Kung Fu Tea

Kung Fu Tea

Bubble tea
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2023 Franchise 500 Rank
#323 Not ranked last year
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Initial investment
$169K - $378K
Units as of 2022
317 66.8% over 3 years

Company Overview

About Kung Fu Tea

Industry
Food
Founded
2010
Parent Company
KF Tea Franchising LLC
Leadership
Michael Wen, Cofounder
Corporate Address
589 8th Ave., 17th Fl.
New York, NY 10018

Business Overview

Franchising Since
2011 (12 years)
# of employees at HQ
43
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees worldwide.

# of Units
317 (as of 2022)

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
$500,000 - $700,000
Cash Requirement
$250,000 - $350,000
Royalty Fee
4%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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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
Field Operations
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
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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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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022