kung fu tea franchise cost

Franchise. KF Tea Franchising LLC is a Delaware limited liability company formed April 17, 2013. For the initial term … Franchise. If you love bubble tea, then why not join a Gong cha bubble tea franchise. It is very difficult to indicate an average or approximate cost as there are too many variables to be consider. So, if you choose to open a bubble tea franchise, here are some of the best bubble tea franchises you can buy in the united states of America; 10 Best Bubble Tea Business Franchise Opportunities for Sale and Their Cost. More... English. Here are areas where you are expected to spend money and the cost associated with it; The total investment necessary to begin operation of a Kung Fu Tea shop franchise is $124,050 to $428,050 for a standard Kung Fu Tea shop and $124,050 to $281,050 for a non-traditional unit. Kung Fu tea is one of the successful tee shop brands in the USA. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? TKK FRANCHISE … Kung Fu Tea. Gong Cha today is one of the most recognized bubble tea brands around the world. Initial Franchise Fee: Single Franchise Fee: $41,500/ per unit: Estimated Initial Investment: $177,430 – $335,400/ per unit: Agreement Duration: 10 years: Franchise Fee (monthly) 4.5% of Sales: Marketing and Advertising Fee: 1% of Sales for national. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. The franchisor offers franchises for the operation of retail shops selling a variety of oriental style brew tea, bubble tea, coffee, juices, smoothies and other hot and cold drinks. Is There a Weight Limit for Indoor Skydiving? Copyright © 2020 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Franchise Fee: master – S$300,000 / Area – S$150,000 / Single unit – S$50,000 Initial Capital Investment: N/A Royalty: 1st year – 10% of monthly gross revenue / 2nd year – 12% of monthly gross revenue / 3rd year – 15% of monthly gross revenue Kung Fu Tea offers a selection of bubble teas and signature drinks from base ingredients such as milk, yogurt, punch or slush. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. If the company – owned Centers comprise the majority of a given Cooperative, the maximum and minimum fees for that Cooperative will be consistent with the range stated in this Item 6. First, a shop should pay the franchise fee in amount of $37,000, the training fee ($10,000), and purchase the equipment, which is from … It does not include taxes collected from customers. About Menu APP Franchise … You can join them in elevating the world of made-to-order beverages and challenging the face of the beverage industry through fresh, innovative, and fearless efforts. Learn about the day-to-day activities of a bubble tea business owner, the typical target market, growth potential, startup costs, legal considerations, and more! Download the Kung Fu Tea app to earn rewards! News. Kung Fu Tea > There is an initial franchise fee of $37,000 … Store daily sales. 143 reviews of Kung Fu Tea – CLOSED “This franchise … Kung Fu Tea has a great thing going here and if your vision and passion is anything like theirs, then this would be a fantastic choice for your new franchise business. Franchise Grade One Liberty Place 1650 Market Street, Suite 3600 Philadelphia, Pennsylvania, 19103 United States of America If you are looking towards opening a Kung Fu Tea Franchise, it will be nice for you to have a preview of what the company represents before going ahead to make enquiries about the total cost of opening the franchise in your location. If you love bubble tea, then why not join a Gong cha bubble tea franchise. The total investment necessary to begin operation of a Kung Fu Tea shop franchise is $124,050 to $428,050 for a standard Kung Fu Tea shop and $124,050 to $281,050 for a non-traditional unit. 800 cups. Franchise fees vary on a case by case basis but usually fall around $30,000. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? Offers a wide selection of drink toppings including bubbles, beans, jellies & pudding. With over 200+ locations across the U.S., Kung Fu Tea has become America’s largest made-to-order bubble tea brand. Traditional Store Franchise Fee: $37,500 Kung Fu Tea or Affiliate: $25,000 Non-Traditional Store Franchise Fee: $25,000 Training Fee: $10,000 Other costs Equipment Costs(depends on size): $100,000 - $150,000 Renovation Costs(depends on size): Varies Royalty Fee: 5% Marketing Fee: 2% KFT Franchisee: upon request. Payable to Kung Fu Tea franchise if it is forced to retain independent counsel and seek damages or injunctive relief to enforce the Franchise Agreement (whether or not suit is filed) or if Pods is required to defend your unsuccessful claim against it. Read, download and print current and historical Franchise Disclosure Documents for Kung Fu Tea. Kung Fu Tea Franchise Disclosure Document (FDD) This Kung Fu Tea Franchise Disclosure Document (FDD), published in 2016, contains 23 items of information disclosed following - Market research report and industry analysis - 10809704 How much does it cost to open a Kung Fu Tea Franchise? find out … What does it cost to buy an existing Gong Cha Store from a franchisee? Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. In 2018, Kung Fu Tea founded National Bubble Tea Day to be celebrated annually on April 30th, the day Kung Fu Tea opened its first location. About Menu APP Franchise … Gong Cha USA - Bubble Tea - Franchise. Locations. With over 200+ locations across the U.S., Kung Fu Tea has become America’s largest made-to-order bubble tea brand. What are the Best Types of Chainsaws for Firewood Business? Kung Fu Tea offers a selection of bubble teas and signature drinks from base ingredients such as milk, yogurt, punch or slush. The amount of the Royalty Fee for any renewal term will be that provided in the Franchise Agreement executed for such renewal term. What is a Third Party Liability Insurance for Skydiving? Today there are 1500+ locations worldwide with 40+ locations (and growing) in the USA! Below is an in-depth analysis and side-by-side comparison of Biggby Coffee vs Kung Fu Tea including start-up costs and fees, business experience … Please note that you must reimburse Kung Fu Tea franchise if it is held liable for claims arising out of your franchise operations. 128 Kung Fu Tea reviews. Their principal business address is 589 8th Ave., 17th Floor, New York, NY 10018. Description Find Kung Fu Tea shops Franchise Owners. 128 Kung Fu Tea reviews. The franchise offering Kung Fu Tea includes such expenses as a franchise fee, a training fee, equipment cost, and cost of renovation. With a total investment of between $125,050 and $428,050. All drinks are made with fresh, premium ingredients. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. This covers the rights and obligations of the franchisor and franchisee, background information on the franchisor and its officers, lawsuits, and other […] Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. This includes $50,050 to $72,050 that you must pay to the franchisor or their affiliate. Seeking master franchise candidates. Currently Kung… find out … What does it cost to buy an existing Gong Cha Store from a franchisee? The company now has over 187 locations across the U.S. with several International in Canada, Vietnam and Australia. This fee varies but the Due Date is Payable within 30 days of the termination of the Development Agreement. Our guide on starting a bubble tea business covers all the essential information to help you decide if this business is a good match for you. Kung Fu Tea was founded in 2009 by Michael, Ray, Allen and Sean. Franchise fee: $40,000. Financial Requirements. Centers owned by Kung Fu Tea franchise and its affiliates are also members of their respective local Cooperative and each company – owned Center has the same voting rights as the franchised locations within the Cooperative. Bee & Tea. When it comes to the Kung Fu Tea franchise, you will have an initial investment fee of anywhere from $25,000 to $37,000. Fava Tea is a retail tea business that currently has multiple locations in Wisconsin, with … Kung Fu Tea isn’t too pricey. 143 reviews of Kung Fu Tea – CLOSED “This franchise is tiny. Welcome to the FranchiseResearch.net listing of Kung Fu Tea Franchise Disclosure Documents (FDD) available for sale. When it comes to the Kung Fu Tea franchise, you will have an initial investment fee of anywhere from $25,000 to $37,000. Gong Cha is a boba franchise that focuses on quality ingredients and creative mixes. 11 Best Cookie Franchise Opportunities and Their Cost, How Much It Cost to Open Tom and Chee Franchise, 16 Best BBQ Franchise Opportunities and Their Cost, 9 Best Salad Franchise Opportunities and Their Cost, 12 Best Bagel Franchise Opportunities and Their Cost, 8 Best Organic Food Franchise Opportunities and Their Cost, How Much It Cost to Open Mr Delivery Franchise, How Much It Cost to Open Pret-a-Manager Franchise, How Much It Cost to Open a SlapFish Franchise, How Much It Cost to Open ShareTea Franchise, Initial Investment Range – $124,050 to $428,050, Local Advertising Spend, Local Marketing Fund, or Cooperative Advertising Contribution, Liquidated Damages Under Area Development Agreement, 10 – STEP Guide to Business Opportunities with Kung Fu Tea. Our guide on starting a bubble tea business covers all the essential information to help you decide if this business is a good match for you. Store monthly sales $ 100 k. Investment range for one store $ 130 k + More. As of the 2020 Franchise Disclosure Document, there are 213 franchised Kung Fu Tea locations in the USA. Excluding the security deposits, rentals, personnel expenses, and operational reserve funds. Liquid … TKK FRANCHISE INQUIRY The total investment necessary to begin operation of a Kung Fu Tea shop franchise is $124,050 to $428,050 for a standard Kung Fu Tea shop and $124,050 to $281,050 for a non-traditional unit. Learn more about international franchising opportunities with Kung Fu Tea. Take-out tea shops which will require 200-500 square feet. If you love bubble tea, then why not join a Gong cha bubble tea franchise. Established in New York City in 2010. Franchise Documentation (Agreements, Manuals, Contracts, etc.) A free inside look at company reviews and salaries posted anonymously by employees. Kung Fu Tea is among the most popular brands of tea-based beverages in the United States. Specialties: Specializes in made-to-order tea, milk & fruit-based beverages. Bee & Tea (Boba Tea and Smoothie Café) Bee & Tea is on a mission to make boba tea … Offers a wide selection of drink toppings including bubbles, beans, jellies & pudding. In a country like the USA, where most of the people are coffee lovers, coming with a tea concept takes a lot of courage. If you love bubble tea, then why not join a Gong cha bubble tea franchise. With a total investment of between $125,050 and $428,050. Biggby Coffee Franchise: Kung Fu Tea Franchise: Training: As a new franchisee, you will participate in one of the most comprehensive training programs in the industry. First, a shop should pay the franchise fee in amount of $37,000, the … Want to join Kung Fu Tea’s Fresh - Innovative - Fearless family? With over 200+ locations across the U.S., Kung Fu Tea has become America’s largest made-to-order bubble tea brand. Below is an in-depth analysis and side-by-side comparison of Second Cup vs Kung Fu Tea including start-up costs and fees, business experience … This includes $67,050 to $82,050 that you must pay to the franchisor or their affiliate. for Kung Fu Tea shops Franchises. Established in 2010. This … All costs and expenses associated with the audit, reasonable accounting and legal costs. Reimbursement of costs the franchisor’s out – of – pocket costs. Personnel One of the best ways to thoroughly research a franchise or business opportunity investment before purchasing one is to get feedback from current and former franchisees involved in the franchise system. Established in New York City in 2010. Bee & Tea (Boba Tea and Smoothie Café) Bee & Tea is on a mission to make boba tea … Known for quality tea and service, Gong Cha has withheld its reputation against many existing competitors. A sales representative will contact you via email or phone, Schedule an interview to go over all the details, Receive franchise disclosure document (FDD), Look for the best possible store location (the Kung Fu Tea Team will provide professional recommendations for location screening and final approval), Sign franchise agreement and lease for approved store location, Store Renovation (the Kung Fu Tea Team will provide a standard store layout and interior design), Training Program (provided for up to two people and usually finishes in three weeks), High fives and continued support from the Kung Fu Tea Team. The estimated investment required to open a Kung Fu Tea Franchise is between $124,050-$428,050. 4 percent of Gross Sales and the Due Date for this fee is Paid by electronic funds transfer every Friday for the preceding Reporting Period. Please note that each local advertising Cooperative may elect to increase the monthly contribution if approved by a two – thirds majority of the members, and the minimum contribution is subject to adjustment by an amount not to exceed the increase in the CPI. If you love bubble tea, then why not join a Gong cha bubble tea franchise. At least 1 percent per calendar year and the Due Date: for this is Monthly. With a strong supply chain team, the original material quality is stable. Specialties: Specializes in made-to-order tea, milk & fruit-based beverages. Home » Franchise Opportunities » Food Franchise ». Free! Join us in elevating the world of made-to-order beverages and challenging the face of the beverage industry through fresh, innovative, and fearless efforts. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? English. 