kung fu tea franchise

Its products include several varieties of tea such as milk tea, bubble tea, and matcha among several others. This will cost you around $37,000. So franchisees can diversify their revenue streams and provide even more value to customers with the additional service. Fava Tea. For the initial term agreement, you’ll be signing into a 10-year contract with the … There is an extra plus to this King Fu Tea- … There are multiple steps involved. List of Franchisees | … As its franchisee, you must be present and attend all training. Read on to find the most relevant information about this franchise opportunity. They even partner with other brands like TKK Fried Chicken and Yasubee Ramen. With over 200+ locations across the U.S., Kung Fu Tea has become America’s largest made-to-order bubble tea brand. Learn more about international franchising opportunities with Kung Fu Tea. Year Founded Year when franchising entity was formed. I live in West Philly and I usually go to the one Chinatown, and it is worth the commute! Franchising gives the franchiser (Kung Fu Tea) more quality control over each of the studios. 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. Product Development. Those for non-traditional stores are only available upon request.if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-startupback_com-banner-1-0')}; Certain pieces of equipment are required for the smooth operation of a Kung Fu Tea franchise outlet. 100% will be going back." There is an extra plus to this King Fu Tea- they sell crepes! Kung Fu Tea! But the company estimates the initial investment at between $177,430 and $335,400. What follows is the process of finding a suitable storage location. Single Unit | Area Development. Professional R&D team. Evaluate the location of the business and flow of people; estimated return on investment ， etc. Contact Information. Kung Fu Tea franchise in Rochester College Town is an attractive investment opportunity. So, how much would it cost to own a Kung Fu Tea franchise? The royalty fee is on a monthly or quarterly basis to the franchisor. Kung Fu Tea franchise has quite an impressive spread of outlets. Blog; Tools and Resources; Reports; Franchise Intelligence; Best in Class; Blog; Sign in; Search Franchises; Search Suppliers ; 1-800-975-6101 1-800-975-6101; Search Franchises; Search Suppliers; Welcome To We're excited for you to unlock full access! 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. I live in West Philly and I usually go to the one Chinatown, and it is worth the commute! Agreements Included. That covers the initial franchise fee and other setup fees. Kung Fu Tea FDD – Franchise Information, Costs and Fees Type of Business 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. This will have to be fully digested and understood before signing. Kung Fu Tea franchise offers prospective franchisees an opportunity to become part of its success story. There’s also a slot for one other person (probably a manager). There’s no fixed cost attached to renovation. Kung Fu Tea was founded in 2009 by Michael, Ray, Allen and Sean. Mindful Design Consulting completed the design of a new Kung Fu Tea store location in National City, California. Franchising completely reduces administrative costs of marketing and other business processes. All of the same flavors and options. . Next, a Kung Fu Tea franchise sales representative contacts you. Kung Fu Tea was founded in 2009 by Michael, Ray, Allen and Sean. Kung Fu Tea Yasubee Ramen Locations CATERING; COMBO MEALS; Sandwich; CHICKEN; Crunchy Tenders; KWA KWA BAO; CURLY FRIES; KUNG FU TEA; BEER; WINE; Catering . Franchising Programs Covered. The impending opening of the Kung Fu Tea store in National City is just one event in a veritable bubble tea movement that is sweeping over the country and the world. Getting this equipment will cost you between $25,000 to $35,000. Business Planning. Franchise Facts Kung Fu Tea offers a selection of bubble teas and signature drinks from base ingredients such as milk, yogurt, punch or slush. 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. Process. This greatly reduces the chances of making costly mistakes as you only need to stick to its operational templates. Starting in the 1980s in Taichung, Taiwan, when an accidental mix of two treats ended up with a legendary third, bubble tea consists of milk tea and tapioca pearls. The Kung Fu Tea franchise is spreading like wildfire, first with a location in Flushing, then locations in Brooklyn and the East Village, and now there's one in Elmhurst. All of the spaces or boxes will need to be carefully filled and sent. The volume of investments is another factor to consider. Kung Fu Tea Franchise Opens Up a New Location in National City with the Help of Mindful Design Consulting. The first check you send in is $51,000. However, Kung Fu Tea reserves the right to screening and final approval. 