Moge Tee Franchise
The bubble tea industry has been increasing worldwide these last few years. It’s a culture that started mainly in Asia, but now the entire world knows about it, and several brands are promoting this industry.
Moge Tee is a global brand offering fresh and quality bubble tea. If you are considering getting into the bubble tea industry as an entrepreneur, Moge Tee offers to franchise worldwide to everyone with the necessary funds and skills.
This article will cover everything about Moge Tee, its franchise system, and whether it’s worth owning one.
Table of Contents
Moge Tee Franchise Wiki
Moge Tee is a popular bubble tea franchise chain operating globally in several countries. They were founded in 2016 in China and have grown in many different countries.
Their franchising journey started in 2018, and they are currently present in mainland China, Australia, Southeast Asia, and North America.
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Moge Tee offers a variety of bubble tea, and their goal is to bring “new-style tea” globally everywhere. They take pride in creating their beverages with fresh ingredients and handcrafted leaf tea, and they also offer dairy and fresh fruits alongside their bubble tea.
They now have over 50 outlets across the world and keep on increasing.
Moge Tee Franchise Benefits
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- Brand Recognition
- Low Cost of Entry
- Support from an Expert Team
- Reduced Risk for Startups
- A Vibrant And Growing Industry
Moge Tee Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Moge Tee Franchise Cost/ Investment / Price / Fee
The expected initial investment to open one Moge Tee franchise store is between $158,700 and $269,300.
This number calculates all the startup costs of opening a store, including the $40,000 franchise fee. The exact number will depend on several factors, such as the location, size, and others.
The exact investment number might be higher than expected if your store is more extensive and is in a more expensive location than average. Once you open the store, you must also pay the brand a 3% royalty fee from your monthly gross sales.
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Moge Tee Franchise Requirements
- Legal to work in USA
- Ability to speak and understand English
- Have all Legal documents
- No criminal record
How Much Money Can I Make With A Moge Tee Franchise
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise hinges on several specific characteristics, such as franchise location, labour costs, commercial lease rates, etc.
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How to Apply For Moge Tee Franchise
First, you must fill out the form to get the franchise. Then the company officials will contact you for further details. After that, you can open this franchise.
Contact details
Website
Conclusion
So far, we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information, please share it with us. Share your thoughts, and we will contact you with new franchises and opportunities. Stay Tuned for more franchises. Thank you
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FAQ (Frequently Asked Question)
Is Moge Tee Franchise profitable or not?
Ans: It is a fast-moving product with fewer margins, but your sale needs to be lowered. So, you can make more profit from this business.
How much does it cost to open Moge Tee Franchise?
The expected initial investment to open one Moge Tee franchise store is between $158,700 and $269,300. This number calculates all the startup costs of opening a store, including the $40,000 franchise fee.
The exact number will depend on several factors, such as the location, size, and others. The exact investment number might be higher than expected if your store is more extensive and is in a more expensive location than average.
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Once you open the store, you must also pay the brand a 3% royalty fee from your monthly gross sales.
Can Everyone Open A Moge Tee Franchise?
Anyone who complies with the requirements for a Moge Tee franchise can apply to become a Moge Tee franchisee. If you are approved, you can open the store. That’s why it’s not possible for everyone who wants it to open a Moge Tee franchise.
Can You Fail With A Moge Tee Franchise?
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Moge Tee might be a famous brand, but it’s still a business that requires good management. You need to be on top of your business and manage it well; if you can’t, you will fail. So, there is a chance you might fail.
How Many Locations Does Moge Tee Have?
Currently, there are more than 70 locations of Moge Tee.
Who Owns Moge Tee?
The current CEO of Moge Tee is Li Zheng.
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Who Founded Moge Tee?
Moge Tee was established in 2012 in the mainland of China. Lee Zheng founded it.
Where Is Moge Tee Headquartered?
The headquarters of Moge Tee is 2428 Wisconsin Ave NW, Washington, District of Columbia, 20007, United States.
Is Moge Tee a Franchise?
Yes, a franchise.
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Disclaimer: The information in this article, like investment, may vary from place to place, so we are not sure about the investment part and other parts.
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