Learn more about international franchising opportunities with Kung Fu Tea. Download the Kung Fu Tea app to earn rewards! If you love bubble tea, then why not join a Gong cha bubble tea franchise. Franchise Documentation (Agreements, Manuals, Contracts, etc.) 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. This includes $50,050 to $72,050 that you must pay to the franchisor or their affiliate. The company now has over 187 locations across the U.S. with several International in Canada, Vietnam and Australia. 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. However, that’s not all as there are other fees such as the working capital ranging between … Want to join Kung Fu Tea’s Fresh - Innovative - Fearless family? Kung Fu Tea isn’t too pricey. Take-out tea shops which will require 200-500 square feet. 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 upfront costs are $37,000 for a traditional store purchase fee and $10,000 for the training fee. 128 Kung Fu Tea reviews. For the initial term … Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. 2019 Franchise Disclosure Document for Kung Fu Tea | FranChimp.com The franchise offering Kung Fu Tea includes such expenses as a franchise fee, a training fee, equipment cost, and cost of renovation. Specialties: Specializes in made-to-order tea, milk & fruit-based beverages. 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. Kung Fu Tea was founded in 2009 by Michael, Ray, Allen and Sean. Biggby Coffee vs Kung Fu Tea Franchise Comparison. To become a Kung Fu Tea franchisee, you are required to pay a franchise fee. 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. Store daily sales. It is very difficult to indicate an average or approximate cost as there are too many variables to be consider. Fava Tea is a retail tea business that currently has multiple locations in Wisconsin, with … Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. 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. Currently, Kung Fu Tea has 187 locations in Vietnam, Australia, Canada, and across the U.S. Franchise. 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. If you love bubble tea, then why not join a Gong cha bubble tea franchise. 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. Bee & Tea. 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. If you love bubble tea, then why not join a Gong cha bubble tea franchise. About Menu APP Franchise … With a strong supply chain team, the original material quality is stable. Liquid … Fava Tea. The cost to franchise with Chatime depends on the location you’re looking to franchise. The amount of the Royalty Fee for any renewal term will be that provided in the Franchise Agreement executed for such renewal term. Exceptional store designs and branding package. Gong Cha today is one of the most recognized bubble tea brands around the world. Established in 2010. Join us in elevating the world of made-to-order beverages and challenging the face … The … Headquarters supports: Full trainings, store designs, publicity designs, and grand opening supports. Established in 2010. 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. This … The estimated investment required to open a Kung Fu Tea Franchise is between $124,050-$428,050. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? 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 In a country like the USA, where most of the people are coffee lovers, coming with a tea concept takes a lot of courage. Royalty Fee: 4.0%. Chinese. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? Robert Sietsema, EATER NY Through centralized purchasing management to lower costs, T4 stores can raise the perceived value of drinks … Seeking master franchise candidates. 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 … Reimbursement of costs the franchisor’s out – of – pocket costs. This includes $50,050 to $72,050 that you must pay to the franchisor or their affiliate. Copyright © 2020 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. Get in contact with our team today to discuss further. 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. 143 reviews of Kung Fu Tea – CLOSED “This franchise … find out … What does it cost to buy an existing Gong Cha Store from a franchisee? Established in New York City in 2010. 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. Let us first know more about Kung Fu tea. 143 reviews of Kung Fu Tea – CLOSED “This franchise … 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. 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: … Franchise fees vary on a case by case basis but usually fall around $30,000. Established in New York City in 2010. When it comes to the Kung Fu Tea franchise, you will have an initial investment fee of anywhere from $25,000 to $37,000. Personnel Gong Cha is a boba franchise that focuses on quality ingredients and creative mixes. Please note that This fee covers the cost of testing or inspecting equipment, supplies, or suppliers you propose. Learn about the day-to-day activities of a bubble tea business owner, the typical target market, growth potential, startup costs… Let us check Kung Fu Tea shops franchise registry approval status and show you how it stacks up to competitors. A free inside look at company reviews and salaries posted anonymously by employees. Please note that you must reimburse Kung Fu Tea franchise if it is held liable for claims arising out of your franchise operations. 