Factory Donuts vs Tea Lounge Franchise Comparison

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

Start-Up Costs and Fees

 
Factory Donuts Franchise
Tea Lounge Franchise
Investment $213,300 - $341,300$140,750 - $243,750
Franchise Fee $20,000$25,000
Royalty Fee 5%5%
Advertising Fee 2.5%1%
Year Founded 20172000
Year Franchised 20172012
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements

 
Factory Donuts Franchise
Tea Lounge Franchise
Experience --

Financing Options

 
Factory Donuts Franchise
Tea Lounge Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Factory Donuts Franchise
Tea Lounge Franchise
Training --
Support --
Marketing --
Operations Most Factory Donuts will employ 10-20 employees-

Expansion Plans

 
Factory Donuts Franchise
Tea Lounge Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Factory Donuts

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.

About Tea Lounge