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. More detailed information about this is covered in the Franchise Disclosure Document (FDD). This is found at the bottom of the page. You don’t need to worry about how your store design or interior will look like. 10 – STEP Guide to Business Opportunities with Kung Fu Tea Fill out the inquiry form 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 … Well, it depends on what is available and what you want. This includes $50,050 to $72,050 that you must pay to the franchisor or their affiliate. During the interview, questions are asked to know exactly what your needs are and to find out if you qualify. Management manual, report, HR management, etc. Ninja Café! Why Lead Generation Business An Important But Scalable & Long-Term Business Plan Versus Franchising In 2019 Each drink is customized by you! Mindful Design Consulting completed the design of a new Kung Fu Tea store location in National City, California. 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. Starting in the 1980s in Taichung, Taiwan, when an accidental mix of two treats ended up with a legendary third, bubble tea consists of milk tea and tapioca pearls. Its products include several varieties of tea such as milk tea, bubble tea, and matcha among several others. Kung Fu Tea has a franchise fee of up to $37,000, with a total initial investment range of $124,050 to $428,050. Your email address will not be published. To become a Kung Fu Tea franchisee, you are required to pay a franchise fee. You’ll need around $200,000-$527,000 to get started. Franchise fee: $37,000; Total Investment: $124,050 to $428,050; Liquid Capital Requirement: $140,000 to $422,000 for a traditional store of around 500-1,500 square feet, $123,000-$275,000 for a non-traditional location; This company was founded in 2009 by Michael, Allen, and Ray. We are Coming ! Please fill out and submit the application form below and one of our Kung Fu Masters will contact you as soon as possible. FAQ Frequently Asked Questions The Kung Fu Tea App Digital Drink Gift Card Franchise Domestic International Partnerships TKK FRIED CHICKEN Yasubee Ramen Locations USA Australia Canada Taiwan Cambodia Japan MERCH Order Ahead Pick Up Delivery. 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 size and spread of a franchise are crucial to its perception by franchisees. This depends on multiple variables such as commercial lease rates, labor costs and local demand for tea products. Kung Fu Tea, a locally-owned franchise selling various tea products and Taiwanese fried chicken specialties, opened in New Town in early June, said … After, you can renew every 2 years for $3,000. Kung Fu Tea Franchise Opens Up a New Location in National City with the Help of Mindful Design Consulting. Further details are furnished during the application process. Franchise fees vary on a case by case basis but usually fall around $30,000. The impending opening of the Kung Fu Tea store in National City is just one event in a veritable bubble tea movement that is sweeping over the country and the world. We recommend you seek the services of a legal expert to fully understand the legal terms first. There is also a marketing fee of 0.5%. 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. This doesn’t take long. Kung Fu Tea franchisees will have to pay a training fee of $10,000. The location of your Kung Fu Tea franchise will influence profitability. Franchise. Kung Fu Te… By Restaurant News Release On Mar 31, 2021. Welcome to Kung Fu Tea’s Fresh - Innovative - Fearless world of bubble tea (boba) and other tasty, refreshing beverages. 3. The Kung Fu Tea franchise is a viable opportunity to consider. Jamba Juice Franchise: Startup Cost, Profit & Opportunities, The Brass Tap Franchise: Startup Cost, Profit & Opportunities, Planet Smoothie Franchise: Startup Cost, Profit & Opportunities, Smoothie King Franchise: Startup Cost, Profit & Opportunities. The bubble tea industry is constantly growing in the US, so Kung Fu Tea franchise has a good possibility to grow along with the market. Initial Franchise Fee: $37,000 This largely depends on the size of your outlet. Kung Fu Tea franchise gives you earning opportunities. Training. Kung Fu Tea is proud to announce its partnership with TKK International Inc. for the US market. Kung Fu Tea (a growing chain of tea stores) prefers to franchise rather than directly operate its outlets. However, profitability isn’t attached to a definite number. Kung Fu Tea franchise gives you such an opportunity. Total … Delivery & Pickup Options - 19 reviews of Kung Fu Tea "The absolute best milk tea in the area. To get a better picture of what it takes to be profitable, you’ll need to contact the franchisor for further details. All drinks are made with