Is Milky or Bobapop Tea Bar cheaper to open?

Milky costs $207,500–$399,500 and Bobapop Tea Bar costs $185,500–$425,500 to open (FDD Item 7). Bobapop Tea Bar has the lower entry cost.

Which is the better franchise, Milky or Bobapop Tea Bar?

FranchiseVerdict grades Milky C and Bobapop Tea Bar B, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Milky vs Bobapop Tea Bar

Franchise Comparison 2026

Both Milky and Bobapop Tea Bar are quick-service restaurants franchises. Milky requires an investment of $208K – $400K while Bobapop Tea Bar requires $186K – $426K. Neither Milky nor Bobapop Tea Bar makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. FranchiseVerdict rates Milky C (Average) and Bobapop Tea Bar B (Above average).

Metric	Milky	Bobapop Tea Bar
Verdict Grade	CAverage	BAbove average
Investment Range	$208K – $400K	$186K – $426K
Franchise Fee	$35K	$35K
Royalty Rate	6.0%	2.5%
Average Revenue (Item 19)	N/ANo Item 19 representation	N/ANo Item 19 representation
SBA Charge-Off Rate	N/A	N/A
Total Units	0	6
Unit Growth (YoY)	+0 units	+1 units
Year Began Franchising	2025	2022
FDD Year	2025	2025