Yasubee Prospectus 2025

2025 PROSPECTUS

TABLE OF CONTENTS

Brand Overview Yasubee in Japan About Kung Fu Tea

2 3 4 6

Why Choose Kung Fu Tea

Our Awards

7

Marketing Initiatives

8 9

Explore the Kung Fu Tea App

Our Menu

10

The Five Secrets of Deliciousness Yasubee x Kung Fu Tea Dual Concept

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12 14 16 18

Non-Traditional Concept

Traditional Concept KFT Marketplace

FAQ

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1

BRAND OVERVIEW

DELICIOUSNESS IN THE U.S. For over 70 years Yasubee has been sharing the Secrets of Deliciousness by providing top notch Tsukemen and Ramen in over 80 locations in Japan. With handmade fresh noodles and a delicious savory broth, Yasubee has become a symbol for quality, deliciousness noodles with all who enjoy ramen. WHAT IS TSUKEMEN? Tsukemen (Japanese: つけ麺 , English: "dipping noodles") is a playful noodle dish where you dip chewy, al dente noodles into a rich, umami-packed dipping sauce for a burst of flavor with every bite. The interactive experience lets you savor the contrast between the warm, savory broth and the cool, firm noodles, making each mouthful a delightful adventure.

2

YASUBEE IN JAPAN

3

ABOUT KUNG FU TEA

Founded in Queens, New York, in 2010, Kung Fu Tea has grown to become America’s #1 Bubble Tea brand with over 400 locations. With the title of America’s Bubble Tea - our mission is to continue to spread our love of boba to all around the globe. Driven by the spirit of Kung Fu - we always seek to innovate and improve our brand through the relentless pursuit of constant improve. This philosophy has led us to become boba pioneers, leading the industry in our high-quality ingredients, innovative products, nimble supply chain, and excellent customer service our Kung Fu Masters deliver every day. We are so passionate about Bubble Tea we made it into a Holiday. Every April 30th, on our company’s birthday, the world now celebrates “National Bubble Tea Day”. As the originators of this holiday, we’ve humbled to see the day celebrated not just by the Kung Fu Tea faithful - but now celebrated by all Bubble Tea shops and chains across the world.

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AMERICA’S BUBBLE TEA

Bubble tea (also known as pearl milk tea, boba milk tea, or simply boba) is a Taiwanese drink that originated in Taichung in the 1980s. Typically made from a tea base mixed with milk or fruit, bubble tea is most recognized for its topping - sweet, chewy tapioca balls that give the drink an extra element not found in any other type of drink in the world. By the late 90s, Taiwanese immigrants introduced bubble tea to the United States, starting in Chinatowns and moving to more suburban environments soon afterward. As the US continues to see a strong influence and interest from Asian Entertainment (Anime, Gaming, K-Pop, and much more) - Bubble Tea has continued to land into more customers’ hands from a variety of age ranges and demographics.

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WHY CHOOSE KUNG FU TEA

FEARLESS BRAND Our company has led the industry for over a decade and has partnered with iconic brands across the Food, Entertainment, Gaming, and more to cement its position in all things Boba & Pop Culture. FRESH INGREDIENTS We carefully seek out and use top- quality ingredients for all of our products. Imported directly from Taiwan, every KFT handcrafted drink is full of the authentic taste. INNOVATIVE FLAVORS We’re constantly experimenting with fresh new flavors that resonate with the American palate. From traditional milk teas you’ll find in Taiwan to flavors that are more ‘American-foward’ — we’re constantly providing fresh flavors for our customers of all demographics to discover and love. EXTENSIVE TRAINING Every store-owner and employee undergoes rigorous training to gain the skills and knowledge to manage the business and provide top-notch customer service and drinks to our customers. FRANCHISEE SUPPORT We provide complete 360 support for our Operators, with centralized Performance, Operations, Marketing, Accounting, and R&D departments to provide support so you can focus on your business.

