018 at 3:33 pm
  
  Hi Anh,
  
  Thanks for contacting us. I just emailed you a copy of our ebook and I would be happy to answer any questions. Best of luck to you!
Jay on August 8, 2018 at 9:18 pm

Hi Mike, would be grateful if you could kindly send through your ebook on how to set up a Bubble Tea store front.
Many thanks
Jay
Reply
- Mike on August 8, 2018 at 11:20 pm
  
  Hi Jay,
  
  Thanks for contacting us. That is great that you are thinking about a Bubble Tea store front. I just emailed you a copy of our ebook. Let me know if you have any questions.
Dorji Bala on August 11, 2018 at 8:37 am

Hi, I would like to open a boba tea shop. Can you send me a copy of your ebook?
Thanks a lot
Reply
- Mike on August 13, 2018 at 1:39 pm
  
  Hi Dorji,
  
  Thanks for contacting us. That is great! I just emailed you a copy of our ebook. Please let me know if you have any questions.
Jessica Doan on August 14, 2018 at 9:05 pm

Hi Mike, I would like to open a boba tea shop. Can you send me a copy of your ebook?
Thanks a lot
Reply
- Mike on August 14, 2018 at 11:12 pm
  
  Hi Jessica,
  
  Thanks for contacting us. I would be happy to email you our ebook. I look forward to hearing about your boba tea shop.
Eunice Lee on August 15, 2018 at 1:01 am

Hi Mike,

I’m working to open a boba shop on my university’s campus, and your information is so helpful. I would love to learn more about opening a successful shop with your ebook.
Thank you so much!
Reply
- Mike on August 15, 2018 at 11:02 pm
  
  Hi Eunice,
  
  Thanks for contacting us. That is exciting news! I have emailed you a copy of our ebook. I hope you find it helpful!
Terry Ashe on August 22, 2018 at 6:59 pm

Hi Mike I am interested in starting up a business. Can you please send me info? Thank you!
Reply
- Mike on August 22, 2018 at 11:40 pm
  
  Hi Terry,
  
  Thanks for contacting us! I would be happy to help. I just emailed you a copy of our ebook. Let me know if you have any questions.
Carolina on August 25, 2018 at 1:41 am

Good evening,
I am interested in starting up my own bubble tea business. I would like to know more information about how to open a successful business.
Thank you for your cooperation,
Carolina
Reply
- Mike on August 26, 2018 at 12:16 pm
  
  Hi Carolina,
  
  Thanks for contacting us! I would be happy to send you information about starting your Bubble Tea business. I just emailed you a copy of our ebook. I look forward to hearing back from you on how things are going.
Jay on August 29, 2018 at 6:01 pm

Hello Mike,
My wife and I are interested in starting a Boba Tea business. Can you please send me a copy of the ebook?
Thank you!
Reply
- Mike on August 29, 2018 at 11:16 pm
  
  Hi Jay,
  
  Thanks for contacting us. I would be happy to send you that information. I just emailed you a copy of our ebook. Please let me know if there are any questions that I can help you with!
Cheline on August 31, 2018 at 3:49 pm

Hello mike, I’m quite interested with the bubble tea business could u please send me a copy? Thanks!
Reply
- Mike on August 31, 2018 at 11:06 pm
  
  Hi Cheline,
  
  Thanks for contacting us. I would be happy to send you our ebook. I just emailed a copy to you. After you have had a chance to read it, please let me know if you have any questions.
Phearum on September 1, 2018 at 8:29 am

hi Mike, can you send me the ebook as I am looking to open bubble Tea shop in Cambodia By this Email:[email protected], thank you
Reply
- Mike on September 2, 2018 at 12:19 pm
  
  Hi Phearum,
  
  Thanks for contacting us. That is exciting news! I just emailed you a copy of our ebook. I look forward to hearing how your shop is coming along.
- Luis Gonzaga on September 3, 2018 at 10:14 pm
  
  Hi Mike
  
  I’m interested in starting a Boba Tea business. Can you please send me a copy of the ebook?
  Thank you!
Nam on September 4, 2018 at 3:04 am

Hi Mike, Could you please send me a copy of the ebook as well. Thanks
Reply
- Mike on September 4, 2018 at 11:03 pm
  
  Hi Nam,
  
  Thanks for contacting us. I would be more than happy to! I just emailed you a copy. Enjoy!
Leah Ladd on September 12, 2018 at 11:56 pm

