Barnie's Coffee & Tea Company vs Presotea Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Barnie's Coffee & Tea Company vs Presotea including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Barnie's Coffee & Tea Company Franchise
Presotea Franchise
Investment $202,000 - $350,000$235,000 - $365,000
Franchise Fee $20,000$14,000
Royalty Fee 7%-
Advertising Fee --
Year Founded 19802018
Year Franchised 19812019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Barnie's Coffee & Tea Company Franchise
Presotea Franchise
Experience --

Financing Options
 
Barnie's Coffee & Tea Company Franchise
Presotea Franchise
  In-House/3rd PartyIn-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
 
Barnie's Coffee & Tea Company Franchise
Presotea Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Ad slicks-
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
 
Barnie's Coffee & Tea Company Franchise
Presotea Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion YesYes

Company Overviews

About Barnie's Coffee & Tea Company

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.

About Presotea

"Presotea
We want to thank you for expressing an interest in becoming part of the Presotea America family. As a leading Bubble Tea business across the globe, we are now poised to take the US Market by storm.

The Presotea America family is searching for business minded entrepreneurs and visionaries like you to take our perfected Bubble Tea to the US. Currently, we are focusing on licensing our brand, technology and process to single site franchisees, and experienced and established area developers.

The franchise offered is a Master Franchise to develop, own, operate and subfranchise “made to order” fresh brewed tea shops called Presotea. The Master Franchise requires the opening of a minimum of 10 Presotea Shops in the protected Territory, within 6 years of the signing of the Master Franchise Agreement whether by developing directly or subfranchising.

The total investment necessary to begin operation of the Presotea master franchise ranges from $235,000 to $365,000, of which the initial down payment of the Master Franchise Fee to be paid to us is $14,000, as well as $20,000 for required initial training, $55,000 for required equipment, $18,000 for required branding, and $50,000 for required opening inventory of supplies and food, for the first owned or subfranchised Presotea Shop, which must be paid to the franchisor or their affiliate.