| ||||
Updated RecentlySecond Cup vs Presse Cafe Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Second Cup vs Presse Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $300,000 - $500,000 | $200,000 - $400,000 |
| Franchise Fee | $25,000 | $35,000 |
| Royalty Fee | 7.5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1975 | 1996 |
| Year Franchised | 1975 | 1996 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | Personality - You like making people feel good. You’re patient, understanding, easy to talk to and outgoing. Experience - You have at least 5 years of business management, retail or hospitality experience and a sound understanding of financials. Leadership - You can hire, train, organize and inspire a barista team to give their best efforts every day. | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | Yes |
Company Overviews
About Second Cup
Second Cup Coffee Co.™ is Canada’s largest specialty coffee retailer. From our humble beginnings in 1975 as a kiosk in a shopping mall, selling only whole bean coffee, we have continued towards our goal of being the Canadian specialty coffee brand of choice. For us, that means putting coffee at the core of business, focusing on quality, innovation and creating an individual experience for our customers.
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
About Presse Cafe
Are you dynamic and ambitious? Have you been dreaming of managing your own business, enjoying an interesting income and the advantages of being an entrepreneur? Presse Cafe undoubtedly offers you the opportunity to do so. Here is a brief overview of what acquiring a Presse Cafe means in terms of investment, value and support: * Average cost of a Presse Cafe franchise: between $200,000 and $400,000 * Minimum investment required: 35% of the project's cost * Franchise fee: $35,000 * Detail of the Franchise Fee: * The right to use the Presse Cafe name and logo * Assistance with the site selection * Assistance with the lease negotiations * Preparation of a personalized business plan * Assistance with the financial procedures * Preparation of legal documents * Assistance with the elaboration of the accommodation plan * Equipment order * Training of the franchisee and his team on sales, management, and operational methods pertaining to the exploitation of the Presse Cafe branch. * Promotional plan and assistance with the opening of the branch. * Assistance and presence during the first weeks of operations. If you have other questions or if you wish to schedule an appointment with us to discuss business opportunities offered by Les Cafes V.P., please do not hesitate contacting Mr. Rene Rivard by email at [email protected] or by phone at 1 888 395 2354 extension 229. Do not forget to leave your name and address. He will be more than glad to assist you and to answer to all your questions.