CoCo Fresh Tea & Juice runs two separate web presences in Canada — a regional storefront site and a distinct global franchising portal — and before relying on anything a seller tells you about "the franchisor," it's worth confirming which entity actually holds the Canadian rights you'd be dealing with. That confirmation shapes who signs your new franchise agreement, who has to consent to the resale, and who could exercise a right of first refusal.
CoCo Fresh Tea & Juice resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.
Getting approved
Price and terms, conditioned on franchisor consent and confirming which corporate entity actually administers the Canadian franchise system.
1–2 weeks†The confirmed Canadian franchisor reviews the incoming buyer and can exercise its right of first refusal instead of letting the resale proceed as negotiated.
several weeks, typically†A franchise disclosure document may still be required for this resale — Ontario courts read the resale-disclosure exemption narrowly, so franchisor involvement in the sale can trigger it even where it's called a private deal.
assessed early†Getting to closing
A mall or street-front premises agreement needs the landlord's written consent to assign, timed alongside the franchisor's own review.
2–6 weeks†The incoming owner typically completes drink-preparation and recipe training before the transfer is finalized.
before or shortly after closing†Funds, keys, and signed documents change hands, alongside a count of perishable tea and topping inventory.
1 day, once conditions are met†Dedicated Canadian storefront (cocofreshtea.ca) for this global bubble tea brand, with an official franchising portal (cocobubbletea.com) actively recruiting partners
Describes itself as a 'Global bubble tea brand... operating in Canada' with an Ontario-facing storefront and locations presence
This is the first real decision in a CoCo Fresh Tea & Juice resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.
| Question | Asset purchase | Share purchase |
|---|---|---|
| What you buy | The kiosk's brewing and sealing equipment, refrigeration, leasehold improvements, inventory, and the benefit of the existing franchise agreement, subject to consent. | The shares of the operating company — the location it holds, and everything it owes. |
| Seller's liabilities | Generally stay behind with the seller's existing corporation. | Generally come with the company, known and unknown. |
| Franchisor consent & ROFR | Required for this specific unit — identifying the correct Canadian franchisor entity is a preliminary step before consent even begins. | Required for the change of control itself — the confirmed franchisor reviews who is actually taking over. |
| The premises | Needs the landlord's consent to assign, timed alongside the franchisor's own review. | Usually stays in place unless the agreement carries its own change-of-control clause. |
| Tax angle | Buyer gets a stepped-up cost base on the assets purchased. | Seller may access the lifetime capital gains exemption on qualifying shares. |
| Typical use | The default for a single kiosk or storefront changing hands. | Less common — occasionally used where an operator holds several units under one company. |
The kiosk's brewing and sealing equipment, refrigeration, leasehold improvements, inventory, and the benefit of the existing franchise agreement, subject to consent.
The shares of the operating company — the location it holds, and everything it owes.
Generally stay behind with the seller's existing corporation.
Generally come with the company, known and unknown.
Required for this specific unit — identifying the correct Canadian franchisor entity is a preliminary step before consent even begins.
Required for the change of control itself — the confirmed franchisor reviews who is actually taking over.
Needs the landlord's consent to assign, timed alongside the franchisor's own review.
Usually stays in place unless the agreement carries its own change-of-control clause.
Buyer gets a stepped-up cost base on the assets purchased.
Seller may access the lifetime capital gains exemption on qualifying shares.
The default for a single kiosk or storefront changing hands.
Less common — occasionally used where an operator holds several units under one company.
We tell you which structure fits — before you sign anything.
No open-ended hourly surprises — the cost is confirmed in writing before any work begins.
| Type of work | Fee | How it's confirmed |
|---|---|---|
| Straightforward purchase or sale | Starting from $3,388.87 Our charges · taxes included | Confirmed in writing once we see the agreement. |
| Larger or more complex deal | Quoted to scope | Short call → fixed written quote before any work begins. |
| Searches, filings & third-party fees | At cost | Itemized on your invoice, not marked up. |
A single CoCo storefront changing hands between one buyer and one seller, once the correct Canadian franchisor entity is confirmed and a standard premises agreement is in place.
Start my file →Resolving which entity actually administers the Canadian franchise system before consent can be sought, or a multi-unit operator's purchase.
Book a consultation →Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.
That's exactly the first thing we confirm. A regional storefront site and a separate global franchising portal don't automatically mean the same office administers both — we get written confirmation of which entity holds the Canadian franchise rights before you rely on anything the seller assumes about consent or a right of first refusal.
It adds a step, though not a legal one — closing typically includes a count and settlement of perishable tea and topping inventory alongside the usual exchange of funds, keys and signed documents, since that inventory's short shelf life means it needs to be reconciled the same day rather than estimated after the fact.
Not necessarily. Ontario courts have read the resale-disclosure exemption narrowly, and franchisor involvement in matching buyer to seller can still trigger a full disclosure requirement.
Often, yes. Acquiring an operating company that holds more than one location is more commonly done as a share purchase, so each location's franchise agreement and lease stay intact at the same time.
Generally simpler — without a cooking line or exhaust hood, the landlord's consent process tends to focus on plumbing, electrical load, and signage rather than ventilation and grease-trap questions.
Related
Where we close franchise resale deals
Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by CoCo Fresh Tea & Juice or its franchisor.
Tell us about your CoCo Fresh Tea & Juice resale — we'll point you the right way and confirm the cost in writing before any work begins.