| ||||
Updated RecentlyBiggby Coffee vs Lasaters Coffee & Tea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Biggby Coffee vs Lasaters Coffee & Tea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $189,550 - $378,600 | $257,000 - $310,000 |
| Franchise Fee | $20,000 | $35,000 |
| Royalty Fee | 6% | 0 |
| Advertising Fee | 3% | 1% |
| Year Founded | 1994 | 2004 |
| Year Franchised | 1999 | 2006 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $3000 | 0 |
Business Experience Requirements |
||
| Experience | - | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | As a new franchisee, you will participate in one of the most comprehensive training programs in the industry. You will start by attending 3 weeks of comprehensive classroom training that covers coffee and tea, our menu, managing a successful cafe, human resources, and much more. Upon completion, you'll spend an additional 3 weeks in your market (whenever possible) working directly in a cafe. Prior to opening your doors, we will help train your staff and assist you in all aspects of opening your store. On-The-Job Training: 144 hours Classroom Training: 86 hours Additional Training: On-the-job training | Ongoing |
| Support | All throughout the franchise process, you will have the ongoing support and expertise of our staff. This comes in many forms of assistance: site selection, lease negotiation, business plan format and wording, build out and equipment recommendations, etc...Once open, you then have access to numerous support programs ranging from quarterly visits, mystery shops, customer surveys, our Franchise Resource Center and many other things, including ongoing contact with our staff and support team. Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | BIGGBY COFFEE has an annual promotions calendar for in-store marketing of beverages, food items and merchandise - all designed to grab your customer's attention. BIGGBY also designs and develops advertising materials for direct mail, billboards and print media, as well as radio commercials. BIGGBY's Marketing Department is also available to answer questions, assist you through your Grand Opening and help design and develop custom programs to expand your customer base and increase your sales. Co-op Advertising Ad Templates Regional Advertising Social media Email marketing Loyalty program/app | Local marketing to be approved |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Biggby Coffee
So, what do you want to B?
Some people believe the answer to that question is not to be found in a single career choice. Their response to that question might be something like:
I want to be a person with the courage to follow my dreams.
I want to own my own business and be my own boss.
I want to bring some happiness into the world.
If you answer in a similar fashion, then landing on this page is no accident. For you, life is a work in progress; a regular exploration of new opportunities; a world filled with possibility. You believe in the power of hard work, persistence, and dreams. The personal and professional evolution of entrepreneurial people is so cool. They are the rare people on the planet who embrace this fundamental truth:
You can B whatever you want to B
If you'd like to B part of a growing and innovative industry, in a culture of energy and fun, look no further than BIGGBY Coffee, formerly known as Beaner's Coffee. You're in the right place.
Seeking new franchisees in Alabama, Florida, Georgia, Illinois, Indiana, Michigan, North Carolina, Ohio, South Carolina, Texas, Wisconsin and Asia
About Lasaters Coffee & Tea
If you'd like to start your own business, but simply do not have the experience or know-how to operate a successful operation, Lasaters Corporation may be able to help you open your own Lasaters Coffee & Tea Franchise. We manufacture many of our own high-quality products which ensures incredible quality control. We custom-roast our own coffees. We develop relationships with single-origin coffee growers in different regions in various countries. Our Franchisees do not get coffee that's been sitting on the shelf for weeks or months (or even years, like some of our national competitors). Our Franchisees order coffee - we roast it within 24 hours!Lasaters Corporation negotiates on behalf of their Franchisees. Many coffeehouse operators who are just getting started in the coffee industry experience the difficulties that surround opening and running a coffeehouse. From the freight costs, to the product research, there is a multitude of roads that can be taken. How do you negotiate better pricing than what your local distributor or wholesaler offers? How do you find out which product is more cost effective? Which road do you take? This is another benefit of owning a Lasaters Coffee & Tea Franchise! Our Franchisees need not negotiate with other vendors to try to minimize their costs - that is already done for you! What does it take to start a Lasaters Coffee & Tea Franchise? First, you will need to submit some basic information to verify you're ready to start franchising. Next, if you are approved, we will contact you for a meeting. The process is fairly quick and you may be on your way to opening your new Lasaters Coffee & Tea store within a matter of weeks!