The total investment necessary to begin the operation of a Ding Tea master franchise business ranges from $833,000 to $895,000, which includes $800,000 to $820,000 that must get paid to the franchisor. The franchise fee is $700,000 per store. A large number of initial investments get paid to the franchisor. Once the operations begin, there’s the expectation that franchisees pay the company a service fee of 2.5% of gross revenues. In addition to other fees, the latest FDD reports that the payments and purchases to the franchisor, designated vendors, and suppliers will consist of 20% to 25% of your monthly expenditure.
The total investment necessary to begin the operation of a Ding Tea subfranchise business ranges from $195,240 to $324,170, which includes $58,500 that must get paid to the franchisor. The franchise fee is $30,000 per store. Once the operations begin, there’s an expectation that franchisees pay the company a service fee of $500 per month and 3% of gross monthly sales of marketing fee.