The Big Business of Bubble Tea

  Переглядів 87,080

Wall Street Millennial

Wall Street Millennial

День тому

Bubble tea has exploded in popularity in recent years, both in the US and across the globe. In this video we look at how bubble tea became so popular as well as the economics of bubble tea shops.
Free and premium investor resources, check out our website: www.differentiatedanalytics.com/
For inquires related to Differentiated Analytics email us at: founder@woodandwoodenterprises.com
Check out our second channel Broken Business Models where we discuss unusual or otherwise suspect businesses that may be unviable: / @brokenbusinessmodels
For business inquires: Mary@creatormanager.co
For other inquiries: Wallstreetmillennial@gmail.com
Check out our new podcast on Spotify: open.spotify.com/show/4UZL13d...
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial #bubbletea #boba
------------------------------
Buddha by Kontekst / kontekstmusic
Creative Commons - Attribution-ShareAlike 3.0 Unported - CC BY-SA 3.0
Free Download / Stream: bit.ly/2Pe7mBN
Music promoted by Audio Library • Buddha - Kontekst (No ...
------------------------------
0:00 - 1:01 Intro
1:02 - 2:52 Why is bubble tea so popular
2:53 - 7:22 Economics of a bubble tea franchise
7:23 China

КОМЕНТАРІ: 248
@thequietplayer3691
@thequietplayer3691 12 днів тому
I grew up in Taiwan. People have been saying it's a fad since 1990s, but the bubble tea businesses are still booming over there somehow.
@ThePhiphler
@ThePhiphler 12 днів тому
I don't think the growth looks exponential, but more like a traditional strong linear growth. Remember kids, "exponential" is not a synonym for "bigly".
@andyfma123
@andyfma123 12 днів тому
Or Ugeeeeeee
@LeonMortgage
@LeonMortgage 12 днів тому
The graph looks like an exponential curve
@ThePhiphler
@ThePhiphler 12 днів тому
@@LeonMortgage Linear curves are never perfect when you measure real things. Exponential growth would imply a rapidly increasing tangent in the later data points, which is absent here.
@Allen_Leigh_Canada
@Allen_Leigh_Canada 12 днів тому
low barrier of entry makes it almost impossible to build a moat around their business.
@PersimmonHurmo
@PersimmonHurmo 11 днів тому
Wtf is the word "bigly"? Did you pull that word straight from a 1970s jello party?
@wahid5923
@wahid5923 12 днів тому
When Jack in the Box entered the bubble tea market, I was surprised and wondered if McDonald's would follow suit.
@abmo6228
@abmo6228 12 днів тому
They have bubble tea in McDonald’s in Asia
@janinaschmitt5562
@janinaschmitt5562 12 днів тому
McDonalds sold Bubble Tea in Germany from 2012 to 2013. Tried it once, it tasted terrible.
@triadwarfare
@triadwarfare 11 днів тому
McDonalds sold a variation of Bubble Tea (Milk Tea) here in the Philippines. It was horrible for me as it seems that it reeks of Aspartame. That sweetener leaves an unnatural aftertaste.
@stevez5134
@stevez5134 11 днів тому
they have CosMc now
@trod5902
@trod5902 11 днів тому
@@triadwarfare aspartame is the WORST. im so glad people agree. literally cant stand the taste of it, its disgusting
@LizardSpork
@LizardSpork 12 днів тому
I think I don't be the guy who opens a bubble tea shop, I want be the guy who supplies that guy with pearls and cups.
