Prince Tea Houses
Professional Services Retail FoodCompany Information
Address
36-39 Prince Street Flushing, NY 11354
Website
Tel
Email
Franchimp Summary Rating
Lower than 0% of peers
Franchise Summary
Description
Prince Tea House is a well-known franchise that combines traditional tea culture with a modern dining experience, offering a diverse selection of high-quality teas and a menu of light meals and desserts in an elegant, Asian-inspired ambiance. With multiple urban locations, it caters to tea lovers and promotes tea culture through events and tastings, emphasizing quality and customer experience.
Company Background
Prince Tea Houses is a bakery and tea house offering a wide selection of cakes, breads and pastry items, sandwiches, hot teas and more. Our mission statement is to provide our customers with the best quality food while maintaining an inviting atmosphere. We are committed to providing excellent customer service that will leave you wanting more from us in the future.
Franchise Opportunity
It can be hard to find a good place to get tea and pastries. Not only is it hard to find a good tea house, but most places that serve tea also serve unhealthy pastries and desserts. Prince Tea Houses offers a wide selection of delicious Asian-inspired pastries, as well as healthy sandwiches, salads, and soups. We also have a wide selection of hot and cold teas.
Corporate Structure
We do business under the name Prince Tea House. We are a New York limited liability company formed March 22, 2019. Our principal business address is 36 39 Prince Street, Flushing, NY 11354. Our agents for service of process are listed in Exhibit A of this disclosure document. We offer the right to own and operate a Prince Tea House unit franchise at a location that you choose and we approve. Each Prince Tea House unit franchise occupies approximately 1,300 to 2,000 square feet of usable space. Each Prince Tea House unit franchise is a retail bakery and tea house offering a wide selection of cakes, breads and pastry items, sandwiches, hot and cold teas and related items, including on premises dining and carry out services.
Investment and Franchisee Fees
The total investment necessary to begin operation of a franchised Prince Tea House business is $570,000 to $1,010,000. This includes $75,000 to $100,000 that you must pay to us or our affiliate.
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
|---|
Prince Tea Houses Franchise System Development in 2020
FAQ
How much investment do I need to start my own Prince Tea Houses business?
Franchisees typically require at least $570 to $1 investment to get their Prince Tea Houses business started
What are the initial franchise fees for Prince Tea Houses?
Franchisees typically need to pay at least $75 in fees directly to Prince Tea Houses in order to earn the right to launch their business
How much money can I make with a Prince Tea Houses franchise? What are
the average revenues for a typical Prince Tea Houses business?
We haven’t done the math on how much revenue a typical
Prince Tea Houses brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$1,201,697 revenue, so we would expect
Prince Tea Houses to generate a similar amount
How long do I need to commit to running a Prince Tea Houses 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
$299,000 to $673,500
which is
Lower
than the $0 to $0 average in the Retail Food 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
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today
CLAIM THIS FRANCHISE