- 2024 Franchise 500 Rank
-
#296 Ranked #268 last year
- Initial investment
-
$175K - $620K
- Units as of 2023
-
2,002 50.3% over 3 years
Company Overview
About Gong cha
Business Overview
| Franchising Since | 2009 (15 years) |
|---|---|
| # of employees at HQ | 50 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 2,002 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Gong cha franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$34,500 |
|---|---|
|
Initial Investment
|
$174,500 - $619,500 |
|
Net Worth Requirement
|
$150,000 - $4,000,000 |
|
Cash Requirement
|
$100,000 - $2,000,000 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
to 2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 55 hours |
|---|---|
| Classroom Training | 36 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Gong cha landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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