It's A Grind Coffee House vs Xing Fu Tang Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of It's A Grind Coffee House vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
It's A Grind Coffee House Franchise
Xing Fu Tang Franchise
Investment $173,150 - $473,000$289,000 - $943,500
Franchise Fee $15,000 - $25,000N/A
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19952019
Year Franchised 20002020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
It's A Grind Coffee House Franchise
Xing Fu Tang Franchise
Experience
  • General business experience
  • Strong people skills
    		• -

    Financing Options
     
    It's A Grind Coffee House Franchise
    Xing Fu Tang Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    It's A Grind Coffee House Franchise
    Xing Fu Tang Franchise
    Training Additional training as needed-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 40% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12 - 15

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    It's A Grind Coffee House Franchise
    Xing Fu Tang Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About It's A Grind Coffee House

    Husband-and-wife team Marty Cox and Louise Montgomery opened the first It's A Grind coffee shop in Long Beach, California, in 1995. Locations feature a blues and jazz theme, and wingback chairs that allow customers to relax while enjoying whole bean coffees, espresso drinks, teas, pastries, muffins and bagels.
    It’s A Grind is a specialty coffee house concept established in 1994 to provide high quality gourmet coffee, espresso beverages, better for you healthy cold drinks, range of home baked foods in a comfortable, community-focused neighborhood environment.
    Our coffee houses are independent, well connected and free spirited.
    Our range of coffee credible merchandise and quirky trinkets and treasures creates an It’s A Grind coffee house experience that promotes a free spirited attitude.

    About Xing Fu Tang

    "Xing

    The franchise that we offer is for a Xing Fu Tang business, a retail shop offering premium, Taiwanese-style boba or bubble tea beverages, featuring unique, stir fried, brown sugar tapioca pearls prepared according to a proprietary recipe, using high quality ingredients, and made fresh in front of the customer, and other menu items.

    The initial investment necessary to begin operation of a Shop under a franchise agreement ranges from $289,000 to $673,500. This includes $135,000 to $160,000 that you must pay to the franchisor or its affiliates.
    The initial investment necessary to begin operation of a Shop under a multi-unit development agreement depends on the number of Shops that you are authorized to develop and ranges from $404,000,000 to $943,500. This includes a development fees of $115,000 to 270,000 depending on the number of Shops that you are authorized to establish under the multi-unit development agreement.