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Updated RecentlySeekers Coffee House & Cafe vs Presotea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Seekers Coffee House & Cafe vs Presotea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $189,000 - $369,000 | $235,000 - $365,000 |
| Franchise Fee | $20,000 - $25,000 | $14,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 2018 |
| Year Franchised | 2002 | 2019 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
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/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
0% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Seekers Coffee House & Cafe
NO LONGER FRANCHISING
About Presotea
!["Presotea]("https://fddexchange.com/wp-content/uploads/2020/06/Presotea.jpg")
We want to thank you for expressing an interest in becoming part of the
Presotea America family. As a leading Bubble Tea business across the
globe, we are now poised to take the US Market by storm.
The Presotea America family is searching for business minded entrepreneurs
and visionaries like you to take our perfected Bubble Tea to the US.
Currently, we are focusing on licensing our brand, technology and
process to single site franchisees, and experienced and established area
developers.
The franchise offered is a Master Franchise to develop, own, operate and
subfranchise “made to order” fresh brewed tea shops called Presotea.
The Master Franchise requires the opening of a minimum of 10 Presotea
Shops in the protected Territory, within 6 years of the signing of the
Master Franchise Agreement whether by developing directly or
subfranchising.
The total investment necessary to begin operation of the Presotea master
franchise ranges from $235,000 to $365,000, of which the initial down
payment of the Master Franchise Fee to be paid to us is $14,000, as well
as $20,000 for required initial training, $55,000 for required
equipment, $18,000 for required branding, and $50,000 for required
opening inventory of supplies and food, for the first owned or
subfranchised Presotea Shop, which must be paid to the franchisor or
their affiliate.