Start-Up Costs and Fees |
||
| Barnie's Coffee & Tea Company | Kung Fu Tea | |
| Investment | 202000 - 350000 | 124050 - 428050 |
| Franchise Fee | ||
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 1980 | 2013 |
| Year Franchised | 1981 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Barnie's Coffee & Tea Company | Kung Fu Tea | |
| Experience | ||
Financing Options |
||
| Barnie's Coffee & Tea Company | Kung Fu Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Barnie's Coffee & Tea Company | Kung Fu Tea | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Barnie's Coffee & Tea Company | 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 | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
| Franchise Fee | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
| Royalty Fee | |
| Barnie's Coffee & Tea Company | 7% |
| Kung Fu Tea | |
| Advertising Fee | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
| Year Founded | |
| Barnie's Coffee & Tea Company | 1980 |
| Kung Fu Tea | 2013 |
| Year Franchised | |
| Barnie's Coffee & Tea Company | 1981 |
| Kung Fu Tea | 2013 |
| Term Of Agreement | |
| Barnie's Coffee & Tea Company | 10 years |
| Kung Fu Tea | |
| Renewal Fee | |
| Barnie's Coffee & Tea Company | 50% of current franchise fee |
| Kung Fu Tea | |
Business Experience Requirements |
|
| Experience | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
Financing Options |
|
| Franchise Fees | |
| Barnie's Coffee & Tea Company | No |
| Kung Fu Tea | No |
| Start-up Costs | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
| Equipment | |
| Barnie's Coffee & Tea Company} | |
| Kung Fu Tea | |
| Inventory | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
| Receivables | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
| Payroll | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
Training & Support |
|
| Training | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | |
| Support | |
| Barnie's Coffee & Tea Company | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Kung Fu Tea | |
| Marketing | |
| Barnie's Coffee & Tea Company | Ad slicks |
| Kung Fu Tea | |
| Operations | |
| Barnie's Coffee & Tea Company | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
| Kung Fu Tea | |
Expansion Plans |
|
| US Expansion | |
| Barnie's Coffee & Tea Company | |
| 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 | |
| Barnie's Coffee & Tea Company | 0 |
| Kung Fu Tea | |
| International Expansion | |
| Barnie's Coffee & Tea Company | |
| Kung Fu Tea | Australia, Canada, Mexico |