6

OUR AWARDS

FRANCHISE 500 2023, 2024, & 2025

NEWSWEEK 1000 EXCELLENCE INDEX 2024

FASTEST GROWING FRANCHISES 2023 & 2024 TOP FOOD FRANCHISES 2025

TOP 500 CHAINS 2018, 2019, 2020, 2022, & 2024

FASTEST GROWING FOOD & BEVERAGE COMPANIES

#3 MOST LOVED BRAND OF 2023

IN AMERICA 2018 – 2023

7

MARKETING INITIATIVES

Kung Fu Tea has partnered with iconics brands such as Nintendo, Universal Studios, Dreamworks Animation, Mattel, Spirit Halloween and more to bring limited time oerings and programs to life for our customers. Our partnerships oer a unique way to celebrate with our fans across both brands, and introduce entirely new groups of people into the world of boba. Our programs oer unique flavors, packaging, and more as we continue to bring these amazing partnerships to life.

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THE KUNG FU TEA APP

REWARDS More boba = more rewards. Earn App Bubbles on every purchase, and use them to redeem for a variety of prizes in our Rewards Store. EXCLUSIVE DEALS Be the first to know about upcoming programs and enjoy exclusive app promos monthly!

Our Kung Fu Tea App has had over 2 million downloads since its inception, and is one of the cornerstones to our Kung Fu Tea Family. Through it, we oer a robust loyalty program, exclusive promotions, and foster our tight knit community of boba-fanatics. ORDER AHEAD Need a quick boba fix? Skip the lines. Skip the wait. Order ahead for in-store pick-up or delivery.

9

BRAND OVERVIEW

OUR MENU

TSUKEMEN Chilled, bouncy noodles paired with our savory Shoyu or Miso broth and a soft-boiled egg for a deliciously satisfying dip.

RAMEN Flavor-packed Shoyu or Miso broth with pork for a comforting bowl of traditional flavors.

DONBURI Savory rice bowl topped with choice of Karaage, Chashu, or Katsu and assorted toppings.

SMALL PLATES We have a range of small dishes for our customers to complete their meal and enjoy the Taste of Tokyo.

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BRAND OVERVIEW

THE 5 SECRETS OF DELICIOUSNESS

FRESH INGREDIENTS

SIGNATURE NOODLES

SAVORY BROTH

HOMEMADE CHILI OIL

FLAVORFUL TOPPINGS

We source all our ingredients locally to ensure they meet our rigorous standard for freshness.

True to our Japanese heritage, we believe the noodle must have the perfect texture and flavor to craft a delicious meal.

Our Tsukemen dipping broth is packed with savory flavor to maximize the umami flavor.

Our handmade chili oil will give a little extra kick to your meal.

Mix and match your favorite toppings for new creations during every visit.

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DUAL CONCEPT

A BEAUTIFUL HARMONY Yasubee is proud to partner with Kung Fu Tea, America’s Bubble Tea, to introduce this storied brand to the wider-American market. United by a shared passion for authentic flavors and culinary excellence, we believe that the irresistible combination of savory ramen and sweet boba is the next big obsession in the U.S. Get ready to experience a match made in foodie heaven! In 2025, Yasubee US plans on opening 20+ locations across New York, New Jersey, Pennsylvania, and Illinois.

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COST BREAKDOWN

INITIAL CAPITAL INVESTMENT

$250,000 to $400,000

FRANCHISE FEE

$50,000

TRAINING FEE

$12,500

RECOMMENDED STORE SIZE

1,500 sq. ft. to 2,500 sq. ft.

ONGOING FEES

5% Gross Sales per month

ROYALTY FEE

Upon request based on promotion

MARKETING FEE

Upon request

EQUIPMENT COSTS

Upon request

INITIAL SUPPLIES COSTS

Varies depending on the size of space

RENOVATIONS COSTS

13

NONTRADITIONAL CONCEPT

14

COST BREAKDOWN

INITIAL CAPITAL INVESTMENT

$250,000 to $300,000

FRANCHISE FEE

$25,000

TRAINING FEE

$12,500

RECOMMENDED STORE SIZE

500 sq. ft. to 1,500 sq. ft.

ONGOING FEES

5% Gross Sales per month

ROYALTY FEE

Upon request based on promotion

MARKETING FEE

Upon request

EQUIPMENT COSTS

Upon request

INITIAL SUPPLIES COSTS

Varies depending on the size of space

RENOVATIONS COSTS

15

TRADITIONAL CONCEPT

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COST BREAKDOWN

INITIAL CAPITAL INVESTMENT

$250,000 to $400,000

FRANCHISE FEE

$37,500

TRAINING FEE

$12,500

RECOMMENDED STORE SIZE

1,000 sq. ft. to 2,000 sq. ft.

