Prince Tea House

Prince Tea House

Information based on 2023 FDD

Food & Beverage · Coffee & Tea

Investment min
$570K
Total: $570K–$1M
Avg gross revenue
N/A
Unit-level, 2023
Franchise fee
$60K
Per current disclosure
Royalty
4%
of gross revenue
Locations
5
Franchising since 2019

Description

What is Prince Tea House?

Prince Tea House is an elegant Asian-fusion tea house concept that has captured the hearts of customers since 2014 with its sophisticated ambiance and exceptional dining experience. This rapidly growing franchise combines the timeless tradition of afternoon tea service with modern Asian-inspired cuisine and desserts, creating a unique niche in the competitive food and beverage market.

The brand is renowned for its extensive selection of premium teas, from classic Earl Grey to innovative flavored milk teas, all served in beautiful, Instagram-worthy presentations. Their signature menu features an array of delectable items, including their famous mille crepe cakes, lavender milk tea, and both sweet and savory dishes that cater to diverse palates.

What sets Prince Tea House apart is its ability to create an enchanting atmosphere that transforms ordinary moments into memorable experiences. The interior design of each location exhibits careful attention to detail, featuring elegant décor that makes customers feel like royalty. This makes it an ideal destination for various occasions, from casual meetups to special celebrations and private events.

The concept has proven particularly successful in metropolitan areas, attracting a loyal customer base through its combination of high-quality products, exceptional service, and sophisticated ambiance. With its broad appeal to tea enthusiasts, dessert lovers, and those seeking a refined dining experience, Prince Tea House offers franchisees an opportunity to operate a distinctive establishment in the growing premium casual dining sector.
  • Premium tea house concept with upscale positioning
  • Established franchise system since 2014
  • Specialty tea and beverage focus
  • Experiential dining atmosphere
  • Creative dessert and food offerings
  • Community-focused franchise opportunity

Location Analysis

Where Prince Tea House wins

Founded in 2014, Prince Tea House has established itself as a growing presence in the East Coast tea and beverage market. The franchise maintains a notable presence across multiple states, with its strongest concentration in the New York-New Jersey corridor. The franchise has established a significant market presence throughout the Northeast region, with a strong foothold in New York and New Jersey, complemented by strategic locations in Pennsylvania and Virginia, though some locations may include temporarily closed or non-operational units.

The franchise demonstrates strong customer satisfaction with impressive ratings across numerous customer reviews. Their successful operational model is exemplified by locations like their Bensonhurst, Brooklyn establishment, which maintains exceptional customer satisfaction ratings while operating in a culturally diverse neighborhood with strong tea culture appreciation.

The current geographic distribution reveals significant expansion opportunities in major Mid-Atlantic markets, particularly in underserved urban centers between existing locations. Prime expansion targets include Philadelphia, Washington D.C., and Boston, where similar demographic profiles to successful locations exist. The franchise's strong performance in dense urban markets suggests an ideal location profile targeting areas with high Asian-American populations, significant foot traffic, and proximity to shopping districts or educational institutions.
Total US locations
13
Franchise units
5
Corporate locations
8
Avg. sq. footage
N/A

Loading map...

Territory check

Is your territory available?

Let's find out.

try

We'll take you through a few quick questions, then Prince Tea House confirms availability directly.

Availability

Financial Analysis

The numbers behind Prince Tea House

Avg gross revenueN/A
Investment range$570,000 – $1,010,000
Investment midpoint$790,000
Brand fund3%
Royalty4%
Franchise fee$60,000
Min. net worth
Min. liquid capital
Prince Tea House requires a substantial investment of $570,000-$1,010,000, positioning it in the premium tier of coffee and tea franchises. This investment significantly exceeds the sub-sector averages of $296,954-$610,306, reflecting the brand's upscale positioning and comprehensive build-out requirements.

The tea and specialty beverage sector benefits from growing consumer interest in premium, artisanal experiences and health-conscious alternatives to traditional coffee shops. Prince Tea House targets the experiential dining segment, which commands higher price points but requires sophisticated operational execution.

With only 13 units since 2014, the franchise represents an emerging system with limited operational history. This small footprint suggests either selective growth or early-stage development, requiring investors to carefully evaluate franchisor support infrastructure and proven operational systems. Revenue data is not currently available for performance benchmarking.

The premium investment level necessitates investors with substantial liquid capital and restaurant industry experience. Territory selection becomes critical given the upscale positioning and target demographic requirements.

Ideal candidates should possess significant liquid capital and restaurant management background, particularly in full-service or specialty food concepts. Markets with affluent demographics and appreciation for experiential dining present optimal opportunities. Prospective franchisees must thoroughly review the FDD and conduct comprehensive due diligence given the system's limited track record and premium investment requirements.
Did you know? Starting your own Prince Tea House franchise, known for its premium bubble tea and authentic Asian beverages, requires a total investment between $570,000 and $1,010,000, which includes the $60,000 franchise fee plus all equipment, build-out costs, and working capital needed to bring this popular tea destination to your community.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$570K–$1M
Most common
$570,000
Minimum
$790,000
Midpoint
$1,010,000
Maximum

Per FDD Item 7, total initial investment ranges from $570,000 to $1,010,000. The midpoint $790,000 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

+18% YoY
15129630
2016
2017
2018
2019
2020
2021
2022
2023
13 units open as of 2023 FDD+2 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Prince Tea House's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Prince Tea House franchise typically ranges between $570,000.00 and $1,010,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Prince Tea House
Prince Tea House
N/A avg revenue · 5+ US franchises

Franchises for you

Other brands in the same vertical and investment band — recommendations based on what you've explored.

Spotlight

Franchisor Image
Franzy Verified

Lee's Famous Recipe Chicken

Food & Beverage

Gross Revenue$2,172,042
Min Investment$850,000
Founded1966
Franchise Units94+

Spotlight

Franchisor Image
Franzy Verified

Frios Gourmet Pops

Food & Beverage

Gross RevenueN/A
Min Investment$64,584
Founded2018
Franchise Units115+
Franchisor Image
Franzy Verified

Clusters Handcrafted Popcorn

Food & Beverage

Gross Revenue$274,576
Min Investment$170,800
Founded2017
Franchise Units5+
Franchisor Image
Franzy Verified

Tea Bar - Mobile Unit

Food & Beverage

Gross RevenueN/A
Min Investment$95,000
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

Tea Bar

Food & Beverage

Gross RevenueN/A
Min Investment$266,037
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

3Natives Acai Cafe

Food & Beverage

Gross Revenue$947,071
Min Investment$310,000
Founded2013
Franchise Units42+
Franchisor Image
Franzy Verified

Goodness Bowls

Food & Beverage

Gross RevenueN/A
Min Investment$325,119
Founded2019
Franchise Units5+
Franchisor Image
Franzy Verified

Breadless

Food & Beverage

Gross RevenueN/A
Min Investment$439,202
Founded2025
Franchise UnitsN/A