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Updated RecentlyEuro Cafe vs Tastea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Euro Cafe vs Tastea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $248,400 - $445,500 | $368,300 - $804,500 |
| Franchise Fee | $15,000 | $40,000 |
| Royalty Fee | 4.5% | - |
| Advertising Fee | 1% | - |
| Year Founded | 1997 | 2013 |
| Year Franchised | 2017 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | Classroom Training: 243 hours | - |
| Support | Grand Opening | - |
| Marketing | - | - |
| Operations | Number of Employees Required to Run: 17 | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Euro Cafe
Owning a Euro Café provides you an opportunity to partner with an industry leader in a highly competitive industry whose sales grow more and more annually. Do not let the competitive nature of the industry stifle you. Our concept is unlike any other. We have geared our company to provide you with knowledge, support and training that will allow you to effectively meet and surpass any consumer expectations.- Produces and serves the highest quality specialty coffee, hot and cold.
- Serves a variety of healthy food, like basmati rice bowls and salad bowls, custom-made to order.
- Offers a variety of grab-and-go items as each location demands.
- Provides customers with a comfortable, social, and friendly atmosphere with free Wi-Fi.
Euro Café offers a comprehensive and hands on training program in order to ensure that franchisee are 100% equipped with the knowledge, skills and expertise to successfully operate their own center. Our multi-phase training includes hours of hands on training at one of our already established locations in addition to many hours of ongoing support at your newly established location.
About Tastea
!["Tastea]("https://fddexchange.com/wp-content/uploads/2020/03/tastea-300x157.png")
The Tastea dream is a reality. We continue to push the envelope with
new drinks and flavors -- constantly creating and searching for new ways
to make people smile. But at the same time, we still serve the classics
that so many of our customers love, from Thai Iced Tea to Green Milk to
Taro Milk Tea and more. The center of the Tastea experience
is our unique tea bar, where customers can hang out with friends and
make some new ones, all while enjoying the most refreshing treat around.
Under the Single Tastea Tea Bar Program, you will sign a Franchise
Agreement to operate a single Tastea Tea Bar. The franchisor estimates
your total initial investment to begin operations of a single Tastea Tea
Bar will range from approximately $368,300 to $654,500. Included in the
estimate is $74,500 to $80,500 that must be paid to the franchisor or
their affiliate which is comprised of the Initial Franchise Fee of
$40,000 and $34,500 to $40,500 in fees and expenditures.
Under the Area Development Program, the franchisor assigns a defined
area within which you must develop and operate a minimum of three Tastea
Tea Bars within a specified period of time. If you sign an Area
Development Agreement, the franchisor estimates your total initial
investment will range from $428,300 to $804,500. Included in the
estimate is $134,500 to $230,500 that you must pay to the franchisor or
their affiliate which is comprised of the Development Fee of $100,000
(for 3 units) to $190,000 (for 6 units) and $34,500 to $40,500 in fees
and expenditures for your first Tastea Tea Bar unit.