@nictse500
@nictse500 12 днів тому
You're already too late
@yikes2612
@yikes2612 12 днів тому
No this doesnt make any sense. You just took the saying about the gold rush and applied it to the bubble tea industry without thinking for a second. The reason why its used for the gold rush is bc it is very very hard to find gold consistently in large quantities and quite easy to consistently sell shovels. This does not apply to bubble tea. You can upcharge bubble tea to a insane amount like 10 dollars for pearls that cost 26cenrs per serving and some milk and syrup. The margin for selling the bubble tea directly is wayyyy higher than selling the raw ingredients
@a8uella
@a8uella 12 днів тому
@@yikes2612depends on how long you plan on making money. Bubble tea is popular now but selling plastic cups is definitely more sustainable over time. Using the bubble tea rush to create a foundation for your plastic cup manufacturing or distribution is a good play for long term even after the fad dies they’ll likely be a new beverage you can still supply
@drek273
@drek273 12 днів тому
@yikes2612 I think he was just joking bro. Holy shit💀
@kylekorona
@kylekorona 12 днів тому
@@nictse500I'm gay too buddy
@dumpdumbdummy9942
@dumpdumbdummy9942 12 днів тому
As someone who uses boba tea as a date night, I can tell you you are downplaying the profit margin. None of these places are paying their workers even 30k a year. And a large cup in Florida will run you about 8 dollars minimum
@glithch
@glithch 12 днів тому
He was not talking about a store in florida though.
@AskMiko
@AskMiko 11 днів тому
@@glithchFlorida is cheaper than California so I’d say the same… each cup is $5-$7 or more based on my last trip to California. The El Monte location is an example of course but the price per cup is definitely over $5.00.
@EIiteTactics
@EIiteTactics 11 днів тому
The video is correct in the profit margin of Ding Tea in California. Bubble tea is already ultra competitive in the last 5 years and a number of brands have expanded too quickly and failed. Look up Honey Boba in California, and you will know what I mean. People are now discerning about the quality of the syrup, if the shop uses real tea and how chewy the tapioca pearls are. Ding Tea unfortunately suffers from the real tea flavor aspect as well as consistency of their tapioca pearls. At least in California they do (they are not alone). Because of its slightly lower quality, Ding Tea is usually a bit cheaper than some other boba shops in the area. Boba Time and Lollicup are also discount boba chains in California.
@carpediem4512
@carpediem4512 11 днів тому
SIMP!!!!!!
@brittenyevans1101
@brittenyevans1101 8 днів тому
The $8.00 dollars is worth it. Because the bubble and boba drinks are the bomb
@dulio12385
@dulio12385 12 днів тому
No sponsor this time. Someone probably got shit-canned over shilling that gambling site in the last video.
@bosshoss69lee
@bosshoss69lee 12 днів тому
Oof
@bobbybabu8244
@bobbybabu8244 12 днів тому
Lmao
@geraldh.8047
@geraldh.8047 12 днів тому
Na, they just won big on that gambling site and don’t need money anymore 😉
@grahamjones5400
@grahamjones5400 12 днів тому
They might as well also do beer and pizza ads, it would fit the gambling audience.
@turningpoint00001
@turningpoint00001 12 днів тому
I can’t even grasp how dumb your comment is. I am a professional political analyst with background in academics and use other providers of prediction markets to do my work. It is not a gambling - it is a professional tool. Trading stocks would be THE SAME gambling in your logic.
@BoSmith7045
@BoSmith7045 12 днів тому
Less than 60k a year in profit. After dealing with employees, customers, suppliers, maintenance, working pretty much everyday unless you close on Sundays which would probably kill your profits it doesn't sound worth it to me.
@codycast
@codycast 12 днів тому
How can those things “kill your profits” when those things are already calculated into the costs that derived at the profit
@BoSmith7045
@BoSmith7045 12 днів тому
@@codycast I am assuming they are were operating 7 days a week. Closing the store to take one day off for your self unless you REALLY trust your two minimum wage employees would eat into what little profit you are making. Perhaps you misunderstood me because I didn't use a comma.
@codycast
@codycast 3 дні тому
@@BoSmith7045 basically your profit is made up of all of the income you bring in minus all of the expenses. What you left with is a profit. So you don’t take that final number and say “well let’s just subtract the expenses for XY and Z“ as that has already been done
@BoSmith7045
@BoSmith7045 3 дні тому
OMG. I talked about changing ONE thing that could change your profits as a aside. And you are acting like I lumped in employees and paper cups. You are hung up on "unless you close on Sundays which would probably kill your profits". Reread the original post without the throw away comment and quit being so autistic.
