Distinctly Tea vs Presotea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Distinctly Tea vs Presotea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$160,000 - $230,000 | $235,000 - $365,000 |
Franchise Fee |
$20,000 | $14,000 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2003 | 2018 |
Year Franchised |
2009 | 2019 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
Yes | - |
International Expansion |
- | Yes |
Company Overviews
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.
About 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.