Chester's vs PALGONG TEA
Franchise Comparison 2026
Both Chester's and PALGONG TEA are quick-service restaurants franchises. Chester's requires an investment of $28K – $307K while PALGONG TEA requires $148K – $186K. Neither Chester's nor PALGONG TEA makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. FranchiseVerdict rates Chester's B (Above average) and PALGONG TEA D (Below average).
| Metric | Chester's | PALGONG TEA |
|---|---|---|
| Verdict Grade | BAbove average | DBelow average |
| Investment Range | $28K – $307K | $148K – $186K |
| Franchise Fee | $4K | $20K |
| Royalty Rate | No ongoing royalty fee disclosed; franchisor derives revenue instead from required purchases of proprietary products/equipment and supplier license fees. | 5.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/ANo Item 19 representation |
| SBA Charge-Off Rate | Limited data | N/A |
| Total Units | 918 | 1 |
| Unit Growth (YoY) | -76 units | +0 units |
| Year Began Franchising | 2008 | 2021 |
| FDD Year | 2026 | 2021 |
Investment Range
$28K – $307K
$148K – $186K
Franchise Fee
$4K
$20K
Royalty Rate
No ongoing royalty fee disclosed; franchisor derives revenue instead from required purchases of proprietary products/equipment and supplier license fees.
5.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
N/ANo Item 19 representation
SBA Charge-Off Rate
Limited data
N/A
Total Units
918
1
Unit Growth (YoY)
-76 units
+0 units
Year Began Franchising
2008
2021
FDD Year
2026
2021