@jaimeresendiz12
@jaimeresendiz12 12 днів тому
I used to own a couple of boba tea storefronts and food trucks here in Dallas/Ft Worth. Most of this is in the ballpark and accurate on paper. 7:08 But the biggest thing that is way off is about staffing/managing. It’s not easy nor simple. It’s actually the hardest.
@briannewman6216
@briannewman6216 12 днів тому
Sounds like the bubble tea industry is in a bubble.
@contenteater
@contenteater 11 днів тому
💥😮
@travissobeck4939
@travissobeck4939 12 днів тому
I hope that store in California comes with a small living space in the back because you're not affording rent in California with that profit
@ozjef
@ozjef 12 днів тому
Probably why it’s being sold
@mcotton3077
@mcotton3077 12 днів тому
Cassava is an amazing plant! Very popular in West Africa! Hoping West African countries raise their price of cassava sold to benefit from this!!
@shanghaidiscovery2664
@shanghaidiscovery2664 12 днів тому
Nayuki and other retail chains like Heytea in China are not really just bubble tea stores. they sell baked goods, ice cream... etc.
@skipperson4077
@skipperson4077 12 днів тому
tapioca is manioc root which has a C:N complex, also known as cyanide, has to processed to be made non-toxic. (legit food supply, just has to be processed in a certain way). I was in San Francisco when they got their first bubble tea place, Wonderful Foods. There wasn't much for kids to do in the Sunset District, and that shop became it, lined up for bubble tea... When the neighborhood shops saw how successful that operation was, they all started selling bubble tea and bulk candy too. When the Wonderful Food lease came due, the landlord raised the rent 5X. The owner paid it the first time around but left the location when the landlord tried the same thing when the next lease was due for negotiation. In the meantime they were no longer the kids 'spot', just one of many bubble tea places on the street and only making it because family works there. (basically - beware of business opportunities that are 'easy entry')
@alanhonlunli
@alanhonlunli 12 днів тому
Was waiting for a relevant followup to the cyanide information, but it never came.
@skipperson4077
@skipperson4077 12 днів тому
@@alanhonlunli it's discussed on the Wikipedia entry for Cassava at length
@alanhonlunli
@alanhonlunli 12 днів тому
@@skipperson4077 yeah, so u mentioned the fact, but then didn't follow up with anything relevant to it. I thought u would follow up with a story like someone didn't process it right and a bunch of people got sick off bubble tea. But you just changed topics completely.
@skipperson4077
@skipperson4077 11 днів тому
@@alanhonlunli it's not toxic if it's properly processed which in most cases means just heating it up to the right temperature
@silversurfer8237
@silversurfer8237 12 днів тому
Great content. The phenomena of bubble tea is worth analyzing. This will be the foundation for identifying the next fad to buy into.
@yensteel
@yensteel 12 днів тому
Fad or trend, the big question. Some stuff were fads which died in months. Others were seasonal, where they come back. Others simply stayed. 👍
@SpinachLeaf
@SpinachLeaf 12 днів тому
Something loaded with sugar and cream(fats) sells alot im shocked
@LaSombraa
@LaSombraa 12 днів тому
@@SpinachLeafIt literally just taste like watered down milk with a ton of sugar and then they add the pearls lol, it’s really nothing special
@moneypro85
@moneypro85 12 днів тому
These were my jam in 2005. I can't drink them anymore because they are high in calories and low in satisfaction.
@larryc1616
@larryc1616 20 годин тому
More for me!
@Allister2000
@Allister2000 12 днів тому
In Canada, its been around since the late 90s and has grown steadily since then. I feel its reached its peak saturation (at least in the urban areas).
@imjody
@imjody 11 днів тому
Running a brick and mortar shop and only net profiting $45,000 a year is absolutely horrendous.
@MyMovie5858
@MyMovie5858 10 днів тому
That is just the profit from the bubble tea drinks. Nowadays, most bubble tea shops also sell baked goods and fried foods to complement the drinks.
