Start-Up Costs and Fees |
||
| Kung Fu Tea | Playday Cafe | |
| Investment | 124050 - 428050 | 346000 - 490000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 1% | |
| Year Founded | 2013 | 0 |
| Year Franchised | 2013 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kung Fu Tea | Playday Cafe | |
| Experience | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. | |
Financing Options |
||
| Kung Fu Tea | Playday Cafe | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Kung Fu Tea | Playday Cafe | |
| Training | ||
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Kung Fu Tea | Playday Cafe | |
| 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 | |
| Playday Cafe | |
| Franchise Fee | |
| Kung Fu Tea | |
| Playday Cafe | |
| Royalty Fee | |
| Kung Fu Tea | |
| Playday Cafe | 6% |
| Advertising Fee | |
| Kung Fu Tea | |
| Playday Cafe | 1% |
| Year Founded | |
| Kung Fu Tea | 2013 |
| Playday Cafe | 0 |
| Year Franchised | |
| Kung Fu Tea | 2013 |
| Playday Cafe | 0 |
| Term Of Agreement | |
| Kung Fu Tea | |
| Playday Cafe | 10 years |
| Renewal Fee | |
| Kung Fu Tea | |
| Playday Cafe | |
Business Experience Requirements |
|
| Experience | |
| Kung Fu Tea | |
| Playday Cafe | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. |
Financing Options |
|
| Franchise Fees | |
| Kung Fu Tea | |
| Playday Cafe | |
| Start-up Costs | |
| Kung Fu Tea | |
| Playday Cafe | |
| Equipment | |
| Kung Fu Tea} | |
| Playday Cafe | |
| Inventory | |
| Kung Fu Tea | |
| Playday Cafe | |
| Receivables | |
| Kung Fu Tea | |
| Playday Cafe | |
| Payroll | |
| Kung Fu Tea | |
| Playday Cafe | |
Training & Support |
|
| Training | |
| Kung Fu Tea | |
| Playday Cafe | |
| Support | |
| Kung Fu Tea | |
| Playday Cafe | |
| Marketing | |
| Kung Fu Tea | |
| Playday Cafe | |
| Operations | |
| Kung Fu Tea | |
| Playday Cafe | |
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 |
| Playday Cafe | |
| Canada Expansion | |
| Kung Fu Tea | |
| Playday Cafe | |
| International Expansion | |
| Kung Fu Tea | Australia, Canada, Mexico |
| Playday Cafe | |