BOK TEA is under Fourth Franchise Corporation which specializes in Kiosk and Cart franchising. This is the same company that brought Tikka Tikka Pocket Wraps, Super Mango and Avo Bravo. BOK TEA is inspired by the culture of Taiwan as we know where bubble tea has started and quickly spread throughout the world. BOK TEA has a variety of milk tea flavors such as; Classic milk tea, Dark Chocolate milk tea, Wintermelon milk tea and many more.
What sets BOK TEA apart from its competitors is that we serve our BOK TEA with seasoned fried chicken on top. The term BOK came from the sound produced by chickens and TEA is the term from Milk tea. Our BOK TEA’s appearance makes it more unique than our other competitors.
One thing is certain: Bubble tea is not a fad. This drink is addictive.
BOK TEA is under Fourth Franchise Corporation – a company that believes in progress. We are consistently looking for ways to make our business better by the processes of creative solutions. This makes us more competitive in the market, and enables us to offer our clients the most comprehensive service in the industry today. For this year we are prioritizing two projects. The first is to expand the business with long-term goals and to provide more job opportunities to people living in the Philippines. Second is to continuously enforce quality, service, safety and cleanliness programs and training to our workers to ensure proper service to our customers.
Our commissary is located at 82A West Avenue., Brgy. Phil-Am, Quezon City. This is where we store and prepare our goods. Rest assured that we are practicing food safety measures to ensure the quality of our products. All our employees are well-trained with food safety management.
Mission:
Provide the best quality milk tea and consistent excellent service to all of our customer.
Vision:
To be one of the leading Milktea Stall in the Philippines by providing the best customer service through constant innovation and product development.
How to franchise BOK TEA:
Franchise Package
- Standard Cart – Php350,000.00
- Kiosk Type – Php450,000.00
- Counter Type – Php500,000.00
Inclusive of:
- Heavy Duty BOK TEA Cart (3-4 sqm.)
- Cooking Equipment and Kitchenwares
- Php20,000 worth of Initial Stock
- 2 sets of Complete Uniform
- Site Ocular and Approval
- Free Store Staff Training
- Operations Manual and Contract
- Use of Business Name and Trademark
- Free Store Opening Assistance (Pillar Balloons and Ribbon Cutting)
Here are the easy steps on how to franchise:
1. Submit the completely filled-out letter of intent and franchise application form, and initial requirements:
- Resume
- 2 Government issued I.D.
- Proof of billing
- 1pc. 2×2 I.D Picture
2. Settlement of franchise package, security deposit and signing of the franchise agreement contract.
3. Site ocular and location approval.
4. Completion of other requirements:
- Php3,000 monthly service fee postdated check for 3 years’ contract validity
- Additional stocks payment
- Health card of employees
- Business Permit
- DTI/SEC
- BIR 2303
Contact Details of BOK TEA:
Fourth Franchise Corporation
82-A West Avenue, Barangay Phil-Am,
Quezon City, Philippines
Tel. No.: (02) 905-4147
Mobile No.: (0917)889-8452
Email: inquiry@fourthfranchise
Facebook Page (This link will open on a new window)
Basics of Franchising Bok Tea
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Bok Tea, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising Bok Tea is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Bok Tea offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.
Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.
Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.
Bok Tea is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Bok Tea due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by Bok Tea, reducing the risks associated with independent entrepreneurship.
Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.
Availing financing from various sectors is highly likely due to a good brand reputation.
Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.
Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of Bok Tea also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.
Formula for success that a franchisor may provide.
Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.
5 things to consider when franchising Bok Tea
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
2 Be certain that you can work harmoniously with Bok Tea franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.
3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising Bok Tea.
4 Check if Bok Tea franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.
5 Best location is one key aspect to have a successful Bok Tea franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Bok Tea franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:
Research
Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.
Understand the Franchise Agreement
Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.
Financial Planning
Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.
Training and Support
Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.
Location Selection
If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.
Follow the System
One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.
Provide Excellent Customer Service
Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.
Marketing and Promotion
Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.
Manage Finances Wisely
Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.
Adapt and Innovate
Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.
Network with Other Franchisees
Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.
Stay Committed
Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.
By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful Bok Tea franchisee.