Premium bubble tea franchise, CoCo Bubble Tea, is celebrating significant milestones in its European and UK expansion, driven by the success of its single-store partnerships introduced earlier this year. With new locations opening in Germany, Spain, and the UK, the brand is not only offering business opportunities to local entrepreneurs but also solidifying its presence in the region through enhanced supply chain support.
The announcement comes ahead of CoCo’s participation in The National Franchise Exhibition, set to take place on 4-5 October at the NEC in Birmingham (Booth T40). This event will give potential franchisees a chance to learn more about the opportunities CoCo offers in Europe and the UK.
A Unique Approach to Franchise Success
CoCo Bubble Tea is known for its partner-centric business model, designed to ensure the long-term success of its franchisees. Kody Wong, Director of Business Development at CoCo Bubble Tea, said: “Our franchisee network in Europe and the UK has been exceptional. Their passion for bubble tea and their entrepreneurial spirit have led to several firsts for the region, and we’ve worked hard to further streamline supply chains and reduce costs to support their growth.”
Since March 2024, CoCo has opened the door for individual entrepreneurs in Europe and the UK to establish single-store franchises. The company has also improved its regional supply chain infrastructure, including the establishment of a dedicated warehouse in Europe to reduce shipping times and enhance profit margins for partners. This focus on logistical efficiency is part of CoCo’s broader commitment to its franchisees’ success.
Local Growth and Integration
Europe’s bubble tea market is expected to grow at a compound annual growth rate (CAGR) of 8% until 2032, and CoCo is tapping into this demand through its single-store partners. Key locations such as Glasgow, Rome, Antwerp, Valencia, and Granada have welcomed new CoCo Bubble Tea stores this year, alongside the brand’s first-ever outlet in Germany.
In Spain, the opening of a new store in a local shopping mall was met with overwhelming interest from residents, highlighting how seamlessly CoCo Bubble Tea integrates into local communities. The brand’s extensive menu and ability to adapt to local tastes, combined with its commitment to research and development, ensure it resonates with consumers across diverse markets.
As Kody Wong noted, “Each new store not only provides consumers with a unique bubble tea experience but also contributes to the growth of local economies and small businesses, helping communities to thrive.”
Why Entrepreneurs are Joining CoCo Bubble Tea
With over 5,000 stores globally, CoCo Bubble Tea’s international reputation is built on more than just its popular products. The franchise model offers comprehensive support in areas such as supply chain management, training, and marketing, helping new business owners build successful ventures.
By partnering with CoCo, franchisees benefit from the brand’s established name, while also receiving the tools needed to navigate the operational aspects of running a business. CoCo’s investment in regional infrastructure, including the dedicated warehouse and enhanced supply channels, is a testament to its commitment to franchisee success.
Looking to the Future
CoCo’s continued expansion across Europe and the UK demonstrates the growing demand for its premium bubble tea offerings and the brand’s ability to support local entrepreneurs. With additional stores planned for the future, CoCo is poised to further strengthen its foothold in the European market while fostering the development of small businesses.
For those interested in joining the CoCo family, the company will be showcasing its franchise opportunities at The National Franchise Exhibition on 4-5 October at Birmingham’s NEC, Booth T40.
About CoCo Bubble Tea
CoCo Bubble Tea is dedicated to building a diverse and sustainable community by offering visually refreshing and delicious bubble tea products. As one of the fastest-growing companies in the beverage industry, CoCo is committed to expanding its global network through partnerships with enterprising individuals who are passionate about creating a unique customer experience.
For more information about franchise opportunities, visit CoCo Bubble Tea’s official website.
