|
Below is an in-depth analysis and side-by-side comparison of The Coffee Beanery vs Java Daves including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $112,500 - $496,100 | $500 |
Franchise Fee | $15,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | 2% | - |
Year Founded | 1976 | - |
Year Franchised | 1985 | - |
Term Of Agreement | 10-20 years | - |
Term Of Agreement | 10-20 years | - |
Renewal Fee | 25% of initial fee | - |
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/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, National media | - |
Operations |
International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 17
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
In March 2003, the Java Dave’s Franchise System began it’s conversion into a licensing opportunity. Our past growth has now led us to be able to offer a proven product and a popular brand to business owners or entrepreneurs without the expensive costs of franchising. Licensees DO NOT pay royalties, advertising fees, or franchise fees. The only cost up front is a $499.95 licensing fee, renewable every five years.
Java Dave’s licensed locations include major fast food locations, university hot spots, casinos, international airports, and even co-branded locations with food concepts. Java Dave’s Coffee is a great way to add branding and sales to coffeehouses that desire a fresh appeal. Java Dave’s fresh roasted coffees, blended and flavored teas, frozen Davios drink mixes coupled with logo pump pots, logo cups, logo menu boards, signage and posters promote a professional, fun, coffeehouse hotspot.