Argo Tea
Argo Tea former headquarters on Randolph St. in the Chicago Loop | |
| Company type | Subsidiary |
|---|---|
| Industry | Restaurants Retail Tea and Coffee Wholesale Tea |
| Founded | June 2003 at 958 West Armitage Ave. Chicago, IL 60614 |
| Founder | Arsen Avakian Daniel Lindwasser Simon Simonian |
Number of locations | 8 (2023), all located on college campuses |
| Products | Signature tea drinks Loose tea leaves Bottled beverages Coffee Teaware |
| Parent | Planting Hope |
| Website | www |
Argo Tea began as a chain of tea cafes that was founded in the Lincoln Park community area in Chicago, Illinois, in June 2003. It eventually expanded to a dozen locations in the Chicago metropolitan area before expanding to New York City in 2010, where it opened four locations, and then further expanded to St. Louis and Boston. As of October 2011 the chain had 26 teahouses and distribution in over 3,000 grocery stores. By spring 2013, it also opened a location in Beirut with plans to add locations in five Middle East cities by year end.
Argo Tea primarily sold hot and cold tea-based signature drinks. It also offered about three dozen international varieties of loose-leaf tea (tea brewed from loose tea leaves, as opposed to tea leaves in bagged tea), coffee, baked goods, small entrées, and teaware. The tea menu included a variety of black, green, white teas, and natural herbal teas, served hot or iced. Argo Tea formed a special relationship with Whole Foods Market to distribute Argo products. According to a description in Bloomberg Businessweek, Argo's specialty foods include pastries, sandwiches, salads, and quiches. Argo markets from a lifestyle perspective with awareness of modern design and sustainable environment. It also sells audio CDs.
In 2020, Argo Tea began selling bottled tea products in Walgreens and other stores, and gradually closed their cafes. Golden Fleece Beverages, Inc. purchased the Argo Tea brand, and has continued to operate the business as Argo Tea. Loose tea is sold online.