About Ten Thousand Franchise Family Franchise
Ten Thousand is a specialty coffee shop franchise offering coffees, teas, refreshers, baked goods, and other menu items for dine in, carryout, catering, and delivery.
Backed by BK Franchise Holdings, LLC and franchising since 2024, the brand brings a polished coffee experience to communities looking for a quality alternative to the major national chains.
The initial franchise fee is $30,000.
Ten Thousand Franchise Family Franchise Cost & Fees
Minimum Investment
$565K
Average Investment
$913K
Maximum Investment
$1.3M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $30,000 | One-time payment upon signing |
| Royalty Fee | 3.0% of Gross Sales for first 12 months, then 4.0% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 2% of Gross Sales, currently 2% of Gross Sales (Brand Development Fund); 2% of Gross Sales (Franchisor Directed Local Marketing) | National brand fund |
| Total Investment Range | $565,363 – $1,261,195 | Includes build-out, inventory, working capital |
The investment range of $565K–$1.3M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (3.0% of Gross Sales for first 12 months, then 4.0% of Gross Sales) and marketing fee (Up to 2% of Gross Sales, currently 2% of Gross Sales (Brand Development Fund); 2% of Gross Sales (Franchisor Directed Local Marketing)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $30,000 | $30,000 |
| Construction and Leasehold Improvements | $300,000 | $750,000 |
| Lease Deposits and Rent – Three to 12 Months | $30,000 | $80,000 |
| Furniture, Fixtures and Equipment | $80,000 | $120,000 |
| Signage | $17,300 | $28,875 |
| Computer, Software, and Point of Sale System | $10,000 | $15,000 |
| Grand Opening Marketing | $5,000 | $5,000 |
| Initial Inventory | $12,000 | $15,000 |
| Utility Deposits | $1,500 | $48,000 |
| Insurance Deposits – Three Months | $3,363 | $4,820 |
| Travel for Initial Training | $1,200 | $7,000 |
| Professional Fees | $10,000 | $59,000 |
| Licenses and Permits | $5,000 | $18,500 |
| Additional Funds – Three Months | $60,000 | $80,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of our then current initial franchise fee, plus costs and expenses (25% if transferee is existing System franchisee in good standing) |
| Renewal Fee | 50% of our then current initial franchise fee, plus costs and expenses |
| Technology Fee | Up to $1,000 per month, but currently not charged |
| Audit Fee | Cost of audit (if underreporting of 2% or greater) |
| POS System | Currently $149 per month |
| Online Ordering, Customer Rewards, and Gift Cards | Currently $220 per month |
| Local and Regional Advertising Cooperatives | Not exceeding the local marketing requirement (if established) |
| Annual Conference Attendance Fee | Not greater than $1,500 per attendee |
| Additional Employee Initial Training | Currently $350 per person per day |
| Supplemental On-Site or Off-Site Training | Currently $350 per day per trainer, plus costs and expenses |
| Interest | 18% per annum from due date |
| Reporting Non-Compliance | $150 per occurrence |
| Operations Non-Compliance | $450 to $1,000 per occurrence |
| Payment Non-Compliance | $150 per occurrence |
| Quality Assurance Audit | Actual costs incurred by us or fees designated by us |
| Liquidated Damages | Varies under the circumstances |
| Collections | Actual fees, costs, and expenses |
| NSF Check Fee or Failed Electronic Fund Transfer | 5% of amount or $50, whichever is greater, or maximum fee allowed by law |
| Non-Compliance | Actual fees, costs, and expenses |
| Supplier Evaluation | Actual fees, costs, and expenses |
| Relocation | 25% of our then current initial franchise fee, plus costs and expenses |
| Management Service | 10% of Gross Sales, plus actual costs and expenses incurred by us |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | Approximately two-week period (80 hours) |
| Classroom Training | 12 |
| On-the-Job Training | 68 |
| Training Location | Corporate HQ in Carlstadt, New Jersey, and/or affiliate owned outlets in New York, New York. |
| Additional Training | Franchisee or Managing Owner and one designated manager receive initial pre-opening training at no additional cost. Additional individuals attending initial training will incur a fee of $350 per person per day. Supplemental on-site or off-site training may be required or requested, incurring a fee of $350 per trainer per day plus travel, lodging, and meal expenses. Annual System Conferences may be required, with a fee not exceeding $1,500 per attendee, plus travel and lodging expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Designated Territory (limited exclusivity) |
| Exclusive Territory | Yes |
| Territory Size | Varies based on urban/suburban/rural area, 0.10 mile to two miles radius, or physical boundaries for captive markets. |
| Description | Once a site is approved, an area around it is designated as the "Designated Territory." In urban areas, this is generally a 0.10-mile radius; in suburban/rural areas, a two-mile radius. Captive markets (e.g., malls, airports) may have territories limited to their physical boundaries. The franchisor reserves the right to operate or franchise other shops outside this territory and within captive markets, even within the franchisee's designated territory. The franchisee will not receive an exclusive territory and may face competition from other Ten Thousand shops or other channels of distribution controlled by the franchisor. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | One additional 10 year term |
| Renewal Fee | 50% of the then current initial franchise fee, plus costs and expenses |
| Renewal Conditions | Compliance with agreement terms, 180 days written notice, signing current form of Franchise Agreement and Ancillary Agreements, payment of renewal fee, remodeling/upgrading shop to current standards, securing legal right to occupy premises, and completion of additional training. |
| Transfer Fee | 50% of then current initial franchise fee plus costs and expenses (25% if transferee is an existing System franchisee in good standing) |
