Lollicup

Lollicup

Information based on 2022 FDD

Food & Beverage · Fast Casual

Investment min
$122K
Total: $122K–$383K
Avg gross revenue
N/A
Unit-level, 2022
Franchise fee
$15K
Per current disclosure
Royalty
4%
of gross revenue
Locations
9
Franchising since 2015

Description

What is Lollicup?

Lollicup has established itself as a beloved name in the bubble tea and Asian beverage industry since 2000, bringing the vibrant flavors of boba tea culture to communities across America. This fast-casual concept specializes in creating premium bubble tea drinks, featuring their signature chewy tapioca pearls that are consistently praised for their perfect texture and quality.

Beyond their extensive drink menu, which includes classic milk teas, fruit teas, smoothies, and slushes, Lollicup distinguishes itself with a complementary food menu featuring popular Asian-inspired snacks. Their popcorn chicken and spiral potato twists have become customer favorites, making Lollicup a comprehensive destination for both refreshing beverages and satisfying snacks.

What sets Lollicup apart is their commitment to quality and consistency. Their staff undergoes thorough training to ensure drinks are crafted to perfection, and their boba is freshly prepared throughout the day. The brand has cultivated a modern, welcoming atmosphere that appeals to a diverse customer base, from students and young professionals to families, often becoming a popular community gathering spot.

Lollicup's business model emphasizes quick service without compromising quality, and their locations typically feature both indoor and outdoor seating options. The brand has successfully adapted to changing consumer preferences by offering customizable sugar levels, non-dairy alternatives, and seasonal specialties. With their established presence in the growing bubble tea market and proven operational systems, Lollicup represents an opportunity to join the thriving beverage industry with a recognized brand that maintains high standards of quality and customer service.
  • 24 years of continuous operation since 2000
  • Authentic Taiwanese bubble tea and snack concept
  • Lower investment threshold than fast-casual sector average
  • Specialty Asian menu differentiation strategy
  • Positioned in growing bubble tea market segment
  • Established operational systems and processes

Location Analysis

Where Lollicup wins

Established in 2000, Lollicup has grown to maintain a notable presence across multiple states, demonstrating strategic market penetration on both coasts. The franchise maintains its strongest presence in California, followed by a successful cluster of locations in Colorado, including a notable presence in Denver's Athmar Park area. Additional locations are strategically distributed across Texas and the Eastern seaboard, with market presence in New Jersey, New York, and Pennsylvania, creating a bi-coastal operational footprint. The franchise's strong average customer rating indicates robust operational consistency and customer satisfaction across diverse markets. With over two decades of operational experience, Lollicup's measured expansion strategy has focused on high-potential urban markets, particularly in areas with strong bubble tea consumption patterns. The California concentration provides operational efficiency and brand recognition benefits, while the successful Colorado market penetration demonstrates viability in secondary regions. Market opportunities exist in bridging the geographic gap between established coastal and central markets, particularly in high-traffic urban areas with significant Asian-American populations and college demographics. Ideal future locations should target areas with substantial foot traffic, proximity to educational institutions or shopping centers, and demographics skewing toward younger, trend-conscious consumers. The franchise's selective growth pattern and consistent performance metrics suggest careful location selection has been key to its sustained success across multiple markets.
Total US locations
11
Franchise units
9
Corporate locations
2
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Lollicup

Avg gross revenueN/A
Investment range$122,050 – $383,250
Investment midpoint$252,650
Brand fund2%
Royalty4%
Franchise fee$15,000
Min. net worth
Min. liquid capital
Lollicup presents an accessible investment opportunity with total capital requirements ranging from $122,050 to $383,250, positioning it significantly below the fast-casual sub-sector averages of $406,514-$894,151. This lower barrier to entry makes it attractive to entrepreneurs seeking entry into the growing bubble tea market.

The bubble tea segment benefits from strong demographic tailwinds, particularly among Gen Z and millennial consumers who drive demand for customizable, Instagram-worthy beverages. The Asian-inspired beverage category has experienced substantial growth as mainstream American palates embrace diverse flavor profiles and experiential dining.

With 11 units operating after 24 years since establishment in 2000, Lollicup represents a mature franchise system with limited scale. While the reasons for this growth pattern are not specified in available data, prospective investors should carefully evaluate expansion support and market positioning strategies during their due diligence process.

The Taiwanese-focused menu positioning offers differentiation in the bubble tea landscape, though operational complexity around specialty ingredients and preparation techniques may require dedicated staff training. Territory rights and market protection considerations become important given the competitive nature of the beverage franchise sector.

Prospective franchisees should conduct comprehensive due diligence, review the FDD thoroughly, and consider markets with diverse demographics when evaluating this investment opportunity.
Did you know? Starting your own Lollicup bubble tea and smoothie franchise requires a total investment between $122,050 and $383,250, which includes the $15,000 franchise fee and covers everything from equipment and build-out costs to initial inventory, giving you the chance to bring this popular Asian-inspired beverage concept to thirsty customers in your community.

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

$122K–$383K
Most common
$122,050
Minimum
$252,650
Midpoint
$383,250
Maximum

Per FDD Item 7, total initial investment ranges from $122,050 to $383,250. The midpoint $252,650 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

+22% YoY
15129630
2016
2017
2018
2019
2020
2021
2022
11 units open as of 2022 FDD+2 in last 12 mo

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Lollicup'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 Lollicup franchise typically ranges between $122,050.00 and $383,250.00. 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.

Lollicup
Lollicup
N/A avg revenue · 9+ US franchises

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