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Boba Nation Franchise FDD, Costs & Fees (2026)

Boba Nation is a beverage franchise offering bubble tea, smoothies, and specialty drinks, serving younger consumers and families who enjoy customizable beverages, and known for extensive flavor combinations, vibrant store branding, and scalable formats designed to capture growing boba demand.

KEY FRANCHISE STATS

Franchisees

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1
+
n.a.
n.a.
Franchise fee

?

$30,000
Investment

?

$350,000 - $495,000
Revenue (AUV)

?

Undisclosed

$0

+
n.a.
n.a.
Upgrade

Boba Nation is a fast-growing bubble tea and beverage franchise known for its large and diverse menu. The company was founded in 2021 and quickly established itself in the competitive beverage industry with a focus on customizable drinks and desserts.

Boba Nation is headquartered in San Jose, California, where its corporate operations and franchise support teams are based.

The brand began franchising in 2022, giving entrepreneurs the chance to open their own Boba Nation locations in multiple markets. Since then, it has expanded across California and continues to grow nationwide.

Boba Nation serves more than just classic bubble tea. Its menu features over 250 beverages and dessert items, including milk teas, fruit teas, smoothies, shakes, ice cream floats, and specialty creations. This wide product range attracts a broad customer base and helps boost repeat visits and average ticket size.

Initial investment

The initial investment required for a Boba Nation franchise is $350,000 - $495,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

type of expenditure amount
Initial Franchise Fee $30,000
Premises Lease/Utility Deposit $7,000 – $10,000
Designer/Architect Fee $13,000 – $15,000
Leasehold Improvements, Construction and/or Remodeling $150,000 – $250,000
Furniture, Fixtures, Equipment and Supplies $110,000 – $130,000
Exterior Signage, Menu Board, Low Voltage $5,000 – $8,000
POS System, Computer Hardware, and Software $2,000 – $3,000
Security and Music System $5,000 – $6,000
Initial Inventory to Begin Operating $7,000 – $10,000
Business Permits and Licenses $500 – $1,000
Insurance $1,000 – $2,500
Professional Fees $2,000 – $4,000
Your Training Expenses $1,000 – $2,000
Uniforms $500
Grand Opening Advertising $6,000 – $8,000
Operating Expenses / Additional Funds – Three Months $10,000 – $15,000
Total Estimated Initial Investment $350,000 – $495,000

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type of expenditure amount
Initial Franchise Fee $30,000
Premises Lease/Utility Deposit $7,000 – $10,000
Designer/Architect Fee $13,000 – $15,000
Leasehold Improvements, Construction and/or Remodeling $150,000 – $250,000
Furniture, Fixtures, Equipment and Supplies $110,000 – $130,000
Exterior Signage, Menu Board, Low Voltage $5,000 – $8,000
POS System, Computer Hardware, and Software $2,000 – $3,000
Security and Music System $5,000 – $6,000
Initial Inventory to Begin Operating $7,000 – $10,000
Business Permits and Licenses $500 – $1,000
Insurance $1,000 – $2,500
Professional Fees $2,000 – $4,000
Your Training Expenses $1,000 – $2,000
Uniforms $500
Grand Opening Advertising $6,000 – $8,000
Operating Expenses / Additional Funds – Three Months $10,000 – $15,000
Total Estimated Initial Investment $350,000 – $495,000

Franchise Disclosure Document

Below is Boba Nation's 2024 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.

Number of units

Boba Nation had 3 total units in 2024, of which 1 were franchised-owned and 2 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Boba Nation

key competitors in the

Coffee & Tea

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Upgrade
EBITDA
Upgrade

1

New
+
n.a.
n.a.

5.00%

$350,000

-

$495,000

$0

n.a.

$xxx,xxx

n.a.

xx%

n.a.

Training

Boba Nation provides a comprehensive, structured training program designed to ensure that franchisees operate their business to the brand’s standards. The training components are as follows:

  1. Initial Management Training Program
    Franchisees, including up to two principals and one general manager, must attend a ten-day Initial Management Training Program conducted at the franchisor’s headquarters or an affiliated outlet. This training must be completed to the franchisor’s full satisfaction prior to opening. While there is no tuition fee for the initial trainees, franchisees are responsible for all related expenses including travel, lodging, and meals.
  2. Opening Assistance
    Boba Nation provides on-site opening assistance by a trained representative for up to two days at no additional charge. This support helps ensure a smooth launch of the franchised business. The trainer assists with real-time guidance and operational setup.
  3. Ongoing and Additional Training
    The franchisor may require franchisees to attend ongoing training, including annual national meetings or conventions, not exceeding five days per year. Attendance is mandatory, and failure to attend is considered a default of the franchise agreement. Franchisees cover all costs, including any tuition, travel, and accommodations.
  4. Remedial Training
    Upon request or as deemed necessary, Boba Nation will provide on-site remedial training. This service costs $350 per trainer per day, in addition to travel and related expenses. This ensures franchisees receive extra support when performance or standards fall short.

Territory Protection

Boba Nation provides franchisees with a defined territory that is outlined in their Franchise Agreement. This “Designated Territory” is typically the smaller of either a two-mile radius or an area with a population of 20,000 people, and is shaped by various demographic and geographic factors.

During the agreement’s term, and provided the franchisee is in compliance, the franchisor agrees not to open another Boba Nation location or grant rights to others to do so within that territory.

However, the territorial protection is not fully exclusive. Boba Nation retains the right to distribute its products and services within the franchisee's territory through alternate channels such as grocery stores, gift shops, airports, and the internet.

Competitors

Below are some of Boba Nation's key competitors in the Coffee & Tea sector.

Azal Coffee

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$227,000 - $333,000
Revenue

?

Upgrade

Auntea Jenny

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$285,000 - $596,000
Revenue

?

Upgrade

WANPO

Franchisees

?

11
+
450%
450%
Investment

?

$110,000 - $196,000
Revenue

?

Upgrade

TPTEA Tea Shop

Franchisees

?

16
+
78%
78%
Investment

?

$425,000 - $447,000
Revenue

?

Upgrade

Peet's Coffee

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$1,035,000 - $1,697,000
Revenue

?

Upgrade

Sugar Llamas

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$252,000 - $368,000
Revenue

?

Upgrade

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