Start-Up Costs and Fees |
||
| Kung Fu Tea | Bad Ass Coffee Company | |
| Investment | 124050 - 428050 | 304500 - 620000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2013 | 1991 |
| Year Franchised | 2013 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Kung Fu Tea | Bad Ass Coffee Company | |
| Experience | ||
Financing Options |
||
| Kung Fu Tea | Bad Ass Coffee Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Kung Fu Tea | Bad Ass Coffee Company | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Kung Fu Tea | Bad Ass Coffee Company | |
| 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 | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
| Franchise Fee | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
| Royalty Fee | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | 6% |
| Advertising Fee | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | 2% |
| Year Founded | |
| Kung Fu Tea | 2013 |
| Bad Ass Coffee Company | 1991 |
| Year Franchised | |
| Kung Fu Tea | 2013 |
| Bad Ass Coffee Company | 1998 |
| Term Of Agreement | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | 5 years |
| Renewal Fee | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
Financing Options |
|
| Franchise Fees | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
| Start-up Costs | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
| Equipment | |
| Kung Fu Tea} | |
| Bad Ass Coffee Company | |
| Inventory | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
| Receivables | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
| Payroll | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
Training & Support |
|
| Training | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | |
| Support | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | International franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are 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 |
| Bad Ass Coffee Company | |
| Canada Expansion | |
| Kung Fu Tea | |
| Bad Ass Coffee Company | 0 |
| International Expansion | |
| Kung Fu Tea | Australia, Canada, Mexico |
| Bad Ass Coffee Company | |