Maui Wowi Hawaiian Coffees & Smoothies vs Tastea Franchise Comparison

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

Start-Up Costs and Fees
 
Maui Wowi Hawaiian Coffees & Smoothies Franchise
Tastea Franchise
Investment $31,100 - $394,000$368,300 - $804,500
Franchise Fee $25,000 - $65,000$40,000
Royalty Fee 0-
Advertising Fee --
Year Founded 19832013
Year Franchised 19972014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Maui Wowi Hawaiian Coffees & Smoothies Franchise
Tastea Franchise
Experience
  • General business experience
  • Sales/marketing experience preferred
    		• -

    Financing Options
     
    Maui Wowi Hawaiian Coffees & Smoothies Franchise
    Tastea Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Maui Wowi Hawaiian Coffees & Smoothies Franchise
    Tastea Franchise
    Training Full & continuous support-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 65% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 3

    Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Maui Wowi Hawaiian Coffees & Smoothies Franchise
    Tastea Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Maui Wowi Hawaiian Coffees & Smoothies

    Crisp organic product smoothies were a for all intents and purposes obscure item in 1983, when Jeff and Jill Summerhays started offering them low maintenance at occasions. Maui Wowi Hawaiian was worked to give their 'ohana (family) a solid other option to the sugar and fat loaded sustenances that appeared to be all over the place! Similarly as energetic, the Summerhayses needed to make a plan of action that was fun, adaptable, and portable so they could offer their everything characteristic, crisp organic product smoothies anyplace they had a craving for voyaging.

    Australia's Gold Coast appeared like the ideal place to hang and put their idea under a magnifying glass so they stuffed it up, and made a beeline for the Land Down Under. It was not much sooner than the Aussies figured out how to hunger for these ono'licious mixes.

    The organization got the attention of Michael Haith, establishing accomplice of a sustenance, drink and extraordinary occasion counseling firm and Maui Wowi's present CEO. Haith patched up the establishment idea and extended the product offering, which now incorporates Hawaiian espressos coffee.
    Maui Wowi establishments are situated all through the United States.

    The total investment necessary to begin operation of a Maui Wowi franchise for a Fixed Operating Unit ranges from $108,350 to $394,000. This includes $46,000 to $72,000 that will be paid to the franchisor or their affiliate.
    The total investment necessary to begin operation of a Mobile Operating Unit is $31,100 to $200,250. This includes $26,200 to $52,200 that will be paid to the franchisor or their affiliate.
    The total investment necessary to begin operation of a Mobile Fixed Operating Unit ranges from $37,300 to $245,250. This includes $26,200 to $52,200 that will be paid to the franchisor or their affiliate.

    20% off Franchise Fee for Qualified Military Veterans
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    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.