ONGOING FEES

5% Gross Sales per month

ROYALTY FEE

Upon request based on promotion

MARKETING FEE

Upon request

EQUIPMENT COSTS

Upon request

INITIAL SUPPLIES COSTS

Varies depending on the size of space

RENOVATIONS COSTS

17

KFT MARKETPLACE

SIP, SLURP, CRUNCH KFT Marketplace is your one-stop flavor destination — where bubble tea kicks, crispy cravings, and soul-warming ramen collide! We’ve combined the bold sips of Kung Fu Tea, the golden crunch of TKK Fried Chicken, and the rich slurps of Yasubee Ramen into one epic food hall experience. Whether you're here for a quick bite, a tea break, or a full-on feast, KFT Marketplace brings the best of all worlds — shaken, fried, and simmered to perfection.

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COST BREAKDOWN

INITIAL CAPITAL INVESTMENT

$400,000 to $600,000

FRANCHISE FEE

$60,000

TRAINING FEE

$15,000

RECOMMENDED STORE SIZE

2,000 sq. ft. to 3,000 sq. ft.

ONGOING FEES

5% Gross Sales per month

ROYALTY FEE

Upon request based on promotion

MARKETING FEE

Upon request

EQUIPMENT COSTS

Upon request

INITIAL SUPPLIES COSTS

Varies depending on the size of space

RENOVATIONS COSTS

19

FAQ

1. What is the cost of opening a Yasubee? The cost of opening a Yasubee (Traditional) is estimated to be $362,000 to $608,000. Meanwhile, a Yasubee (Non-Traditional) store is estimated to be $272,500 to $356,500. 2. How long does it take for an application to be approved? Once the application is received, it may take up to 3 to 5 business days for our Sales Department to review the application. Application accompanied by a location and business plan may be expedited (the location must be approved for tea beverages or cafe business by the landlord or property management company.) 3. If we do not have a location, will you get one for us? Although a location is not guaranteed, we may connect you with our R/E Development service. 4. How long will it take to open a store? After a store location is secured and a building permit is issued, the construction normally takes 3 to 6 months. 5. How long will it take to open a store? Yes. We encourage potential franchisees to own and operate multiple locations. In addition, we oer an Area Development Franchise Opportunity. 6. Do we have to buy all supplies from you? Supplies are purchased from approved vendors. This ensures that all Kung Fu Tea stores have the best quality while allowing maximum savings and ensuring consistency across all locations.

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FAQ

7. How much income will the store generate? How long is the ROI? In accordance with the franchise law, we are unable to provide this information or any kind of assumption on this matter. 8. After my location is up and running, what kind of support will I receive? Our Training Team is in place to provide you with ongoing support; to include regular visits from Regional Operations Corporate Managers, as well ongoing training opportunities form continued development. 9. I have a perfect location in mind and there are no Yasubee shops nearby. Yet, the state and/or market do not seem to be available for development. Why not? There are several reasons why an apparent “perfect site” remains undeveloped or is not available. It is not unusual for a given area to be reserved by an existing franchisee that is expanding to the area in the future. Some areas may appear suitable for expansion and/or development, but our strategies or business conditions may limit our desire to expand into the area. 10. Does Kung Fu Tea oer financing? We do not oer financial assistance; however, we are SBA loan approved.

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BECOME A FRANCHISEE IN 5 STEPS

1 2 3 4 5

Fill out the inquiry form.

Schedule an interview & receive Franchise Disclosure Document.

Sign franchise & lease agreements.

Store buildout & KFT Academy Training Program begins.

Grand Opening! But this is just the beginning of your Yasubee journey.

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welcome to the kft family!

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589 8th Ave 15 Fl New York, NY 10018 Email: sales@kfteausa.com Tel: 855.538.9888 © 2025 KUNG FU TEA. ALL RIGHTS RESERVED.

YASUBEE RAMEN

@YASUBEERAMEN

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