2024 KFT Prospectus

bubble tea WHAT IS

About Us 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.

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.

Bubble tea is also known as pearl milk tea or boba milk tea. It is a Taiwanese tea-based drink invented in Taichung, Taiwan during the 1980s. Most bubble tea recipes contain a tea base mixed with fruit or milk and the boba ‘bubbles’ to add a chewy contrast to the sweetness and texture of the drink. With such a wide variety of ingredients and flavors, customers can discover a new flavor every time they visit or simply enjoy their favorites again and again.

THE FINEST TEA, FROM TAIWAN

Kung Fu Tea starts with handpicked tea leaves from high in the mountains of Taiwan, delivering a taste and experience unique to this oriental island. AMERIICA’’S BUBBLE TEA

2

3

Made with FlippingBook - professional solution for displaying marketing and sales documents online