Cora's vs Green Beans Coffee Company Franchise Comparison

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

Start-Up Costs and Fees
 
Cora's Franchise
Green Beans Coffee Company Franchise
Investment $550,000 - $900,000$249,500 - $502,000
Franchise Fee $45,000$25,000
Royalty Fee 5% of net5%
Advertising Fee 2% National Fund; 1% Local Fund1%Nat'l + 1/2%Local
Year Founded 1987-
Year Franchised 1994-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Cora's Franchise
Green Beans Coffee Company Franchise
Experience -Owner operated. Prior management experience in retail and food industry (Preferred) You have to be able to invest long hours to build and operate your business.

Financing Options
 
Cora's Franchise
Green Beans Coffee Company Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Cora's Franchise
Green Beans Coffee Company Franchise
Training We provide franchisees with 5 weeks of theoretical and practical training.-
Support We support the restaurant with a team of trainers who are on site to help you and your staff. Our dedicated and experienced Operations team works with the franchisee to ensure respect of the Cora processes and high standards. Manuals covering all of the operating, marketing and management processes will be made available for your reference. You will benefit from a customized computer system helping you operate your business, keep track of key metrics, inventory, schedules, etc. We use a proprietary extranet information system which allows, through the Internet, automatic transfer and management of data. This system also offers online multimedia training. Using a touch screen, employees have access to online training related to their position in the restaurant.-
Marketing -Green Beans Coffee will supply Franchisee with a library of assets to choose from for marketing support including branding, product focused, new product introductions, seasonal offerings, grassroots and promotional print-ready artwork.
Operations We require franchisees to be owner/operators. You can consider an operating partner; however, you and/or the operating partner must participate in all stages of the franchisee approval process. Your operating partner is required to hold a minimum of 25% of shares within the operating company.Building local community is essential for success of your business and owning and operating your Green Beans Coffee Caf�. You must be present as you oversee and manage the training of your staff, greeting and thanking each customer for their support of your caf� and producing the top-notch products our customer's demand. Green Beans Coffee grants single franchises to full-time owner-operators. Standard hours are usually 6AM to 7PM Monday � Friday and 6AM to 5PM Saturday and Sunday.

Expansion Plans
 
Cora's Franchise
Green Beans Coffee Company Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Cora's

Motivated by the success of her breakfast concept, Cora and her ambitious family decided to franchise their restaurants. For Cora, developing the breakfast food business niche meant doing it better than anybody had ever done it anywhere. Like any good recipe, success takes time to perfect. Cora, supported by her diligent team, slowly but surely developed more expertise in the business, and her unwavering drive for perfection earned her the title, "Queen of Quebec Breakfasts." Because she loved cooking for a crowd, Cora was continually opening new restaurants until she realized she could teach others her winning recipe. So began her journey into franchising. In 1993, Cora explored the possibility of franchising and was delighted to find that her business formula met all the criteria established by franchising specialists. Her dream of having restaurants throughout Quebec was about to become a reality. Franchising soon became Cora's business strategy to achieve her primary objective. For Cora, franchising allowed her to: offer breakfasts in as many places as possible, as often as possible and to as many guests as possible. Cora soon understood that by franchising, the team would be able to quickly build a strong brand image and dominate the Quebec market. An exciting new chapter for the newly formed Franchises Cora Inc. began in April 1994 when it granted its first franchise to open a restaurant in Pointe-Claire, in Montreal's West Island community. Ten more franchises would follow shortly. Always looking for a challenge, the Cora team's new objective was to open restaurants "all over Canada." In 2000, Cora developed the Cora Franchise Group to target the market in the rest of Canada, and soon opened its first restaurant in Nepean, Ontario. Shortly after, Cora also conquered other Ontario markets as well as markets in the Atlantic Provinces, Manitoba and Alberta. The result of franchising is impressive. The Cora chain now includes 130 restaurants across Canada, with additional restaurants opening their doors in the year to come. Today, the Cora network of restaurants serve 250,000 guests each week and is recognized as the leader in the breakfast industry in Canada. Would you like to join the Cora family? Find out about franchising opportunities http://www.chezcora.com/en/franchise-opportunities

"Top

#75 in Canada's Top franchises.

About Green Beans Coffee Company

The key to retail success and especially with respect to food retailing is location placement and customer traffic. Since the transaction sizes are small, the ability to stretch the wallet with more than a coffee drink, serve the best cup of coffee every time and provide a reason for repeat customer visits is essential for your success with Green Beans Coffee. Green Beans Coffee Offers * Premium Organic Coffee and Espresso beverages plus brew-at-home products * Tea beverages and brew-at-home products * A wide selection of ice drinks, smoothies, protein drinks, brewed coffee and other prepared beverages * Cookies and pastries, both fresh baked and prepared on-demand * Food menu: Breakfast made-to-order items and for lunch, wraps, paninis and sandwiches * 12 Years of cafe experience in multiple countries and varied cafe formats including extensive training and development of your operation and on-going support in product development, procurement, marketing and promotions and best practices. Green Beans Coffee Company got its start with, and has a unique dedication to, the troops of the United States military. Within our cafes at home and around the world, Green Beans Coffee offers the men and women of the U.S. Armed Forces the highest quality coffee and tea beverages in an inviting environment where soldiers, airmen, sailors and marines can relax and feel at home.