How much would you pay for a cup of tea?
I'm not talking about your average cup of black tea, or even a glass of sweetened green tea. I'm talking about a cup of tea that's made with fresh-pressed lemons, Himalayan pink salt, and premium Assam black tea leaves. If you're thinking "Who would ever pay more than a few dollars for a cup of tea?", then you haven't been to Happy Lemon.
Happy Lemon is a global chain of bubble tea cafes that has been making waves in the United States over the last few years. Founded in 2006, Happy Lemon now has over 1,000 locations worldwide, including over 400 in China. The company began franchising in the US in 2016 and now has 40+ locations nationwide, with plans to continue expanding.
So what makes Happy Lemon so special? And is franchising with them a smart investment? Let's take a closer look.
The Happy Lemon Experience
Happy Lemon specializes in what they call "salty teas." These are teas that are made with fresh-pressed lemons, Himalayan pink salt, and premium Assam black tea leaves. The result is a tart, refreshing beverage that's perfect for quenching your thirst on a hot day. But what really sets Happy Lemon apart from other bubble tea chains is their focus on quality ingredients and innovative flavor combinations.
Why Happy Lemon Puts Cheese in Their Tea
You might be wondering why Happy Lemon, a global bubble tea chain, decided to put cheese in their tea.
1) It creates a unique flavor profile.
When you think of tea, the first thing that probably comes to mind is not cheese. But that's exactly what makes this pairing so interesting and delicious. The savory taste of cheese complements the sweetness of the tea, creating a flavor profile that you won't find anywhere else.
2) It's a great way to stand out from the competition.
In the world of bubble tea, there are countless options to choose from. So how do you make your bubble tea shop stand out from the rest? By offering something unique and different, like cheese tea! This will not only help you attract new customers, but it will also keep them coming back for more.
3) It's fun and unexpected.
Let's face it: most people don't expect to find cheese in their tea. But that's what makes it so fun! It's a delightful surprise that will leave your taste buds happy and wanting more.
Is Franchising With Happy Lemon a Smart Investment?
Now that we've taken a closer look at what Happy Lemon has to offer, let's talk about whether or not franchising with them is a smart investment. When it comes to franchising opportunities, there are a few things you should always keep in mind: initial investment cost, return on investment (ROI), and location.
Initial investment cost: When you franchise with Happy Lemon, you can expect to pay an initial franchise fee of $40,000. In addition to the franchise fee, you'll also need to have access to at least $250,000 in liquid capital and $500,000 in total net worth. So while the initial investment cost is relatively low compared to other franchise opportunities out there, you will need to have some money saved up before you can get started.
Return on Investment (ROI): The average return on investment (ROI) for a Happy Lemon franchise is 20%. This means that if you invest $250k into opening a franchise location, you can expect to make back $50k per year (on average). While the ROI isn't as high as some other franchise opportunities out there, it's important to remember that 20% is just an average—some franchisees make more money while some make less. With this type of franchise concept owning multiple locations is key.
It's also important to keep in mind that bubble tea is still relatively new in the United States and hasn't reached its full potential yet. As the popularity of bubble tea continues to grow (which it shows no signs of slowing down), the ROI for Happy Lemon franchises is likely to increase as well.
Location: When it comes to choosing a location for your Happy Lemon franchise, you'll want to choose somewhere with high foot traffic (preferably near colleges/universities) and good visibility from the street. happy lemon currently has locations across the country but seems to be particularly concentrated on the West Coast (with most franchises in San Diego and the Bay Area).
Conclusion:
So there you have it! Everything you need to know about franchising with Happy Lemon. While there are some initial costs involved and the ROI isn't as high as some other franchises out there,. Bubble tea is still relatively new in the United States and has yet to reach its full potential— which means now is the perfect time to get involved! If you're looking for an opportunity to be your own boss and bring delicious bubble tea drinks (and yummy food!)to your community,, then franchising with Happy Lemon may be right for you!
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