@JoeRogansGutBiome
@JoeRogansGutBiome 12 днів тому
In San Francisco, they go for $8
@user-mh9mw1pe8o
@user-mh9mw1pe8o 11 днів тому
Taiwans national beverage is bubble tea. I went to Tawain in 2017 in college. Then i came back and all i could see is bubble tea shops
@joshboy88420
@joshboy88420 12 днів тому
I promise you the cost of goods in a bubble tea shop are not running 33%. The most expensive part are the pearls, which they charge extra for so those costs are covered. Essentially you are paying for the cup, tea, milk and flavoring. The most expensive part would be the plastic cups and straws, maybe 50 cents. The rest would be around 15 - 25 cents each. I dont see a cup of bubble tea costing more than a 1$ to make.
@Greg-yr1dv
@Greg-yr1dv 12 днів тому
Rent & Salaries are the killers in gastronomy
@user-wo4xz6ri4s
@user-wo4xz6ri4s 12 днів тому
This makes me realise that guy could produce a million views 20min analysis without talking to anyone in the industry... The sincenrity and the professional tone is a joke all along. Wow, i have been watching this guy for years
@anushagr14
@anushagr14 12 днів тому
He looked at china's shop and cost was higher than 33%
@mastpg
@mastpg 12 днів тому
...but you have to set up shop in a "more money than sense" location and employ smiley young people to keep your customers from remembering what an absurd product and price is in front of them.
@danny_invadio
@danny_invadio 12 днів тому
​@user-wo4xz6ri4s I've been thinking the same thing. I've started noticing this with a lot of channels. I'll occasionally run across something I know extremely well and I'll be shocked at how bad the take is on it. Granted he probably spent a lot of time on making the video but the chicken scratch back of the envelope guesstimations are wildly off.
@moonknight3594
@moonknight3594 3 дні тому
Thanks for idea ! My friend is an entrepreneur I'll share this idea with him ! He was finding something new to do new business in my country there is no bubble tea shops so there is huge market to take first movers advantage😮 ! Thanks !
@Descentperson4213
@Descentperson4213 25 хвилин тому
Here in the Philippines we have Bubble/Milk Tea shop literally every corner but landlords have been staying away from them as they won't likely to last 6 months.
@turtledovechen176
@turtledovechen176 12 днів тому
fun fact, here in Taiwan where bubble tea was invented, the look of the bubble tea really don't matter at all, firstly we call all these grab and go tea in cup 手搖杯,meaning it will have to be shake before you drink, most of the time by the store staff or a machine, so the look you see on Japanese or US bubble tea will not be there after you shake them. secondly, the use of clear plastic cup is ban here in Taiwan, so you can't even see how the tea look Lastly tea are just a part of Taiwanese daily life at this point, so posting a picture of tea are like posting that you went to Walmart, no one really cares so me as a Taiwanese traveling around the world, is pretty funny seeing people taking picture with their tea in wired color or fancy pattern
@MyMovie5858
@MyMovie5858 10 днів тому
Asians take pictures of their coffee, not bubble tea. In other parts of the world, it is the other way around.
@db1816
@db1816 11 днів тому
Excellent analysis, your killing it mate
@ericbosken3114
@ericbosken3114 11 днів тому
I think it is kind of funny how this cycles... My wife and I used to go out for bubble tea at the end of our dates in Houston back in 2002-2003
@newyorkvisionary
@newyorkvisionary 12 днів тому
I love bubble tea. First tried it in 2017. I get a fruit tea with 0% sugar and it’s a refreshing and healthier beverage. Kung Fu is the best chain in the US imo. (Coco also pretty good). It will be interesting to see how much more it’s going to grow in the next 10-20 years.
@seanchao8236
@seanchao8236 12 днів тому
wow. amazing research and great video!
@clarklowe5632
@clarklowe5632 12 днів тому
The example you had was a chain if there are more than 55 locations nationwide the minimum wage increased to $20/hr. Might be reason for sale.
@aldyval
@aldyval 12 днів тому
I didnt realize this channel was a Nymphia Wind stan!
