
Kung Fu Tea
Bubble tea- 2023 Franchise 500 Rank
-
#323 Not ranked last year
- Initial investment
-
$169K - $378K
- Units as of 2022
-
317 66.8% over 3 years
Company Overview
About Kung Fu Tea
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
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
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningField OperationsFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty 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
Interested in ownership opportunities like Kung Fu Tea? Request a free consultation with a Franchise Advisor now.
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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