Mo'Cha Bubble Tea

From Wikitia
Jump to navigation Jump to search

History

Mo'Cha Bubble Tea is a Canadian owned bubble tea chain operating in Ontario. The restaurants are characterized by a "vibrant bold" theme with light wood, darker backsplash and bright purple and green accents.

It was founded in Sarnia, Ontario in 2020 by Canadian entrepreneur and businessman, Moe Deol[1] to supplement lost revenue in his other ventures due to the pandemic. The concept grew into a franchise due to great demand.

The brand is owned by Zip Brands Inc.

Franchise

There are 13 store locations[2] in Ontario and currently expanding into other provinces across Canada. Each franchise owner completes a 14 day training divided into three segments. The franchise development support staff visit the store after opening to assist franchise owners.

The cost of a franchise is $15,000 which is paid once the franchise agreement has been signed.[3] The royalty fee is 4.5% of the total sales which is categorized under the franchise agreement and is paid on a weekly basis to Zip Brands. The marketing fee is an additional 1% of sales which is also paid on a weekly basis. The funds are kept in the "National Advertising Fund" and are used for advertisement and promotional costs. It is also required that franchisees pay $200 a month for a technology contribution.

Locations

Mo'Cha Bubble Tea has locations in Sarnia[4], Brampton, Mississauga, Chatham, Georgetown, London, Milton, Orangeville[5] and Toronto, Ontario.

References

  1. "Moe Deol".
  2. "Mo'Cha store locations".
  3. "Franchise costs".
  4. "Sarnia locations".
  5. "Orangeville locations".

External links

Add External links

This article "Mo'Cha Bubble Tea" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.