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Below is an in-depth analysis and side-by-side comparison of DRNK coffee + tea and Qwench juice bar vs Beans & Brews including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $253,000 - $516,000 | $250,000 - And Up |
Franchise Fee | $40,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 3% | - |
Year Founded | 2013 | 1993 |
Year Franchised | 2013 | 1993 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | * Experience as a multi-unit food or retail operator with successful development experience in a metropolitan area * Appropriate capitalization * An ability to lead and successfully drive growth through company owned (?) and sub-franchised locations * Creative and innovative thinking and a desire to be all-in passionate about the DRNK coffee + tea® brand * A strong commitment to community * A desire to be really great at this! | - |
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 | On-The-Job Training: 112 hours Classroom Training: 8 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Absentee Ownership Allowed | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
DRNK coffee + tea and Qwench juice bar was first opened in Los Angeles in October 2013. Since then, our units have created a popular spot for the millennials of Southern California. DRNK coffee + tea and Qwench juice bar has launched a franchise program to generate a chain of stores with motivated owner-operaters. The current Company-owned locations (and future openings) will act as the prototypes and training centers for new franchisees and will maintain a similar look and feel as the Company expands into new markets.
DRNK coffee + tea and Qwench juice bar will be franchising the Company’s operations in order to bring the expertly engineered coffee and tea menu to all parts of the United States. Through franchise development, DRNK coffee + tea and Qwench juice bar will give you the ability to operate locations in new markets and areas without the cost and management responsibilities that would come with widely distributed Company-owned outlets.
The DRNK coffee + tea and Qwench juice bar system is well positioned and poised for growth with a proven track record and a highly experienced operations and management team. The business model is a traditional quick service beverage concept where customers can order from the diverse menu of hot and cold coffees and teas, many USDA-certified as organic and Fair Trade, imaginative DRNK beverages and the most popular beverages, and the most requested breakfast items and Panini sandwiches, wraps, and salads, all freshly made in the store.
The DRNK coffee + tea and Qwench juice bar business model is simple and structured efficiently to provide profitability and ease of operating management, which allows for efficiency of replication and implementation of a training program with new franchise partners that is both easy to follow, learn, and implement.
Seeking new franchise units throughout the U.S.,
Asia, Australia/New Zealand, Canada, Central America, Eastern
Europe, Middle East, Mexico, Philippines, South America and Western Europe
WANT TO OPEN YOUR OWN BEANS & BREWS COFFEEHOUSE? Franchise opportunities are now available that can enable you to do just that. Be a part of our rapid and exciting expansion in an existing area or be the first one to bring Beans & Brews to a new market.
Whichever you choose, you will become a part of a team that has successfully proven itself since 1993. JOLT THE COMPETITION with High Altitude Roasting, a Distinctive Brand, Overall Guest Experience and Cutting Edge Business Systems.
CUTTING EDGE BUSINESS SYSTEMS Stay in touch with your business from the back office, to your home office, or half way around the world. With our cutting edge business systems you will have thorough monitoring and control capabilities literally at your fingertips at anytime from anywhere. These systems will make life as a business owner easier and your operation more successful.
A DISTINCTIVE BRAND We may be one among hundreds in our Industry, but our branding sets us apart. Our brand is simple, yet bold and unique, and then of course there’s the quality. Everybody has the best quality, right? Who would say anything different? But while our competitors speak about Quality; we believe Quality speaks for itself!
HIGH ALTITUDE ROASTING Our coffee is roasted at 4,000 feet above sea level. The result is a smooth intensity that is unmatched from coffees roasted at lower altitudes. We have gained a significant advantage over our competitors through the process of High Altitude Roasting. There are few roasters of coffee that employ such a process and fewer still who understand the advantage of doing so.
GUEST SERVICE We can teach you what we have learned since 1993 about how to create a House environment that welcomes your guests, and keeps them coming back over and over again.
CAPITAL REQUIREMENT The minimum amount of investment capital needed to meet our financial requirements is $250,000. The actual amount that is necessary to open a Beans & Brews may be less than this amount or more, and will vary on several factors. We understand that you may not yet have raised the necessary capital to start your business. However, you (or you and your partner/s) must currently have a total net worth that is in excess of $250,00 in order to qualify for a Beans & Brews Franchise. (Net Worth = Assets - Debts/Liabilities)