Loading FDD preview...
Download this + 1,700 other FDDs · One-time purchase
1,700+ FDDs structured for franchise professionals
We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.
FENG CHA
Cannect LLC offers franchises for FENG CHA, enabling qualified individuals and entities to own and operate stores that provide quality drinks and desserts to the public using proprietary service marks, trade names, programs, and systems known as the 'Method of Operation.' The business model revolves around franchising this standardized beverage and dessert concept, with initial investments ranging from $194,916.10 to $513,375.63, including a $45,000 initial fee paid to the franchisor. The target market is the general public seeking premium drinks and desserts, likely appealing to fans of specialty beverages like bubble tea.
Loading preview...
Download this + 1,700 other FDDs · One-time purchase
Franchise Costs
5% royalty + up to 2% ad fund + up to $350/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 74 franchisees that operated during the entire 2025 calendar year.
* The weighted average of gross revenues calculated from the quartile data (sum of (units * average revenue) for each quartile / total units) matches the reported overall average gross revenue of $426,484, confirming consistency in the provided financial performance data.
Extracted Item 19 Section
Avg. Revenue: $426,484
Unlock financial performance data with full access to 1,700+ franchise reports
Unlock financial performance dataHow FENG CHA Compares
Key Insights
- Top 10 largest franchise system in Beverages
- One of the lowest SBA loan default rates in Beverages
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
FENG CHA Current | $207K – $583K | $30K | 5.0% | 87 |
| JAMBA | $150K – $350K | $36K | 6.0% | 709 |
| KUNG FU TEA | $169K – $378K | $37K | 4.0% | 385 |
| SHARETEA | $276K – $606K | $12K | 6.0% | 146 |
| DING TEA | $195K – $324K | $30K | N/A | 101 |
| FiiZ Drinks | $250K – $775K | $40K | 8.0% | 63 |
Beverages Average 22 franchises | $266K – $586K | $38K | 5.3% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 22 Beverages franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
Unlock location growth data with full access to 1,700+ franchise reports
Unlock location growth dataSBA Loan History
Historical SBA 7(a) loan data for FENG CHA franchisees (2022 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
5 SBA loans on record
Unlock SBA loan history with full access to 1,700+ franchise reports
Unlock SBA loan historyFranchisee Contacts
16 franchisee contacts on file from official FDD filings.
16 Contacts Available
Unlock all FENG CHA franchisee contacts with verified contact information
Unlock contactsDue Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Unlock due diligence reports with full access to 1,700+ franchise reports
Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a FENG CHA franchise ranges from $206,925 to $582,710. This includes a franchise fee of $30,000. Ongoing royalty fees are 5.0% of gross sales.
More Food & Beverage Franchises
Subway
Food & Beverage
MCDONALD'S
Food & Beverage
DUNKIN'
Food & Beverage
DOMINO'S PIZZA
Food & Beverage
Burger King
Food & Beverage
LITTLE CAESARS
Food & Beverage