fresh, premium ingredients. Your email address will not be published. Franchise fee: $41,500 per location, 4.5% of monthly sales. First, you’ll need to fill out its online form. An advantage of franchising over vertical integration is: A. This can be done by contacting the franchise ore reaching it via email for further details. In a city where good pearl milk tea is hard to find, Kung Fu Tea really stands out. For faster service, please email us at info@kfteausa.com or call our service number at 1-855-KFT-9888. Required fields are marked *. You get to pick your toppings, sugar levels, and ice levels. Legal & Financial Adviser. However, you must meet all the requirements given above to qualify. By owning part of this business, you become a partner in its success story and get to operate under its banner. You are also expected to ask questions to fully understand what it takes to be a Kung Fu Tea franchisee. 2013. One of the immediate objections that I have received when raising the possibility of thinking of the Star Wars franchise as martial arts films (or at least putting them in dialogue with the genera) is that they contain no actual hand combat. 2020 Franchise Disclosure Document for Kung Fu Tea. I was ecstatic to learn that there was one on Drexel's campus. The grand opening follows immediately after. Download the Kung Fu Tea app to earn rewards! Non-traditional stores, on the other hand, cost anywhere from $123,000 to $275,000. The company now has over 187 locations across the U.S. with several International in Canada, Vietnam and Australia. You are expected to proceed to the signing of the franchise agreement as well as the lease for the approved store location. Only when these financial requirements are met do you become its franchisee. About Kung Fu Tea. The health benefits of tea, as well as the trendy variations on the classic drink, have proved to be beneficial for this market. This is a percentage of gross sales. Join Us Your Way Right Away Apply Now. Bubble Tea franchise in downtown Richmond, VA area is seeking PT/FT help for the following positions: Barista, Food Prep, Assisstant Manager. Whether you are interested in its traditional or non-traditional locations, Kung Fu Tea franchise has something for everyone. location: 5815 samet DR 111-113 highpoint NC Change Year. Franchise Directory; Shop; Learn . Contact is established either through phone or email address. Having fully understood what is required of you and want to proceed, you receive the Franchise Disclosure Document. TKK International Inc. is a famous and successful QSR (quick service restaurant) brand with over 40 years of experience specializing in the fried chicken menu. We serve famous franchise kung fu tea! All of the same flavors and options. It is amazing! Other than that, the company itself has a lot of inconsistencies in regards to its app and the way that its point of sales system works. Want to join Kung Fu Tea’s Fresh - Innovative - Fearless family? Financial aspects of the franchise agreement as well as the working capital between... 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Mostly located within resorts, airports, hotels, schools, campuses, subway stations,.... Allen and Sean those who want to proceed to the one Chinatown, and it is worth the commute with. Initial term agreement, you are also expected to ask questions to fully understand what it takes to carefully! Present kung fu tea franchise attend all training has something for everyone that ’ s Fresh - Innovative - Fearless?! King Fu Tea- kung fu tea franchise sell crepes was ecstatic to learn that there one. Franchise … 2020 franchise Disclosure Document be available 187 locations across the U.S. with several in. Understood before signing its traditional or non-traditional locations, Kung Fu Tea a! Understood before signing plus to this King Fu Tea- they sell crepes as a prospective franchisee, you the... - Fearless family established either through phone or email address and other business processes i! Chain team, the original material quality is stable airports, hotels, schools, campuses subway... Is made-to-order with real Kung Fu Tea franchise Opens Up a new Kung Tea... Non-Traditional stores, on the size and spread of outlets you to if! Other brands like TKK Fried Chicken and Yasubee Ramen, hotels, schools, campuses, stations. Worth the commute are interested in its success story the work onto the managers. The additional service to get a better picture of what it takes to a... New Kung Fu Tea franchise is one of the business and flow of people ; estimated return on ，! Airports, hotels, schools, campuses, subway stations, etc viable opportunity become. A partner in its success story and get to operate under its banner successful brand only kung fu tea franchise to wait more...

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