Meet Fresh franchise
2025 filing · March 6, 2025Growing
Meet Fresh at a glance
A Taiwanese dessert and tea shop serving taro balls, grass jelly, shaved ice and milk teas. At the end of 2024 there were 38 Meet Fresh locations in the US, 30 franchised and 8 company-owned.
The business
- Franchisor
- Meet Fresh Franchising LLC
- The company that sells the franchises
- Current franchisor selling since
- 2016
- 9 years of selling franchises
- Franchisor based in
- City of Industry, California
- Typical size
- 1,500–2,000 sq ft
What you pay
- Cost to open
- $508K–$795K
- Fee, build-out and opening working capital
- Franchise fee
- $20,000
- Paid once, when you sign
- Royalty
- 10%
- 10% of gross revenues, paid each royalty period
- Brand fund
- None now
- No brand fund
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 38
- Franchised and company-owned
- Franchised
- 30
- Company-owned
- 8
- Change in 3 years
- +3
- Franchised locations, 2022–2024
- States
- 13
- Most in California, New York and Texas
Support and records
From Meet Fresh Franchising LLC’s 2025 filing; revenue and net income from its audited financial statements, page 62; 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
Meet Fresh among all franchises with the same figure.
| Figure | Meet Fresh | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $651,250 | Costs more than 73% of franchises |
| Franchise feePaid once, when you sign | $20,000 | Lower than 89% of franchises |
| RoyaltyShare of sales paid to the franchisor | 10% | Higher than 95% of brands with a set rate |
| US locationsFranchised and company-owned | 38 | More than 60% of franchises |
How much a Meet Fresh franchise costs
Opening one Meet Fresh costs an estimated $507,500 to $795,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are architects fees, engineering plans, construction, remodeling, decorating, leasehold improvements, fixtures and furniture ($300,000 to $450,000) and equipment ($70,000 to $100,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $20,000 | ||
| Your Initial Training Expenses | $10,000 | $20,000 | |
| Architects Fees, Engineering Plans, Construction, Remodeling, Decorating, Leasehold Improvements, Fixtures and Furniture | $300,000 | $450,000 | |
| Equipment | $70,000 | $100,000 | |
| Signage | $10,000 | $20,000 | |
| Opening Inventory | $20,000 | $35,000 | |
| Insurance | $10,000 | $12,000 | |
| Security and Utility Deposits, Licenses, Permits, Certificates and other Prepaid Expenses | $8,000 | $20,000 | |
| Legal, Accounting Costs | $2,500 | $5,000 | |
| Grand Opening Promotion | $3,000 | $5,000 | |
| Computers, Point of Sale System and Related Software | $4,000 | $8,000 | |
| Additional Funds for 3 months | $50,000 | $100,000 | |
| Total | $507,500 | $795,000 | |
Source: Meet Fresh Franchising LLC, 2025 filing, page 19
Meet Fresh franchise fee
The franchise fee is $20,000. You pay it when you sign the franchise agreement.
Source: Meet Fresh Franchising LLC, 2025 filing, page 12
Royalty and ongoing fees
| Royalty | 10% of gross revenues, paid each royalty period. |
|---|---|
| Brand or marketing fund | No brand fund |
| Renewal Fee | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Meet Fresh Franchising LLC, 2025 filing, pages 14 and 32
Other fees as filed, from page 14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Meet Fresh 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: Meet Fresh Franchising LLC, 2025 filing, page 50
- Estimate Estimated yearly sales per location
- $440K–$770K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Meet Fresh franchisees
Lenders approved 2 SBA 7(a) loans for Meet Fresh franchisees from 2025 to 2026, $544K 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
Growth and closures
Share of franchised locations, 2024 / 2022–2024. Typical means the median: half of brands are above it, half below.
| Measure | Meet Fresh | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | +15% / +11% | +12% / +100% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 3.8% / 41% | 3.8% / 28% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical bubble tea brand is the median of the 11 brands in bubble tea franchises with three years of counts.
How Meet Fresh compares
Of the 56 bubble tea franchises on this site, Meet Fresh is the 55th cheapest to open and the 9th largest by number of locations.
| Figure | Meet Fresh | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $508K | $264K | $222K |
| Cost to open, high end | $795K | $502K | $477K |
| Franchise fee | $20K | $40K | $40K |
| Royalty | 10% | 5% | 6% |
| US locations | 38 | 8 | 21 |
| 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 | 27 (+5) | 10 | – | – |
| 2022 | 29 (+2) | 10 | +6 | −4 |
| 2023 | 26 (−3) | 9 | +3 | −6 |
| 2024 | 30 (+4) | 8 | +5 | −1 |
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.
Over 4 years, from the start of 2021 to the end of 2024, franchised locations went from 22 to 30 (+8, +36%). The earlier years come from the brand's 2024 filing.
Source: Meet Fresh Franchising LLC, 2025 filing, page 51
2021: Meet Fresh Franchising LLC, 2024 filing, page 46
Where Meet Fresh locations are
At the end of 2024, Meet Fresh had locations in 13 states. The most are in California, New York and Texas.
- California15
- New York6
- Texas3
- Washington3
- Arizona2
- New Jersey2
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 7 | 8 | 15 |
| New York | 6 | 0 | 6 |
| Texas | 3 | 0 | 3 |
| Washington | 3 | 0 | 3 |
| Arizona | 2 | 0 | 2 |
| New Jersey | 2 | 0 | 2 |
| Florida | 1 | 0 | 1 |
| Georgia | 1 | 0 | 1 |
| Hawaii | 1 | 0 | 1 |
| Massachusetts | 1 | 0 | 1 |
All 13 states
| North Carolina | 1 |
|---|---|
| Oregon | 1 |
| Utah | 1 |
Source: Meet Fresh Franchising LLC, 2025 filing, page 52
Who owns Meet Fresh?
Meet Fresh franchises are sold by Meet Fresh Franchising LLC. It is a subsidiary of Easy Way USA, Inc.
From Meet Fresh Franchising LLC’s 2025 filing, page 10.
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: Meet Fresh Franchising LLC, 2025 filing, litigation on page 12, bankruptcy on page 12
Meet Fresh filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from Meet Fresh Franchising LLC’s 2025 filing, issued March 6, 2025; 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 |
|---|---|---|---|
| 2025 filing | March 6, 2025 | Minnesota | Costs, fees and locations, 2022–2024 |
| 2024 filing | – | Minnesota | Locations, 2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bubble tea franchises
All bubble tea franchises
Meet Fresh is also on these lists: food franchises.