Kung Fu Tea Franchise Cost, Requirements, Profit, ROI, How To Apply | SkillsAndTech
Kung Fu, in its purest essence, is the desire for self-improvement and to expand one’s capabilities beyond all limitations.
Here at Kung Fu Tea, we believe that it’s our mission to not only continuously improve our brand and beverages and the lives of our customers through providing only the most delicious, high-quality flavors but also to inspire the community to dream big and live fearlessly.
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Kung Fu Tea Franchise Wiki
In 2009, entrepreneurs Michael, Allen, and Ray were walking around Flushing, Queens after returning from a trip to Taiwan. They were in search of their favorite childhood drink: bubble tea. After looking around, they found a local tea spot, ordered, and sat down to discuss new business ideas. Mid-conversation, the three of them immediately put their drinks down in confusion — the beverage was a mediocre knockoff and not the bubble tea they had come to love in Taiwan. As they observed the long line of thirsty customers, they looked at each other and that’s when Michael, Allen, and Ray discovered their new venture.
Sean was quite happy with his own bubble tea chain in Taiwan when his three friends gave him a call. They knew Sean had a knack for making an exceptional cup of bubble tea. Hours passed as Michael, Allen, and Ray attempted to get Sean on board with this new idea — though impressed by the group’s passion and proposal to share bubble tea with the rest of the world, Sean had to weigh the risks. Days passed before Sean finally gave his friends a call back, but the three of them were beyond ecstatic to hear Sean accepting the offer on the other side of the line. He was ready to join the team
Kung Fu Tea Franchise Benefits
- Fresh
- Innovative
- Fearless
Kung Fu Tea Franchise Cost, Investment
Total Initial Capital
$140,000 to $422,000
Traditional Store (500 to 1,500 square feet)
$123,000 to $275,000
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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)
Upfront Fees
$37,000
Traditional Store Franchise Fee
Upon request
Non-Traditional Store Franchise Fee
$10,000
Training Fee
Other Costs
$25,000 to $35,000
Equipment Costs (depends on size)
Varies
Renovation Costs (depends on size)
Kung Fu Tea Franchise Requirements
There is no much requirements. There most important requirements are you have money to invest and space to opn this franchise.
Kung Fu Tea Franchise Profit, ROI
This is highly confidential information. Because of this company had not disclose it. You can only know about this after apply for the franchise. Yo can know the procedure as follow.
Kung Fu Tea Franchise How To Apply For
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- 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 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
Kung Fu Tea Franchise Contact Details
Contact Number
1-855-KFT-9888
Website
https://www.kungfutea.com/contactus
FAQ
Is It Profitable To Start Franchises?
Yes, It is very much profitable to start
Who is Kung Fu tea owned by?
In 2009, entrepreneurs Michael, Allen, and Ray were walking around Flushing, Queens after returning from a trip to Taiwan. They were in search of their favorite childhood drink: bubble tea. After looking around, they found a local tea spot, ordered, and sat down to discuss new business ideas.Is Kung Fu Tea a chain?
Is Kung Fu Tea a chain?
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Dean C. | Owner of 8 stores in texas
With over 200+ locations across the U.S., Kung Fu Tea has become America’s largest made-to-order bubble tea brand. 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.Is Kung Fu tea from Taiwan?
Is Kung Fu tea from Taiwan?
KUNG FU TEA – Taiwanese Bubble Tea. We have been deeply cultivated in Taiwan and have experienced more than ten years of development. We have spanned 8 countries and more than 10 cities, including Canada, Vietnam, Hong Kong, Singapore, Malaysia, China, Macau and South Korea.
Conclusion
As you can see, this franchise opportunity definitely holds up to be a fantastic option. There are a lot of benefits to franchising Kung Fu Tea, and the fact that it’s an authentic bubble tea establishment is just the beginning of the fun.
There has been an obvious growth in the number of outlets and the turnover rate indicates good health of the company. You won’t have to sell your soul to invest in the opportunity either.
Overall, this opportunity seems incredible and well worth the cost and ongoing fees. Kung Fu Tea has a great thing going here and if your vision and passion is anything like theirs, then this would be a fantastic choice for your new franchise business.
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