Franchimp Summary Rating
Lower than 0% of peers
Franchise Summary
Description
Kokee Tea, LLC is a franchise that specializes in high-quality teas and tea-based beverages, offering a diverse menu that includes traditional, bubble, and fruit teas, while emphasizing the use of premium ingredients. The brand also provides customization options for drinks, a welcoming atmosphere, franchise opportunities, and engages with local communities to foster customer loyalty.
Company Background
KOKEE TEA is a retail franchise that specializes in bubble tea, desserts, and other beverages. We are the first of its kind to offer franchises around the world with plans to expand into more countries this year.
Franchise Opportunity
How do you find the best bubble tea in your city? There are so many options, and it can be hard to decide which one is worth a visit. Many of them have similar menus with very little difference between them. Kokee Tea is different from other bubble teas because we offer over 100 flavors that are made fresh daily at each location. We also serve freshly baked desserts that pair perfectly with our drinks! You'll never get bored here!
FAQ
How much investment do I need to start my own KOKEE TEA, LLC business?
We aren't sure how much money you will need to start a KOKEE TEA, LLC franchise. However, we can tell you that franchisees also operating in the Professional Services industry typically require $47,698 to $93,764 investment to start their franchise
What are the initial franchise fees for KOKEE TEA, LLC ?
We don't know exactly how much the franchise fees are for KOKEE TEA, LLC , but we can tell you that other franchises in the Professional Services sector typically need to pay between $11,266 and $16,444 to the
franchisor
How much money can I make with a KOKEE TEA, LLC franchise? What are
the average revenues for a typical KOKEE TEA, LLC business?
We haven’t done the math on how much revenue a typical
KOKEE TEA, LLC brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$1,201,697 revenue, so we would expect
KOKEE TEA, LLC to generate a similar amount
How long do I need to commit to running a KOKEE TEA, LLC 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
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