|
Below is an in-depth analysis and side-by-side comparison of Coffee Time Donuts vs Duck Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $210,000 - $395,000 | $348,350 - $568,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | - | 2006 |
Year Franchised | - | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | We require a minimum of $150,000 in liquid funds (cash, savings, mutual funds, stocks, etc.) and a minimum of $500,000 in total net worth to financially support opening a new Duck Donuts franchise. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | On-The-Job Training: 24 hours Classroom Training: 16 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
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.