Jazen Tea FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers “Stand-Alone Jazen Tea® Shop Franchises” for the right to sell a variety of flavorful fruit and tea drinks made from brewed high quality tea leaves and fresh fruit, smoothies and snacks in an attractive retail environment identified by the distinctive branding elements of the “Jazen Tea® System.” The franchisor also offers “Co-Branding Franchises” to qualified “Phở Hòa® Restaurant Franchisees” granting the right to sell, in addition to “Phở Hòa® Menu Items,” a selection of “Core Jazen Tea® Menu Items” and to incorporate the distinctive branding elements of the Jazen Tea® System as part of your Phở Hòa® Restaurant operations.
Corporate Information
South Bay Soup Corporation is a California corporation organized on September 2, 2005. Their principal place of business is 2372 Maritime Drive, Elk Grove, California 95758. They are a wholly owned subsidiary of Aureflam Corporation, a California corporation.
Investment
Stand-Alone Jazen Tea® Shop Franchises: The total investment necessary to begin operation of a Stand-Alone Jazen Tea® Shop ranges from $182,600 to $389,930. This includes between $20,720 and $28,220 that you must pay to the franchisor or their affiliates before you open your Stand-Alone Jazen Tea® Shop if this is your first Jazen Tea® franchise.
Co-Branded Phở Hòa® Restaurant Franchises: The total initial investment to begin operation of a Co-Branded Phở Hòa® Restaurant ranges from $73,000 to $112,000. This includes between $16,120 and $23,620 that you must pay to the franchisor or their affiliates for Co-Branding Franchise rights. The range of $16,120 to $23,620 excludes the separate $20,000 Initial Franchise Fee payable to acquire Phở Hòa® Restaurant franchise rights. It also excludes the Term Extension Fee that is payable only if you need to extend the term of an existing Phở Hòa® Franchise Agreement so that it expires at the same time as the Co-Branding Addendum, i.e., 5 years after you first begin selling Core Jazen Tea® Menu Items and operating as a Co-Branded Phở Hòa® Restaurant. The initial investment range covers only the incremental expenses over and above the estimated initial investment to begin operation of a Phở Hòa® Restaurant, which the franchisor discloses in a separate Disclosure Document for the Phở Hòa® Restaurant franchise opportunity.
