|
Below is an in-depth analysis and side-by-side comparison of Java Joe's vs Factory Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $200,000 - $350,000 | $213,300 - $341,300 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2.5% |
Year Founded | 1991 | 2017 |
Year Franchised | 1993 | 2017 |
Term Of Agreement | - | 10 years +10 |
Term Of Agreement | - | 10 years +10 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
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 | - | Most Factory Donuts will employ 10-20 employees |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Java Joe's was developed by Costa Kiriakopoulos, a true pioneer in the franchise industry, with over
40 years experience in the field. He has successfully opened over 60 franchise locations in the food industry.
Costa, together with his son Alex, are continuing to put forth their experience and expertise in hopes of making Java Joe's a household name.
Factory Donuts is more than just a business of making great tasting donuts and coffee. It’s a culture. At Factory Donuts you will be part of a family; whether it’s as an employee or as a franchise partner. The founders' background and their beliefs for a well operated, highly efficient, and value oriented business strategy make Factory Donuts a stand out business model that others strive to be.
The business model at Factory Donuts is about simplicity and efficiency. Donuts are a billion dollar industry and growing. The idea of a fresh, made to order donut along with premium coffee drinks is a segment that Factory Donuts will fill.