| ||||
Updated RecentlySeekers Coffee House & Cafe vs Xing Fu Tang Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Seekers Coffee House & Cafe vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $189,000 - $369,000 | $289,000 - $943,500 |
| Franchise Fee | $20,000 - $25,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 2019 |
| Year Franchised | 2002 | 2020 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
Company Overviews
About Seekers Coffee House & Cafe
NO LONGER FRANCHISING
About Xing Fu Tang
!["Xing]("https://fddexchange.com/wp-content/uploads/2020/11/Xing-Fu-Tang.png")
The franchise that we offer is for a Xing Fu Tang business, a retail
shop offering premium, Taiwanese-style boba or bubble tea beverages,
featuring unique, stir fried, brown sugar tapioca pearls prepared
according to a proprietary recipe, using high quality ingredients, and
made fresh in front of the customer, and other menu items.
The initial investment necessary to begin operation of a Shop under a
franchise agreement ranges from $289,000 to $673,500. This includes
$135,000 to $160,000 that you must pay to the franchisor or its
affiliates.
The initial investment necessary to begin operation of a
Shop under a multi-unit development agreement depends on the number of
Shops that you are authorized to develop and ranges from $404,000,000 to
$943,500. This includes a development fees of $115,000 to 270,000
depending on the number of Shops that you are authorized to establish
under the multi-unit development agreement.