DRNK coffee + tea and Qwench juice bar vs Men's Hair House Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of DRNK coffee + tea and Qwench juice bar vs Men's Hair House including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
DRNK coffee + tea and Qwench juice bar Franchise
Men's Hair House Franchise
Investment $253,000 - $516,000$159,310 - $351,770
Franchise Fee $40,000$35,000
Royalty Fee 6%4%-4.5%
Advertising Fee 3%2%
Year Founded 20132013
Year Franchised 20132015
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
DRNK coffee + tea and Qwench juice bar Franchise
Men's Hair House Franchise
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
 
DRNK coffee + tea and Qwench juice bar Franchise
Men's Hair House Franchise
  In-House/3rd PartyIn-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
 
DRNK coffee + tea and Qwench juice bar Franchise
Men's Hair House Franchise
Training On-The-Job Training: 112 hours Classroom Training: 8 hours -
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
 
DRNK coffee + tea and Qwench juice bar Franchise
Men's Hair House Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion 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 Men's Hair House

"Men39s

There is nothing quite like the Men’s Hair House vibe, and we’ll show you how you can replicate it in your own location(s) - so that customers are sure to feel it, as soon as they walk through your front doors. Leather armchairs will greet your customers in the lounge area featuring big-screen TVs, complimentary peanuts, refreshing beverages, and men’s magazines. As a men’s salon franchise owner, you can do it all: be your own boss, cultivate your team’s and your business’ growth, and meet the growing demand for men’s salon services! And whether you have experience in the salon industry or not, or even if you currently own a salon or barbershop and are looking to take it to the next level, Men’s Hair House provides you with the business model, tools, and support you need to run an efficient and effective men’s salon franchise operation. Find out more about how you provide best-in-class men’s salon services - as you operate your own Men’s Hair House franchise.

The total investment necessary to begin operation of a Men’s Hair House start-up franchise is $186,170 to $351,770. This includes $28,000 that must be paid to the franchisor and/or its affiliate, as appropriate. The total investment necessary to begin operation of a Men’s Hair House conversion franchise is $159,310 to $311,170. This includes $22,400 that must be paid to the franchisor and/or its affiliate, as appropriate.