|
Below is an in-depth analysis and side-by-side comparison of New World Coffee vs Barista's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $150,000 - $350,000 | $14,000 - $168,000 |
Franchise Fee | $20,000 | $10,500 |
Royalty Fee | 5% | - |
Advertising Fee | 2.5%-4% | - |
Year Founded | 1987 | - |
Year Franchised | 1990 | - |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
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 |
||
US Expansion | Yes | No |
Canada Expansion | - | - |
International Expansion | Yes | - |
Full service bagel bakery - Manhattan Bagel. Upscale coffee bar/espresso - New World Coffee.
Headquartered in the Seattle, Washington area, Baristas Coffee Company was formed to create a national brand of drive-thru espresso stands. It is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas employs and promotes attractive female baristas trained to interact with the customer to maximize sales as well as prepare the finest beverages available.