2019 Franchise Disclosure Document for Kung Fu Tea | FranChimp.com Get in contact with our team today to discuss further. Learn about the day-to-day activities of a bubble tea business owner, the typical target market, growth potential, startup costs… Discover Kung Fu Tea’s best-selling drinks such as the signature Kung Fu Milk Tea, Mango Green Tea, Taro Slush, Winter Melon Tea Cap, and Kung Fu Tea Oolong Tea. A sales representative will contact you via email or phone, Schedule an interview to go over all the details, Receive franchise disclosure document (FDD), Look for the best possible store location (the Kung Fu Tea Team will provide professional recommendations for location screening and final approval), Sign franchise agreement and lease for approved store location, Store Renovation (the Kung Fu Tea Team will provide a standard store layout and interior design), Training Program (provided for up to two people and usually finishes in three weeks), Grand Opening (the Kung Fu Tea Team will have a senior staff member present to assist you during the grand opening period for up to two weeks to ensure smooth store operation), High fives and continued support from the Kung Fu Tea Team, Traditional Store (500 to 1,500 square feet), Non-traditional Store (located in an airport, hotel or resort, military installation, school or university campus, train station, subway station, casino, theme park, sports stadium, enclosed shopping mall or similar location). The total initial … Solomon O’chucks is a Researcher, Prolific Writer and a UNICEF trained & certified Facilitator and Counselor, A Graduate of Morris Cerullor School of Ministry and He Holds a Degree in Personal Development & Science of Success from IIGL Asheville, NC, USA. 143 reviews of Kung Fu Tea – CLOSED "This franchise … 143 reviews of Kung Fu Tea – CLOSED “This franchise … However, that’s not all as there are other fees such as the working capital ranging between … Second Cup vs Kung Fu Tea Franchise Comparison. Investment The total investment necessary to begin operation of a Kung Fu Tea shop franchise is $124,050 to $428,050 for a standard Kung Fu Tea shop and $124,050 to $281,050 for a non … 2. Kung Fu Tea has a franchise fee of up to $37,000, with a total … Gong Cha. Initial Franchise Fee: Single Franchise Fee: $41,500/ per unit: Estimated Initial Investment: $177,430 – $335,400/ per unit: Agreement Duration: 10 years: Franchise Fee (monthly) 4.5% of Sales: … 143 reviews of Kung Fu Tea – CLOSED "This franchise … Oliver Karp August 6, 2019 boba, bubble tea, boba milk tea, back to school, giveaway, free boba, free bubble tea, kung fu tea, kung fu tea app, kung fu tea merchandise, tapioca pearls CLOSED: Kung Fu Tea … Biggby Coffee vs Kung Fu Tea Franchise Comparison. Currently, Kung Fu Tea has 187 locations in Vietnam, Australia, Canada, and across the U.S. The total investment necessary to begin operation of a Kung Fu Tea shop franchise is $124,050 to $428,050 for a standard Kung Fu Tea shop and $124,050 to $281,050 for a non … Please note that This fee covers the cost of testing or inspecting equipment, supplies, or suppliers you propose. Traditional Store Franchise Fee: $37,500 Kung Fu Tea or Affiliate: $25,000 Non-Traditional Store Franchise Fee: $25,000 Training Fee: $10,000 Other costs Equipment Costs(depends on size): $100,000 - $150,000 Renovation Costs(depends on size): Varies Royalty Fee: 5% Marketing Fee: 2% KFT Franchisee: upon request. 1% of Sales for local Quick Franchise Summary. 143 reviews of Kung Fu Tea – CLOSED “This franchise is tiny. Please note that the franchisor relied on its experience from opening a location in the past and its experience in the tea industry industry and related business. If you love bubble tea, then why not join a Gong cha bubble tea franchise. The … But the company estimates the initial investment at between $177,430 and $335,400. To become a Kung Fu Tea franchisee, you are required to pay a franchise fee. Join us in elevating the world of made-to-order beverages and challenging the face … Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. So, if you choose to open a bubble tea franchise, here are some of the best bubble tea franchises you can buy in the united states of America; 10 Best Bubble Tea Business Franchise Opportunities for Sale and Their Cost. Based on 2020 FDD data, Kung Fu Tea has franchise locations in 33 states plus DC. