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Updated over 3 years ago,
how profitable are bubble tea (also called boba tea) shops?
Hi BP,
Anyone has any experience having bubble tea/boba tea shop as a tenant? How profitable are those stores compare to restaurants and others businesses? @Joel Owens always said rent to sale should be 1 to 10 for restaurants to be profitable, what should be the rent to sale ratio for these bubble tea shops?
Any input is greatly appreciated.