- 2024 Franchise 500 Rank
-
#297 Ranked #323 last year
- Initial investment
-
$169K - $378K
- Units as of 2023
-
375 63.8% over 3 years
Company Overview
About Kung Fu Tea
Business Overview
| Franchising Since | 2011 (13 years) |
|---|---|
| # of employees at HQ | 49 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 375 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Kung Fu Tea franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$25,000 - $37,000 |
|---|---|
|
Initial Investment
|
$169,000 - $378,000 |
|
Net Worth Requirement
|
$200,000 - $500,000 |
|
Cash Requirement
|
$200,000 - $500,000 |
|
Royalty Fee
|
4% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 80 hours |
|---|---|
| Classroom Training | 80 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
No |
Franchise 500 Ranking History
Compare where Kung Fu Tea landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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