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Below is an in-depth analysis and side-by-side comparison of DRNK coffee + tea and Qwench juice bar vs Solar Roast 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 | $260,350 - $344,000 |
Franchise Fee | $40,000 | $39,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | 3% | Up to 2% |
Year Founded | 2013 | 2006 |
Year Franchised | 2013 | 2013 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 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! | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/Yes |
Payroll | No/Yes | -/Yes |
Training & Support |
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Training | On-The-Job Training: 112 hours Classroom Training: 8 hours | 3-5 days of training at corp head quarters and up to 10 days of onsite training |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Our Franchise Service Managers (FSM's) and Regional Marketing Managers (RMM's) are in place to provide you with the required assistance including: -An extensive field operations support team -Franchisee assistance with site selection -Comprehensive restaurant design specifications -Approved general contractors, equipment vendors, architectural services -Management and franchisee training programs -Extensive marketing: social media, email campaigns and grand opening events -A franchisee training center in our Pueblo Colorado corporate location -A culture that promotes a fun, engaging and sustainable environment |
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 |
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
Solar Roast Coffee was established in 2007 by brothers Michael and David Hartkop, established on the idea of building a their own coffee roaster using solar power. Their quest was to produce the best tasting coffee ever created. In the years since Solar Roast Coffee has become the best coffeehouse in town!
They roast artisan batches of coffee using their patent pending technique called Solar Aroma Roasting.
Harnessing energy from the sun as well as implementing other green practices have earned them a Carbon Neutral Status.
The cafe features Fast, Fresh, Healthy menu. The best breakfast burrito you have ever had as well as gluten-free house-baked pastries, and other special dietary menu options to create offerings that anyone can choose from and enjoy.
Solar Roast Coffee is everybody's favorite cafe.
The unique blends create taste and sensory memories. Solar Roast Coffee stands above the competition with their brews having the smoothest coffee flavor possible.
At Solar Roast Coffee they "Let the coffee do the talking!"
Over the years Solar Roast Coffee has gained an extensive amount of marketing and PR because of our unique business. Over 400 million cups of coffee are sold in the US everyday and specialty coffee sales increased 20% last year.
NOW is the time to be in the Sustainable Coffee Business!