Chatime

Brand Summary

Chatime is a food service establishment offering gourmet coffees and teas, other coffee and tea-based beverages, bubble tea, compatible food products, coffee and tea makers, and related supplies, accessories, and gifts. The word ‘cha’ means ‘tea,’ so technically ‘chatime’ could be loosely translated into ‘teatime.’ But today, with over 1,000 locations around the globe, Chatime means so much more than that! Chatime is a Taiwanese franchise founded in 2005 with over 1,000 retail outlets across countries like Taiwan, Malaysia, China, India, Macau, Vietnam, Singapore, Hong Kong, Thailand, Korea, Philippines, Indonesia, Australia, Dubai, Vietnam, Canada, UK, Mexico and the United States. Chatime has become one of the largest bubble tea brands in the world and is a publicly traded company showing a quadrupled stock value in 2019 from its mother company La Kaffa. As one of the top beverage companies in the world, Chatime aims to be the most loved and accessible drink brand in the world, revolutionizing the tea drinking culture in the US!
$293,100 - $479,900
Investment Range
$793,037
*2024 Average Gross Sales:
$476,602
Other Revenue
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Cha Lab Center of Innovation
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Proprietary Scalable Chatime Supply Chain
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ChaSmart Go-to-Market System
Chatime
5% of Gross Sales
Royalty
2% of Gross Sales
Brand Fund
$500,000
Financial Requirements
Get to know the Brand

Business Basics & Stats

Key Stats

Chatime

Founder

Carlos Antonius

Home Office Location

6000 Sepulveda Blvd., Culver City, CA 90230

Company Founded

2005

Began Franchising

2023

Industry

Beverage, Tea, Bubble Tea

Industry Size

$2.26b in 2022 to $4.08b in 2030

Veteran Discount

$5,000 Off Initial Franchise Fee

Group Health Insurance

No

Company Units Open

2

Franchise Units Awarded All Time

64

Franchise Units Awarded Last 12 Months

60

Franchise Units Open

16

Number of franchisees

35

Desire to scale / multi-unit ownership
Desire to scale / multi-unit ownership
Experience with Sales Leadership
Experience with Sales Leadership
Ability to recruit and scale a team
Ability to recruit and scale a team
Leadership Skills
Leadership Skills
Business Acumen
Business Acumen
Sales or Management Experience
Sales or Management Experience
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