Bobapop Tea BarFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Bobapop Tea Bar franchise requires a total initial investment of $186K – $426K, including a $35K franchise fee and an ongoing 2.5% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $186K – $426K
- 27th pct Service Resta…
- Avg gross sales
- N/A
- 59th pct Service Resta…
- Royalty
- 2.5%
- 2nd pct Service Resta…
- Units
- 6
- 25th pct Service Resta…
- SBA default
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = >15% above Quick-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchised units fell from 5 to 2 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $186K – $426K including a $35K franchise fee, 2.5% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 57/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Bobapop LLC
- Parent company
- None
- Ultimate parent
- Bobapop International Trade Company, Ltd (Taiwanese licensor of trademark)
- CEO title
- Managing Member and General Manager
- Sam Lin
- CEO experience
- 8 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- MD
- HQ
- 312 Main Street, Suite 100, Gaithersburg, MD 20878
- Auditor
- Mario Marcel of Celtax
- Audited financials
- Franchisor revenue
- $596K
- vs $450K prior year
Overview
About
Bobapop franchisees operate bubble tea retail locations, preparing and serving specialty tea drinks with tapioca pearls and customizable toppings. Day-to-day duties include inventory management, POS operations, staff scheduling, customer service, and marketing. Franchisees are responsible for hiring and training staff, maintaining food safety standards, and meeting brand standards for product quality and store appearance.
- CEO
- Sam Lin
- Headquarters
- MD
- Founded
- 2017
- FDD year
- 2025
- States available
- 2
FDD Item 7 · 2025 filing · 13 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $35K | $35K | |
| Training Feenot refundable | $5K | $5K | |
| Marketing Fee | $5K | $5K | |
| Basic Equipment Packagenot refundable | $12K | $15K | |
| Other Equipment, Furniture, Signage | $30K | $60K | |
| Computers, Printer, Fax, and Other Hardware and Business Software | $4K | $7K | |
| Prepaid Rent and Security Deposit | $5K | $40K | |
| Leasehold Improvements and Architectural Costs | $40K | $150K | |
| Interior Design (3D Rendering of Shop) | $5K | $8K | |
| Initial Inventory of Tea, Powder, Cups, Menu Boards, and Packaging Materials | $25K | $55K | |
| Insurance - Liability and Workers Compensation (Initial Deposit) | $5K | $20K | |
| Legal and Accounting Fees | $5K | $6K | |
| Additional Funds (First 60 Days) | $10K | $20K | |
| Total initial investment | $186K | $426K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $186K – $426K
- Better than avg vs category
- Liquid capital req'd
- $10K – $20K
- Better than avg vs category
- Franchise fee
- $35K – $35K
- Near category avg vs category
- Royalty
- 2.5%
- Gross Sales · typical 6–8%
- Ad fund
- -n/d
- Total fee load
- 2.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 2.5% of gross sales |
| Training fee | $5K |
| Transfer fee | $5K |
| Renewal fee | $10K |
| Total fee load | 2.5% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Quick-Service Restaurants averages
How Bobapop Tea Bar Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 6
- Opened
- 1
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 83%
- vs corporate-owned
- Net growth (yr3)
- +25.0%
- Net unit change last year
- 3-yr CAGR
- +150.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 0
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 2 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
2
states with franchisees (per FDD Item 12)
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Bobapop is a micro-franchise with no financial transparency, unproven unit economics, and a dangerously small system size that limits validation and support infrastructure.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Mario Marcel of Celtax
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 57 / 100 rating
- 01MEDNo Item 19 financial disclosure (avg revenue and net income not disclosed) — impossible to assess ROI or payback period
- 02MINORExtremely small franchise system (only 6 units) with unproven scalability and minimal peer network for support
- 03MINORVery high investment range ($185.5K–$425.5K) relative to system size creates liquidity risk if franchise underperforms
- 04MINORDual royalty structure (2.5%–4%) with non-traditional units undefined — potential for hidden costs or margin compression
- 05MINOR5-year term is shorter than industry standard (typically 10 years), suggesting higher renewal uncertainty
- 06MINOR25% YoY growth on 6-unit base is only ~1.5 net new units — growth rate may not be sustainable or statistically significant
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 0.5 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 5 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | headquarters |
| Jury trial waiver | Yes |
| Governing law | Maryland |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 17 hrs
- Training location
- Franchisor location and franchisee site
- Ongoing training
- Required
- Field support
- 80 hrs/yr
- On-site visits per year
- POS system
- Toast
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast
Item 20 · call current owners
Franchisee Contacts
1 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Bobapop Tea Bar · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Bobapop Tea Bar franchise?
The total investment to open a Bobapop Tea Bar franchise ranges from $186K – $426K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Bobapop Tea Bar franchise owners earn?
Bobapop Tea Bar does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Bobapop Tea Bar's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Bobapop Tea Bar (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Bobapop Tea Bar franchise locations are there?
As of their most recent FDD filing, Bobapop Tea Bar has 6 total units in the United States, including 5 franchised units and 1 company-owned units. 1 new units were opened in the latest reporting year.
Is Bobapop Tea Bar a good franchise to buy?
FranchiseVerdict rates Bobapop Tea Bar as a B-grade franchise with a risk score of 57 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.