Tag: Chatime
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Bubble Tea Chain Franchisees Sound Warning Over Business Model
Overview: Franchisee Alarm Over Early 2022 Assumptions Leaders in the bubble tea sector are sounding alarms about a high-stakes business model that underpins a popular chain. In early 2022, discussions between a prospective franchisee, known here as Ben, and Chatime executives, including long-time chief executive Carlos Antonius, raised questions about the assumptions baked into the…
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Bubble Tea Franchisees Sound Alarm Over Business Model
Overview: Franchisees raise concerns about the model In a move that has raised questions about the viability of certain growth tactics in the bubble tea sector, a number of Chatime franchisees have voiced concerns about the company’s business model. The core of the dispute centers on a benchmark set for daily sales that many operators…