Teapulse franchise
2026 filing · April 29, 2026Shares sales figures
Teapulse at a glance
A tea shop serving boba, fruit and milk teas, smoothies, slushies, coffee and pastries for dine-in, takeout and delivery. At the end of 2025 there were 3 Teapulse locations in the US, all company-owned.
The business
- Franchisor
- Teapulse Franchise Group LLC
- The company that sells the franchises
What you pay
- Cost to open
- $259K–$860K
- Fee, build-out and opening working capital
- Franchise fee
- $29,800
- Plus a $20,000 store launch service fee
- Royalty
- 5%
- 5% of gross revenues, paid weekly, plus a brand fund contribution of currently 1% (up to 3%) and 1% on local marketing
- Brand fund
- None now
- No brand fund
- Agreement length
- 10 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 3
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 3
- Change in 3 years
- 0
- Franchised locations, 2023–2025
From Teapulse Franchise Group LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Teapulse among all franchises with the same figure.
| Figure | Teapulse | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $559,450 | Costs more than 68% of franchises |
| Franchise feePaid once, when you sign | $29,800 | Lower than 81% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 3 | Fewer than 78% of franchises |
How much a Teapulse franchise costs
Opening one Teapulse costs an estimated $259,300 to $859,600. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Teapulse Franchise Group LLC, 2026 filing, page 17
Teapulse franchise fee
The franchise fee is $29,800, plus a $20,000 store launch service fee. You pay it when you sign the franchise agreement.
Source: Teapulse Franchise Group LLC, 2026 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross revenues, paid weekly, plus a brand fund contribution of currently 1% (up to 3%) and 1% on local marketing. |
|---|---|
| Brand or marketing fund | No brand fund |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Teapulse Franchise Group LLC, 2026 filing, pages 11 and 30
Sales and earnings
Shares figures Teapulse publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Teapulse Franchise Group LLC, 2026 filing, page 49
- Estimate Estimated yearly sales per location
- $640K–$1.2M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Teapulse compares
Of the 56 bubble tea franchises on this site, Teapulse is the 28th cheapest to open and the 42nd largest by number of locations.
| Figure | Teapulse | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $259K | $264K | $222K |
| Cost to open, high end | $860K | $502K | $477K |
| Franchise fee | $30K | $40K | $40K |
| Royalty | 5% | 5% | 6% |
| US locations | 3 | 8 | 21 |
| 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) | 0 | – | – |
| 2023 | 0 (0) | 0 | 0 | 0 |
| 2024 | 0 (0) | 2 | 0 | 0 |
| 2025 | 0 (0) | 3 | 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: coffee franchise costs and franchise failure rates.
Over 4 years, from the start of 2022 to the end of 2025, franchised locations went from 0 to 0, no change. The earlier years come from the brand's 2025 filing.
Source: Teapulse Franchise Group LLC, 2026 filing, page 51
2022: Teapulse Franchise Group LLC, 2025 filing, page 48
Who owns Teapulse?
Teapulse franchises are sold by Teapulse Franchise Group LLC.
From Teapulse Franchise Group LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 6. |
|---|---|
| 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: Teapulse Franchise Group LLC, 2026 filing, litigation on page 6, bankruptcy on page 11
Teapulse filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from Teapulse Franchise Group LLC’s 2026 filing, issued April 29, 2026; the earlier ones below are on record with the NASAA Electronic Filing Depository and the Minnesota Department of Commerce and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 29, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
| 2025 filing | – | Minnesota | Locations, 2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bubble tea franchises
All bubble tea franchises
Teapulse is also on these lists: coffee franchises, food franchises.