| Transfer Conditions | Franchisee must provide 30 days written notice, be in compliance with all agreements, pay all accrued monetary obligations, transferee must meet franchisor's qualifications, sign current agreements, complete training, and franchisee/owners/spouses must execute a general release. Franchisor has a right of first refusal. |
| Termination for Cause | Franchisor can terminate for various defaults, including: insolvency/bankruptcy, abandonment, intentional non-compliance causing harm, operating in violation of laws posing health/safety threat, loss of premises, intentional misrepresentation in reports, unauthorized transfer, felony conviction, unethical conduct, failure to complete training, misuse of marks, or failure to comply with Anti-Terrorism Laws (automatic termination without cure period). Curable defaults (e.g., failure to pay fees, failure to open shop, operational non-compliance) have a 10 or 30-day cure period. |
| Non-Compete Period | During the term of the franchise and for 24 months after termination/expiration/transfer. |
| Non-Compete Details | During the term, franchisee/owners/spouses cannot have an interest in (over 3% in publicly traded company), operate, manage, fund, or perform services for a Competitive Business; divert business/customers; or violate confidentiality. Post-term, these restrictions apply within the Designated Territory, a 25-mile radius around it, and a 10-mile radius around any other Ten Thousand Shop. The duration may be reduced if deemed overly broad by a court. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Managing Owner (who must own at least 25% equity) is personally responsible for the day-to-day management and overall supervision of the Shop and must complete initial training. While personal participation is recommended, an operating manager may be hired if they meet franchisor standards, complete training, and sign a confidentiality agreement. For multiple shops, each must have an on-site Operating Manager. All Owners and their spouses must personally guarantee obligations and comply with non-competition covenants. |
| Required Suppliers | Franchisee must purchase opening inventory of certain System Supplies (coffee beans, branded packaged goods) from franchisor or its affiliate. Ongoing inventory and supplies must be purchased from franchisor or approved vendors. Certain source-restricted goods and services must meet franchisor specifications and/or be purchased from approved/designated suppliers, which may include franchisor or its affiliates. Branded furniture, fixtures, and signage must be purchased from designated exclusive suppliers. Point of sale system and computer equipment must be purchased, licensed, and utilized as designated by franchisor. |
| Supply Restrictions | Franchisor or its affiliates may be designated as exclusive suppliers for the System. Franchisor formulates and modifies standards and specifications for products and services. Franchisor may revoke approval of suppliers if standards fall below designated levels. Franchisee may propose alternate suppliers, subject to franchisor approval, which may incur a Supplier Evaluation Fee. Franchisor estimates that purchases from designated/exclusive suppliers represent approximately 80% of total purchases/leases for establishing the business and 40% of ongoing operating expenses. |
| Franchisor Revenue from Suppliers | Franchisor and/or its affiliates may receive rebates, payments, and other material benefits from suppliers based on franchisee purchases. As of the Issuance Date, no revenue has been received from franchisee purchases of source restricted products or services. Franchisor reserves the right to institute and expand rebate programs in the future. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease, or other obligation. |
Ten Thousand Franchise Family Franchise Earnings — Item 19
Ten Thousand Franchise Family does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Ten Thousand Franchise Family does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Ten Thousand Franchise Family Litigation & Risk Flags
Clean Litigation RecordTen Thousand Franchise Family has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Ten Thousand Franchise Family System Growth
Total Units
3
Franchised
0
Company-Owned
3
Ten Thousand Franchise Family currently operates 0 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 3 |
| 2023 | 0 | 0 | 3 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Total Assets
$100K
Audited by Citrin Cooperman & Company, LLP for year ending December 31.
Ten Thousand Franchise Family Franchise — FAQ
The total investment to open a Ten Thousand Franchise Family franchise ranges from $565,363 to $1,261,195, per their Franchise Disclosure Document. This includes the initial franchise fee of $30,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Ten Thousand Franchise Family charges a royalty fee of 3.0% of Gross Sales for first 12 months, then 4.0% of Gross Sales of gross sales, plus a Up to 2% of Gross Sales, currently 2% of Gross Sales (Brand Development Fund); 2% of Gross Sales (Franchisor Directed Local Marketing) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Ten Thousand Franchise Family Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Ten Thousand Franchise Family to ensure you have the most up-to-date version.
Ten Thousand Franchise Family does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Ten Thousand Franchise Family has been franchising since 2024. The FDD shows an investment range of $565,363-$1,261,195, a 3.0% of Gross Sales for first 12 months, then 4.0% of Gross Sales royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $30,000 and the total investment ranges from $565,363 to $1,261,195 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Ten Thousand Franchise Family and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Ten Thousand Franchise Family or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com