Prince Tea Houses
Company Information
36-39 Prince Street Flushing, NY 11354
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.
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. The terms of the franchise are contained in our franchise agreement a form of which is attached to this disclosure document in Exhibit F2 The franchise agreement gives you the right to operate a single Prince Tea House unit franchise The agreement includes your grant to us of a security interest in the assets of the franchised business to secure payment of your obligations to us.
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Franchise Rating
Franchimp Summary Rating
10/10
Investment Accessibility
10/10
Franchise System Development
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Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $75,000 Maximum: $100,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $570,000 Maximum: $1,010,000
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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