|
Below is an in-depth analysis and side-by-side comparison of The Coffee Beanery vs Zumo including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $112,500 - $496,100 | N/A |
Franchise Fee | $15,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | 2% | - |
Year Founded | 1976 | 2000 |
Year Franchised | 1985 | 2000 |
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 a world of quick picks, speed dating and fast food, it seems that everyone wants to have it all, without waiting around. Problem is, sometimes getting things fast can compromise your well-being. Isn't it about time we had a healthy alternative to all the junk? In 2001, we created our now famous Zumo Bars so to offer people something healthy and tasty without the guilt of between meal snacking or fatty foods. Now, we've loads of juice and smoothie bars all over the world so everyone can enjoy what we do. Hurray for all of us, especially you.