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Updated RecentlyNew World Coffee vs Distinctly Tea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of New World Coffee vs Distinctly Tea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $150,000 - $350,000 | $160,000 - $230,000 |
| Franchise Fee | $20,000 | $20,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2.5%-4% | - |
| Year Founded | 1987 | 2003 |
| Year Franchised | 1990 | 2009 |
| Term Of Agreement | 10 years +10 | - |
| Term Of Agreement | 10 years +10 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings | - |
| Marketing | - | - |
| Operations | Average Number of Employees: 3 Full-time, 5 Part-time Passive Ownership: Allowed | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | Yes |
| International Expansion | Yes | - |
Company Overviews
About New World Coffee
Full service bagel bakery - Manhattan Bagel. Upscale coffee bar/espresso - New World Coffee.
About Distinctly Tea
As tea is the second most popular beverage in the world behind water, Distinctly Tea has available over 350 varieties to satisfy the full range of tastes that have developed. Commencing business in 2003 in Stratford Ontario, Peter Barker has developed a successful retail format and a thriving tea blending business that serves this growing segment of the beverage industry. Locations may also retail tea beverages by the cup if appropriate.