It's A Grind Coffee House vs Kung Fu Tea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of It's A Grind Coffee House vs Kung Fu Tea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$173,150 - $473,000 | $124,050 - $428,050 |
Franchise Fee |
$15,000 - $25,000 | $37,000 |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
1995 | 2013 |
Year Franchised |
2000 | 2013 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$2.5K | - |
Business Experience Requirements |
Experience |
General business experience Strong people skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
Additional training as needed | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12
- 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
Company Overviews
About It's A Grind Coffee House
Husband-and-wife team Marty Cox and Louise Montgomery opened the first It's A Grind coffee shop in Long Beach, California, in 1995. Locations feature a blues and jazz theme, and wingback chairs that allow customers to relax while enjoying whole bean coffees, espresso drinks, teas, pastries, muffins and bagels.
It’s A Grind is a specialty coffee house concept established in 1994 to
provide high quality gourmet coffee, espresso beverages, better for you
healthy cold drinks, range of home baked foods in a comfortable,
community-focused neighborhood environment.
Our coffee houses are independent, well connected and free spirited.
Our range of coffee credible merchandise and quirky trinkets and treasures
creates an
It’s A Grind coffee house experience that promotes a free
spirited attitude.
About Kung Fu Tea
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.