85°C Bakery Cafe, also brand-named 85 Cafe, 85°C Daily Cafe, or 85 Degrees C (), is a Taiwanese international chain of retailers selling coffee, tea, and cakes, as well as desserts, smoothies, fruit juices, souvenirs, and bakery products. It has 1000 retail shops worldwide. The chain's parent company (Gourmet Master Co. Ltd) is located in the Cayman Islands. History Wu Cheng-hsueh incorporated the company in January 2003 and opened the first shop in Bao-Ping, Taipei County (now New Taipei) in July 2004. The name "85°C" refers to Wu's belief that is the optimal temperature to serve coffee. In September 2006, the company opened its first overseas store in Sydney Australia. A year later, the first store in China was opened in Shanghai. The first store in Hong Kong was opened in 2012, the first store in the United States in 2008, in Irvine. The US central kitchen began operations in September 2013. In March 2017, the chain's United States central kitchen in Brea, California became its first solar-powered facility worldwide. Revenue In 2016, 67% of the chain's revenue came from China, while 18% came from Taiwan. In 2013, the average US store generated more than US$700,000 in monthly sales, seven times more than an average store in China. Specialities The chain is known for their sea salt coffee, made by sweetening their iced Americano and adding a sea salt whipped cream on the top. This coffee has been featured on TIME Magazine, CNN, and NPR. The concept of this drink supposedly came from the Taiwanese habit of sprinkling salt on fruit to bring out the sweetness. Gourmet Master Co. Ltd In China, 85°C Bakery Cafe stores are advertised as being from Taiwan, but the chain's main company (Gourmet Master Co. Ltd) is registered in the Cayman Islands. Because this mother company is registered in the Cayman Islands, R.O.C. laws do not apply. After being established in Taiwan in 2004 and undergoing equity restructuring in September 2009, the mother company became listed on the Taiwan Stock Exchange in November 2010 under the statute of a foreign company of first listing (thus designated as an "F share," with the "F" denoting "Foreign"). Because the company is listed as an "F share", Wu Cheng-hsueh and other major shareholders pay 20% marginal tax rate on the dividends they receive instead of the top marginal tax rate of 40% they would have to pay as