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Updated RecentlyDRNK coffee + tea and Qwench juice bar vs Hudsons Coffee Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of DRNK coffee + tea and Qwench juice bar vs Hudsons Coffee including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $253,000 - $516,000 | $300,000 - $350,000 |
| Franchise Fee | $40,000 | $60,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | 3% | 1.75% |
| Year Founded | 2013 | 1998 |
| Year Franchised | 2013 | 2004 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | * Experience as a multi-unit food or retail operator with successful development experience in a metropolitan area * Appropriate capitalization * An ability to lead and successfully drive growth through company owned (?) and sub-franchised locations * Creative and innovative thinking and a desire to be all-in passionate about the DRNK coffee + tea® brand * A strong commitment to community * A desire to be really great at this! | No specific background can describe the ideal Hudsons Coffee Franchisee. Some come to us having never made a coffee, having never managed people, having never owned a business� Provided that you have the ability to learn from us we can help you make the transition into the world of Hudsons Coffee. Some traits that are useful: * Dedication * Commitment * Ability to learn (and then teach!) * Business acumen * Speed and agility * Ability to lead and motivate others |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | On-The-Job Training: 112 hours Classroom Training: 8 hours | * Thorough training in all aspects of the "on floor" Hudsons Coffee operation from register operation to Barista Brilliance. * All aspects of store management including opening and closing the store, shift and people management, weekly stock and labour control and monthly administration. * Information and Technology training covering "on floor" systems including ordering, loyalty and production systems. * Information and Technology training covering "back of house" systems including payroll, cash control, stock control and Accounts payable. * Introduction to recruitment and training. NB: Applicants should be aware that, in order to thoroughly train Franchisees, the program is conducted in Victoria for the 8 week period. |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Absentee Ownership Allowed | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | Yes |
Company Overviews
About DRNK coffee + tea and Qwench juice bar
DRNK coffee + tea and Qwench juice bar was first opened in Los Angeles in October 2013. Since then, our units have created a popular spot for the millennials of Southern California. DRNK coffee + tea and Qwench juice bar has launched a franchise program to generate a chain of stores with motivated owner-operaters. The current Company-owned locations (and future openings) will act as the prototypes and training centers for new franchisees and will maintain a similar look and feel as the Company expands into new markets.
DRNK coffee + tea and Qwench juice bar will be franchising the Company’s operations in order to bring the expertly engineered coffee and tea menu to all parts of the United States. Through franchise development, DRNK coffee + tea and Qwench juice bar will give you the ability to operate locations in new markets and areas without the cost and management responsibilities that would come with widely distributed Company-owned outlets.
The DRNK coffee + tea and Qwench juice bar system is well positioned and poised for growth with a proven track record and a highly experienced operations and management team. The business model is a traditional quick service beverage concept where customers can order from the diverse menu of hot and cold coffees and teas, many USDA-certified as organic and Fair Trade, imaginative DRNK beverages and the most popular beverages, and the most requested breakfast items and Panini sandwiches, wraps, and salads, all freshly made in the store.
The DRNK coffee + tea and Qwench juice bar business model is simple and structured efficiently to provide profitability and ease of operating management, which allows for efficiency of replication and implementation of a training program with new franchise partners that is both easy to follow, learn, and implement.
Seeking new franchise units throughout the U.S.,
Asia, Australia/New Zealand, Canada, Central America, Eastern
Europe, Middle East, Mexico, Philippines, South America and Western Europe
About Hudsons Coffee
Since 1998 Hudsons Coffee has opened Company operated stores. In 2003, after years of testing, trialing and developing systems to ensure a successful transition, we opened our first franchised store in South Australia. To ensure the consistency of our brand, we regard franchising as one of the most important aspects of our business. Hudsons Coffee can only be successful as a brand if our franchisees are successful. We understand the decision to operate your own business is a difficult one. Hudsons Coffee believes our franchise model provides the support to optimise your business and your financial future. In 2004 we began supporting local people, interested in owning their own business through our Franchise program. Hudsons Coffee currently has 51 stores nation-wide, half of which are franchised. With our knowledge, experience and responsible growth policy, we believe you can find the success you're looking for. If you would like any further information please contact our Franchise Department on 03 9631 0205.