CUPP Launches first franchise store in London
CUPP, Bristol’s leading bubble tea company have launched their first franchise store in Feildgate street, London. After successfully opening 5 stores across Bristol and Cardiff, they are excited to be expanding across the UK, with stores in Oxford, Soho, Maidstone, Manchester and Central London planed for Spring 2021.
The global bubble tea market was valued at $1.89B in 2018 but expected to rise to $3.49B by 2026 with a CAGR rise of 8.09% in the period. (*Source 2020 www.businesswire.com). CUPP are already in advanced talks with potential franchisees regarding their franchise package which includes:
- Turnkey operations from £60,000 (including franchise fee)
- Over 600 locations identified
- Multi-unit investors welcomed
- Individually designed stores to fit each specific store requirement
- Assistance with site selection
- Marketing and promotions support