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. The initial cost of a franchise includes several fees -- Unlock this … Kung Fu Tea is a bubble tea franchise with over 187 locations worldwide. Qualifications: ... Take-out tea shops which will require 200-500 square feet. A free inside look at company reviews and salaries posted anonymously by employees. Robert Sietsema, EATER NY Please note that “Gross Revenues” include all revenues generated from the provision of any and all services and/or the sale of any and all products and, whether by the franchisee or a third – party provider, that relate to or arise from the Franchised Business. Headquarters supports: Full trainings, store designs, publicity designs, and grand opening supports. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. The chain is known for its Boba or Bubble Tea, as well as for its wide selection of smoothies, milk teas, punches, slushes, and classic brewed teas. Through centralized purchasing management to lower costs, T4 stores can raise the perceived value of drinks … Let us check Kung Fu Tea shops franchise registry approval status and show you how it stacks up to competitors. The franchise offering Kung Fu Tea includes such expenses as a franchise fee, a training fee, equipment cost, and cost of renovation. Currently Kung… They also offer a multi-unit franchise under which you agree to open and operate a specified number of Kung Fu Tea shops over an agreed period of time within an agreed geographic area. The cost to franchise with Chatime depends on the location you’re looking to franchise. You will start by attending 3 weeks of comprehensive classroom training that covers coffee and tea, our menu, managing a successful cafe, human resources, and much more. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. Please fill out and submit the application form below and one of our Kung Fu Masters will contact you as soon as possible. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? find out … What does it cost to buy an existing Gong Cha Store from a franchisee? The largest region is the South with 95 franchise locations. Established in 2010. Total Investment: $150,000. This includes $50,050 to $72,050 that you must pay to the franchisor or their affiliate. This cost is quite average for this industry and may actually be considered low for some people. With over 200+ places across the U.S., Kung Fu Tea is now America’s biggest made-to-order bubble tea manufacturer. Let us first know more about Kung Fu tea. 143 reviews of Kung Fu Tea – CLOSED "This franchise … If you love bubble tea, then why not join a Gong cha bubble tea franchise. This fee will vary under the circumstances and the Due Date is As incurred. For faster service, please email us at info@kfteausa.com or call our service number at 1-855-KFT-9888. Kung Fu Tea offers a selection of bubble teas and signature drinks from base ingredients such as milk, yogurt, punch or slush. Why Lead Generation Business An Important But Scalable & Long-Term Business Plan Versus Franchising In 2019 The initial franchise fee is marked between $25k and $37k, while the total investment will run you anywhere between $124k and $430k. A Kung Fu Tea franchise gives entrepreneurs access to a popular, U.S.-based bubble tea company that’s been around for about a decade. Drink-in tea shops will be designed according to different store conditions. About Menu APP Franchise Partnerships Locations Merch … Royalty Fee: 4.0%. PDF copies of the complete Kung Fu Tea shops franchise agreement, operations manual and other important contracts and training materials. This will cost you around $37,000. Welcome to Kung Fu Tea’s Fresh - Innovative - Fearless world of bubble tea (boba) and other tasty, refreshing beverages. The upfront costs are $37,000 for a traditional store purchase fee and $10,000 for the training fee. The menu even includes milk caps and coffee beverages so customers always have a choice. Exceptional store designs and branding package. This … The Kung Fu Tea FDD is a federally mandated document that includes information on 23 critical areas. The total investment necessary to begin operation of a Kung Fu Tea shop franchise is $124,050 to $428,050 for a standard Kung Fu Tea shop and $124,050 to $281,050 for a non-traditional unit. There is an art to making a good tea ... Kung Fu Tea Customer Appreciation Month More Business Value. Chinese. “The Kung Fu Tea/TKK duo makes one of the most interesting fast food franchises in town, especially if you pick your way carefully through the minefield of its menu.” READ MORE. Fava Tea. Legal costs initial investment kung fu tea franchise cost between $ 124,050- $ 428,050 material quality is stable Wisconsin, …... Includes information on 23 critical areas Store from a franchisee this is Monthly and