Presotea (Master Franchise)
Food & Beverage Food Retail (Grocery, Specialty Foods)Company Information
Address
1209 Orange Street Wilmington, Delaware 19801
Website
Tel
Not Available
Email
Franchise Summary
Description
Presotea is a beverage franchise known for its unique "preso" brewing method that creates rich and flavorful tea and coffee drinks, emphasizing high-quality ingredients and a diverse menu. Targeting young adults and health-conscious consumers, Presotea offers franchise opportunities and aims for expansion in the specialty beverage market.
Company Background
Presotea is a made-to-order tea company, founded by two entrepreneurs who saw an opportunity for a different kind of tea experience. They started with the basics: selecting high quality teas and infusing them with fresh ingredients like fruit, herbs, spices and flavors to create delicious combinations that are perfect hot or iced. Alongside their unique flavor profiles, Presotea offers customers the ability to customize their tea by selecting from three brewing styles (brewed loose leaf for one person; brewed bagged tea for two people; or brewed bagged tea for four people). The first Presotea opened in New York City's Flatiron District on April 12th 2016.
Franchise Opportunity
You love tea, but you don't have the time or space to brew it yourself. We're all busy and we know that finding a moment to sit down for a cup of tea can be hard. That's why we created Presotea - ready made fresh brewed teas delivered right to your door! Ordering from us is easy! Just select which flavor you want, how much caffeine you want (if any), and when you want it delivered. We'll take care of the rest. Your order will arrive at your doorstep within 24 hours in an environmentally friendly box with everything needed to make delicious loose leaf tea as often as you like!
Corporate Structure
We are a Delaware corporation, incorporated on August 24, 2018 as the United States Franchisor entity for the Presotea brand and concept. Our business address is in Taiwan located at No.3 Fuxing St., Tucheng Dist., New Taipei City 236, Taiwan (R.O.C.), and have a U.S. mailing address at 1209 Orange Street, Wilmington, Delaware 19801
Investment and Franchisee Fees
The total investment necessary to begin operation of the Presotea Master Franchise Business ranges from $236,500 to $266,000 This includes $34,000 which must be paid to us or our affiliate. For each Presotea franchise you sell you must pay us or our affiliate $55,000 for required equipment, $18,000 for required branding, and $50,000 for required opening inventory.. You may re sell these services/products to your franchisees at prices you determine.
Earnings Transparency
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Employee Contact Database
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Presotea (Master Franchise) Franchise System Development in 2021
FAQ
How much investment do I need to start my own Presotea (Master Franchise) business?
Franchisees typically require at least $197,500 to $242,000 investment to get their Presotea (Master Franchise) business started
What are the initial franchise fees for Presotea (Master Franchise)?
Franchisees typically need to pay at least $20,000 in fees directly to Presotea (Master Franchise) in order to earn the right to launch their business
How much money can I make with a Presotea (Master Franchise) franchise? What are
the average revenues for a typical Presotea (Master Franchise) business?
We haven’t done the math on how much revenue a typical
Presotea (Master Franchise) brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Presotea (Master Franchise) to generate a similar amount
How long do I need to commit to running a Presotea (Master Franchise) unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$513,394 to $880,343
which is
Much Higher
than the $0 to $0 average in the Food Retail (Grocery, Specialty Foods) 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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