Start-Up Costs and Fees |
||
| Van Houtte | Kung Fu Tea | |
| Investment | 250000 - 300000 | 124050 - 428050 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1919 | 2013 |
| Year Franchised | 1983 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Van Houtte | Kung Fu Tea | |
| Experience | ||
Financing Options |
||
| Van Houtte | Kung Fu Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Van Houtte | Kung Fu Tea | |
| Training | ||
| Support | Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 5% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Van Houtte | 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 | |
| Van Houtte | |
| Kung Fu Tea | |
| Franchise Fee | |
| Van Houtte | |
| Kung Fu Tea | |
| Royalty Fee | |
| Van Houtte | 5% |
| Kung Fu Tea | |
| Advertising Fee | |
| Van Houtte | |
| Kung Fu Tea | |
| Year Founded | |
| Van Houtte | 1919 |
| Kung Fu Tea | 2013 |
| Year Franchised | |
| Van Houtte | 1983 |
| Kung Fu Tea | 2013 |
| Term Of Agreement | |
| Van Houtte | 10 years |
| Kung Fu Tea | |
| Renewal Fee | |
| Van Houtte | |
| Kung Fu Tea | |
Business Experience Requirements |
|
| Experience | |
| Van Houtte | |
| Kung Fu Tea | |
Financing Options |
|
| Franchise Fees | |
| Van Houtte | No |
| Kung Fu Tea | No |
| Start-up Costs | |
| Van Houtte | |
| Kung Fu Tea | |
| Equipment | |
| Van Houtte} | |
| Kung Fu Tea | |
| Inventory | |
| Van Houtte | |
| Kung Fu Tea | |
| Receivables | |
| Van Houtte | |
| Kung Fu Tea | |
| Payroll | |
| Van Houtte | |
| Kung Fu Tea | |
Training & Support |
|
| Training | |
| Van Houtte | |
| Kung Fu Tea | |
| Support | |
| Van Houtte | Meetings, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Kung Fu Tea | |
| Marketing | |
| Van Houtte | Co-op advertising, Regional advertising |
| Kung Fu Tea | |
| Operations | |
| Van Houtte | 5% of all franchisees own more than one unit Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Kung Fu Tea | |
Expansion Plans |
|
| US Expansion | |
| Van Houtte | |
| 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 | |
| Van Houtte | 0 |
| Kung Fu Tea | |
| International Expansion | |
| Van Houtte | |
| Kung Fu Tea | Australia, Canada, Mexico |