– Low startup costs. Bubble tea does not require expensive equipment, so the cost of getting started can be fairly low.
– Fun and creative process. Creating unique bubble tea flavors and experimenting with different combinations can be fun and rewarding.
– Easy to learn. Bubble tea business owners can typically learn the basics simply by reading online tutorials and watching instructional videos.
– High competition. Due to the popularity of bubble tea, there is a lot of competition in this field, which can make it difficult for new businesses to stand out.
– Low profit margins. Because of the low startup costs and high competition, most bubble tea businesses have to operate on tight profit margins.
– Time consuming. Operating a successful bubble tea business requires a lot of time and effort, from creating recipes to managing inventory and marketing.
– Difficulty in staffing. Finding reliable staff with experience in making bubble tea can be difficult for many businesses.
– Seasonality. Depending on the location, certain seasons may be more profitable than others for bubble tea business owners.