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Updated RecentlyCargo & James Tea vs Au Bon Pain Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cargo & James Tea vs Au Bon Pain including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $100,000 - $250,000 | $2,000,000 - $3,000,000 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | 2% Marketing commitment |
| Year Founded | 2001 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal 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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Cargo & James Tea
Cargo & James Tea has pioneered the specialty tea cafe business concept and knows the time is right to capitalize on increased tea consumption across Canada and the U.S., in a caf� setting. Cargo & James is truly revolutionizing the way we drink tea. With a trendy atmosphere and inviting feel to the caf�, stepping into a Cargo & James breaks the stereotype that tea is old. The tea industry is expected to exceed $10 Billion in sales by 2010 according to the Sage Report, �Tea is Hot�.
About Au Bon Pain
Because we want to prepare our franchise partners for optimal success from the beginning, we only sign Area Development Agreements (ADA) based on a territorial market with a minimum unit potential of 10-20 locations. (We do not sell single unit agreements.) This ADA multi-unit potential enables our franchisees to build a significant business in an area with solid earnings potential.
In order to be considered for an Au Bon Pain franchise, you must have the financial and management resources necessary to develop multiple cafes
Criteria include:
* Open cafes in one of the listed expansion areas.
* Offer quality real estate sites in the selected territory.
* Sign an ADA for a minimum of 10 units.
* Have a liquid net worth of $350k per unit, or approximately $2-3M.
* Provide poof of financing from a bank or other financial institution.
* Offer multi-unit restaurant business experience.
* Offer an established management infrastructure within the market you wish to franchise.
* Willingness to adhere to the Au Bon Pain system.
* A strong desire to succeed, work hard and be part of a winning team.