Royalty fee is 5%.
sure one can start their own bubble tea "innovation". You will have to get supplier for Black Pearls, Mango Pearls , Strawberry Pearls, Coconut Jelly, Aloe Vera, Taro cubes, Grass Jelly, Pudding, Aiyu Jelly, Basil Seeds, Lime Syrup, Taro Powder, Matcha Powder, Creamer, Mango Syrup/puree, Strawberry syrup Puree, Brown Sugar syrup, Caramel, Peach Syrup, Passion Fruit puree, Lychee Syrup, Coffee beans, Black Tea, Earl Grey Tea, Oolong Tea, Green Tea, Wintermelon Tea, Cup sealing machine,
I guess get from suppliers too expensive also. Maybe can invent and cook and create own ingredients in kitchen eh?
AND....work out the formula for great tasting drinks and have a menu of 62 different drinks to compete with the big boys.
What business have you started and run before?