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Below is an in-depth analysis and side-by-side comparison of Barnie's Coffee & Tea Company vs Caffe Bene including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $202,000 - $350,000 | $414,500 - $899,600 |
Franchise Fee | $20,000 | $35,000 |
Royalty Fee | 7% | 6.9% |
Advertising Fee | - | 3% |
Year Founded | 1980 | 2008 |
Year Franchised | 1981 | 2008 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 1 week Classroom Training: 1 week |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Purchasing Co-ops Meetings/Conventions |
Marketing | Ad slicks | National Media |
Operations |
International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING
Barnie's Coffee and Tea Company retail locations offer available to be purchased espresso, tea and related retail items including desserts. Barnie's Coffee and Tea Company additionally make Barnie's items accessible through mail request and online business furthermore permit real espresso merchants and may permit other such sellers the privilege to offer certain Barnie's marked items to non-retailers (for instance, workplaces and eateries). They likewise offer Barnie's image items to different retailers. Barnie's Coffee and Tea Company have one associate, Barnie's Coffee.com, Inc.
Establishment Offer: The single establishment offers the chance to claim and work a retail location under the name "Barnie's Coffee and Tea Company". The Franchisee will offer people in general gourmet espresso, tea, baked goods and related items and frill. The underlying establishment charge is payable in portions: the primary portion of $5,000 is expected and payable endless supply of the Franchise Agreement and the second portion of $15,000 is expected and payable quickly upon the execution of the rent or sublease for the Store.
Monetary Assistance: Barnie's Coffee and Tea Company does not give any money related help nor do they ensure any note, rent or commitment.
Preparing and Assistance: The franchisee and any full time chiefs must go to a required preparing program. This happens at Barnie's Coffee and Tea Company central station in Orlando, Florida. The franchisor will bear the cost of keeping up the preparation office in Orlando, Florida, including the overhead cost of preparing, staff pay rates, and preparing materials. The franchisee must pay all voyaging, living and other accidental costs brought about by the franchisee and their employee(s) with respect to participation at the preparation program.
In 2012, Caffe Bene, a traditional European coffee house from South Korea, expanded to the Philippines. The Caffe Bene Franchise is now rapidly expanding in a very competitive market and gaining more and more loyal customers with their delectable food items which are served in a relaxed environment to help customers chill right in the middle of the busy metro.
Caffe Bene leads the consumer trend of coffee market in South Korea and is paving the way to better coffee from their exclusive selection of only 2% of the best coffee beans. And where better to invest than in a franchise that is becoming the new leader in the coffee market.