Start-Up Costs and Fees |
||
| Kung Fu Tea | Lasaters Coffee & Tea | |
| Investment | 124050 - 428050 | 257000 - 310000 |
| Franchise Fee | ||
| Royalty Fee | 0 | |
| Advertising Fee | 1% | |
| Year Founded | 2013 | 2004 |
| Year Franchised | 2013 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kung Fu Tea | Lasaters Coffee & Tea | |
| Experience | $60,000-$90,000 in liquid capital, management/business ownership history | |
Financing Options |
||
| Kung Fu Tea | Lasaters Coffee & Tea | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Kung Fu Tea | Lasaters Coffee & Tea | |
| Training | Ongoing | |
| Support | ||
| Marketing | Local marketing to be approved | |
| Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | |
Expansion Plans |
||
| Kung Fu Tea | Lasaters Coffee & 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 | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| Franchise Fee | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| Royalty Fee | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | 0 |
| Advertising Fee | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | 1% |
| Year Founded | |
| Kung Fu Tea | 2013 |
| Lasaters Coffee & Tea | 2004 |
| Year Franchised | |
| Kung Fu Tea | 2013 |
| Lasaters Coffee & Tea | 2006 |
| Term Of Agreement | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | 10 years |
| Renewal Fee | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | 0 |
Business Experience Requirements |
|
| Experience | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
|
| Franchise Fees | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| Start-up Costs | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| Equipment | |
| Kung Fu Tea} | |
| Lasaters Coffee & Tea | |
| Inventory | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| Receivables | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| Payroll | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
Training & Support |
|
| Training | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | Ongoing |
| Support | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| Marketing | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Operations | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% 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 |
| Lasaters Coffee & Tea | |
| Canada Expansion | |
| Kung Fu Tea | |
| Lasaters Coffee & Tea | |
| International Expansion | |
| Kung Fu Tea | Australia, Canada, Mexico |
| Lasaters Coffee & Tea | |