@gxvq
@gxvq 12 днів тому
Haven’t seen even the most basic small bubble tea go for less than 6.
@EcomCarl
@EcomCarl 12 днів тому
It's fascinating to see how bubble tea has evolved from its origins in Taiwan to become a global phenomenon, especially with its recent surge in popularity on social media platforms. The customizable nature of bubble tea and its visually appealing presentation make it a hit among younger demographics, driving its widespread adoption and the exponential growth of bubble tea shops worldwide. 🌏🥤
@_Kittensworth
@_Kittensworth 12 днів тому
This video made me really want bubble tea.
@thinktankindi2664
@thinktankindi2664 12 днів тому
Great breakdown of cost.
@IzyHamblinz
@IzyHamblinz 11 днів тому
Probably 5500 in Irvine, CA alone to be honest.. I invested in this startup called Bobacino, they wanted to bring Boba to the rest of America via automated dispensing kiosks. Sounded like a brilliant idea, and they already demoed a working machine. Somehow they screwed it up and went defunct before launching into any markets...
@z50king29
@z50king29 12 днів тому
We were house shopping in El Monte today. Cool
@helotmotto
@helotmotto 8 днів тому
Idk where you get this pricing per cup but here in Austin tx is averaging around 6-8$ per cup now...
@ZontarDow
@ZontarDow 9 днів тому
Around where I live bubble tea is part of a larger business, either selling other foods or selling goods like games.
@MrHangman56
@MrHangman56 12 днів тому
While i dont like bubble tea myself, i wouldnt mind running my own tea shop, but cut down on costs by making it sit in, like anhangout for teens, and reuse cups and spoons instead of straws
@reappermen
@reappermen 12 днів тому
That doesn't actually really decrease costs. Sadly plastic single use items are so cheap, the costs for buying, maintaing and cleaning multi use cups doesn't really come out much cheaper. Plus you also have extra cost for rent and upkeep and such for the sit in space. This is not ment to discurage you btw, just want to pointnout that you should check and calculate carefully what costs how much before opening a shop of any kind.
@tony_two
@tony_two 8 днів тому
Great video! Very interesting!
@abuferasabdullah
@abuferasabdullah 12 днів тому
It’s a Management Consulting episode 😀👍🏼👍🏼
@feedthesnake3394
@feedthesnake3394 11 днів тому
starbucks not converting closing stores into boba shops under a new brand to me is a mindblowing missed opportunity.
@wendyshoowaiching4161
@wendyshoowaiching4161 4 дні тому
It's delicious. 1 cup at occasion time is not unhealthy. As long its delicious fun.
@jayhealth5264
@jayhealth5264 18 годин тому
Not all Bubble Tea places use artificial flavoring.
@joeswanson733
@joeswanson733 8 днів тому
$55,000 profit on $320,000 gross sales a year? that's only around a 17% profit margin so for selling 25 cups a hour you barely bank $4580/month?
@kendalson7100
@kendalson7100 12 днів тому
Yup 12 year olds will love it. It's too sweet for me and a calorie bomb.
@prettypuff1
@prettypuff1 11 днів тому
3:49 need to bring those prices up by $3
@SonjaHamburg
@SonjaHamburg 12 днів тому
Bubble tea still exists??? Some years ago, those shops popped up everywhere in germany, but like a year later they were gone.
@MyMovie5858
@MyMovie5858 10 днів тому
They are everywhere in Southern California. I think we may have more bubble tea shop than coffee shop here.
@deadm0ney
@deadm0ney 6 днів тому
Boba Milk Tea these days in LA costs over $6 now for a large.
@nitiratp
@nitiratp 12 днів тому
My take-away: it's a bit of a bubble.
@paythewave
@paythewave 12 днів тому
Seattle
@havencat9337
@havencat9337 11 днів тому
i can assure you they are profitable in CN. kids order tons of them and this drinks are not cheap when compared to other thigns they can buy.
@Justcetriyaart
@Justcetriyaart 12 днів тому
I was ok when i first tried/saw them... but i hate that when i look for tea shops all i get is boba. I want just regular non sugared tea
@sizanix
@sizanix 9 днів тому
Can't you just order it with 0% sugar?
