New York Bagel Cafe and Deli vs Tastea Franchise Comparison

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

Start-Up Costs and Fees

 
New York Bagel Cafe and Deli Franchise
Tastea Franchise
Investment $142,000 - $224,000$368,300 - $804,500
Franchise Fee $29,500$40,000
Royalty Fee $750 - $950/ Mo.-
Advertising Fee $250 - $500/ Mo.-
Year Founded -2013
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
New York Bagel Cafe and Deli Franchise
Tastea Franchise
Experience Prior experience is not required. N.Y. Bagel Cafe� & Deli will provide you with both pre-opening and operations training to run your store and to train others to assist you. This training will take place both in an existing N.Y. Bagel Cafe� & Deli location and �hands-on� in your store.-

Financing Options

 
New York Bagel Cafe and Deli Franchise
Tastea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
New York Bagel Cafe and Deli Franchise
Tastea Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
New York Bagel Cafe and Deli Franchise
Tastea Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About New York Bagel Cafe and Deli

Looking for a food franchise that has incredible growth potential and success since 1994? Well look no further. New York Bagel Cafe' & Deli, the #1 bagel franchise in the country could be the opportunity you have been looking for!! At New York Bagel Cafe' & Deli we take great pride in our food and our exceptional franchise opportunity. We strive to provide our franchisees with the best tools and knowledge to run a successful local business, and we encourage owners to learn the skills that will allow them to own multiple units. Why is N.Y. BAGEL the Top Bagel Franchise? * No other bagel can compare to our original New York bagel. * Simplicity: We have an easy to run operation with minimal space needs. * Support: We have proven systems in place to assist all of our franchisees 24/7. * Control: We teach our owners to use our detailed control and inventory methods. Why are the Bagels So Good? * Bagels are delivered to your store par-baked, so you don't have to make them, just bake them. * Fresh Baked Bagels. Each store bakes the bagels fresh daily so you always have that fresh baked hot bagel! We at N.Y. BAGEL also take great pride in our people, especially our growing team of franchise owners. Here's why franchisees join N.Y. BAGEL: * Great Food * Location Flexibility * Low Investment * Proven Operational and Control Systems So come join us-we're looking to spread the wealth!
NY Bagel Cafe & Deli is the brainchild of Joe Smith, an enterprising upstate New Yorker who saw the opportunities back in 1994 for making inroads in the franchise fast-food market.
Take a proven commodity �" everyone’s favorite "light” meal, the bagel �" and then take it one step further. Offer the original New York bagel, and create a cornerstone for a bagel franchise … without the typical franchise bagel taste.
Then structure the business for ease of investment and operation, and "spread the wealth” with other motivated self-starters … like you, perhaps?

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.