|
Below is an in-depth analysis and side-by-side comparison of Gloria Jean's Gourmet Coffees vs Wheelys Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $299,000 - $494,000 | $3,000 - And Up |
Franchise Fee | $15,000 - $25,000 | N/A |
Royalty Fee | 6% | 0 |
Advertising Fee | 2% | - |
Year Founded | 1979 | 2013 |
Year Franchised | 1986 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 1/2 of current franchise fee | 0 |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | On-The-Job Training: 80 hours Classroom Training: 80 hours | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Ad Templates 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: 6 - 12 Absentee Ownership Allowed | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
THIS IS NOT A FRANCHISE THIS IS A BUSINESS OPPORTUNITY
Start your own café on a bike. In 6 months, we've sold Wheelys in 60 countries. Wheelys is an all-in-one café on a bike.