The Coffee Beanery vs Presotea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Coffee Beanery vs Presotea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$112,500 - $496,100 | $235,000 - $365,000 |
Franchise Fee |
$15,000 | $14,000 |
Royalty Fee |
4% | - |
Advertising Fee |
2% | - |
Year Founded |
1976 | 2018 |
Year Franchised |
1985 | 2019 |
Term Of Agreement |
10-20 years | - |
Term Of Agreement |
10-20 years | - |
Renewal Fee |
25% of initial fee | - |
Business Experience Requirements |
Experience |
General business experience Retail 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 | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | Yes |
Company Overviews
About The Coffee Beanery
With help from her husband, Julius, JoAnne Shaw decided to take a chance. In 1976 she opened The Coffee Beanery, a specialty coffee shop, in Dearborn, Michigan. The company began franchising in 1985. The Coffee Beanery offers streetfront café franchises, as well as locations in malls, airports, office buildings, hospitals and college campuses across the United States. In 1998 the company opened its first international location in Guam and now offers master franchises in China, Korea and the Middle East.
The total investment necessary to begin operation of a Traditional Store
without Food Store Model ranges from $260,000 to $476,100, which
includes $25,000 to $31,500 that must be paid to the franchisor or its
affiliates.
The total investment necessary to begin operation of a
Traditional Store with Food Store Model ranges from $260,000 to
$496,100, which includes $25,000 to $31,500 that must be paid to the
franchisor or its affiliates.
The total investment necessary to begin
operation of a Kiosk Store Model ranges from $185,000 to $369,100, which
includes $25,000 to $31,500 that must be paid to the franchisor or its
affiliates.
The total investment necessary to begin operation of a
Co-Branded Store Model ranges from $140,000 to $339,100, which includes
$25,000 to $31,500 that must be paid to the franchisor or its
affiliates.
The total investment necessary to begin operation of a
Conversion Store Model ranges from $112,500 to $351,600, which includes
$17,500 and $24,000 that must be paid to the franchisor or its
affiliates.
About Presotea
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.