Junbi is a franchise that makes a speciality of providing high-quality matcha tea. Based by two {couples} in 2017, the model focuses on the concept of “preparation,” which is mirrored in its title, as “Junbi” interprets to “preparation” in Japanese.
The corporate emphasizes delivering power and goodness via its matcha, encouraging its clients to “Put together Daringly,” a motto geared toward motivating people to step out of their consolation zones and tackle new challenges. The model is headquartered in California and commenced franchising in 2020.
The franchise has been rising steadily, with places throughout the US and plans for additional enlargement. Every franchise retailer is supplied with a protected territory, and new franchisees obtain complete coaching. Junbi is searching for each single and multi-unit franchisees and is actively engaged on increasing into Canada.
Preliminary Funding
How a lot does it value to begin a Junbi franchise? It prices on common between $260,000 to $576,000 to begin a Junbi franchised restaurant.
This value depends upon elements equivalent to location and the kind of actual property. Moreover, the preliminary franchise price is $30,000 for franchisees who take part 2024, which is able to improve to $40,000 in 2025.
As compared, see beneath just a few different tea & bubble tea franchises and their preliminary funding:
| Franchise | Funding |
|---|---|
| Give | $260,000 – $576,000 |
| Sharetea | $387,000 – $492,000 |
| Gong Cha | $175,000 – $620,000 |
| Coco Recent Tea & Juice | $221,000 – $454,000 |
| Kung Fu Tea | $169,000 – $378,000 |
Common Income (AUV)
How a lot income are you able to make with a Junbi franchise? Sadly, the common income for a typical Junbi franchise is just not explicitly disclosed.
As compared, see beneath just a few different tea & bubble tea franchises and their common yearly income:
| Franchise | Funding |
|---|---|
| Give | Undisclosed |
| Sharetea | $372,000 |
| Gong Cha | $429,000 |
| Coco Recent Tea & Juice | $482,000 |
| Kung Fu Tea | $347,000 |
Ceaselessly Requested Questions
What number of Junbi places are there?
Junbi at the moment has a complete of 5 places in the US, with 3 being franchised models and a couple of corporate-owned places.
What’s the whole funding required to open a Junbi franchise?
The whole funding required to open a Junbi franchise ranges from $260,000 to $576,000.
What are the continued charges for a Junbi franchise?
For a Junbi franchise, the continued charges embody a royalty price of 6% of product sales. Moreover, franchisees are required to contribute 1% of their month-to-month gross sales in the direction of a advertising price.
These charges assist the franchisor’s efforts in offering ongoing assist, advertising campaigns, and model growth to assist franchisees succeed.
What are the monetary necessities to change into a Junbi franchisee?
To change into a Junbi franchisee, the monetary necessities embody having a minimal web value of $150,000. Moreover, you could have no less than $70,000 in liquid capital. These necessities are in place to make sure that franchisees have enough monetary stability to cowl preliminary funding prices and ongoing operational bills.
How a lot can a Junbi franchise proprietor count on to earn?
The typical product sales for a Junbi franchise are roughly $999,000 per location. Assuming a 15% working revenue margin, $999,000 yearly income can lead to $150,000 EBITDA yearly.
Who owns Junbi?
Junbi is owned by a staff of 4 people: two {couples} named June, Dan, Anna, and Jeremy. They’re the co-founders who launched the model with the mission of delivering high-quality matcha drinks and inspiring the motto “Put together Daringly.” Their collective imaginative and prescient focuses on offering genuine matcha experiences and fostering a neighborhood round wholesome, energizing drinks.
Disclaimer
Disclaimer: This content material has been made for informational and academic functions solely. We don’t make any illustration or warranties with respect to the accuracy, applicability, health, or completeness of the knowledge introduced within the article. You shouldn’t construe any such info or different materials as authorized, tax, funding, monetary, or different skilled recommendation. Nothing contained in this text constitutes a solicitation, advice, endorsement, commercial, or provide to purchase or promote any franchises, securities, or different monetary devices on this or in every other jurisdiction by which such solicitation or provide could be illegal beneath the franchise and/or securities legal guidelines of such jurisdiction.
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