Palgong Tea

Franchise Information

Analyzed filing: CA · File #23108
Filed: Mar 1, 2022
FDD Issued: Sep 27, 2021
Extracted: Aug 23, 2026
Verified family conflict fee low critical:sibling file=67452|sibling=$10,000.00|canonical=$20,000.00
Franchisor Details
Name: PalgongTea Franchising LLC
Parent: PalgongTea USA, Inc.
Address: 1625 North Milwaukee Avenue, Glenview, Illinois 60025
Phone: (773) 600-6950
Franchising Since: 2021
Industry & Qualifications
Industry
Food & Beverage
Franchise Fee
$20,000
Royalty
5.0%
Ad Fund: 3.0%
Total Investment
$148K - $186K
Initial Term
5 years
Renewable
Item 19 (Financial Performance)
Not Disclosed
Franchisor states it does not make any representations about financial performan...
Legal History
Litigation: None
Bankruptcy: None
Number File name Source State Filing Date Actions
23108 CA_23108.pdf
Canonical 2021 analysis · verified · newest filing
CA Mar 1, 2022 Restricted
22337 CA_22337.pdf
Alternate source copy
CA Oct 20, 2021 Restricted
33964 454428_Franchise__Palgong_Tea_EFDID__454428_Virginia_33964.pdf
Alternate source copy
VA Sep 27, 2021
FDD issue date
Restricted
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