Hi I am interested in opening a bubble tea shop in Ohio. But I don’t know where to start. There isn’t one in my area yet. Will u please send me that ebook too? Thank you
Reply
Bv on September 21, 2018 at 11:10 pm

Hello!
Can I get a copy of your ebook as well?
[email protected]

Thank you so much!
Reply
- Bv on September 21, 2018 at 11:11 pm
  
  ***
  [email protected]
miguel mcgruff on September 22, 2018 at 8:22 am

Hello! this site is very interesting. Could you please send me a copy of your e book?
Reply
Mav on September 23, 2018 at 3:22 pm

Dear Mike,

what sizes do you do the custom cups(please can you share the diameters and depths)and what type of plastic do they come in please?
Can we purchase just the cups and film from you as I already have the cup sealing machine (but it a manual).
Reply
- Mike on September 24, 2018 at 2:25 am
  
  Hi Mav,
  
  Thanks for contacting us.
  
  The most common cups are PP which are 95mm in diameter. The come in 12oz, 16oz and 24oz sizes.
  
  We also have 98mm PET custom cups available.
- Daniel on September 25, 2018 at 10:36 pm
  
  Hi I am interested in opening up a bubble tea business in Vancouver Canada. May I also have a copy of the ebook? I would also like to know the price as well as maintenance fees of the equipment needed. Thank you so much
- Mike on September 25, 2018 at 11:38 pm
  
  Hi Daniel,
  
  Thanks for contacting us. That is exciting news! I would be happy to send you a copy. I will also email you our machine prices.
Six on September 25, 2018 at 9:15 pm

Hey, this us so interesting ! Can i have a copy of you ebook please
Reply
- Mike on September 25, 2018 at 11:34 pm
  
  Hi Six,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Vig Tan on September 30, 2018 at 1:45 pm

Please send me the copy of the ebook, Thanks!
Reply
- Mike on October 1, 2018 at 11:17 pm
  
  Hi Vig,
  
  Thanks for contacting us. I just emailed you a copy of our ebook. Please let me know if there is anything else I can help you with.
Jim Tran on September 30, 2018 at 11:51 pm

Hi Mike,
Awesome! We were looking for a starting point in investing into a boba/tea house. Thanks for sharing your knowledge. Would it be possible to receive the eBook as well Mike? Thanks!
Reply
- Mike on October 1, 2018 at 11:21 pm
  
  Hi Jim,
  
  Thanks for contacting us. I am so glad you found the information to be helpful. I would be happy to email you a copy of our ebook. I look forward to hearing back from you on how things are progressing.
Enddy on October 1, 2018 at 6:35 am

Hi Mike

Im interested by your article and would like to open my bubble tea shop
Could you please send a copyof the ebook?

thank you
Reply
- Mike on October 1, 2018 at 11:27 pm
  
  Hi Enddy,
  
  Thanks for contacting us. That is exciting to hear that you are looking to open your own bubble tea shop! I just emailed you a copy of our ebook. Please let me know if you have any questions.
Tati on October 4, 2018 at 5:05 pm

Hi Mike,

Could you please send me a copy of the ebook and catalogs?

Thank you
Reply
- Mike on October 4, 2018 at 11:15 pm
  
  Hi Tati,
  
  Thanks for contacting us. I would be happy to email you that information. Where are you thinking of opening a store?
Cindy on October 7, 2018 at 8:54 pm

Hi Mike,
Could you also send me a copy of the ebook and catalogs as well? I am a business student who is trying to write a business plan about opening a shop.
-Cindy
Reply
- Mike on October 8, 2018 at 11:24 pm
  
  Hi Cindy,
  
  Thanks for contacting us. I would be happy to send you that information. Best of luck with your business plan!
Mike on October 8, 2018 at 11:26 pm

Hi Cindy,

Thanks for contacting us. I would be happy to send that information along. Best of luck with writing your business plan.
Reply
Eric on October 10, 2018 at 4:42 pm

Hi,

Could you send me a copy of your ebook?

Thanks!
Reply
- Mike on October 10, 2018 at 11:22 pm
  
  Hi Eric,
  
  Thanks for contacting us. I would be happy to email you a copy. Please let me know if you have any questions that I could help you with.
John on October 12, 2018 at 7:27 pm

Hi Mike,

I would love to learn more about the bubble tea business and how i could start up. Could you send me a copy of your ebook as well?

