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Below is an in-depth analysis and side-by-side comparison of Wheelys Cafe vs Tea Lounge 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 | $140,750 - $243,750 |
| Franchise Fee | N/A | $25,000 |
| Royalty Fee | 0 | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 2013 | 2000 |
| Year Franchised | 2013 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
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.