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Below is an in-depth analysis and side-by-side comparison of New World Coffee vs Village Juice Co. 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 | $373,000 - $750,425 |
Franchise Fee | $20,000 | $49,500 |
Royalty Fee | 5% | - |
Advertising Fee | 2.5%-4% | - |
Year Founded | 1987 | 2017 |
Year Franchised | 1990 | 2017 |
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 | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Full service bagel bakery - Manhattan Bagel. Upscale coffee bar/espresso - New World Coffee.