@lol-zb8to
@lol-zb8to 11 днів тому
i like bubble tea but i get mine 25% sweet or 50% sweet cause the amount of sugar/syrup they put in those drinks by default is insane
@shonevans2563
@shonevans2563 12 днів тому
The bubble burst in nyc years ago
@TGWazoo1
@TGWazoo1 11 днів тому
I think the battleship coffee market is still wide open. Not even Starbucks sells battleship coffee. It commands a premium because hey…it’s battleship coffee.
@Defiantclient
@Defiantclient 12 днів тому
Interesting. So in China, BBT shops have a harder time making a profit, because BBT is even more popular in China so they have price cutting wars so revenue per BBT is competitive. Equipment depreciation is also more severe in China as a result, as "revenue generated per bubble tea machine" is lower before they have to replace them. BBT shops are oversaturated in China. Large chains, as opposed to franchises, pay for a lot of advertising and corporate overhead.
@5JasonKidd2
@5JasonKidd2 6 днів тому
Look up 蜜雪冰城, the company make a shiet load of from Franchisee for the raw materials
@dosgos
@dosgos 12 днів тому
California shop also has management cost of 0, I assume. All these bubble tea shops must be putting pressure on Starbucks and other coffee houses.
@kevinbarry71
@kevinbarry71 12 днів тому
Very common in the Philippines, personally, I think that stuff is absolutely revolting
@nceu9967
@nceu9967 12 днів тому
If you try to open a bubble tea shop here in PH, chances are you just burned all your investment money due to market oversaturation.
@kevinbarry71
@kevinbarry71 12 днів тому
@@nceu9967 very common here.
@yensteel
@yensteel 12 днів тому
You mean the original one? That's quite a shame. Is it the pearls or the drink? What flavours didn't you like? Milk tea?
@kevinbarry71
@kevinbarry71 12 днів тому
@@yensteel anything with those disgusting balls in it. Milk tea is just too sweet. I feel my teeth dissolving
@yensteel
@yensteel 12 днів тому
@@kevinbarry71 Ohhh, they do have way too much sugar in them. Here, you could order it with low sugar or no sugar. It may not make it satisfying for you, which is alright.
@LOPEZAVATAR
@LOPEZAVATAR 12 днів тому
I liked buying bubble tea a lot last year but this year I just got tired of it don’t want to even see it, I just want the tea not the bubbles any more 😂
@DumbledoreMcCracken
@DumbledoreMcCracken 11 днів тому
Doing better than my buddy who is losing 20k per year
@siuabc
@siuabc 2 дні тому
Once this was only known for Asian, and now, everyone knows and young ppl want one!
@truckfinanceaustralia1335
@truckfinanceaustralia1335 11 днів тому
Experienced in credit industry, please stop including depreciation expense as a negative in regards to a business turnover. Depreciation expense is a tool of the taxation office. Say a item was depreciate to zero, would it's market value be 0? The answer is no, it can still produce output.
@gneruinseruihnutshnu
@gneruinseruihnutshnu 11 днів тому
The low entry cost is brutal. This business have absolutely no moat against competition oversaturating your area. Exit-scam-like IPO is the only profitable outcome for these brands.
@gneruinseruihnutshnu
@gneruinseruihnutshnu 11 днів тому
I bought bag of bobba (and reusable straws) in local vietnamese market and made home bubble tea easily and cheaply. Its even easier than making good cappuccino at home.
@bobz1736
@bobz1736 12 днів тому
It looks like the "bubble" has burst...
@sizanix
@sizanix 9 днів тому
If all the US market has right now is bubble tea with artificial flavourings, boy is your market in the early stages yet.
@WWCephas
@WWCephas 12 днів тому
I wonder what it costs in China compared to the US. They are ridiculously expensive here.
