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Below is an in-depth analysis and side-by-side comparison of Distinctly Tea vs Factory Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $160,000 - $230,000 | $213,300 - $341,300 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2.5% |
Year Founded | 2003 | 2017 |
Year Franchised | 2009 | 2017 |
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 | - | - |
Marketing | - | - |
Operations | - | Most Factory Donuts will employ 10-20 employees |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
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.
Factory Donuts is more than just a business of making great tasting donuts and coffee. It’s a culture. At Factory Donuts you will be part of a family; whether it’s as an employee or as a franchise partner. The founders' background and their beliefs for a well operated, highly efficient, and value oriented business strategy make Factory Donuts a stand out business model that others strive to be.
The business model at Factory Donuts is about simplicity and efficiency. Donuts are a billion dollar industry and growing. The idea of a fresh, made to order donut along with premium coffee drinks is a segment that Factory Donuts will fill.