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Updated Recentlyla prep vs Tin Drum Asia Cafe Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of la prep vs Tin Drum Asia Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $300,000 - $425,000 | $400,800 - $617,250 |
| Franchise Fee | $35,000 | $49,000 - $99,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | - | 1.5% |
| Year Founded | 2010 | 2003 |
| Year Franchised | 2010 | 0 |
| Term Of Agreement | 10 years+5 | - |
| Term Of Agreement | 10 years+5 | - |
| Renewal Fee | - | 50% of franchise fee |
Business Experience Requirements |
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| Experience | No related experience is necessary, just your desire to learn. We provide all the training and assistance you will need to operate your franchise. | - |
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 | 3-week training program provides hands-on experience covering all phases of operating your la prep franchise. You will receive Operations Manuals that cover everything from employee hiring and training to product preparation, management, advertising and business systems. The training continues with special on-site support by one of our training managers for 1 week for your restaurant opening. | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. |
Expansion Plans |
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| US Expansion | Yes | No |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
About la prep
la prep is a privately-owned Canadian restaurant franchising system. Our dedicated franchisees are hands-on owner/operators that are both personally and financially committed to their business, resulting in a maximized level of customer service. As we continue our expansion of the brand we are always searching for qualified individuals to join our franchise community.
About Tin Drum Asia Cafe