TP TEA ShopFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A TP TEA Shop franchise requires a total initial investment of $394K – $697K, including a $49K franchise fee and an ongoing 5.3% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $394K – $697K
- 72nd pct Service Resta…
- Avg gross sales
- N/A
- 59th pct Service Resta…
- Royalty
- 5.3%
- 40th pct Service Resta…
- Units
- 10
- 35th pct Service Resta…
- SBA default
- N/A
Quick verdict · Quick-Service Restaurants · color = vs category peers
Green = >15% above Quick-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $394K – $697K including a $49K franchise fee, 5.3% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 62/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- TPLIN, Inc.
- Parent company
- Win Win Tea LLC
- CEO title
- Chief Executive Officer and Director
- Juo-Lin Chen
- CEO experience
- 13 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- CA
- HQ
- 1510 Tersita Dr, San Jose, California 95129
- Auditor
- DLEE Accountancy, Inc.
- Audited financials
- Franchisor revenue
- $2.5M
- vs $3.7M prior year
Overview
About
TP TEA Shop franchisees operate specialty tea retail locations, likely focused on bubble tea, premium loose-leaf teas, or Asian tea beverages. Day-to-day operations include inventory management, beverage preparation and service, customer interaction, staff scheduling, and local marketing within a protected territory.
- CEO
- Juo-Lin Chen
- Headquarters
- CA
- Founded
- 2017
- FDD year
- 2025
- States available
- 1
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $49K | $49K |
| Working capital (3–6 mo) | $60K | $120K |
| Equipment, build-out, other | $285K | $528K |
| Total initial investment | $394K | $697K |
Source: TP TEA Shop 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $394K – $697K
- Below avg, review vs category
- Liquid capital req'd
- $60K – $120K
- Below avg, review vs category
- Franchise fee
- $49K – $49K
- Below avg, review vs category
- Royalty
- 5.3%
- Gross Sales · typical 6–8%
- Ad fund
- 0.5%
- typical 3–5%
- Total fee load
- 5.8%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.3% of gross sales |
| Marketing / ad fund | 0.5% of gross sales |
| Training fee | $500 |
| Transfer fee | $15K |
| Renewal fee | $8K |
| Inventory (initial) | $70K – $70K |
| Total fee load | 5.8% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Quick-Service Restaurants averages
How TP TEA Shop Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 10
- Opened
- 3
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 3
- Corporate units in the system
- % franchised
- 70%
- vs corporate-owned
- Net growth (yr3)
- +75.0%
- Net unit change last year
- 3-yr CAGR
- +133.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 3
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 8 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Indiana
- Michigan
- Wisconsin
States where the franchisor is registered to sell new franchises (FDD registration filings).
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
TP TEA Shop presents elevated risk due to absence of financial performance data (Item 19), questionable parent company stability, minimal system size, and rapid expansion without proven unit economics or franchisee profitability history.
Litigation (Item 3)
No litigation required to be disclosed
Largest disclosed settlement: $2,500
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · DLEE Accountancy, Inc.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 62 / 100 rating
- 01MINORNo Item 19 disclosure: Average revenue and net income not provided, making ROI projections impossible to validate
- 02HIGHGoing Concern status is FALSE: Parent company may have financial stability issues or operational concerns
- 03MEDSmall system size with only 10 units: Limited scale, data sample, and support infrastructure; high unit growth (75% YoY) suggests very recent expansion with unproven model
- 04MEDHigh initial investment relative to undisclosed earnings: $393K-$697K investment with no earnings data creates blind ROI analysis
- 05MEDLimited franchise history: Only 10 units suggests nascent franchise system with minimal track record for franchisees to evaluate
- 06MINOR5.3% royalty rate is competitive, but high upfront costs ($49K fee) strain early profitability
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 2 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | California |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 0 hrs
- On-the-job training
- 162 hrs
- Training location
- Taiwan (Republic of China)
- Ongoing training
- Required
- POS system
- Snackpass Register
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Snackpass Register
Item 20 · call current owners
Franchisee Contacts
16 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
TP TEA Shop · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a TP TEA Shop franchise?
The total investment to open a TP TEA Shop franchise ranges from $394K – $697K, with an initial franchise fee of $49K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do TP TEA Shop franchise owners earn?
TP TEA Shop does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is TP TEA Shop's franchise failure rate?
SBA 7(a) loan charge-off data is not available for TP TEA Shop (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many TP TEA Shop franchise locations are there?
As of their most recent FDD filing, TP TEA Shop has 10 total units in the United States, including 3 franchised units and 3 company-owned units. 3 new units were opened in the latest reporting year.
Is TP TEA Shop a good franchise to buy?
FranchiseVerdict rates TP TEA Shop as a B-grade franchise with a risk score of 62 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.