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Updated RecentlyNew World Coffee vs Jazen Tea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of New World Coffee vs Jazen 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 | $150,000 - $350,000 | $186,600 - $339,730 |
| Franchise Fee | $20,000 | $15,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 2.5%-4% | 2% |
| Year Founded | 1987 | 2012 |
| Year Franchised | 1990 | 2013 |
| Term Of Agreement | 10 years +10 | - |
| Term Of Agreement | 10 years +10 | - |
| 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 | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 50 hours Classroom Training: 40 hours |
| Support | Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Average Number of Employees: 3 Full-time, 5 Part-time Passive Ownership: Allowed | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About New World Coffee
Full service bagel bakery - Manhattan Bagel. Upscale coffee bar/espresso - New World Coffee.
About Jazen Tea
Jazen Tea was founded in San Jose, California in 2012. Now Jazen Tea operates 18 locations internationally. The company was founded on the simple principal that real fruits and fresh ingredients are the foundation for the best tasting fruit teas, never a powder mix. Our simple yet sound business model has helped us thrive in the expanding fruit and boba tea industry.