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Below is an in-depth analysis and side-by-side comparison of Maui Wowi Hawaiian Coffees & Smoothies vs Tasti D-Lite including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $31,100 - $394,000 | $234,000 - $423,260 |
Franchise Fee | $25,000 - $65,000 | $30,000 |
Royalty Fee | 0 | 5% |
Advertising Fee | - | 2% |
Year Founded | 1983 | 1987 |
Year Franchised | 1997 | 1987 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | Full & continuous support | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3
Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Crisp organic product smoothies were a for all intents and purposes obscure item in 1983, when Jeff and Jill Summerhays started offering them low maintenance at occasions. Maui Wowi Hawaiian was worked to give their 'ohana (family) a solid other option to the sugar and fat loaded sustenances that appeared to be all over the place! Similarly as energetic, the Summerhayses needed to make a plan of action that was fun, adaptable, and portable so they could offer their everything characteristic, crisp organic product smoothies anyplace they had a craving for voyaging.
Australia's Gold Coast appeared like the ideal place to hang and put their idea under a magnifying glass so they stuffed it up, and made a beeline for the Land Down Under. It was not much sooner than the Aussies figured out how to hunger for these ono'licious mixes.
The primary Tasti D-Lite opened in New York in 1987, offering a dairy-based delicate serve solidified pastry with less calories and carbs than most solidified yogurts and frozen yogurts. Stores offer a pivoting choice of more than 100 self-serve flavors. In 2007, the organization was gained by a private value firm, Snow Phippps Group. The central station was moved to Franklin, Tennessee, and new CEO James Amos, Jr., (previous CEO of Mail Boxes Etc.) started diversifying across the country in 2008.
Gotten to be a piece of our developing festival of life and wellbeing. Convey a Tasti D-Lite focus to your companions and neighbors. Find out about our household establishment program This is your chance to transplant this New York wonder to your own particular group. Tasti D-Lite's vision is to build up an establishment organize all through the U.S., conveying this bravo treat to each city and town. We know America is prepared! In the event that you look to develop past a solitary area, Tasti D-Lite offers a different unit possession program, including a dynamically lessened charge structure and extra preparing in dealing with a multi-unit business.