Popular Milk Tea Franchises in the Philippines
- Serenitea: One of the first milk tea franchises in the Philippines, known for its numerous branches and unique tea flavors.
- Chatime: A leading Taiwanese milk tea franchise with a wide network and popular beverages like pearl milk teas.
Franchise Cost Information
- CoCo Milk Tea: Minimum investment required is $252,100 with a franchise fee of $60,000.
- Macao Imperial Tea: Costs around $30,000 to $50,000 to set up.
CoCo Fresh Tea & Juice Franchise Details
CoCo Fresh Tea & Juice franchise offers a diverse menu with quality ingredients, prioritizing exceptional customer service and providing comprehensive support for franchise owners. Established in 1997 by Chairman Tommy Hung, CoCo is a global brand with a strong presence in the bubble tea industry.
Franchise Ownership and Expansion
- CoCo Fresh Tea & Juice was introduced to the Philippines in 2013 by Tobistro Foods Inc., owned by Larry Evans Tan.
- CoCo outlets are available for multi-unit franchise applications in various international locations.
- The milk tea industry in the Philippines continues to thrive, attracting both local and international brands due to its increasing popularity among consumers.
Market Insight
- The milk tea industry in the Philippines has seen significant growth in recent years, driven by the demand for milk tea among Filipinos, particularly the younger demographic.
- CoCo has established itself as a key player in the Filipino milk tea market, with a strong presence and recognition as a favorite brand among consumers.