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Below is an in-depth analysis and side-by-side comparison of Wall Street Deli vs Jazen Tea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $190,500 - $457,000 | $186,600 - $339,730 |
Franchise Fee | $30,000 | $15,000 |
Royalty Fee | 5% | 4% |
Advertising Fee | - | 2% |
Year Founded | 1992 | 2012 |
Year Franchised | 1992 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | Available at franchisee's location | On-The-Job Training: 50 hours Classroom Training: 40 hours |
Support | Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Ad slicks, Regional advertising | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
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) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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.
Jazen Tea was founded in San Jose, California in 2012. Now Jazen Tea operates 18 locations internationally. The company was founded on the simple principal that real fruits and fresh ingredients are the foundation for the best tasting fruit teas, never a powder mix. Our simple yet sound business model has helped us thrive in the expanding fruit and boba tea industry.