Orange Julius of America vs Lasaters Coffee & Tea Franchise Comparison

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

Start-Up Costs and Fees

 
Orange Julius of America Franchise
Lasaters Coffee & Tea Franchise
Investment $194,200 - $380,600$257,000 - $310,000
Franchise Fee $20,000 - $35,000$35,000
Royalty Fee 6%0
Advertising Fee -1%
Year Founded 19262004
Year Franchised 19482006
Term Of Agreement 15 years (co-terminus w/lease)10 years
Term Of Agreement 15 years (co-terminus w/lease)10 years
Renewal Fee $2.5K0


Business Experience Requirements

 
Orange Julius of America Franchise
Lasaters Coffee & Tea Franchise
Experience
  • General business experience
  • $60,000-$90,000 in liquid capital, management/business ownership history

    Financing Options

     
    Orange Julius of America 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

     
    Orange Julius of America Franchise
    Lasaters Coffee & Tea Franchise
    Training -Ongoing
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicksLocal marketing to be approved
    Operations

    Number of employees needed to run franchised unit: 10 - 20

    Absentee ownership of franchise is allowed.

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

    Expansion Plans

     
    Orange Julius of America Franchise
    Lasaters Coffee & Tea Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Orange Julius of America

    When Julius Freed opened his first orange juice stand in 1926, he was doing well, but his real estate broker, Bill Hamlin, felt he could do better. Using his chemistry background, Hamlin devised a formula to give the juice a smooth, creamy and airy texture. Once the new drink was unveiled, sales at the stand grew from $20 to $100 a day. As more and more customers began to say, 'Give me an orange, Julius,' the new product got its name.

    Hamlin quit his job in real estate and focused on opening Orange Julius stores across the United States. Within three years he had opened 100 stores and the profits for the system, whose only product was a 10-cent drink, approached $3 million. Other drink flavors were added to a menu that now includes nachos, hamburgers and hot dogs.

    Orange Julius' parent company, International Dairy Queen, also owns Dairy Queen and Karmelkorn. The three concepts are franchised together at Treat Center stores.

    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!