Bobapop Tea Bar
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.
- Rated MODERATE with a risk score of 65/100.
- 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
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Bobapop Tea Bar unit return on the cash you put in?
Unlevered ROIC · per unit
29%
Below typical band (30–60%)
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.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
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)
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
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.
Score breakdown · what drove the 65 / 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
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
1 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Bobapop Tea Bar · FDD (2025) PDF