Wow Wow Hawaiian Lemonade vs Tastea Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wow Wow Hawaiian Lemonade vs Tastea including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Wow Wow Hawaiian Lemonade Franchise
Tastea Franchise
Investment $194,500 - $312,600$368,300 - $804,500
Franchise Fee $30,000$40,000
Royalty Fee 4% - 6%-
Advertising Fee 2%-
Year Founded 20162013
Year Franchised 20172014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Wow Wow Hawaiian Lemonade Franchise
Tastea Franchise
Experience --

Financing Options
 
Wow Wow Hawaiian Lemonade Franchise
Tastea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Wow Wow Hawaiian Lemonade Franchise
Tastea Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Wow Wow Hawaiian Lemonade Franchise
Tastea Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Wow Wow Hawaiian Lemonade

"Wow
The beauty of franchising our concept is that it allows us to bring our love to more places. Bring the Spirit of Aloha to your neighborhood. Be among the first to open your very own Wow Wow Hawaiian Lemonade franchise on the mainland. Serve up the fresh, handcrafted lemonades, super-food acai bowls, and avocado toasts that are synonymous with the Aloha State to a marketplace that has nothing like it.
We are looking for single-unit and multi-unit owners who want to be the first to bring our fast-casual franchise to market.

The total investment necessary to begin operation of a Wow Wow franchised business is between $194,500 and $312,600 This includes between $27,400 and $38,000 that must be paid to the franchisor.
The total investment necessary to begin operation of a Wow Wow Multi-Unit business is a minimum of $ 199,500, with no maximum. This includes a minimum of $32,400 that must be paid to the franchise.

Seeking new franchise units in the following states:
Arizona, California, Florida, Hawaii, Idaho, North Carolina, New Mexico, Nevada, South Carolina, Texas, Utah and Washington





About Tastea

"Tastea
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.