Start-Up Costs and Fees |
||
| Tapioca Express | Kung Fu Tea | |
| Investment | 200000 - 420000 | 124050 - 428050 |
| Franchise Fee | 0 | |
| Royalty Fee | $0.055/cup | |
| Advertising Fee | ||
| Year Founded | 1999 | 2013 |
| Year Franchised | 2000 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tapioca Express | Kung Fu Tea | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Tapioca Express | Kung Fu Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tapioca Express | Kung Fu Tea | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators | |
Expansion Plans |
||
| Tapioca Express | Kung Fu Tea | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | Australia, Canada, Mexico |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tapioca Express | |
| Kung Fu Tea | |
| Franchise Fee | |
| Tapioca Express | |
| Kung Fu Tea | |
| Royalty Fee | |
| Tapioca Express | $0.055/cup |
| Kung Fu Tea | |
| Advertising Fee | |
| Tapioca Express | |
| Kung Fu Tea | |
| Year Founded | |
| Tapioca Express | 1999 |
| Kung Fu Tea | 2013 |
| Year Franchised | |
| Tapioca Express | 2000 |
| Kung Fu Tea | 2013 |
| Term Of Agreement | |
| Tapioca Express | |
| Kung Fu Tea | |
| Renewal Fee | |
| Tapioca Express | $3K for 2 years |
| Kung Fu Tea | |
Business Experience Requirements |
|
| Experience | |
| Tapioca Express | Industry experience General business experience Marketing skills |
| Kung Fu Tea | |
Financing Options |
|
| Franchise Fees | |
| Tapioca Express | No |
| Kung Fu Tea | No |
| Start-up Costs | |
| Tapioca Express | |
| Kung Fu Tea | |
| Equipment | |
| Tapioca Express} | |
| Kung Fu Tea | |
| Inventory | |
| Tapioca Express | |
| Kung Fu Tea | |
| Receivables | |
| Tapioca Express | |
| Kung Fu Tea | |
| Payroll | |
| Tapioca Express | |
| Kung Fu Tea | |
Training & Support |
|
| Training | |
| Tapioca Express | |
| Kung Fu Tea | |
| Support | |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Kung Fu Tea | |
| Marketing | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Kung Fu Tea | |
| Operations | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators |
| Kung Fu Tea | |
Expansion Plans |
|
| US Expansion | |
| Tapioca Express | |
| Kung Fu Tea | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Tapioca Express | |
| Kung Fu Tea | |
| International Expansion | |
| Tapioca Express | |
| Kung Fu Tea | Australia, Canada, Mexico |