Biggby Coffee vs Xing Fu Tang Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Biggby Coffee vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Biggby Coffee Franchise
Xing Fu Tang Franchise
Investment $189,550 - $378,600$289,000 - $943,500
Franchise Fee $20,000N/A
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 19942019
Year Franchised 19992020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $3000-


Business Experience Requirements
 
Biggby Coffee Franchise
Xing Fu Tang Franchise
Experience --

Financing Options
 
Biggby Coffee Franchise
Xing Fu Tang Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Biggby Coffee Franchise
Xing Fu Tang Franchise
Training As a new franchisee, you will participate in one of the most comprehensive training programs in the industry. You will start by attending 3 weeks of comprehensive classroom training that covers coffee and tea, our menu, managing a successful cafe, human resources, and much more. Upon completion, you'll spend an additional 3 weeks in your market (whenever possible) working directly in a cafe. Prior to opening your doors, we will help train your staff and assist you in all aspects of opening your store. On-The-Job Training: 144 hours Classroom Training: 86 hours Additional Training: On-the-job training -
Support All throughout the franchise process, you will have the ongoing support and expertise of our staff. This comes in many forms of assistance: site selection, lease negotiation, business plan format and wording, build out and equipment recommendations, etc...Once open, you then have access to numerous support programs ranging from quarterly visits, mystery shops, customer surveys, our Franchise Resource Center and many other things, including ongoing contact with our staff and support team. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform -
Marketing BIGGBY COFFEE has an annual promotions calendar for in-store marketing of beverages, food items and merchandise - all designed to grab your customer's attention. BIGGBY also designs and develops advertising materials for direct mail, billboards and print media, as well as radio commercials. BIGGBY's Marketing Department is also available to answer questions, assist you through your Grand Opening and help design and develop custom programs to expand your customer base and increase your sales. Co-op Advertising Ad Templates Regional Advertising Social media Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 15

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Expansion Plans
 
Biggby Coffee Franchise
Xing Fu Tang Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Biggby Coffee

So, what do you want to B? Some people believe the answer to that question is not to be found in a single career choice. Their response to that question might be something like: I want to be a person with the courage to follow my dreams. I want to own my own business and be my own boss. I want to bring some happiness into the world. If you answer in a similar fashion, then landing on this page is no accident. For you, life is a work in progress; a regular exploration of new opportunities; a world filled with possibility. You believe in the power of hard work, persistence, and dreams. The personal and professional evolution of entrepreneurial people is so cool. They are the rare people on the planet who embrace this fundamental truth: You can B whatever you want to B If you'd like to B part of a growing and innovative industry, in a culture of energy and fun, look no further than BIGGBY Coffee, formerly known as Beaner's Coffee. You're in the right place.

Seeking new franchisees in Alabama, Florida, Georgia, Illinois, Indiana, Michigan, North Carolina, Ohio, South Carolina, Texas, Wisconsin and Asia    

About Xing Fu Tang

"Xing

The franchise that we offer is for a Xing Fu Tang business, a retail shop offering premium, Taiwanese-style boba or bubble tea beverages, featuring unique, stir fried, brown sugar tapioca pearls prepared according to a proprietary recipe, using high quality ingredients, and made fresh in front of the customer, and other menu items.

The initial investment necessary to begin operation of a Shop under a franchise agreement ranges from $289,000 to $673,500. This includes $135,000 to $160,000 that you must pay to the franchisor or its affiliates.
The initial investment necessary to begin operation of a Shop under a multi-unit development agreement depends on the number of Shops that you are authorized to develop and ranges from $404,000,000 to $943,500. This includes a development fees of $115,000 to 270,000 depending on the number of Shops that you are authorized to establish under the multi-unit development agreement.