CoCo Fresh Tea & Juice franchise
2026 filing · March 26, 2026
CoCo Fresh Tea & Juice at a glance
A bubble tea shop serving milk teas, brewed tea, coffee, juices and smoothies under the CoCo or Doka name.
The business
- Franchisor
- Infinilush Company Limited
- The company that sells the franchises
- Current franchisor selling since
- 2022
- 4 years of selling franchises
What you pay
- Cost to open
- $221K–$454K
- One CoCo store
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 2% + 4% admin fee
- 2% of net sales plus a 4% administration fee, paid monthly
- Brand fund
- None now
- Not charged at present; up to 2% of net sales
- Agreement length
- 5 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- Franchised, 2025
- 16
- As printed in the filing
Support and records
From Infinilush Company Limited’s 2026 filing; revenue and net loss from its audited financial statements, page 198; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
CoCo Fresh Tea & Juice among all franchises with the same figure.
| Figure | CoCo Fresh Tea & Juice | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $337,650 | Costs less than 52% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
How much a CoCo Fresh Tea & Juice franchise costs
Opening one CoCo store costs an estimated $221,300 to $454,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are interior and exterior signage ($500 to $100,000) and leasehold improvements ($50,000 to $80,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Legal Processing Fee | $2,000 | ||
| Security Deposit | $5,000 | ||
| Store Opening Assistance | $2,400 | $6,000 | |
| Opening Inventory | $40,000 | $50,000 | |
| Leasehold Improvements | $50,000 | $80,000 | |
| Furniture and Fixtures | $27,000 | $44,000 | |
| Interior and Exterior Signage | $500 | $100,000 | |
| Approved Location – Initial Rental Payments and Deposits | $7,000 | $40,000 | |
| Utility Deposit and Fees | $500 | $2,000 | |
| Other Initial Inventory and Opening Supplies | $8,000 | $15,000 | |
| Insurance | $8,000 | $12,000 | |
| Training: Living and Travel Expenses | $3,500 | $6,000 | |
| Professional Fees | $2,000 | $5,000 | |
| Grand Opening Advertising | $5,000 | ||
| Business License and Permits | $400 | $2,000 | |
| Additional Funds - 3 months | $20,000 | $40,000 | |
| Total | $221,300 | $454,000 | |
Source: Infinilush Company Limited, 2026 filing, page 16
CoCo Fresh Tea & Juice franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Infinilush Company Limited, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | 2% of net sales plus a 4% administration fee, paid monthly. |
|---|---|
| Brand or marketing fund | Not charged at present; up to 2% of net sales. |
| Technology Systems Fees | $65 to $400 per month (subject to change) |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Infinilush Company Limited, 2026 filing, pages 11 and 12
Other fees as filed, from page 15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures CoCo Fresh Tea & Juice does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Infinilush Company Limited, 2026 filing, page 51
How CoCo Fresh Tea & Juice compares
Of the 56 bubble tea franchises on this site, CoCo Fresh Tea & Juice is the 25th cheapest to open.
| Figure | CoCo Fresh Tea & Juice | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $221K | $264K | $222K |
| Cost to open, high end | $454K | $502K | $477K |
| Franchise fee | $40K | $40K | $40K |
| Shares earnings figures | No | 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 |
|---|---|---|---|---|
| 2021 | 3 (+2) | 25 | – | – |
| 2022 | 6 (+3) | 25 | – | – |
| 2023 | 11 (+4) | 25 | +5 | −1 |
| 2024 | 14 (+3) | 21 | +5 | −2 |
| 2025 | 16 (+2) | 20 | +5 | −3 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2023 counts come to 32, but the filing shows 31. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Over 5 years, from the start of 2021 to the end of 2025, franchised locations went from 1 to 16 (+15, +1500%). The earlier years come from the brand's 2024 filing.
Source: Infinilush Company Limited, 2026 filing, page 51
2021–2022: Infinilush Company Limited, 2024 filing, page 52
Where CoCo Fresh Tea & Juice locations are
At the end of 2025, CoCo Fresh Tea & Juice had locations in 10 states. The most are in New York, California and Massachusetts.
- New York11
- California9
- Massachusetts3
- Washington3
- Florida2
- Michigan2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New York | 1 | 10 | 11 |
| California | 2 | 7 | 9 |
| Massachusetts | 3 | 0 | 3 |
| Washington | 3 | 0 | 3 |
| Florida | 2 | 0 | 2 |
| Michigan | 0 | 2 | 2 |
| Texas | 2 | 0 | 2 |
| Utah | 2 | 0 | 2 |
| New Jersey | 0 | 1 | 1 |
| Wisconsin | 1 | 0 | 1 |
Source: Infinilush Company Limited, 2026 filing, page 52
Who owns CoCo Fresh Tea & Juice?
CoCo Fresh Tea & Juice franchises are sold by Infinilush Company Limited.
From Infinilush Company Limited’s 2026 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: Infinilush Company Limited, 2026 filing, litigation on page 10, bankruptcy on page 10
CoCo Fresh Tea & Juice filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from Infinilush Company Limited’s 2026 filing, issued March 26, 2026; the earlier ones below are on record with the Minnesota Department of Commerce and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 26, 2026 | Minnesota | Costs, fees and locations, 2023–2025 |
| 2024 filing | – | Minnesota | Locations, 2021–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bubble tea franchises
All bubble tea franchises
CoCo Fresh Tea & Juice is also on these lists: food franchises.