Krak Boba

Krak Boba

Information based on 2022 FDD

Food & Beverage · Coffee & Tea

Investment min
$275K
Total: $275K–$472K
Avg gross revenue
$701K
Unit-level, 2022
Franchise fee
$50K
Per current disclosure
Royalty
6%
of gross revenue
Locations
6
Franchising since 2022

Description

What is Krak Boba?

Krak Boba represents an exciting newcomer in the rapidly expanding bubble tea and beverage market. Founded in 2021, this innovative franchise has quickly carved out its niche in the competitive Food & Beverage industry by offering a fresh take on the beloved Asian drink phenomenon.

What sets Krak Boba apart is their commitment to crafting authentic, high-quality bubble tea drinks while incorporating modern twists that appeal to today's diverse consumer base. Their menu features a carefully curated selection of traditional milk teas, fruit-based beverages, and signature drinks that showcase creativity and premium ingredients.

The franchise's modern, Instagram-worthy store designs create an inviting atmosphere that attracts both bubble tea enthusiasts and curious newcomers. Each location serves as a social hub where customers can gather, study, work, or simply enjoy their perfectly crafted beverages.

Krak Boba's business model emphasizes operational efficiency and quality control, ensuring consistency across all locations while maintaining the artisanal touch that customers have come to expect. Their comprehensive training program equips franchise owners with the knowledge and skills needed to maintain high standards and deliver exceptional customer experiences.

Despite being relatively new to the franchise scene, Krak Boba has demonstrated remarkable growth potential, particularly appealing to entrepreneurs looking to capitalize on the booming bubble tea trend. With the bubble tea market continuing to expand in North America, Krak Boba positions itself as an attractive opportunity for those seeking to enter this dynamic and growing segment of the beverage industry.
  • Trendy bubble tea concept
  • Lower investment than competitors
  • Strong revenue performance reported
  • Emerging growth opportunity
  • Social media friendly product
  • Millennial-focused beverage positioning

Location Analysis

Where Krak Boba wins

Krak Boba, a relatively new entrant in the bubble tea market established in 2021, maintains a growing presence with limited geographic distribution data available. As an emerging brand in the competitive beverage sector, Krak Boba presents both opportunities and challenges for potential franchisees. The concentrated nature of their current footprint suggests a strategic focus on establishing strong market presence before broad expansion.

The ideal location profile for a Krak Boba franchise aligns with typical bubble tea demographics: areas with high concentrations of millennials and Gen Z consumers, proximity to college campuses or urban centers, and locations with substantial Asian-American communities. High-traffic retail corridors with complementary businesses like casual dining and entertainment venues can provide steady customer flow.

Given the brand's early stage and emerging market presence, significant expansion opportunities exist across major metropolitan markets, particularly in areas with demonstrated bubble tea demand. Prime territories include college towns, urban shopping districts, and areas with young, diverse populations. Prospective franchisees should focus on locations with high foot traffic, strong daytime population density, and demographics matching the core bubble tea consumer profile.

Success factors include selecting sites with excellent visibility, adequate parking, and proximity to target demographics. The emerging nature of the brand requires careful location selection to establish strong market presence and build brand recognition.
Total US locations
7
Franchise units
6
Corporate locations
1
Avg. sq. footage
N/A
Territory check

Is your territory available?

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

try
Availability

Financial Analysis

The numbers behind Krak Boba

Avg gross revenue$700,879
Investment range$275,384 – $471,833
Investment midpoint$373,609
Brand fund2%
Royalty6%
Franchise fee$49,500
Min. net worth
Min. liquid capital
Krak Boba requires an investment range of $275,384 - $471,833, positioning it as an accessible entry point in the coffee and tea franchise sector. The investment sits below sub-sector averages of $296,954 - $610,306, making it attractive for first-time franchisees seeking lower capital requirements in the growing bubble tea market.

The reported gross revenue of $700,879 substantially exceeds the sub-sector average of $307,288, though this single data point requires careful evaluation given the system's limited operational history. Established in 2021 with only 7 units, Krak Boba represents an emerging franchise system in the early growth phase, which presents both opportunity and inherent development-stage risks.

The bubble tea segment benefits from strong millennial and Gen-Z consumer adoption, driven by social media influence and premium beverage trends. However, the market faces increasing competition from established players and independent operators, requiring strong operational execution and brand differentiation.

Ideal investors should possess $150,000-200,000 liquid capital and hands-on management capabilities, as emerging systems typically require more direct involvement. The limited unit count suggests less established operational systems and support infrastructure compared to mature franchises. Territory availability likely remains broad given the small footprint, though market protection policies require FDD review. Multi-unit development potential exists but depends on system growth trajectory and franchisor expansion capabilities. Prospective investors must carefully evaluate the franchisor's experience, training programs, and ongoing support structure through comprehensive due diligence.
Did you know? Did you know that launching your own Krak Boba franchise - bringing those Instagram-worthy bubble tea creations and trendy Asian-fusion drinks to your community - requires a total investment between $275,384 and $471,833, which covers everything from the $49,500 franchise fee to equipment, buildout, and working capital needed to start serving those addictive boba drinks that keep customers coming back for more?

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

FDD Item 7

Initial investment range

$275K–$472K
Most common
$275,384
Minimum
$373,609
Midpoint
$471,833
Maximum

Per FDD Item 7, total initial investment ranges from $275,384 to $471,833. The midpoint $373,609 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.

FDD Item 19

Average gross sales

$800K$640K$480K$320K$160KN/A
$691K
$701K
2021
2022
2023
Avg
$464K
YOY change (2022 -> 2023)
+1%

According to Item 19 of the Franchise Disclosure Document, Krak Boba has an average gross revenue of $701K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+600% YoY
865320
2019
2020
2021
2022
2023
7 units open as of 2022 FDD+6 in last 12 mo

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Krak Boba's 2022 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 2022 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a Krak Boba franchise typically ranges between $275,384.00 and $471,833.00. 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) that is publicly available and that we have on record, which was issued in 2022. 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. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Krak Boba
Krak Boba
$701K avg revenue · 6+ 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