Wanpo Tea Shop franchise
2026 filing · April 13, 2026Growing
Wanpo Tea Shop at a glance
A tea shop selling milk tea, fruit tea and juice drinks with tapioca, for takeout or dine-in. At the end of 2025 there were 11 Wanpo Tea Shop locations in the US, all franchised.
The business
- Franchisor
- Aim Good USA Corporation
- The company that sells the franchises
What you pay
- Cost to open
- $110K–$196K
- Fee, build-out and opening working capital
- Franchise fee
- $25K–$40K
- Set by the area
- Royalty
- 3%
- 3% of gross monthly sales with a minimum of $600 a month, paid quarterly
- Renewal fee
- $10,000
- When the agreement ends and you sign again
- Agreement length
- 3 years
Where it is
- US locations, 2025
- 11
- Franchised and company-owned
- Franchised
- 11
- Company-owned
- 0
- Change in 3 years
- +9
- Franchised locations, 2023–2025
- States
- 4
- Most in California, New York and Texas
Support and records
From Aim Good USA Corporation’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Wanpo Tea Shop among all franchises with the same figure.
| Figure | Wanpo Tea Shop | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $152,950 | Costs less than 77% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 3% | Lower than 98% of brands with a set rate |
| US locationsFranchised and company-owned | 11 | Fewer than 60% of franchises |
How much a Wanpo Tea Shop franchise costs
Opening one Wanpo Tea Shop costs an estimated $109,600 to $196,300. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are inventory, equipment, and raw material fees ($30,000 to $50,000) and 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 | $25,000 | $40,000 | |
| Security Deposit | $10,000 | ||
| Inventory, Equipment, and Raw Material Fees | $30,000 | $50,000 | |
| Design Fee | $1,800 | $2,500 | |
| Brand Maintenance Fees | $1,800 | ||
| Interior construction and Remodeling Fees | $15,000 | $30,000 | |
| Business Insurance | $2,000 | $4,000 | |
| Advertisement | $4,000 | $8,000 | |
| Additional Funds – 3 Months | $20,000 | $50,000 | |
| Total | $109,600 | $196,300 | |
Source: Aim Good USA Corporation, 2026 filing, page 15
Wanpo Tea Shop franchise fee
The franchise fee is $25,000 to $40,000, set by the area. You pay it when you sign the franchise agreement.
Source: Aim Good USA Corporation, 2026 filing, page 10
Royalty and ongoing fees
| Royalty | 3% of gross monthly sales with a minimum of $600 a month, paid quarterly. |
|---|---|
| Transfer Fees | $10,000 |
| Renewal Fee | $10,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Aim Good USA Corporation, 2026 filing, page 12
Other fees as filed, from pages 12–14. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Wanpo Tea Shop 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: Aim Good USA Corporation, 2026 filing, page 38
- Estimate Estimated yearly sales per location
- $310K–$550K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Wanpo Tea Shop | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | 0% / +450% | +12% / +100% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 0% / 0% | 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 Wanpo Tea Shop compares
Of the 56 bubble tea franchises on this site, Wanpo Tea Shop is the 2nd cheapest to open and the 20th largest by number of locations.
| Figure | Wanpo Tea Shop | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $110K | $264K | $222K |
| Cost to open, high end | $196K | $502K | $477K |
| Franchise fee | $25K | $40K | $40K |
| Royalty | 3% | 5% | 6% |
| US locations | 11 | 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 |
|---|---|---|---|---|
| 2023 | 5 (+3) | 0 | +3 | 0 |
| 2024 | 11 (+6) | 0 | +6 | 0 |
| 2025 | 11 (0) | 0 | 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: Aim Good USA Corporation, 2026 filing, pages 38–39
Where Wanpo Tea Shop locations are
At the end of 2025, Wanpo Tea Shop had franchised locations in 5 states and territories. The most are in California, New York and Texas.
- California4
- New York3
- Texas2
- Guam1
- Washington1
| State | Franchised |
|---|---|
| California | 4 |
| New York | 3 |
| Texas | 2 |
| Guam | 1 |
| Washington | 1 |
Source: Aim Good USA Corporation, 2026 filing, page 39
Who owns Wanpo Tea Shop?
Wanpo Tea Shop franchises are sold by Aim Good USA Corporation.
From Aim Good USA Corporation’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 pages 9–10. |
|---|---|
| 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: Aim Good USA Corporation, 2026 filing, litigation on pages 9–10, bankruptcy on page 10
Wanpo Tea Shop filings
The figures on this page come from Aim Good USA Corporation’s 2026 filing, issued April 13, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 13, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bubble tea franchises
All bubble tea franchises
Wanpo Tea Shop is also on these lists: food franchises.