Second Cup vs Tea Lounge Franchise Comparison

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

Start-Up Costs and Fees

 
Second Cup Franchise
Tea Lounge Franchise
Investment $300,000 - $500,000$140,750 - $243,750
Franchise Fee $25,000$25,000
Royalty Fee 7.5%5%
Advertising Fee 2%1%
Year Founded 19752000
Year Franchised 19752012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Second Cup Franchise
Tea Lounge Franchise
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

 
Second Cup Franchise
Tea Lounge Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Second Cup Franchise
Tea Lounge Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Second Cup Franchise
Tea Lounge Franchise
US Expansion -Yes
Canada Expansion Yes-
International Expansion YesYes

Company Overviews

About Second Cup

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.

In addition to coffee-based beverages, Second Cup cafés carry a variety of complimentary products, including fresh locally baked goods and Better For You smoothies. Recently, we’ve introduced Pinkberry® frozen yogurt into cafés across the country and Second Cup has the exclusive rights to this category in Canada.


"Top

#49 in Canada's Top franchises.

About Tea Lounge