| ||||
Updated RecentlyLaMar's Donuts vs Coffee Time Donuts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LaMar's Donuts vs Coffee Time Donuts including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $288,500 - $366,500 | $210,000 - $395,000 |
| Franchise Fee | $28,500 | $25,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | - |
| Year Founded | 1960 | - |
| Year Franchised | 1993 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | As needed | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About LaMar's Donuts
Ray Lamar found his way into the donut business at the age of 17, working as a fryer at a Kansas City, Missouri, shop. Lamar made his way up to being a partner in the company, but World War II cut the partnership short. Upon his return, Lamar earned a degree in economics and began a career as a stockbroker, but donuts remained the business he truly loved.
In 1960, nearly 30 years after first manning the fryer, Lamar opened his first LaMar's Donuts shop in Kansas City. The company began franchising in 1993 and is now based in Englewood, Colorado.
About Coffee Time Donuts
As one of the largest franchise businesses of its kind in Canada today, Coffee Time has grown from one coffee shop in Bolton, Ontario in 1982 to as many as 300 locations in Canada, Greece, Poland, Beijing, and Qatar.Coffee Time is committed to growth, prosperity and continued excellence with great coffee, food products and service. When you join the Coffee Time Family as a franchisee, you become part of a Canadian success story that has been developing all over the world since 1982. Coffee Time's secret to investment success is the combination of great coffee and delicious products coupled with leadership, advertising support, site selection, store design, construction, training and follow-up support. All of this makes Coffee Time an outstanding franchise opportunity and we are actively looking to add enthusiastic members to our worldwide family.