November 4, 2019
In an effort to inspire franchisees to open co-branded units of Pho Hoa Noodle Soup — a U.S.-based Vietnamese fast casual concept — and Jazen Tea — a 20-unit tea chain based in California — the companies said they were waiving franchise fees.
"With our recent rankings from Entrepreneur Magazine and six new locations opening in the next few months, we want to keep this momentum going," Kan Simon, franchise development consultant for Pho Hoa Noodle Soup and Jazen Tea, said in the release. "We're confident that promotions like this will encourage new franchisees to join our system and see how successful they can be. We have franchisees that have been with us for over 20 years and many others who have gone on to become multi-unit owners. We believe in the Pho Hoa and Jazen Tea brands and what they can bring for our franchisees."
The startup cost for a standalone Pho Hoa location ranges from $226,000 to $436.700 and $340,600 to $635,400 for co-branded locations.
Pho Hoa and Jazen Tea have locations in six countries internationally with six more locations slated to open within the next few months.