FRANCHISING
Frequently Asked Questions - FAQ
What sets SunTea apart from other bubble tea shops?
SunTea's uniqueness lies in its use of fresh hand-cut fruits, offering unique flavor combinations, emphasizing health and customization, creating an inviting atmosphere, and providing comprehensive franchise support.
What is the typical size requirement for a SunTea store?
SunTea stores generally range from 600 square feet to 2000 square feet. The specific size can vary depending on market availability, location type, and real estate options. SunTea takes into account these factors to determine the optimal size for each store, ensuring it meets the needs of the local market while providing a comfortable and inviting space for customers.
What are the standard fees associated with owning a SunTea franchise?
The specific details regarding fees and financial obligations will be provided in the franchise informational packet after the application review process.
What are ongoing royalties?
The specific details regarding fees and financial obligations will be provided in the franchise informational packet after the application review process.
What is the required available cash or equity to open a SunTea franchise?
The amount of available cash or equity needed to open a SunTea franchise can vary depending on factors such as the size of the location. Generally, a minimum of 250,000 Canadian dollars is required, with costs ranging from 250,000 to 400,000 Canadian dollars depending on the size of the store. Financing options may be available through major Canadian banks, with the potential to secure up to 60% of this amount. For more specific information and to explore financing options, it is recommended to consult with the SunTea franchise team.