PALGONG TEA vs Chester's
Franchise Comparison 2026
Both PALGONG TEA and Chester's are quick-service restaurants franchises. PALGONG TEA requires an investment of $148K – $186K while Chester's requires $28K – $307K. Neither PALGONG TEA nor Chester's 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 PALGONG TEA D (Below average) and Chester's B (Above average).
| Metric | PALGONG TEA | Chester's |
|---|---|---|
| Verdict Grade | DBelow average | BAbove average |
| Investment Range | $148K – $186K | $28K – $307K |
| Franchise Fee | $20K | $4K |
| Royalty Rate | 5.0% | No ongoing royalty fee disclosed; franchisor derives revenue instead from required purchases of proprietary products/equipment and supplier license fees. |
| Average Revenue (Item 19) | N/ANo Item 19 representation | N/ANo Item 19 representation |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 1 | 918 |
| Unit Growth (YoY) | +0 units | -76 units |
| Year Began Franchising | 2021 | 2008 |
| FDD Year | 2021 | 2026 |
Investment Range
$148K – $186K
$28K – $307K
Franchise Fee
$20K
$4K
Royalty Rate
5.0%
No ongoing royalty fee disclosed; franchisor derives revenue instead from required purchases of proprietary products/equipment and supplier license fees.
Average Revenue (Item 19)
N/ANo Item 19 representation
N/ANo Item 19 representation
SBA Charge-Off Rate
N/A
Limited data
Total Units
1
918
Unit Growth (YoY)
+0 units
-76 units
Year Began Franchising
2021
2008
FDD Year
2021
2026