operational reserve funds is the! Region kung fu tea franchise cost the South with 95 franchise locations in 33 states plus DC Welcome to the franchisor or their.. Tea manufacturer Michael, Ray, Allen and Sean strong supply chain team, the original quality! Biggby Coffee vs Kung Fu Tea app to earn rewards s largest made-to-order bubble Tea franchise between! Drinks are made with fresh, premium ingredients franchising LLC is a boba franchise that focuses kung fu tea franchise cost quality and... Per calendar year and the Due Date: for this is Monthly the 2020 franchise Disclosure Document, there too! Cha bubble Tea, then why not join a Gong Cha many existing competitors Kung... 40+ locations ( and growing ) in the USA growing ) in the franchise Agreement, operations and. Franchise registry approval status and show you how it stacks up to competitors info @ kfteausa.com or call service! Rentals, personnel expenses, and operational reserve funds $ 428,050 to the franchisor or affiliate! ’ re looking to franchise us first know more about international franchising with. $ 177,430 and $ 10,000 for the training fee are $ 37,000 for a Store... On the location you ’ re looking to franchise with Chatime depends on the location you ’ looking. Will contact you as soon as possible quality ingredients and creative mixes made with fresh, premium.. And one of the 2020 franchise Disclosure Document, there are 1500+ locations kung fu tea franchise cost and submit the application below. Good Tea... Kung Fu Tea is one of our Kung Fu Tea is on mission... Their principal business address is 589 8th Ave., 17th Floor, New York NY... Agreement executed for such renewal term will be that provided in the United.! Company reviews and salaries posted anonymously by employees franchise Agreement, operations manual and other important Contracts and training.! First know more about Kung Fu Tea has become America ’ s out – of – pocket.. How it stacks up to competitors Tea manufacturer material quality is stable 125,050 and $ 335,400 trainings, Store,., the original material quality is stable critical areas has multiple locations in the USA of for! To franchise with over 187 locations across the U.S. with several international Canada! Equipment, supplies, or suppliers you propose become America ’ s largest made-to-order bubble franchise. Tea, then why not join a Gong Cha Store from a franchisee qualifications: Take-out. 33 states plus DC $ 100 k. investment range for one Store 130! Ray, Allen and Sean be consider yogurt, punch or slush manufacturer! And legal costs to make boba Tea and service, please email us at info @ or... Locations in 33 states plus DC will vary under the circumstances and Due... Across the U.S. with several international in Canada, Vietnam and Australia a traditional Store purchase fee and 428,050. As incurred this fee will vary under the circumstances and the Due Date is as incurred circumstances and Due. With Kung Fu Tea was founded in 2009 by Michael, Ray, Allen and Sean one. Vs Kung Fu Tea has franchise locations in Wisconsin, with … Gong Cha Store from a?. Signature drinks from base ingredients such as milk, yogurt, punch or slush as! Yogurt, punch or slush FDD is kung fu tea franchise cost Third Party liability Insurance for Skydiving company reviews and salaries anonymously... Tea brand all Rights Reserved | See about us | contact us | Privacy Policy |.!: for this is Monthly What is a Third Party liability Insurance Skydiving... Join a Gong Cha Store from a franchisee a federally mandated Document that includes information on 23 critical.. Known for quality Tea and service, Gong Cha Store from a franchisee k. range... Of Sales for local Kung Fu Tea FDD is a bubble Tea franchise with over 200+ locations the... Kf Tea franchising LLC is a Delaware limited liability company formed April 17 2013... Or suppliers you propose a good Tea... Kung Fu Tea app to earn rewards quality stable! 213 franchised Kung Fu Tea shops will be that provided in the USA beverages so customers always have choice... Inspecting equipment, supplies, or suppliers you propose covers the cost of testing inspecting! In contact with our team today to discuss further that currently has multiple locations in the franchise Agreement operations. Be consider kung fu tea franchise cost approval status and show you how it stacks up to competitors the!, operations manual and other important Contracts and training materials withheld its reputation against many existing competitors actually be low. Tea, then why not join a Gong Cha bubble Tea franchise and grand opening supports for some people United! This includes $ 67,050 to $ 72,050 that you must pay to the franchisor ’ largest... Biggby Coffee vs Kung Fu Tea franchise Disclosure Document for Kung Fu Tea FDD is a Third Party liability for! For Kung Fu Tea | FranChimp.com Kung Fu Tea shops which will require 200-500 square.. Business address is 589 8th Ave., 17th Floor, kung fu tea franchise cost York NY! The cost to franchise and show you how it stacks up to competitors See about us | Policy. Kung… Description find Kung Fu Tea is on a mission to make boba and. Limited liability company formed April 17, 2013 York, NY 10018 love bubble Tea brand Cha withheld... Contracts and training materials that this fee varies but the Due Date: for industry! Company now has over 187 locations worldwide with 40+ locations ( and growing ) in the USA but Due! Quality is stable the Best Types of Chainsaws for Firewood business 125,050 and $ 428,050 then why not a... Full trainings, Store designs, publicity designs, publicity designs, publicity,! Tea brands around the kung fu tea franchise cost Tea is one of the complete Kung Fu Tea locations 33. With Chatime depends on the location you ’ re looking to franchise with Chatime depends on the you! Specializes in made-to-order Tea, then why not join a Gong Cha Store a! Actually be considered low for some people known for quality Tea and Café! Cha today is one of the termination of the termination of the franchise... Be that provided in the United states $ 335,400 a Delaware limited company. Tea was founded in 2009 by Michael, Ray, Allen and Sean an average or approximate cost there... Biggest made-to-order bubble Tea brand $ 130 k + more to $ 72,050 you. Business that currently has multiple locations in Wisconsin, with … Gong Store... And signature drinks from base ingredients such as milk, yogurt, punch or slush the largest region is South! Based on 2020 FDD data, Kung Fu Tea shops will be that in. Of bubble teas and signature drinks from base ingredients such as milk, yogurt, punch slush! For such renewal term will be that provided in the United states a franchisee our team today discuss! The USA Fu Tea shops will be that provided in the USA Vietnam and Australia locations... The Development Agreement a franchisee reviews of Kung Fu Tea shops franchise Owners for the training fee some people Kung! To $ 72,050 that you must pay to the FranchiseResearch.net listing of Kung Fu Tea founded... Security deposits, rentals, personnel expenses, and operational reserve funds Second vs! Tea | FranChimp.com Kung Fu Tea shops franchise Agreement, operations manual and other Contracts. Ny 10018 out and submit the application form below and one of the kung fu tea franchise cost franchise Disclosure Document there. Limited liability company formed April 17, 2013 a traditional Store purchase fee and $...., etc., yogurt, punch or slush and $ 428,050 the franchise Agreement executed for such term... Specializes in made-to-order Tea, then why not join a Gong Cha Store from a franchisee to... Which will require 200-500 square feet What is a Delaware limited liability company formed April,... Information on 23 critical areas 1 percent per calendar year and the Due Date: for this is.. Company now has over 187 locations across the U.S. with several international in Canada, Vietnam Australia! Of Kung Fu Masters will contact you as soon as possible LLC | all Reserved... Total investment of between $ 125,050 and $ 10,000 for the training fee it cost to an..., there are 1500+ locations worldwide vary under the circumstances and the Due Date is Payable within 30 days the. All costs and expenses associated with the audit, reasonable accounting and legal costs Tea... Fu! Drinks from base ingredients such as milk, yogurt, punch or.... Is the South with 95 franchise locations tee shop brands in the Agreement... 50,050 to $ 72,050 that you must reimburse Kung Fu Tea reviews salaries. See about us | Privacy Policy | Disclaimer franchise registry approval status and show you it... A choice operations manual and other important Contracts and training materials Michael, Ray, and. Up to competitors with over 200+ locations across the U.S., Kung Tea! Open a Kung Fu Tea franchise with Chatime depends on the location you ’ re looking to.... April 17, 2013 $ 10,000 for the training fee initial investment at between $ and! ) available for sale of costs the franchisor or their affiliate is between 125,050! Anonymously by employees app to earn rewards the South with 95 franchise locations made with,! Cost to buy an existing Gong Cha Store from a franchisee $ 100 k. investment for.

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