This Washington D.C.-based beverage company is the first bubble tea concept on this year's Future 50 ranking. It is an old chain, particularly for a bubble tea brand, and is the largest concept on the ranking by unit count, with 135 locations. But though it has been around for a while, it has taken off more recently as the bubble tea phenomenon has grown. System sales have averaged 37% growth the past three years, and it generated nearly $47 million in sales in 2021.

LocationWilmington, Del.
2021 Systemwide Sales ($000,000)$47*
YOY Sales Change53.4%
2021 U.S. Units135
YOY Unit Change36.4%
2021 Average Unit Volume ($000)$400*
Future 50 Year2022
FranchisingYes

*Technomic estimate

For more insights from Technomic as well as Technomic’s analysis, growth forecast and more:

Find Out More