If you’re looking for a way to scale your business with the help of a franchise, Kung Fu Tea is the perfect option. With over 100 locations nationwide, Kung Fu Tea has a proven track record and can provide you with everything you need to get your business up and running.
There are some initial costs and fees associated with opening a Kung Fu Tea franchise, but our team is here to help you through every step of the process. Keep reading to learn more about what’s involved in becoming a Kungfu Tea Franchisee.
About The Kung Fu Tea
Kung Fu Tea is America’s largest made-to-order bubble tea company, with over 200 outlets across the country.
Through fresh, imaginative, and daring efforts, you may join them in upgrading the world of beverages and challenging the face of the industry.
History Of Kung Fu Tea
After returning from Taiwan in 2009, entrepreneurs Michael, Allen, and Ray roamed Flushing, Queens. They were looking for bubble tea, their favorite childhood beverage.
After gazing, they visited a neighborhood tea shop, ordered, and sat down to explore fresh company ideas.
They stared at each other as they noticed the long line of thirsty consumers, and that’s when Michael, Allen, and Ray realized their new venture.
A bubble tea restaurant that opened in 2010 has quickly grown in popularity. As a result, in 2011, the brand offered its first Kung Fu Tea franchise for sale.
Today, the company operates the largest chain in the field, with over 361 locations.
Kung Fu Tea Franchise Model
| Initial Franchise-Fee | $37,000 |
| Total Investment | $123,000 – $422,000 |
| Traning-Fee | $10,000 |
| Royalty-Fee | 5% |
| Area Requirement | Traditional Store 500 to 1,500 square feet |
| Total Outlets | 200 |
Support
The Kung Fu Tea franchise offers assistance to all of its franchisees. You’ll be led through the entire process to ensure that your franchise runs well.
Because you merely need to follow its operating templates, you considerably limit the risks of making costly mistakes.
Updates are also distributed to all franchisees to inform them of events and changes to critical parts of the business.
If you plan to own a franchise, read how to get more franchise visitors using franchise SEO.
Kung Fu Tea Comparison
| Company | Kung Fu Tea | Gong Cha Tea |
|---|---|---|
| Founded In | 2009 | 2006 |
| Initial Investment | $123,000 – $422,000 | $217,800 to $498,000 |
| Franchise-Fee | $37,000 | $30,000 |
| Total Outlets | 200 | 1,459 |
| Annual Revenue | $27.2 billion | $576,575 |
Frequently Asked Questions
Is it possible to make money selling bubble tea?
The sheer number of bubble tea outlets opening demonstrates that the bubble tea sector is one of the most lucrative industries in the food and beverage industry.
Is it profitable to own Kung Fu Tea franchise?
You should not expect a profit or loss within the first six months. The gross profit margin will steadily climb to 15% after one year. By year two, you’ll have an average gross margin of 56 percent.
Is Kung Fu Tea a Franchise?
Kung Fu is a fearless leading tea brand with over 200+ locations nationwide. They offer a variety of retail store franchises for oriental-style brew tea, bubble tea, Coffee, and so on.
How much does a Kung Fu franchise cost?
Opening a Kung Fu Tea franchise requires a fee of up to $37,000, with a total initial investment range of 123,000 to $422,000.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank better on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.