Thank you very much!
Reply
- Mike on October 18, 2018 at 12:02 am
  
  Hi John,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Hanna on October 22, 2018 at 9:01 am

Hi Mike,

I would like to learn more about the bubble tea business. Could you send me a copy of your ebook as well please?

Thank you very much!
Reply
- Mike on October 23, 2018 at 12:35 am
  
  Hi Hanna,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
john on October 31, 2018 at 8:58 pm

Hello Mike,

I am interested in starting a Boba Tea business and I would love to learn more and read your book! Could you send me a copy of it please? It would be much appreciated.

Thank you!!
Reply
- Mike on November 1, 2018 at 5:04 am
  
  Hi John,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Ksenia on November 1, 2018 at 6:05 pm

hello Mike,

thank you for the informative article. please send me a copy of the ebook
Reply
- Mike on November 13, 2018 at 11:23 pm
  
  Hi Ksenia,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Robin on November 12, 2018 at 6:12 pm

Hi Mike from Germany, I would also like to open a bubble tea shop. Do you also shop to Germany? And could I also have a copy of your book, that would be great! 🙂
Reply
- Mike on November 13, 2018 at 11:23 pm
  
  Hi Robin,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
haryo h putranto on November 18, 2018 at 6:25 am

Hi Mike i want to add bubble tea to my restaurant would you like send me tha ebook and help me what should i do ? Thanks
Reply
- Mike on November 19, 2018 at 12:36 am
  
  Hi Haryo,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Crystal Zhang on November 20, 2018 at 8:16 pm

Hi Mike,

I’m looking into starting a Bubble Tea shop. Can you send me the ebook that you had mention in other posts?
Thanks!
Reply
- Mike on November 20, 2018 at 11:11 pm
  
  Hi Crystal,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Nemnsis on December 10, 2018 at 12:25 pm

Hi Mike,

I’m very interested in opening my own boba shop. Would you kindly send me the ebook you mentioned, it would really help me out in getting started. Thank you!
Reply
- Mike on December 10, 2018 at 11:12 pm
  
  Hi Nenmsis,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
- Maiko on January 9, 2019 at 7:04 am
  
  Hi Mike,
  My husband and I are interested in opening a Boba tea but not sure how to go about starting one. Can we please get a copy of your ebook too? Thank you
- Mike on January 10, 2019 at 12:21 am
  
  Hi Maiko,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Linet on January 9, 2019 at 10:24 pm

Hello Mike, I am just graduating from Business School. Rather than finding a job, I would like to run my own business. I am interesting in Bubble tea business. I have been searching the way to walk through my business plan, then came across your “How to write a business plan” article. I was hoping if you could share and send me your copy of your ebook to help me with my business plan. Thank you in advance!
Reply
- Mike on January 10, 2019 at 12:46 am
  
  Hi Linet,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Sam on January 13, 2019 at 8:53 am

Hi Mike, We are planning to open bubble tea business, want to know how much initial cost to set up business and how much money required for a month to run bubble tea business. I will be thankful if you send me ebook
Reply
- Mike on January 14, 2019 at 12:09 am
  
  Hi Sam,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Edmond Charette on January 15, 2019 at 4:58 am

Hey I would also love the bubble tea ebook
Reply
- Mike on January 16, 2019 at 12:06 am
  
  Hi Edmond,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
- Dominic Comendador on January 16, 2019 at 10:59 pm
  
  Hello Mike. I keep coming back to this article of yours because we are planning to put up a small shop at our location. Could you please share with me as well the free ebook?
- Mike on January 17, 2019 at 12:12 am
  
  Hi Dominic,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
- youa on January 22, 2019 at 11:34 am
  
  Hi Mike,
  
  Can you send me a copy of the ebook too? Thanks
Sheila on February 4, 2019 at 8:56 pm

Hi Mike i am planning to open a store near my location. Can you please share me ebook to help in my business plan. Thank you in advance.
Reply
- Mike on February 4, 2019 at 11:31 pm
  
  Hi Sheila,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.
Ria Hazel on February 7, 2019 at 1:49 am

Hi Mike, I’m planning to put up a small bubble tea shop. Can you please share me and could you send me a copy of it please? Thank you in advance and your help much appreciated. God Bless Always!
Reply
- Mike on February 8, 2019 at 1:01 am
  
  Hi Ria,
  
  Thanks for contacting us. I just sent you an email and our ebook. I hope you find the information helpful. Let me know if you have any questions.