Chatime

Chatime

Franzy VerifiedInformation based on 2025 FDD

Food & Beverage · Coffee & Tea

Investment min
$293K
Total: $293K–$494K
Avg gross revenue
$793K
Unit-level, 2025
Franchise fee
$55K
Veteran discount available
Royalty
5%
of gross revenue
Locations
16
Franchising since 2014

Description

What is Chatime?

Chatime is a food service establishment offering gourmet coffees and teas, other coffee and tea-based beverages, bubble tea, compatible food products, coffee and tea makers, and related supplies, accessories, and gifts. The word ‘cha’ means ‘tea,’ so technically ‘chatime’ could be loosely translated into ‘teatime.’ But today, with over 1,500 locations around the globe, Chatime means so much more than that! Chatime is a Taiwanese franchise founded in 2005 with over 1,000 retail outlets across countries like Taiwan, Malaysia, China, India, Macau, Vietnam, Singapore, Hong Kong, Thailand, Korea, Philippines, Indonesia, Australia, Dubai, Vietnam, Canada, UK, Mexico and the United States. Chatime has become one of the largest bubble tea brands in the world and is a publicly traded company showing a quadrupled stock value in 2019 from its mother company La Kaffa. As one of the top beverage companies in the world, Chatime aims to be the most loved and accessible drink brand in the world, revolutionizing the tea drinking culture in the US!

  • 50+ customizable flavor variations available
  • Nearly 20 years operational experience
  • Trendy bubble tea market positioning
  • DIY customization appeals to millennials
  • Energy drink partnerships expand offerings
  • Loyalty program drives repeat customers

Location Analysis

Where Chatime wins

Chatime's geographic footprint concentrates in Western Canada (British Columbia, Alberta) and Southern Ontario's Greater Toronto Area alongside select U.S. metros in California, Texas, and the New York metropolitan area. This clustering reflects strategic positioning in markets with substantial Asian immigrant populations—particularly Chinese, Taiwanese, and Vietnamese communities—where authentic Taiwanese bubble tea carries cultural credibility and established demand. The brand targets urban and inner-suburban retail corridors with high foot traffic, shopping centers, and proximity to college campuses, aligning with its core 18-34 demographic. Review performance averaging 3.7-4.0 stars with moderate to high volume in mature markets indicates reasonable customer acceptance but reveals operational inconsistencies. Positive feedback emphasizes drink variety, customization options, and authentic taste, while recurring complaints about inconsistent preparation, long peak-hour waits, and order accuracy issues suggest franchisee execution variability and insufficient labor deployment during high-demand periods. Higher price points relative to independent competitors create elevated customer expectations that some locations fail to meet consistently. The limited 22-unit count despite two decades of operation suggests cautious expansion or market penetration challenges. Success appears geographically dependent on pre-existing bubble tea culture and dense Asian demographics rather than broad market appeal. Prospective franchisees should prioritize territories with demonstrated beverage customization demand, competitive bubble tea presence indicating category viability, and access to the target demographic concentration. Conduct thorough local market validation including competitive density analysis, demographic verification, and direct discussions with existing franchisees in comparable markets before committing capital.
Total US locations
22
Franchise units
16
Corporate locations
2
Avg. sq. footage
450

Loading map...

Territory check

Is your territory available?

Let's find out.

try

We'll take you through a few quick questions, then Chatime confirms availability directly.

Availability

Financial Analysis

The numbers behind Chatime

Avg gross revenue$793,037
Investment range$293,100 – $493,900
Investment midpoint$393,500
Brand fund2%
Royalty5%
Franchise fee$54,900
Min. net worth$500,000
Min. liquid capital$150,000

Veteran discount available

Chatime participates in a veteran discount program on the franchise fee. Ask your Franzy advisor or the brand for current eligibility and terms.

