|
Below is an in-depth analysis and side-by-side comparison of Bad Ass Coffee Company vs Caribou Coffee Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $304,500 - $620,000 | $223,840 - $939,995 |
Franchise Fee | $35,000 | $12,500 - $25,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1991 | 1992 |
Year Franchised | 1998 | 2004 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Life is Short, Stay Awake for it
Caribou Coffee offers great opportunities to US and non-US developers. Multi-unit area development agreements for well-qualified franchisees, and single-unit license opportunities for specialty concessions, large retailers and institutions are available.
As a Caribou Coffee franchisee, you'll be:
* Part of the nation's second-largest specialty coffee company
* Treating your guests to the finest, freshest coffee on the planet
* Joining a world-class company supported by our outstanding training, operations, and marketing teams