Lasaters Coffee & Tea vs Presotea Franchise Comparison

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

Start-Up Costs and Fees
 
Lasaters Coffee & Tea Franchise
Presotea Franchise
Investment $257,000 - $310,000$235,000 - $365,000
Franchise Fee $35,000$14,000
Royalty Fee 0-
Advertising Fee 1%-
Year Founded 20042018
Year Franchised 20062019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 0-


Business Experience Requirements
 
Lasaters Coffee & Tea Franchise
Presotea Franchise
Experience $60,000-$90,000 in liquid capital, management/business ownership history-

Financing Options
 
Lasaters Coffee & Tea Franchise
Presotea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Lasaters Coffee & Tea Franchise
Presotea Franchise
Training Ongoing-
Support --
Marketing Local marketing to be approved -
Operations Owner operators preferred, absentee ownership allowed Currently 100% Owner operators-

Expansion Plans
 
Lasaters Coffee & Tea Franchise
Presotea Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Lasaters Coffee & Tea

If you'd like to start your own business, but simply do not have the experience or know-how to operate a successful operation, Lasaters Corporation may be able to help you open your own Lasaters Coffee & Tea Franchise. We manufacture many of our own high-quality products which ensures incredible quality control. We custom-roast our own coffees. We develop relationships with single-origin coffee growers in different regions in various countries. Our Franchisees do not get coffee that's been sitting on the shelf for weeks or months (or even years, like some of our national competitors). Our Franchisees order coffee - we roast it within 24 hours!Lasaters Corporation negotiates on behalf of their Franchisees. Many coffeehouse operators who are just getting started in the coffee industry experience the difficulties that surround opening and running a coffeehouse. From the freight costs, to the product research, there is a multitude of roads that can be taken. How do you negotiate better pricing than what your local distributor or wholesaler offers? How do you find out which product is more cost effective? Which road do you take? This is another benefit of owning a Lasaters Coffee & Tea Franchise! Our Franchisees need not negotiate with other vendors to try to minimize their costs - that is already done for you! What does it take to start a Lasaters Coffee & Tea Franchise? First, you will need to submit some basic information to verify you're ready to start franchising. Next, if you are approved, we will contact you for a meeting. The process is fairly quick and you may be on your way to opening your new Lasaters Coffee & Tea store within a matter of weeks!

About Presotea

"Presotea
We want to thank you for expressing an interest in becoming part of the Presotea America family. As a leading Bubble Tea business across the globe, we are now poised to take the US Market by storm.

The Presotea America family is searching for business minded entrepreneurs and visionaries like you to take our perfected Bubble Tea to the US. Currently, we are focusing on licensing our brand, technology and process to single site franchisees, and experienced and established area developers.

The franchise offered is a Master Franchise to develop, own, operate and subfranchise “made to order” fresh brewed tea shops called Presotea. The Master Franchise requires the opening of a minimum of 10 Presotea Shops in the protected Territory, within 6 years of the signing of the Master Franchise Agreement whether by developing directly or subfranchising.

The total investment necessary to begin operation of the Presotea master franchise ranges from $235,000 to $365,000, of which the initial down payment of the Master Franchise Fee to be paid to us is $14,000, as well as $20,000 for required initial training, $55,000 for required equipment, $18,000 for required branding, and $50,000 for required opening inventory of supplies and food, for the first owned or subfranchised Presotea Shop, which must be paid to the franchisor or their affiliate.