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Below is an in-depth analysis and side-by-side comparison of Wheelys Cafe 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 | $3,000 - And Up | $150,000 - $350,000 |
Franchise Fee | N/A | $20,000 |
Royalty Fee | 0 | 5% |
Advertising Fee | - | 2.5%-4% |
Year Founded | 2013 | 1987 |
Year Franchised | 2013 | 1990 |
Term Of Agreement | - | 10 years +10 |
Term Of Agreement | - | 10 years +10 |
Renewal Fee | 0 | - |
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 | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
THIS IS NOT A FRANCHISE THIS IS A BUSINESS OPPORTUNITY
Start your own café on a bike. In 6 months, we've sold Wheelys in 60 countries. Wheelys is an all-in-one café on a bike.
Full service bagel bakery - Manhattan Bagel. Upscale coffee bar/espresso - New World Coffee.