Tastea

About Tastea
The Tastea dream is a reality. We continue to push the envelope with new drinks and flavors -- constantly creating and searching for new ways to make people smile. But at the same time, we still serve the classics that so many of our customers love, from Thai Iced Tea to Green Milk to Taro Milk Tea and more. The center of the Tastea experience is our unique tea bar, where customers can hang out with friends and make some new ones, all while enjoying the most refreshing treat around. Under the Single Tastea Tea Bar Program, you will sign a Franchise Agreement to operate a single Tastea Tea Bar. The franchisor estimates your total initial investment to begin operations of a single Tastea Tea Bar will range from approximately $368,300 to $654,500. Included in the estimate is $74,500 to $80,500 that must be paid to the franchisor or their affiliate which is comprised of the Initial Franchise Fee of $40,000 and $34,500 to $40,500 in fees and expenditures. Under the Area Development Program, the franchisor assigns a defined area within which you must develop and operate a minimum of three Tastea Tea Bars within a specified period of time. If you sign an Area Development Agreement, the franchisor estimates your total initial investment will range from $428,300 to $804,500. Included in the estimate is $134,500 to $230,500 that you must pay to the franchisor or their affiliate which is comprised of the Development Fee of $100,000 (for 3 units) to $190,000 (for 6 units) and $34,500 to $40,500 in fees and expenditures for your first Tastea Tea Bar unit.

