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Below is an in-depth analysis and side-by-side comparison of Caribou Coffee Company vs Distinctly Tea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $223,840 - $939,995 | $160,000 - $230,000 |
Franchise Fee | $12,500 - $25,000 | $20,000 |
Royalty Fee | - | - |
Advertising Fee | - | - |
Year Founded | 1992 | 2003 |
Year Franchised | 2004 | 2009 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
Life is Short, Stay Awake for it
Caribou Coffee offers great opportunities to US and non-US developers. Multi-unit area development agreements for well-qualified franchisees, and single-unit license opportunities for specialty concessions, large retailers and institutions are available.
As a Caribou Coffee franchisee, you'll be:
* Part of the nation's second-largest specialty coffee company
* Treating your guests to the finest, freshest coffee on the planet
* Joining a world-class company supported by our outstanding training, operations, and marketing teams
As tea is the second most popular beverage in the world behind water, Distinctly Tea has available over 350 varieties to satisfy the full range of tastes that have developed. Commencing business in 2003 in Stratford Ontario, Peter Barker has developed a successful retail format and a thriving tea blending business that serves this growing segment of the beverage industry. Locations may also retail tea beverages by the cup if appropriate.