Te'Amo Boba Bar franchise
2024 filing · January 31, 2024
Te'Amo Boba Bar at a glance
A boba tea bar serving milk teas, fruit teas and soft-serve ice cream. At the end of 2023 there were 9 Te'Amo Boba Bar locations in the US, all company-owned.
The business
- Franchisor
- Te'Amo Franchising LLC
- The company that sells the franchises
- Franchising since
- 2023
- Franchisor based in
- Chicago, Illinois
- Typical size
- 900–2,000 sq ft
What you pay
- Cost to open
- $292K–$565K
- Traditional retail premises
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid weekly
- Brand fund
- 1%
- 1% of gross sales, paid weekly; it can rise to 3%
- Agreement length
- 7 years
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 9
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 9
- Change in 3 years
- 0
- Franchised locations, 2021–2023
- States
- 1
- Most in Illinois
Support and records
From Te'Amo Franchising LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Te'Amo Boba Bar among all franchises with the same figure.
| Figure | Te'Amo Boba Bar | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $428,500 | Costs more than 57% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 9 | Fewer than 63% of franchises |
How much a Te'Amo Boba Bar franchise costs
Opening traditional retail premises costs an estimated $292,000 to $565,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($100,000 to $200,000) and equipment ($38,000 to $70,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Training Fee | $10,000 | ||
| Travel and Living Expenses During Training | $1,500 | $10,000 | |
| Initial Inventory | $9,000 | $30,000 | |
| Security Deposit | $6,000 | $11,000 | |
| Rent (Initial 3 months) | $15,000 | $33,000 | |
| Utility Deposits | $1,000 | ||
| Leasehold Improvements | $100,000 | $200,000 | |
| POS System | $4,000 | $8,000 | |
| Computer Hardware and Software | $2,000 | $4,000 | |
| Furniture, Fixtures & Decor | $15,000 | $50,000 | |
| Equipment | $38,000 | $70,000 | |
| Signage | $4,000 | $8,000 | |
| Small Wares | $3,000 | $6,000 | |
| Office Equipment & Supplies | $500 | ||
| Business Licenses & Permits | $500 | $1,500 | |
| Architect Fees | $4,000 | $8,000 | |
| Professional Fees | $2,000 | $5,000 | |
| Business Insurance | $1,000 | $3,000 | |
| Grand Opening Advertising | $3,000 | ||
| Estimated Reimbursement for Our Costs to Attend Your Grand Opening | $2,500 | $3,000 | |
| Miscellaneous | $10,000 | $20,000 | |
| Additional Funds - 3 Months | $20,000 | $40,000 | |
| Total | $292,000 | $565,000 | |
Source: Te'Amo Franchising LLC, 2024 filing, page 12
Te'Amo Boba Bar franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Te'Amo Franchising LLC, 2024 filing, page 7
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid weekly; it can rise to 3%. |
| Technology Fee | $10 per week, currently. |
| Local Advertising and Promotions | Up to 2% of Gross Sales. Currently 1% of Gross Sales. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Te'Amo Franchising LLC, 2024 filing, page 8
Other fees as filed, from pages 8–9. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Te'Amo Boba Bar 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: Te'Amo Franchising LLC, 2024 filing, page 31
- Estimate Estimated yearly sales per location
- $610K–$1.1M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Te'Amo Boba Bar compares
Of the 56 bubble tea franchises on this site, Te'Amo Boba Bar is the 37th cheapest to open and the 22nd largest by number of locations.
| Figure | Te'Amo Boba Bar | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $292K | $264K | $222K |
| Cost to open, high end | $565K | $502K | $477K |
| Franchise fee | $40K | $40K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 1% | 1% | 2% |
| US locations | 9 | 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 | 0 (0) | 3 | 0 | 0 |
| 2022 | 0 (0) | 4 | 0 | 0 |
| 2023 | 0 (0) | 9 | 0 | 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: Te'Amo Franchising LLC, 2024 filing, page 32
Where Te'Amo Boba Bar locations are
At the end of 2023, Te'Amo Boba Bar had locations in 1 state. The most are in Illinois.
- Illinois9
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Illinois | 0 | 9 | 9 |
Source: Te'Amo Franchising LLC, 2024 filing, page 33
Who owns Te'Amo Boba Bar?
Te'Amo Boba Bar franchises are sold by Te'Amo Franchising LLC.
From Te'Amo Franchising LLC’s 2024 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: Te'Amo Franchising LLC, 2024 filing, litigation on page 7, bankruptcy on page 7
Te'Amo Boba Bar filings
The figures on this page come from Te'Amo Franchising LLC’s 2024 filing, issued January 31, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | January 31, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bubble tea franchises
All bubble tea franchises
Te'Amo Boba Bar is also on these lists: food franchises.