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Re: Is Running A Bubble Tea Business Lucrative?
Bubble tea is a good profitable business if properly managed.
A friend borrowed 50K from me few years ago as his son wanted to start a bubble tea shop with some friends. He had just graduated from NTU but did not want a 9-5 office job even though he did his internship with one of the Big5 banks and wanted to try his hands at doing some business. I loaned my friend the cash and was pleasantly surprised when he returned me the loan 5 months later. His son's bubble tea business was so profitable beyond expectations. Last year I met their family and the son was still doing good in the bubble tea business.... driving a $200K continental car and bought his own condo.
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