@user-qwertyuiopasdfghj
@user-qwertyuiopasdfghj 9 днів тому
Can go as low as 1-1.5 dollar per cup in chains like Mixue, higher end shops sells around 2-5 dollars depending on the location of shops
@sentfromheaven00
@sentfromheaven00 11 днів тому
I love boba tea
@Nohandleentered
@Nohandleentered 12 днів тому
If they made it with chocolate pearls I’d give it a try. I’ll leave it to everyone else until then. I don’t need it
@noxu6368
@noxu6368 12 днів тому
Just tastes like tea with a lot of sugar. I tried it couple times then promised myself won't waste money on it again
@chadakoin1
@chadakoin1 12 днів тому
Needs more sugar and artificial chemicals.
@cilldublin07
@cilldublin07 11 днів тому
2027 who remebers bubble tea??
@Tubes78
@Tubes78 11 днів тому
I tried one but it tasted like instand diabetes, so I never drank one after that.
@qa1e2r4
@qa1e2r4 11 днів тому
*cough* automated vending style machine.... get 30% profit margins lol... mix flavor selection,shake it in the cup, add pearls,seal and sell... cooking robots already do 20 times more operations... shouldn't cost more than 10k
@SillySausage-mq3so
@SillySausage-mq3so 12 днів тому
Never had it never want it.
@rawlyrics9423
@rawlyrics9423 12 днів тому
U trippin
@jer1776
@jer1776 12 днів тому
I had it once, I thought it was gross and too sweet. I prefer plain black or green tea.
@bigmock141
@bigmock141 10 днів тому
Many people think this is healthy because it have tea
@samsonsoturian6013
@samsonsoturian6013 12 днів тому
Restaurant chains in Chine come and go every year.
@AskMiko
@AskMiko 11 днів тому
Dump the delivery service - that money could be spent on employees or operating costs. COGs isn’t 33% for a drink shop. The profits made from delivery is low and not worth it.
@anasqai
@anasqai 6 днів тому
Life becoming boring maybe if have known "Wall Street" as something else, then mind belief of "It got taken over", then news of fun stuff like Bubble Tea(but it's not real Wall's Street).
@vsonic86
@vsonic86 12 днів тому
😂😂😂right on while I work at the bubble tea store. My boss opens 3 fucken locations in A single year. All 3 stores were started to build on the same date and open on the same date with these Chinese lion dance on their grant opening on the same date. wtf is this?
@arbaz79
@arbaz79 12 днів тому
I have tried bubble tea and I found it to be overrated.
@glennda5id
@glennda5id 10 днів тому
It's a Bubble!
@KarinVanBrussel-gw1wi
@KarinVanBrussel-gw1wi 9 днів тому
I 💗 u blender tea🙃🙃🙃
@TheSushiandme
@TheSushiandme 12 днів тому
wtf.... i make more selling derivatives in stocks...
@ZezeDouglas
@ZezeDouglas 3 дні тому
Never tried it. Sounds like liquid sugar.
@brandon-tech
@brandon-tech 12 днів тому
These are cash business so low low taxes
@AriVovp
@AriVovp 11 днів тому
With tax and everything else. You end up with 30k in profit
@contenteater
@contenteater 11 днів тому
Small businesses winning and big monopolies not able to dominate the market. Sounds pretty good to me. 😄 🥤 💦
@lokyinphotography
@lokyinphotography 10 днів тому
Bubbles tea is like a trend, the brand itself decline every 5 years. So they only time to make good money probably the first 2 or 3 years. As new bubbles tea place pop out, people will beginning to forget the old bubble tea. Look at Quickly and Kung Fu tea, they're long gone.
@Cadmus9501
@Cadmus9501 12 днів тому
While bubble tea taste delicious and has a variety of flavors, it is not healthy to drink regularly. The sugar and calorie content is through the roof. The business model has a low cost of entry, making it easy for anyone with the cash to open their own store, the cost side of things made me laugh since I do know people that don't spend anywhere near the amount of money stated in this video in regards to materials or labor, you will see family or friends running these type of businesses to keep cost down. It is not worth getting a franchise because they will lock you into a contract to buy all the equipment and supplies through them at a high price. This type of business suffers from market saturation and if you want to stand out, you need to market yourself as something different, you need some sort of gimmick to stand out or you will go out of business.
