|
Below is an in-depth analysis and side-by-side comparison of Second Cup vs The Coffee Office including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $300,000 - $500,000 | $100,000 - $500,000 |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 7.5% | - |
Advertising Fee | 2% | - |
Year Founded | 1975 | 2005 |
Year Franchised | 1975 | 2006 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Personality - You like making people feel good. You’re patient, understanding, easy to talk to and outgoing. Experience - You have at least 5 years of business management, retail or hospitality experience and a sound understanding of financials. Leadership - You can hire, train, organize and inspire a barista team to give their best efforts every day. | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | Yes | - |
International Expansion | Yes | - |
Second Cup Coffee Co.™ is Canada’s largest specialty coffee retailer. From our humble beginnings in 1975 as a kiosk in a shopping mall, selling only whole bean coffee, we have continued towards our goal of being the Canadian specialty coffee brand of choice. For us, that means putting coffee at the core of business, focusing on quality, innovation and creating an individual experience for our customers.
The Coffee Office is a professional business club in a setting built by business, for business. The Coffee Office franchise offers business professionals what coffee shop chains cannot: privacy, comfort and a full service business center. Business professionals remain productive with access to secure high-speed wireless service, copier, printer, scanner, fax, offices, board rooms and of course a gourmet caf� serving a specialty blend of coffee along with freshly baked muffins, home made soups and daily sandwich/salad specials. The Coffee Office is proud to be a company focused on a soft-sell approach that isn't about putting pressure on members. We want to establish an atmosphere where members and franchisees feel a part of a dynamic yet principled team. We are committed to assisting the SME's (small & medium enterprises) build their brands and their business acumen through their membership in The Coffee Office. We feel franchisees for The Coffee Office are people committed to serving the business world with integrity, fair pricing and top-notch service.