Cargo & James Tea vs Presotea Franchise Comparison

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

Start-Up Costs and Fees
 
Cargo & James Tea Franchise
Presotea Franchise
Investment $100,000 - $250,000$235,000 - $365,000
Franchise Fee $25,000$14,000
Royalty Fee 7%-
Advertising Fee --
Year Founded 20012018
Year Franchised 20062019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Cargo & James Tea Franchise
Presotea Franchise
Experience --

Financing Options
 
Cargo & James Tea Franchise
Presotea Franchise
  In-House/3rd PartyIn-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
 
Cargo & James Tea Franchise
Presotea Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Cargo & James Tea Franchise
Presotea Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 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.