Question 1

How many Ding Tea franchise locations are there?

Accepted Answer

Ding Tea currently has 120 total units, including 120 franchised locations and 0 company-owned locations.

Question 2

Is the Ding Tea franchise system growing or shrinking?

Accepted Answer

Ding Tea has experienced negative net growth of -12.4% over the past year, with a 3-year compound annual growth rate (CAGR) of +1.1%.

Question 3

What is the franchise vs. company-owned ratio for Ding Tea?

Accepted Answer

Ding Tea has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Ding Tea franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Ding Tea had 4 units opened and 21 units closed.