Kung Fu Tea

Bubble tea
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2024 Franchise 500 Rank
#297 Ranked #323 last year
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Initial investment
$169K - $378K
Units as of 2023
375 Increase 63.8% over 3 years

Company Overview

About Kung Fu Tea

Industry Food
Related Categories Teas, Miscellaneous Food/Beverage Businesses, Beverages
Founded 2010
Parent Company KF Tea Franchising LLC
Leadership Sean Lee, Cofounder
Corporate Address 589 8th Ave., 17th Fl.
New York, NY 10018
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

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 Information Circle
$25,000 - $37,000
Initial Investment Information Circle
$169,000 - $378,000
Net Worth Requirement Information Circle
$200,000 - $500,000
Cash Requirement Information Circle
$200,000 - $500,000
Royalty Fee Information Circle
4%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
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
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
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