43-40 Union St., Unit 1A Flushing, NY 11355
We are a New York corporation, organized on March 28, 2019, for the purpose of offering VIVI bubble tea franchises. Our principle business address is 43 40 Union St., Unit 1A, Flushing, NY 11355. We use the trade name “VIVI bubble tea” to conduct business. We have offered franchises providing the type of business you will operate since our inception. We have neither engaged in any other line of business nor offered franchises in any other line of business. Our agent for service of process in New York is James Huang who can be reached at 43 40 Union St., Unit 1A, Flushing, NY 11355. Our agents for service of process in other states are disclosed in Exhibit B.
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Franchimp Summary Rating
3/10
Investment Accessibility
3/10
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Upfront Franchise Fees
Minimum: $28,800 Maximum: $28,800
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: $166,900 Maximum: $305,100
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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