Barnie's Coffee & Tea Company vs Xing Fu Tang Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Barnie's Coffee & Tea Company vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Barnie's Coffee & Tea Company Franchise
Xing Fu Tang Franchise
Investment $202,000 - $350,000$289,000 - $943,500
Franchise Fee $20,000N/A
Royalty Fee 7%-
Advertising Fee --
Year Founded 19802019
Year Franchised 19812020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Barnie's Coffee & Tea Company Franchise
Xing Fu Tang Franchise
Experience --

Financing Options
 
Barnie's Coffee & Tea Company Franchise
Xing Fu Tang Franchise
  In-House/3rd PartyIn-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
 
Barnie's Coffee & Tea Company Franchise
Xing Fu Tang Franchise
Training --
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
 
Barnie's Coffee & Tea Company Franchise
Xing Fu Tang Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Barnie's Coffee & Tea Company

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.

About Xing Fu Tang

"Xing

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.