@nedrog
@nedrog 12 днів тому
boba is not 4.50 a cup
@Phlegethon
@Phlegethon 12 днів тому
As a Chinese person I’m gonna point out that bubble tea is trash
@kaydog890
@kaydog890 12 днів тому
That's because Taiwan isn't China; As much as you all would like to say.
@user-qwertyuiopasdfghj
@user-qwertyuiopasdfghj 9 днів тому
@@kaydog890its name says otherwise. PRC only get to join UN when ROC was kicked out
@DerHitsch
@DerHitsch 12 днів тому
Really, is Bubble Tea still a thing? I had the impression that this hype has been over for some time, at least in our country.
@yensteel
@yensteel 12 днів тому
It was unchanged at all in asia at least. Still everywhere. I can't say about the west. Covid messed with a lot of stores for one.
@serebii666
@serebii666 12 днів тому
Still very popular in Central Europe, though the market seems to have largely stabilized
@hfh2933
@hfh2933 12 днів тому
In Italy there was the boom from 2019 to 2022. They started closing bubble tea store from then, the market here became very saturated
@grahamjones5400
@grahamjones5400 12 днів тому
This video instantly reminded me of the kpop song " BUBBLE" by the girl group Stayc. 😅😂 lol
@onzbrau
@onzbrau 12 днів тому
bro sounds like an AI voice over
@mynameisnttimmy
@mynameisnttimmy 12 днів тому
slurping giant balls with the texture of boogers through an awkwardly large straw. definitely a gross revenue
@osx86x
@osx86x 11 днів тому
Lots of repetition - i can't discern if this is a text to speech segment
@expensivepink7
@expensivepink7 4 дні тому
where r u getting bubble tea that cheap lol
@ramblingfool9220
@ramblingfool9220 11 днів тому
yummy.
@mathewleuret7881
@mathewleuret7881 12 днів тому
w video
@danny_invadio
@danny_invadio 12 днів тому
You completely butchered the door dash costs. You know damn well they take more than that 2 dollar fee.
Why Lemonade Failed To Disrupt Insurance
19:10
Wall Street Millennial
Переглядів 142 тис.
How Mobile Gaming Companies Make Billions From Fake Ads
10:07
Wall Street Millennial
Переглядів 150 тис.
ОДИН ДОМА #shorts
00:34
Паша Осадчий
Переглядів 4,1 млн
🔥 Україна виходить у ФІНАЛ ЄВРОБАЧЕННЯ-2024! Реакція alyona alyona та Jerry Heil #eurovision2024
00:10
Євробачення Україна | Eurovision Ukraine official
Переглядів 168 тис.
когда одна дома // EVA mash
00:51
EVA mash
Переглядів 9 млн
Why Some Designs Are Impossible to Improve: Quintessence
33:03
Design Theory
Переглядів 1 млн
The INSANE Truth About IKEA
31:03
MagnatesMedia
Переглядів 866 тис.
Why iPhone Sales are Collapsing
8:38
TLDR Business
Переглядів 195 тис.
The Tote Bag Trend Makes NO Sense
14:49
Future Proof
Переглядів 213 тис.
Why Fast Food Has Gotten So Expensive
8:00
CNBC
Переглядів 1,5 млн
Was Toyota Right About EVs All Along?
12:41
Logically Answered
Переглядів 167 тис.
Why Does Saudi Arabia Keep Bailing Out Lucid?
12:06
Wall Street Millennial
Переглядів 163 тис.
How Are Cruise Ships Cheaper Than Hotels?
14:07
Wall Street Millennial
Переглядів 106 тис.
Tesla Is Having A Terrible Year
12:19
Wall Street Millennial
Переглядів 133 тис.
КИРПИЧ ОБ ГОЛОВУ #shorts
0:24
Паша Осадчий
Переглядів 6 млн
Каха с волосами
1:00
К-Media
Переглядів 4,6 млн
ну это логично
0:19
FRANKUS
Переглядів 569 тис.