Quick Verdict · who it fits
It's Boba Time fits first-time franchise buyers looking for a mid-scale food & beverage concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$508K - $633K
Franchise fee (Item 5)
$45K
Royalty (Item 6)
5% + 2% ad
System size (Item 20)
93 +8
Agreement term
10 yrs
Years in business
15+ yrs
Company-owned units
3
Item 3 litigation
2 suits
Model It's Boba Time's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.
Buyer qualifications
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 5% + ad fund 2% on gross sales.
PROJECTED ANNUAL SALES$500,000
$100k$2M
Royalty (5%)
—
Ad fund (2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
How It's Boba Time ranks against 811 Food & Beverage peers we've analyzed.
Initial investment
69th pct · of 811 peers
Franchise fee
74th pct · of 811 peers
System size
75th pct · of 811 peers
Food & Beverage industry averages
Avg investment
$528K - $1.3M
Avg franchise fee
$38K
Avg system size
235
Franchises analyzed
811
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| It's Boba Time | None | $45K | $508K - $633K | 5% | 93 |
| Fvh Jars Franchise, Llc (jars by Fabio Viviani)Similar price | None | $35K | $200K - $635K | 6% | 0 |
| Doctor's AssociatesBiggest system | None | $15K | $227K - $630K | 8% | 18,773 |
| Vintage Hospitality GroupTop-rated in category | Disclosed | $50K | $3.5M - $6.4M | 5.5% | 33 |
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Free explainers to go deeper before you sign.
Brand Analysis
The 2026 Cinnabon Franchisor SPV LLC disclosure puts a Full Bakery at $196,250 to $715,100 with a $35,500 fee, and reports a $600,536 median across 189 enclosed mall bakeries.
Brand Analysis
Chipotle reported 4,186 company-operated restaurants and 15 international licensed restaurants as of June 30, 2026. None are franchised, there is no FDD, and there is nothing to apply for. Qdoba is the franchised version of the same order line, and its 12/25 FDD puts a traditional restaurant at $548,100 to $1,294,000.
Brand Analysis
Cracker Barrel Old Country Store, Inc. reported 656 company-operated stores in 43 states as of January 30, 2026, and the brand has never sold a franchise. Huddle House and Another Broken Egg cover the same daypart with filed FDDs, at $555,375 to $1,715,275 and $792,500 to $1,804,000.
It's Boba Time requires a $45,000 initial franchise fee and a total initial investment range of $508,300–$633,420, per the most recent FDD on file.
It's Boba Time is franchised by Boba Time, Inc., the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the franchisor's corporate history, parents, and predecessors.
No. It's Boba Time does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.
Franchisees pay a royalty of 5% of Gross Sales and an advertising fund contribution of 2% of Gross Sales on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, It's Boba Time has 93 total locations, with 8 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
Per the FDD, It's Boba Time discloses an initial agreement term of 10 years, a renewal fee of $10,000. Review Items 10 and 17 for the full renewal and termination provisions.
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