It's A Grind Coffee House vs Tastea Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of It's A Grind Coffee House vs Tastea 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
Tastea Franchise
Investment $173,150 - $473,000$368,300 - $804,500
Franchise Fee $15,000 - $25,000$40,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19952013
Year Franchised 20002014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


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

    Financing Options
     
    It's A Grind Coffee House Franchise
    Tastea 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
    Tastea 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
    Tastea Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    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 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.