Wall Street Deli vs Lasaters Coffee & Tea Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wall Street Deli vs Lasaters Coffee & Tea including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Wall Street Deli Franchise
Lasaters Coffee & Tea Franchise
Investment $190,500 - $457,000$257,000 - $310,000
Franchise Fee $30,000$35,000
Royalty Fee 5%0
Advertising Fee -1%
Year Founded 19922004
Year Franchised 19922006
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K0


Business Experience Requirements

 
Wall Street Deli Franchise
Lasaters Coffee & Tea Franchise
Experience
  • General business experience
  • $60,000-$90,000 in liquid capital, management/business ownership history

    Financing Options

     
    Wall Street Deli Franchise
    Lasaters Coffee & Tea Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Wall Street Deli Franchise
    Lasaters Coffee & Tea Franchise
    Training Available at franchisee's locationOngoing
    Support Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Ad slicks, Regional advertisingLocal marketing to be approved
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8 - 12

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    Owner operators preferred, absentee ownership allowed Currently 100% Owner operators

    Expansion Plans

     
    Wall Street Deli Franchise
    Lasaters Coffee & Tea Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Wall Street Deli

    Wall Street Deli serves the finest quality foods and specializes in freshly prepared gourmet sandwiches, soups and salads. With a presence in most major cities around the United States, we are the recognized expert for all of your corporate catering needs.

    About Lasaters Coffee & Tea

    If you'd like to start your own business, but simply do not have the experience or know-how to operate a successful operation, Lasaters Corporation may be able to help you open your own Lasaters Coffee & Tea Franchise. We manufacture many of our own high-quality products which ensures incredible quality control. We custom-roast our own coffees. We develop relationships with single-origin coffee growers in different regions in various countries. Our Franchisees do not get coffee that's been sitting on the shelf for weeks or months (or even years, like some of our national competitors). Our Franchisees order coffee - we roast it within 24 hours!Lasaters Corporation negotiates on behalf of their Franchisees. Many coffeehouse operators who are just getting started in the coffee industry experience the difficulties that surround opening and running a coffeehouse. From the freight costs, to the product research, there is a multitude of roads that can be taken. How do you negotiate better pricing than what your local distributor or wholesaler offers? How do you find out which product is more cost effective? Which road do you take? This is another benefit of owning a Lasaters Coffee & Tea Franchise! Our Franchisees need not negotiate with other vendors to try to minimize their costs - that is already done for you! What does it take to start a Lasaters Coffee & Tea Franchise? First, you will need to submit some basic information to verify you're ready to start franchising. Next, if you are approved, we will contact you for a meeting. The process is fairly quick and you may be on your way to opening your new Lasaters Coffee & Tea store within a matter of weeks!