Question 1

How much does it cost to open a Prince Tea House franchise?

Accepted Answer

The total initial investment for a Prince Tea House franchise ranges from $570K to $1.0M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Prince Tea House franchise fee?

Accepted Answer

The initial franchise fee for Prince Tea House is $60K.

Question 3

What are the net worth requirements for a Prince Tea House franchise?

Accepted Answer

Net worth requirements for Prince Tea House are specified in the Franchise Disclosure Document.

Question 4

Does Prince Tea House require a personal guarantee?

Accepted Answer

Yes, Prince Tea House requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Prince Tea House franchise?

Accepted Answer

Equipment costs for a Prince Tea House franchise range from $100K to $200K. Initial inventory costs range from $15K to $40K.