Krak Boba franchise
2022 filing · February 18, 2022Shares sales figures
Krak Boba at a glance
A bubble tea shop serving boba drinks and retail items.
The business
- Franchisor
- Krak Boba Franchising LLC
- The company that sells the franchises
- Typical size
- 900–1,500 sq ft
What you pay
- Cost to open
- $184K–$361K
- Fee, build-out and opening working capital
- Franchise fee
- $49,500
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross revenues, paid monthly, plus 2% to the brand fund
- Brand fund
- 2%
- 2% of gross revenue, paid monthly
- Renewal fee
- See terms
- 10% of the then- current Initial Franchise Fee.
- Agreement length
- 10 years
- Territory
- Protected
- Protected territory
Where it is
- Franchised, 2021
- 0
- As printed in the filing
From Krak Boba Franchising LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Krak Boba among all franchises with the same figure.
| Figure | Krak Boba | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $272,000 | Costs less than 60% of franchises |
| Franchise feePaid once, when you sign | $49,500 | Higher than 64% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
How much a Krak Boba franchise costs
Opening one Krak Boba costs an estimated $183,500 to $360,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements, construction and/or remodeling ($25,000 to $100,000) and operating expenses/additional funds – 3 months ($20,000 to $50,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $49,500 | ||
| Your Training Expenses | $2,000 | $5,000 | |
| Premises Lease Deposit/Rent | $9,000 | $24,000 | |
| Utility Deposit | $1,000 | $2,000 | |
| Design & Architect Fees | $6,000 | $12,000 | |
| Professional Fees | $2,000 | $4,000 | |
| Leasehold Improvements, Construction and/or Remodeling | $25,000 | $100,000 | |
| Furniture, Fixtures, Equipment and Supplies | $30,000 | $40,000 | |
| Signage | $3,000 | $7,500 | |
| Business Licenses and Permits | $1,500 | $2,500 | |
| POS Systems | $1,500 | $3,000 | |
| Security System | $1,000 | $2,000 | |
| Initial Inventory to Begin Operating | $20,000 | $40,000 | |
| Office Equipment and Supplies | $1,000 | $3,000 | |
| Grand Opening Advertising | $7,500 | $10,000 | |
| Insurance | $2,500 | $6,000 | |
| Operating Expenses/Additional Funds – 3 Months | $20,000 | $50,000 | |
| Total | $183,500 | $360,500 | |
Source: Krak Boba Franchising LLC, 2022 filing, page 19
Krak Boba franchise fee
The franchise fee is $49,500. You pay it when you sign the franchise agreement.
Source: Krak Boba Franchising LLC, 2022 filing, page 10
Royalty and ongoing fees
| Royalty | 6% of gross revenues, paid monthly, plus 2% to the brand fund. |
|---|---|
| Brand or marketing fund | 2% of gross revenue, paid monthly. |
| Transfer Fee | 50% of the then- current Initial Franchise Fee. |
| Renewal Fee | 10% of the then- current Initial Franchise Fee. |
| Local Advertising and Marketing | Minimum 1.5% of Gross Revenue per month. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Krak Boba Franchising LLC, 2022 filing, page 11
Other fees as filed, from pages 11–13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Krak Boba publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Krak Boba Franchising LLC, 2022 filing, page 46
SBA loans to Krak Boba franchisees
Lenders approved 10 SBA 7(a) loans for Krak Boba franchisees from 2023 to 2025, $2.09M 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 Krak Boba compares
Of the 56 bubble tea franchises on this site, Krak Boba is the 16th cheapest to open.
| Figure | Krak Boba | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $184K | $264K | $222K |
| Cost to open, high end | $361K | $502K | $477K |
| Franchise fee | $50K | $40K | $40K |
| Royalty | 6% | 5% | 6% |
| Brand fund | 2% | 1% | 2% |
| 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 |
|---|---|---|
| 2019 | 0 (0) | 0 |
| 2020 | 0 (0) | 0 |
| 2021 | 0 (0) | 1 |
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 2021 counts come to 0, but the filing shows 1. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Krak Boba Franchising LLC, 2022 filing, pages 46–47
Who owns Krak Boba?
Krak Boba franchises are sold by Krak Boba Franchising LLC. Its filing names no parent company.
From Krak Boba Franchising LLC’s 2022 filing, page 8.
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: Krak Boba Franchising LLC, 2022 filing, litigation on page 10, bankruptcy on page 10
Krak Boba filings
The figures on this page come from Krak Boba Franchising LLC’s 2022 filing, issued February 18, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | February 18, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bubble tea franchises
All bubble tea franchises
Krak Boba is also on these lists: food franchises.