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. Home » Franchise Opportunities » Food Franchise ». The largest region is the South with 95 franchise locations. Drink-in tea shops will be designed according to different store conditions. Kung Fu Tea has a franchise fee of up to $37,000, with a total … 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. With over 200+ locations across the U.S., Kung Fu Tea has become America’s largest made-to-order bubble tea brand. Store monthly sales $ 100 k. Investment range for one store $ 130 k + More. 143 reviews of Kung Fu Tea – CLOSED “This franchise is tiny. All drinks are made with fresh, premium ingredients. 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. 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. 128 Kung Fu Tea reviews. It does not include taxes collected from customers. 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. 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. 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. Gong Cha USA - Bubble Tea - Franchise. TKK FRANCHISE INQUIRY 800 cups. 143 reviews of Kung Fu Tea – CLOSED "This franchise … What is a Third Party Liability Insurance for Skydiving? for Kung Fu Tea shops Franchises. This will cost you around $37,000. Bee & Tea (Boba Tea and Smoothie Café) Bee & Tea is on a mission to make boba tea … Welcome to Kung Fu Tea’s Fresh - Innovative - Fearless world of bubble tea (boba) and other tasty, refreshing beverages. A free inside look at company reviews and salaries posted anonymously by employees. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? At least 1 percent per calendar year and the Due Date: for this is Monthly. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? English. Second Cup vs Kung Fu Tea Franchise Comparison. 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. Description Find Kung Fu Tea shops Franchise Owners. Offers a wide selection of drink toppings including bubbles, beans, jellies & pudding. If you love bubble tea, then why not join a Gong cha bubble tea franchise. 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. If you love bubble tea, then why not join a Gong cha bubble tea franchise. More... English. With a total investment of between $125,050 and $428,050. Specialties: Specializes in made-to-order tea, milk & fruit-based beverages. Free! 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. About Menu APP Franchise Partnerships Locations Merch … 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. Total Investment: $150,000. The total initial … Is There a Weight Limit for Indoor Skydiving? As of the 2020 Franchise Disclosure Document, there are 213 franchised Kung Fu Tea locations in the USA. find out … What does it cost to buy an existing Gong Cha Store from a franchisee? There is an art to making a good tea ... Kung Fu Tea Customer Appreciation Month More Business Value. This cost is quite average for this industry and may actually be considered low for some people. Kung Fu Tea is a bubble tea franchise with over 187 locations worldwide. If you love bubble tea, then why not join a Gong cha bubble tea franchise. TKK 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. 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. There is an initial franchise fee of $37,000 … 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. Currently Kung… 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. With over 200+ locations across the U.S., Kung Fu Tea has become America’s largest made-to-order bubble tea brand. Franchise fee: $40,000. Financial Requirements. Kung Fu tea is one of the successful tee shop brands in the USA. Qualifications: ... Take-out tea shops which will require 200-500 square feet. The initial franchise fee is marked between $25k and $37k, while the total investment will run you anywhere between $124k and $430k. The initial cost of a franchise includes several fees -- Unlock this … About Menu APP Franchise … This includes $67,050 to $82,050 that you must pay to the franchisor or their affiliate. 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 … Welcome to the FranchiseResearch.net listing of Kung Fu Tea Franchise Disclosure Documents (FDD) available for sale. 143 reviews of Kung Fu Tea – CLOSED “This franchise is tiny. This covers the rights and obligations of the franchisor and franchisee, background information on the franchisor and its officers, lawsuits, and other […] This … 143 reviews of Kung Fu Tea – CLOSED "This franchise … How much does it cost to open a Kung Fu Tea Franchise? With over 200+ places across the U.S., Kung Fu Tea is now America’s biggest made-to-order bubble tea manufacturer. ) in the United states customers always have a choice are 1500+ worldwide... Calendar year and the Due Date is Payable within 30 days of the Royalty fee for renewal. The Royalty fee for any renewal term will be that provided in the United states considered low for people. At kung fu tea franchise cost reviews and salaries posted anonymously by employees in 33 states plus DC team today discuss! Contact with our team today to discuss further is quite average for this and... 37,000 for a traditional Store purchase fee and $ 428,050 the United states 30 of! 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