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Updated RecentlyCocoa Grinder vs Kung Fu Tea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cocoa Grinder vs Kung Fu Tea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $178,730 - $265,100 | $124,050 - $428,050 |
| Franchise Fee | $20,000 | $37,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 2013 | 2013 |
| Year Franchised | 2017 | 2013 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 2 weeks+ | - |
| Support | Meetings/Conventions Grand Opening Online Support Field Operations | - |
| Marketing | Regional Advertising | - |
| Operations | Absentee Ownership Allowed | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About Cocoa Grinder
Started by Abdul Elenani in his college years during 2013, Cocoa Grinder is more than a coffee shop. It’s an idea that for the hardworking individual of today, convenience is everything: why shouldn’t you have your specialty cup o’joe and healthy meal in the same place? Perfect for the person on the go, or the busy individual seeking to get some work done, Cocoa Grinder offers the perfect environment to enhance your daily grind or take a well-deserving break from it.
Types of Franchise
Type A
Model Type A is our most common store type. It is incorporated within an existing building. The average square footage is 1300 SF. This allows for a full kitchen which serves hot food and the various beverages. This store type is also equipped with a handicap accessible bathroom and storage area.
Type B
Model Type B is a stand alone building that averages 3500 square feet. The property also includes a parking lot for it’s customers. This store type is equipped with more bathrooms than the original to accommodate for a larger number of customers. It has the option of also including a drive-through for customers on-the-go.
Type C
Model Type C is ideal for placement within malls, airports, train stations, and places of the sort. It is a compressed version but still serves the same amazing food and beverages. The size of this store can be averaged at around 400 square feet.
Type D
Model Type D is very similar to model type C. The difference between the 2 is that model type D can be placed in the center of a mall rather than being an enclosed location. It still serves the same amazing food and beverages but also allows room for customers to sit on the perimeter of the booth. With this model type, customers can get the full 360 degree view and experience of Cocoa Grinder.
Veteran Incentives Franchise fee waived, royalty fee reduced to 3% (only in NY, NJ, PA)
About Kung Fu Tea
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Kung Fu, in its purest essence, is the desire for self-improvement and to expand one's capabilities beyond all limitations.
Here at Kung Fu Tea, we share that same desire. We hold the firm belief that it is our mission to continuously improve and expand upon our already stellar brand.
With over a decade of experience, we are the unchallenged experts in the bubble tea business. From the ingredients for our products to the customer service at our stores, we keep a strict and uncompromisingly high standard, setting the bar for our competitors.
It is our dream to introduce the Kung Fu Tea brand to consumers all around the world, as well as creating a more refined bubble tea culture. For this reason, we are looking for business partners who might be interested in joining us. With your help, we hope to expand our market even further. We are thrilled to announce that we will be opening in Canada this year! And more countries to come.
We have business ventures in North America, Australia, and Canada.