Start-Up Costs and Fees |
||
| Coffee Perks | Kung Fu Tea | |
| Investment | 116100 - 116100 | 124050 - 428050 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 1993 | 2013 |
| Year Franchised | 2004 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Coffee Perks | Kung Fu Tea | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Coffee Perks | Kung Fu Tea | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Coffee Perks | Kung Fu Tea | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Coffee Perks | 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 | 0 | |
| International Expansion | Australia, Canada, Mexico |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Coffee Perks | |
| Kung Fu Tea | |
| Franchise Fee | |
| Coffee Perks | |
| Kung Fu Tea | |
| Royalty Fee | |
| Coffee Perks | 6% |
| Kung Fu Tea | |
| Advertising Fee | |
| Coffee Perks | |
| Kung Fu Tea | |
| Year Founded | |
| Coffee Perks | 1993 |
| Kung Fu Tea | 2013 |
| Year Franchised | |
| Coffee Perks | 2004 |
| Kung Fu Tea | 2013 |
| Term Of Agreement | |
| Coffee Perks | 10 years |
| Kung Fu Tea | |
| Renewal Fee | |
| Coffee Perks | $5K |
| Kung Fu Tea | |
Business Experience Requirements |
|
| Experience | |
| Coffee Perks | Industry experience General business experience Marketing skills |
| Kung Fu Tea | |
Financing Options |
|
| Franchise Fees | |
| Coffee Perks | Yes |
| Kung Fu Tea | Yes |
| Start-up Costs | |
| Coffee Perks | |
| Kung Fu Tea | |
| Equipment | |
| Coffee Perks} | |
| Kung Fu Tea | |
| Inventory | |
| Coffee Perks | |
| Kung Fu Tea | |
| Receivables | |
| Coffee Perks | |
| Kung Fu Tea | |
| Payroll | |
| Coffee Perks | |
| Kung Fu Tea | |
Training & Support |
|
| Training | |
| Coffee Perks | |
| Kung Fu Tea | |
| Support | |
| Coffee Perks | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Kung Fu Tea | |
| Marketing | |
| Coffee Perks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Kung Fu Tea | |
| Operations | |
| Coffee Perks | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) |
| Kung Fu Tea | |
Expansion Plans |
|
| US Expansion | |
| Coffee Perks | |
| 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 | |
| Coffee Perks | 0 |
| Kung Fu Tea | |
| International Expansion | |
| Coffee Perks | |
| Kung Fu Tea | Australia, Canada, Mexico |