Chatime presents a mid-tier specialty beverage investment requiring $293,100-$493,900 in initial capital, positioning it in the accessible range for experienced food service operators but substantial for first-time franchisees. Founded in 2005 with only 22 units currently operating, the brand demonstrates limited North American franchise expansion despite nearly two decades in operation, suggesting either selective franchising, development challenges, or market saturation concerns in its core territories. The absence of disclosed franchise fee and zero reported gross revenue raises transparency concerns that warrant direct franchisee validation during due diligence. The coffee and tea subsector offers favorable unit economics through high-margin beverage products and relatively compact footprints (600-1,200 sq ft), though labor intensity during peak periods and inventory complexity from extensive customization options create operational demands. Review feedback indicating inconsistent preparation quality and staffing challenges points to training standardization issues that may impact profitability across the network. The investment range suggests comprehensive buildout requirements including specialized equipment for authentic Taiwanese preparation methods. Prospective investors should approach with measured expectations given the limited unit growth trajectory and request detailed Item 19 financial performance representations, same-store sales trends, and franchisee turnover data. The brand's viability depends heavily on accessing established bubble tea markets with existing consumer education rather than pioneering new territories.
Did you know? Chatime, a Taiwanese bubble tea franchise in the coffee and tea sector, requires an initial investment between $293,100 and $493,900. The franchise fee was not disclosed in available materials. This investment covers buildout for a 600-1,200 square foot retail space equipped for authentic bubble tea preparation, beverage equipment, and initial inventory to support extensive drink customization options.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

The model

How Chatime works

01
Ownership
Part-Time (Executive)

Owner stays in an executive role — sets strategy, hires a manager, and oversees crews. Typically 5–20 hr/wk after ramp; many keep their day job.

Full-Time

Owner runs the business as their primary job — leads the team day-to-day on the ground, 40+ hr/wk.

02
Revenue
Recurring revenueTransaction-basedBig-ticket salesService-basedProduct sales (retail)Hybrid model
03
Customer
undefined

FDD Item 7

Initial investment range

$293K–$494K
Most common
$293,100
Minimum
$393,500
Midpoint
$493,900
Maximum

Per FDD Item 7, total initial investment ranges from $293,100 to $493,900. The midpoint $393,500 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+633% YoY
2520151050
2016
2017
2018
2019
2020
2021
2022
2023
22 units open as of 2025 FDD+19 in last 12 mo

2025 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Chatime's 2025 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2025 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Chatime franchise typically ranges between $293,100.00 and $493,900.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2025. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Chatime
Chatime
$793K avg revenue · 16+ US franchises

Franchises for you

Other brands in the same vertical and investment band — recommendations based on what you've explored.

Spotlight

Franchisor Image
Franzy Verified

Lee's Famous Recipe Chicken

Food & Beverage

Gross Revenue$2,172,042
Min Investment$850,000
Founded1966
Franchise Units94+

Spotlight

Franchisor Image
Franzy Verified

Frios Gourmet Pops

Food & Beverage

Gross RevenueN/A
Min Investment$64,584
Founded2018
Franchise Units115+
Franchisor Image
Franzy Verified

Clusters Handcrafted Popcorn

Food & Beverage

Gross Revenue$274,576
Min Investment$170,800
Founded2017
Franchise Units5+
Franchisor Image
Franzy Verified

Tea Bar - Mobile Unit

Food & Beverage

Gross RevenueN/A
Min Investment$95,000
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

Tea Bar

Food & Beverage

Gross RevenueN/A
Min Investment$266,037
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

3Natives Acai Cafe

Food & Beverage

Gross Revenue$947,071
Min Investment$310,000
Founded2013
Franchise Units42+
Franchisor Image
Franzy Verified

Goodness Bowls

Food & Beverage

Gross RevenueN/A
Min Investment$325,119
Founded2019
Franchise Units5+
Franchisor Image
Franzy Verified

Breadless

Food & Beverage

Gross RevenueN/A
Min Investment$439,202
Founded2025
Franchise UnitsN/A