Start-Up Costs and Fees |
||
| Kung Fu Tea | It's A Grind Coffee House | |
| Investment | 124050 - 428050 | 173150 - 473000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2013 | 1995 |
| Year Franchised | 2013 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kung Fu Tea | It's A Grind Coffee House | |
| Experience | General business experience Strong people skills | |
Financing Options |
||
| Kung Fu Tea | It's A Grind Coffee House | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kung Fu Tea | It's A Grind Coffee House | |
| Training | Additional training as needed | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Kung Fu Tea | It's A Grind Coffee House | |
| 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 | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | ||
| International Expansion | Australia, Canada, Mexico |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
| Franchise Fee | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
| Royalty Fee | |
| Kung Fu Tea | |
| It's A Grind Coffee House | 6% |
| Advertising Fee | |
| Kung Fu Tea | |
| It's A Grind Coffee House | 2% |
| Year Founded | |
| Kung Fu Tea | 2013 |
| It's A Grind Coffee House | 1995 |
| Year Franchised | |
| Kung Fu Tea | 2013 |
| It's A Grind Coffee House | 2000 |
| Term Of Agreement | |
| Kung Fu Tea | |
| It's A Grind Coffee House | 10 years |
| Renewal Fee | |
| Kung Fu Tea | |
| It's A Grind Coffee House | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Kung Fu Tea | |
| It's A Grind Coffee House | General business experience Strong people skills |
Financing Options |
|
| Franchise Fees | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
| Start-up Costs | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
| Equipment | |
| Kung Fu Tea} | |
| It's A Grind Coffee House | |
| Inventory | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
| Receivables | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
| Payroll | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
Training & Support |
|
| Training | |
| Kung Fu Tea | |
| It's A Grind Coffee House | Additional training as needed |
| Support | |
| Kung Fu Tea | |
| It's A Grind Coffee House | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Kung Fu Tea | |
| It's A Grind Coffee House | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Kung Fu Tea | |
| It's A Grind Coffee House | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| It's A Grind Coffee House | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Kung Fu Tea | |
| It's A Grind Coffee House | |
| International Expansion | |
| Kung Fu Tea | Australia, Canada, Mexico |
| It's A Grind Coffee House | |