Seekers Coffee House & Cafe vs Tastea Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Seekers Coffee House & Cafe vs Tastea including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Seekers Coffee House & Cafe Franchise
Tastea Franchise
Investment $189,000 - $369,000 $368,300 - $804,500
Franchise Fee $20,000 - $25,000 $40,000
Royalty Fee 5% -
Advertising Fee - -
Year Founded 2001 2013
Year Franchised 2002 2014
Term Of Agreement 10 years -
Term Of Agreement 10 years -
Renewal Fee $1K -


Business Experience Requirements

 
Seekers Coffee House & Cafe Franchise
Tastea Franchise
Experience - -

Financing Options

 
Seekers Coffee House & Cafe Franchise
Tastea Franchise
  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

 
Seekers Coffee House & Cafe Franchise
Tastea Franchise
Training - -
Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives -
Marketing Co-op advertising, Ad slicks -
Operations 0% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans

 
Seekers Coffee House & Cafe Franchise
Tastea Franchise
US Expansion - Yes
Canada Expansion No -
International Expansion No -

Start-Up Costs and Fees Mobile

Investment
Seekers Coffee House & Cafe Franchise
$189,000 - $369,000
Tastea Franchise
$368,300 - $804,500
Franchise Fee
Seekers Coffee House & Cafe Franchise
$20,000 - $25,000
Tastea Franchise
$40,000
Royalty Fee
Seekers Coffee House & Cafe Franchise
5%
Tastea Franchise
-
Advertising Fee
Seekers Coffee House & Cafe Franchise
-
Tastea Franchise
-
Year Founded
Seekers Coffee House & Cafe Franchise
2001
Tastea Franchise
2013
Year Franchised
Seekers Coffee House & Cafe Franchise
2002
Tastea Franchise
2014
Term Of Agreement
Seekers Coffee House & Cafe Franchise
10 years
Tastea Franchise
-
Renewal Fee
Seekers Coffee House & Cafe Franchise
$1K
Tastea Franchise
-


Business Experience Requirements

Experience
Seekers Coffee House & Cafe Franchise
-
Tastea Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Seekers Coffee House & Cafe Franchise
No/No
Tastea Franchise
-/-
Start-up Costs
Seekers Coffee House & Cafe Franchise
No/No
Tastea Franchise
-/-
Equipment
Seekers Coffee House & Cafe Franchise
No/No
Tastea Franchise
-/-
Inventory
Seekers Coffee House & Cafe Franchise
No/No
Tastea Franchise
-/-
Receivables
Seekers Coffee House & Cafe Franchise
No/No
Tastea Franchise
-/-
Payroll
Seekers Coffee House & Cafe Franchise
No/No
Tastea Franchise
-/-

Training & Support

Training
Seekers Coffee House & Cafe Franchise
-
Tastea Franchise
-
Support
Seekers Coffee House & Cafe Franchise
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Tastea Franchise
-
Marketing
Seekers Coffee House & Cafe Franchise
Co-op advertising, Ad slicks
Tastea Franchise
-
Operations
Seekers Coffee House & Cafe Franchise
0% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Tastea Franchise
-

Expansion Plans

US Expansion
Seekers Coffee House & Cafe Franchise
-
Tastea Franchise
Yes
Canada Expansion
Seekers Coffee House & Cafe Franchise
No
Tastea Franchise
-
International Expansion
Seekers Coffee House & Cafe Franchise
No
Tastea Franchise
-

Company Overviews

About Seekers Coffee House & Cafe

NO LONGER FRANCHISING

About Tastea

"Tastea
The Tastea dream is a reality. We continue to push the envelope with new drinks and flavors -- constantly creating and searching for new ways to make people smile. But at the same time, we still serve the classics that so many of our customers love, from Thai Iced Tea to Green Milk to Taro Milk Tea and more. The center of the Tastea experience is our unique tea bar, where customers can hang out with friends and make some new ones, all while enjoying the most refreshing treat around.

Under the Single Tastea Tea Bar Program, you will sign a Franchise Agreement to operate a single Tastea Tea Bar. The franchisor estimates your total initial investment to begin operations of a single Tastea Tea Bar will range from approximately $368,300 to $654,500. Included in the estimate is $74,500 to $80,500 that must be paid to the franchisor or their affiliate which is comprised of the Initial Franchise Fee of $40,000 and $34,500 to $40,500 in fees and expenditures.
Under the Area Development Program, the franchisor assigns a defined area within which you must develop and operate a minimum of three Tastea Tea Bars within a specified period of time. If you sign an Area Development Agreement, the franchisor estimates your total initial investment will range from $428,300 to $804,500. Included in the estimate is $134,500 to $230,500 that you must pay to the franchisor or their affiliate which is comprised of the Development Fee of $100,000 (for 3 units) to $190,000 (for 6 units) and $34,500 to $40,500 in fees and expenditures for your first Tastea Tea Bar unit.