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Below is an in-depth analysis and side-by-side comparison of Forbidden Flavours 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 | $150,000 - $250,000 | $140,750 - $243,750 |
Franchise Fee | $25,000 - $30,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1998 | 2000 |
Year Franchised | 2001 | 2012 |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | Yes |
Being established since 1998 offers the experience and knowledge needed in the fresh roasted coffee industry. You can come to expect many benefits of being a Franchisee with our knowledgeable and dedicated Management Team. The Forbidden Flavours program offers a formula for success: � A proven history of successful Franchises � Fresh top quality products � Assistance with site selection and lease negotiation � 2 weeks of training by our Unit Opening Team � On going Field and Operational Support � Toll Free telephone assistance � Assistance with obtaining bank financing through provided business plans, inventory lists etc.