|
Below is an in-depth analysis and side-by-side comparison of Coffee Time Donuts vs WOOPS! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $210,000 - $395,000 | $58,875 - $390,675 |
Franchise Fee | $25,000 | $15,000 - $25,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | - |
Year Founded | - | 2012 |
Year Franchised | - | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | While you do not need baking experience to franchise with Woops!, we recommend that you have a proven track record of managerial experience, an entrepreneurial spirit and the drive to follow our proven business model as you bring Woops! to your community. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | Yes/- |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 240 hours |
Support | - | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
As one of the largest franchise businesses of its kind in Canada today, Coffee Time has grown from one coffee shop in Bolton, Ontario in 1982 to as many as 300 locations in Canada, Greece, Poland, Beijing, and Qatar.Coffee Time is committed to growth, prosperity and continued excellence with great coffee, food products and service. When you join the Coffee Time Family as a franchisee, you become part of a Canadian success story that has been developing all over the world since 1982. Coffee Time's secret to investment success is the combination of great coffee and delicious products coupled with leadership, advertising support, site selection, store design, construction, training and follow-up support. All of this makes Coffee Time an outstanding franchise opportunity and we are actively looking to add enthusiastic members to our worldwide family.
WOOPS! was born in 2012 from a simple idea: Why not make money by
opening a pop-up shop at the bustling Holiday Shops at Bryant Park in
New York City - sharing delicious, specialty macarons with shoppers? The
response let the founders know they were onto something, and they
wasted no time in looking into how they could build a business on the
idea that macarons make wonderful and special gifts as well as a
day-brightening treat for oneself.