Franchimp Summary Rating
Higher than 88% of peers
Franchise Summary
Description
You will operate a retail store offering purified water, purified ice, bottled water, water containers, a large selection of freshly brewed iced teas, fresh fruit, various retail products, and other related items under the name HTEAO
Corporate Structure
They are a Texas limited liability limited partnership, formed on November 22, 2017, and we do business only under our corporate name and under the trade name and service mark “HTEAO”. We maintain our principal business address at 301 South Polk Street, Suite 860, Amarillo, Texas 79101
Royalties and Marketing Fees
Royalties : 6% of Gross Revenue, or 6% of our Suggested Retail Price for certain products.
Royalties : Generally, up to 2% of Gross Revenue. With respect to certain Saleable Merchandise, we may calculate the Advertising Fund Contribution as up to 2% of our suggested retail price
Royalties : At least 2% of Gross Revenue
Franchise Types Available
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Employee Contact Database
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HTeaO Franchise System Development in 2022
FAQ
How much investment do I need to start my own HTeaO business?
Franchisees typically require at least $238 to $1 investment to get their HTeaO business started
What are the initial franchise fees for HTeaO?
Franchisees typically need to pay at least $40 in fees directly to HTeaO in order to earn the right to launch their business
How much money can I make with a HTeaO franchise? What are
the average revenues for a typical HTeaO business?
We haven’t done the math on how much revenue a typical
HTeaO brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
HTeaO to generate a similar amount
How long do I need to commit to running a HTeaO unit? What
is my contractual commitment?
HTeaO franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$238,200 to $1,927,500
which is
Much Higher
than the $0 to $0 average in the Quick Service Restaurants (QSR) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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