Coffee & Beverages Opportunities

Below is a quick comparison of Tastea against other Full Service Restaurant franchises and business opportunities. For an in depth comparison of Tastea with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise
Franchise Fee
Royalty
Advertising Fee
Development Costs
0
$175/month
50000 - 250000
0
0
19900 - 19900
4.50%
2%
113400 - 181200
55000 - 55000
7%
527500 - 1495000
15000 - 15000
8%
4.50%
25500 - 602000
35000 - 35000
6%
2%
304500 - 620000
10500 - 10500
14000 - 168000
20000 - 20000
7%
202000 - 350000
26000 - 26000
7%
145000 - 280000
0
250000 - 999999
0
70000 - 999999
24500 - 24500
6%
69300 - 279900
40000 - 25000
6%
2%
150000 - 999999
20000 - 20000
6%
3%
189550 - 378600
35000 - 35000
8%
2%
250000 - 550000
0
4% or $495 /month whichever is higher
1% or $175/month whichever is higher
88445 - 325955
25000 - 25000
6%
174750 - 300000
35000 - 35000
4%
269450 - 563667
25000 - 25000
104250 - 405000
0
1 - 25000
30000 - 30000
5%
1%
205850 - 458950
30000 - 30000
10%
54500 - 96500
30000 - 40000
2.50%
2.50%
175000 - 575000
25000 - 25000
$175/wk
109146 - 154621
25000 - 25000
8-5%
56200 - 123300
35000 - 35000
6%
$500/mo. or 1% Local +$350 Nat'l
187000 - 305000
30000 - 40000
175000 - 500000
35000 - 35000
300000 - 375000
35000 - 35000
6.90%
3%
414500 - 899600
10000 - 10000
8%
212900 - 373000
30000 - 30000
110000 - 220000
25000 - 25000
7%
100000 - 250000
12500 - 25000
223840 - 939995
3000 - 20000
5%
272500 - 425900
42500 - 42500
6%
to 3%
269000 - 512500
20000 - 20000
6%
178730 - 265100
0
3000000 - 5000000
3000 - 3000
70000 - 140000
30000 - 30000
125000 - 250000
18000 - 18000
6%
116100 - 116100
42000 - 42000
300000 - 300000
20000 - 20000
6%
2%local +2%Nat'l
65000 - 110000
35000 - 35000
230000 - 360000
35000 - 35000
230000 - 360000
25000 - 25000
7%
75000 - 264167
35000 - 35000
6%
187300 - 376800
20000 - 20000
160000 - 230000
40000 - 90000
5.90%
5%
199700 - 1688200
37500 - 37500
5%
3%
406300 - 608500
30000 - 30000
5% or $1300/mo.
1%
88000 - 700000
25000 - 25000
5%
340000 - 575000
0
130000 - 500000
25000 - 25000
6%
4%
250000 - 350000
15000 - 15000
4.50%
1%
248400 - 445500
20000 - 20000
5%
2.50%
213300 - 341300
25000 - 30000
6%
150000 - 250000
15000 - 25000
6%
2%
299000 - 494000
35000 - 35000
7%
2%
385000 - 595000
16000 - 30000
6%
1%
266000 - 482075
30000 - 30000
6%
168990 - 355900
0
350000 - 400000
60000 - 60000
8%
1.75%
300000 - 350000
35000 - 35000
7%
2%
553000 - 1076000
15000 - 25000
6%
2%
173150 - 473000
20000 - 20000
200000 - 265000
0
500 - 500
25000 - 35000
4-6% of gross sales
1-3% of total gross sales.
276000 - 400000
25000 - 25000
200000 - 350000
30000 - 30000
168998 - 355898
15000 - 15000
4%
2%
186600 - 339730
19500 - 19500
5%
2%
323825 - 456100
25000 - 25000
7%
82500 - 786000
0
578000 - 919000
20000 - 20000
5%
2% + 2% locally
88500 - 187500
39000 - 39000
323100 - 497000
37000 - 37000
124050 - 428050
35000 - 35000
0
1%
257000 - 310000
19900 - 19900
6%
2%
65050 - 364700
25000 - 65000
0
31100 - 394000
Max
2500 - 25000
35000 - 350000
34500 - 41400
5%
3%
480000 - 620000
22500 - 22500
5%
53500 - 232500
25000 - 25000
250000 - 350000
10000 - 10000
4%
up to 2%
162000 - 298000
0
5%
103650 - 466450
0
42810 - 126650
20000 - 20000
5%
2.5%-4%
150000 - 350000
29500 - 29500
$750 - $950/ Mo.
$250 - $500/ Mo.
142000 - 224000
0
6000 - 20000
20000 - 35000
6%
194200 - 380600
0
59500 - 140000
25000 - 35000
5%
2%
173275 - 582000
39500 - 39500
6%
1%
346000 - 490000
35000 - 35000
5%
171000 - 458000
14000 - 14000
235000 - 365000
35000 - 35000
200000 - 400000
5000 - 25000
5%
100000 - 999999
25000 - 25000
325000 - 325000
30000 - 30000
6%
218000 - 414000
40000 - 40000
6%
2%
389942 - 860654
30000 - 30000
5%-7%
1%
267200 - 444000
25000 - 25000
7.50%
2%
300000 - 500000
20000 - 25000
5%
189000 - 369000
29200 - 29200
4%
0
35000 - 35000
6%
1%
208950 - 288625
39000 - 39000
7%
Up to 2%
260350 - 344000
25000 - 25000
4%
96500 - 248000
30000 - 30000
250000 - 500000
15000 - 15000
$0.055/cup
200000 - 420000
25000 - 25000
5%
1%
140750 - 243750
15000 - 15000
4%
2%
112500 - 496100
0
6%
3%
450000 - 999999
0
35000 - 999999
0
100000 - 500000
19900 - 19900
6%
2%
184000 - 213900
27500 - 27500
5%
250000 - 300000
49500 - 49500
373000 - 750425
28800 - 28800
166900 - 305100
30000 - 30000
5%
190500 - 457000
25000 - 25000
6%
3%
300000 - 350000
0
0
3000 - 999999
35000 - 35000
6%
1.50%
300000 - 999999
0
6%
58600 - 394000
30000 - 30000
4% - 6%
2%
194500 - 312600
0
289000 - 943500
40000 - 40000
6%
1%
190500 - 1237608
35000 - 321800
6%
2%
109000 - 651800
0
0