About WANPO (NY-Unit Offering) Franchise
WANPO is a retail food establishment franchise specializing in tea-based beverages and juice drinks.
Franchisees operate tea shops that sell a focused menu featuring proprietary teas, milk teas and juices, tapioca balls, and freshly prepared drinks using WANPO's proprietary recipes and preparation techniques.
Products are available for carry-out or on-premises consumption, targeting all individuals within reasonable proximity to the outlet, with an initial focus on areas where the population of ethnic Taiwanese and other Asians is most significant.
WANPO (NY-Unit Offering) Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 to $40,000 | One-time payment upon signing |
| Royalty Fee | 3% of Gross Monthly Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $4,000 to $8,000 per year | National brand fund |
| Total Investment Range | $109,600 – $196,300 | Includes build-out, inventory, working capital |
The investment range of $110K–$196K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (3% of Gross Monthly Sales) and marketing fee ($4,000 to $8,000 per year) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,000 | $40,000 |
| Security Deposit | $10,000 | $10,000 |
| Inventory, Equipment, and Raw Material Fees | $30,000 | $50,000 |
| Design Fee | $1,800 | $2,500 |
| Brand Maintenance Fees | $1,800 | $1,800 |
| Interior Construction and Remodeling Fees | $15,000 | $30,000 |
| Business Insurance | $2,000 | $4,000 |
| Advertisement | $4,000 | $8,000 |
| Additional Funds - 3 Months | $20,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Renewal Fee | $10,000 |
| Audit Fee | Cost of audit |
| Continues Inventory, Equipment, and Raw Materials | $30,000 to $50,000 per outlet per year |
| Printed Advertising and Marketing Materials | $1,000 per request |
| Post Opening Consultation Fees | $300 per person per day plus travel expenses |
| Business Insurance | $2,000 to $4,000 per year |
| Interior Construction and Remodeling Fees | $15,000 to $30,000 |
| First Stage Training | $1,000 if you fail the evaluation |
| Late Payment | Interest at 5% per month or highest rate allowed by law |
| Liquidated Damages for Buying from Unauthorized Supplier | $10,000 per violation |
| Liquidated Damages for All Other Violation | $10,000 per violation |
| Cost and Attorney Fees | Will vary under circumstances |
| Indemnification | Will vary under circumstances |
| Reimbursement Fees to De-identification | Actual Cost of Removal |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 26 to 52 hours classroom, 38 to 60 hours on-the-job |
| Classroom Training | 26 to 52 hours |
| On-the-Job Training | 38 to 60 hours |
| Training Location | Taichung, Taiwan or another training center designated by franchisor; on-the-job training at franchisor's outlet in Taiwan |
| Additional Training | Franchisor may require attendance at additional training courses, seminars, conferences, or mandatory meetings after opening. May conduct annual conference, convention, or training session. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Radius varying from 1/4 mile in densely populated areas to 1 mile in rural areas |
| Description | Franchisees receive an exclusive territory within a defined area surrounding the outlet based on population density. The territory is usually defined as a geographical area depicted in a map attached to the Franchise Agreement. Territorial exclusivity is not dependent on achieving specific sales volumes, market penetration, or performance-based contingencies. However, the franchisor reserves the right to sell WANPO products through other distribution channels (including the Internet) within the territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 3 years |
| Renewal Term | 3 years |
| Renewal Fee | $20,000 |
| Renewal Conditions | Written notice not less than 90 days before end of existing term; sign Renewal Agreement or addendum; remodel Outlet if necessary; pay renewal fee of $20,000; sign release; must not be in default of conditions in section 5.2(c) of Franchise Agreement |
| Transfer Fee | $10,000 |
| Transfer Conditions | Franchisor approval required for all transfers including more than 50% of equity or controlling interest; new franchisee must qualify, transfer fee paid, purchase agreement approved, training arranged, release signed, current agreement signed by new franchisee; franchisor has right of first refusal |
| Termination for Cause | Franchisor may terminate for material default including purchasing from unapproved suppliers, bankruptcy, abandonment, material misrepresentations, felony conviction, repeated noncompliance, imminent danger to public health or safety. Franchisee has 10 days to cure curable defaults. |
| Non-Compete Period | 3 years |
| Non-Compete Details | No competing business (selling tea-based drinks and beverages) within 25 miles of franchisee's outlet or any other WANPO outlet for 3 years after termination or expiration. Also applies if franchise is assigned. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchisor seeks franchisees whose principal owner plans to actively participate in the direct licensing, management, and operation of the franchise business. A designated Manager (who must be a Principal Equity Owner of at least 50%) who has completed initial training must devote full time during normal business hours to the management, operation, and development of the Franchised Business. |
| Required Suppliers | Franchisees must purchase all proprietary tea and other ingredients from the franchisor or designated suppliers. Items bearing WANPO trademarks must be purchased from the franchisor, affiliated companies, or other reputable suppliers. A POS system is required but may be purchased from any supplier. |
| Supply Restrictions | Franchisees may not purchase raw materials from unauthorized suppliers. If a designated supplier makes payments to the franchisor based on purchases, the percentage will range from 2.5% to 4% of total purchase amount. |
| Franchisor Revenue from Suppliers | Parent company Aim Good Taiwan reported total revenue of $5,535,991 in fiscal year 2024, of which $4,613,326 (83.3%) was attributable to mandatory purchases and leases by franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | The franchisor does not offer direct or indirect financing and does not guarantee any note, lease, or other obligation. |
WANPO (NY-Unit Offering) Franchise Earnings — Item 19
WANPO (NY-Unit Offering) 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.
WANPO (NY-Unit Offering) Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
WANPO (NY-Unit Offering) System Growth
WANPO (NY-Unit Offering) currently operates 11 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 1 | 0 | 2 |
| 2023 | 3 | 0 | 5 |
| 2024 | 6 | 0 | 11 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 5 states: CA, GU, NY, TX, WA
Franchisor Financials (Item 21)
Audited by Chen & Fan Accountancy Corporation for year ending December 31.
WANPO (NY-Unit Offering) Franchise — FAQ
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