Boba Cucue franchise
2025 filing · April 2, 2025GrowingShares sales figures
Boba Cucue at a glance
A quick-service tea house serving handcrafted boba tea drinks. At the end of 2024 there were 14 Boba Cucue locations in the US, 10 franchised and 4 company-owned.
The business
- Franchisor
- Boba Cutea US Group, LLC
- The company that sells the franchises
What you pay
- Cost to open
- $200K–$383K
- A single shop
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5.5%
- 5.5% of monthly gross sales, plus an optional 1% brand fund contribution
- Brand fund
- 1%
- 1% of gross sales
- Agreement length
- 10 years
Where it is
- US locations, 2024
- 14
- Franchised and company-owned
- Franchised
- 10
- Company-owned
- 4
- Change in 3 years
- +10
- Franchised locations, 2022–2024
- States
- 5
- Most in Arizona, Texas and Alaska
From Boba Cutea US Group, LLC’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Boba Cucue among all franchises with the same figure.
| Figure | Boba Cucue | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $291,525 | Costs less than 58% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5.5% | Lower than 66% of brands with a set rate |
| US locationsFranchised and company-owned | 14 | Fewer than 56% of franchises |
How much a Boba Cucue franchise costs
Opening a single shop costs an estimated $199,850 to $383,200. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Boba Cutea US Group, LLC, 2025 filing, page 1
Boba Cucue franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Boba Cutea US Group, LLC, 2025 filing, page 12
Royalty and ongoing fees
| Royalty | 5.5% of monthly gross sales, plus an optional 1% brand fund contribution. |
|---|---|
| Brand or marketing fund | 1% of gross sales. |
| Software subscription | Currently, $100- $200 per month |
| Replacement/Additional Training fee | Currently, $350 per day |
| Local Marketing/Required Spending | 4% of your gross sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Boba Cutea US Group, LLC, 2025 filing, page 12
Other fees as filed, from page 13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Boba Cucue publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Boba Cutea US Group, LLC, 2025 filing, page 41
- Estimate Estimated yearly sales per location
- $350K–$620K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Boba Cucue franchisees
Lenders approved 2 SBA 7(a) loans for Boba Cucue franchisees from 2025 to 2026, $620K in all. None has been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Boba Cucue compares
Of the 56 bubble tea franchises on this site, Boba Cucue is the 21st cheapest to open and the 15th largest by number of locations.
| Figure | Boba Cucue | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $200K | $264K | $222K |
| Cost to open, high end | $383K | $502K | $477K |
| Franchise fee | $40K | $40K | $40K |
| Royalty | 5.5% | 5% | 6% |
| Brand fund | 1% | 1% | 2% |
| US locations | 14 | 8 | 21 |
| Closed or left per year | 0% | 0% | – |
| Shares earnings figures | Yes | 19 of 56 | 2,147 of 3,352 |
Typical is the median across the 56 brands in bubble tea franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 0 (0) | 4 | 0 | 0 |
| 2023 | 5 (+5) | 4 | +5 | 0 |
| 2024 | 10 (+5) | 4 | +5 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Boba Cutea US Group, LLC, 2025 filing, page 43
Where Boba Cucue locations are
At the end of 2024, Boba Cucue had locations in 5 states. The most are in Arizona, Texas and Alaska.
- Arizona8
- Texas3
- Alaska1
- Nevada1
- New Mexico1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Arizona | 4 | 4 | 8 |
| Texas | 3 | 0 | 3 |
| Alaska | 1 | 0 | 1 |
| Nevada | 1 | 0 | 1 |
| New Mexico | 1 | 0 | 1 |
Source: Boba Cutea US Group, LLC, 2025 filing, page 44
Who owns Boba Cucue?
Boba Cucue franchises are sold by Boba Cutea US Group, LLC.
From Boba Cutea US Group, LLC’s 2025 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Boba Cutea US Group, LLC, 2025 filing, litigation on page 11, bankruptcy on page 11
Boba Cucue filings
The figures on this page come from Boba Cutea US Group, LLC’s 2025 filing, issued April 2, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | April 2, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bubble tea franchises
All bubble tea franchises
Boba Cucue is also on these lists: food franchises.