Gloria Jean's Gourmet Coffees vs Tea Lounge Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gloria Jean's Gourmet Coffees vs Tea Lounge including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Gloria Jean's Gourmet Coffees Franchise
Tea Lounge Franchise
Investment $299,000 - $494,000$140,750 - $243,750
Franchise Fee $15,000 - $25,000$25,000
Royalty Fee 6%5%
Advertising Fee 2%1%
Year Founded 19792000
Year Franchised 19862012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 1/2 of current franchise fee-


Business Experience Requirements
 
Gloria Jean's Gourmet Coffees Franchise
Tea Lounge Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Gloria Jean's Gourmet Coffees Franchise
    Tea Lounge Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Gloria Jean's Gourmet Coffees Franchise
    Tea Lounge Franchise
    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
     
    Gloria Jean's Gourmet Coffees Franchise
    Tea Lounge Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Gloria Jean's Gourmet Coffees

    We appreciate your interest in learning about how to become a Gloria Jean's Coffees Franchise Partner. The specialty coffee business is becoming increasingly competitive. The industry is shifting to chains because of their advantages in purchasing power, focused advertising, innovative product introductions, management control systems, and specialized training. With 57 locations in the USA and more than 800 Internationally, 23 years of experience in franchising, at Gloria Jean's you're teaming up with one of the largest, most experienced franchise coffee companies around. We believe we have the organization, experience and support that leads to success. Our system is proven, established, and has passed the test of time.

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    "Entrepreneur
    #392 in Franchise 500 for 2020.


    About Tea Lounge