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Updated RecentlyDistinctly Tea vs Xing Fu Tang Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Distinctly Tea vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $160,000 - $230,000 | $289,000 - $943,500 |
| Franchise Fee | $20,000 | N/A |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2019 |
| Year Franchised | 2009 | 2020 |
| 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 | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | Yes |
Company Overviews
About Distinctly Tea
As tea is the second most popular beverage in the world behind water, Distinctly Tea has available over 350 varieties to satisfy the full range of tastes that have developed. Commencing business in 2003 in Stratford Ontario, Peter Barker has developed a successful retail format and a thriving tea blending business that serves this growing segment of the beverage industry. Locations may also retail tea beverages by the cup if appropriate.
About Xing Fu Tang
!["Xing]("https://fddexchange.com/wp-content/uploads/2020/11/Xing-Fu-Tang.png")
The franchise that we offer is for a Xing Fu Tang business, a retail
shop offering premium, Taiwanese-style boba or bubble tea beverages,
featuring unique, stir fried, brown sugar tapioca pearls prepared
according to a proprietary recipe, using high quality ingredients, and
made fresh in front of the customer, and other menu items.
The initial investment necessary to begin operation of a Shop under a
franchise agreement ranges from $289,000 to $673,500. This includes
$135,000 to $160,000 that you must pay to the franchisor or its
affiliates.
The initial investment necessary to begin operation of a
Shop under a multi-unit development agreement depends on the number of
Shops that you are authorized to develop and ranges from $404,000,000 to
$943,500. This includes a development fees of $115,000 to 270,000
depending on the number of Shops that you are authorized to establish
under the multi-unit development agreement.