Beans & Brews vs Tastea Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Beans & Brews vs Tastea including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Beans & Brews Franchise
Tastea Franchise
Investment $250,000 - And Up$368,300 - $804,500
Franchise Fee N/A$40,000
Royalty Fee --
Advertising Fee --
Year Founded 19932013
Year Franchised 19932014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Beans & Brews Franchise
Tastea Franchise
Experience --

Financing Options
 
Beans & Brews Franchise
Tastea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Beans & Brews Franchise
Tastea Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Beans & Brews Franchise
Tastea Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Beans & Brews

WANT TO OPEN YOUR OWN BEANS & BREWS COFFEEHOUSE? Franchise opportunities are now available that can enable you to do just that. Be a part of our rapid and exciting expansion in an existing area or be the first one to bring Beans & Brews to a new market.

Whichever you choose, you will become a part of a team that has successfully proven itself since 1993. JOLT THE COMPETITION with High Altitude Roasting, a Distinctive Brand, Overall Guest Experience and Cutting Edge Business Systems.

CUTTING EDGE BUSINESS SYSTEMS Stay in touch with your business from the back office, to your home office, or half way around the world. With our cutting edge business systems you will have thorough monitoring and control capabilities literally at your fingertips at anytime from anywhere. These systems will make life as a business owner easier and your operation more successful.

A DISTINCTIVE BRAND We may be one among hundreds in our Industry, but our branding sets us apart. Our brand is simple, yet bold and unique, and then of course there’s the quality. Everybody has the best quality, right? Who would say anything different? But while our competitors speak about Quality; we believe Quality speaks for itself!

HIGH ALTITUDE ROASTING Our coffee is roasted at 4,000 feet above sea level. The result is a smooth intensity that is unmatched from coffees roasted at lower altitudes. We have gained a significant advantage over our competitors through the process of High Altitude Roasting. There are few roasters of coffee that employ such a process and fewer still who understand the advantage of doing so.

GUEST SERVICE We can teach you what we have learned since 1993 about how to create a House environment that welcomes your guests, and keeps them coming back over and over again.

CAPITAL REQUIREMENT The minimum amount of investment capital needed to meet our financial requirements is $250,000. The actual amount that is necessary to open a Beans & Brews may be less than this amount or more, and will vary on several factors. We understand that you may not yet have raised the necessary capital to start your business. However, you (or you and your partner/s) must currently have a total net worth that is in excess of $250,00 in order to qualify for a Beans & Brews Franchise. (Net Worth = Assets - Debts/Liabilities)

About Tastea

"Tastea
The Tastea dream is a reality. We continue to push the envelope with new drinks and flavors -- constantly creating and searching for new ways to make people smile. But at the same time, we still serve the classics that so many of our customers love, from Thai Iced Tea to Green Milk to Taro Milk Tea and more. The center of the Tastea experience is our unique tea bar, where customers can hang out with friends and make some new ones, all while enjoying the most refreshing treat around.

Under the Single Tastea Tea Bar Program, you will sign a Franchise Agreement to operate a single Tastea Tea Bar. The franchisor estimates your total initial investment to begin operations of a single Tastea Tea Bar will range from approximately $368,300 to $654,500. Included in the estimate is $74,500 to $80,500 that must be paid to the franchisor or their affiliate which is comprised of the Initial Franchise Fee of $40,000 and $34,500 to $40,500 in fees and expenditures.
Under the Area Development Program, the franchisor assigns a defined area within which you must develop and operate a minimum of three Tastea Tea Bars within a specified period of time. If you sign an Area Development Agreement, the franchisor estimates your total initial investment will range from $428,300 to $804,500. Included in the estimate is $134,500 to $230,500 that you must pay to the franchisor or their affiliate which is comprised of the Development Fee of $100,000 (for 3 units) to $190,000 (for 6 units) and $34,500 to $40,500 in fees and expenditures for your first Tastea Tea Bar unit.