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Below is an in-depth analysis and side-by-side comparison of Barnie's Coffee & Tea Company vs Hudsons Coffee including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $202,000 - $350,000 | $300,000 - $350,000 |
Franchise Fee | $20,000 | $60,000 |
Royalty Fee | 7% | 8% |
Advertising Fee | - | 1.75% |
Year Founded | 1980 | 1998 |
Year Franchised | 1981 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | No specific background can describe the ideal Hudsons Coffee Franchisee. Some come to us having never made a coffee, having never managed people, having never owned a business� Provided that you have the ability to learn from us we can help you make the transition into the world of Hudsons Coffee. Some traits that are useful: * Dedication * Commitment * Ability to learn (and then teach!) * Business acumen * Speed and agility * Ability to lead and motivate others |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | * Thorough training in all aspects of the "on floor" Hudsons Coffee operation from register operation to Barista Brilliance. * All aspects of store management including opening and closing the store, shift and people management, weekly stock and labour control and monthly administration. * Information and Technology training covering "on floor" systems including ordering, loyalty and production systems. * Information and Technology training covering "back of house" systems including payroll, cash control, stock control and Accounts payable. * Introduction to recruitment and training. NB: Applicants should be aware that, in order to thoroughly train Franchisees, the program is conducted in Victoria for the 8 week period. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing | Ad slicks | - |
Operations |
International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING
Barnie's Coffee and Tea Company retail locations offer available to be purchased espresso, tea and related retail items including desserts. Barnie's Coffee and Tea Company additionally make Barnie's items accessible through mail request and online business furthermore permit real espresso merchants and may permit other such sellers the privilege to offer certain Barnie's marked items to non-retailers (for instance, workplaces and eateries). They likewise offer Barnie's image items to different retailers. Barnie's Coffee and Tea Company have one associate, Barnie's Coffee.com, Inc.
Establishment Offer: The single establishment offers the chance to claim and work a retail location under the name "Barnie's Coffee and Tea Company". The Franchisee will offer people in general gourmet espresso, tea, baked goods and related items and frill. The underlying establishment charge is payable in portions: the primary portion of $5,000 is expected and payable endless supply of the Franchise Agreement and the second portion of $15,000 is expected and payable quickly upon the execution of the rent or sublease for the Store.
Monetary Assistance: Barnie's Coffee and Tea Company does not give any money related help nor do they ensure any note, rent or commitment.
Preparing and Assistance: The franchisee and any full time chiefs must go to a required preparing program. This happens at Barnie's Coffee and Tea Company central station in Orlando, Florida. The franchisor will bear the cost of keeping up the preparation office in Orlando, Florida, including the overhead cost of preparing, staff pay rates, and preparing materials. The franchisee must pay all voyaging, living and other accidental costs brought about by the franchisee and their employee(s) with respect to participation at the preparation program.
Since 1998 Hudsons Coffee has opened Company operated stores. In 2003, after years of testing, trialing and developing systems to ensure a successful transition, we opened our first franchised store in South Australia. To ensure the consistency of our brand, we regard franchising as one of the most important aspects of our business. Hudsons Coffee can only be successful as a brand if our franchisees are successful. We understand the decision to operate your own business is a difficult one. Hudsons Coffee believes our franchise model provides the support to optimise your business and your financial future. In 2004 we began supporting local people, interested in owning their own business through our Franchise program. Hudsons Coffee currently has 51 stores nation-wide, half of which are franchised. With our knowledge, experience and responsible growth policy, we believe you can find the success you're looking for. If you would like any further information please contact our Franchise Department on 03 9631 0205.