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Updated RecentlyCargo & James Tea vs New World Coffee Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cargo & James Tea vs New World Coffee 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 | $150,000 - $350,000 |
| Franchise Fee | $25,000 | $20,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | 2.5%-4% |
| Year Founded | 2001 | 1987 |
| Year Franchised | 2006 | 1990 |
| Term Of Agreement | - | 10 years +10 |
| Term Of Agreement | - | 10 years +10 |
| 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 | - | Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 3 Full-time, 5 Part-time Passive Ownership: Allowed |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 New World Coffee
Full service bagel bakery - Manhattan Bagel. Upscale coffee bar/espresso - New World Coffee.