|
Below is an in-depth analysis and side-by-side comparison of Rituals Coffee House vs Coffee Bean & Tea Leaf including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $100,000 - And Up | $3,000,000 - $5,000,000 |
Franchise Fee | $5,000 - $25,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 1963 |
Year Franchised | 2003 | 1996 |
Term Of Agreement | 5 years with options | - |
Term Of Agreement | 5 years with options | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Sophisticated developers with a proven track record of success, with the experience, capabilities, and resources to grow the brand. Prospective franchisees should have experience in: Multi-unit retail or restaurant operations Franchise operations Commercial real estate |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | Rituals Coffee House will provide initial training for up to five individuals. The training consists of: Classroom sessions and existing in-store training. The classroom training is conducted at our corporate training center, and on-the-job training will take place at our company-owned locations. Additional on-site training in your store as you open is also provided. In addition to the training plan, each franchise will receive a complete library of training and procedural manuals. All updates, improvements, and corrections are provided on a continual basis. | - |
Support | - | We have an integrated supply chain with worldwide distribution capabilities, owning the process from seed to cup. Exclusive and proprietary recipes for beverages, pastries, and cafe meals are created by our product development team who ensures each item is crafted to our premium standards. Our real estate and development team assists in store design, stores specifications and construction. Our support team includes a dedicated Franchise Business Manager for day-to-day operations and ongoing support, as well as franchise trainers and training centers in Los Angeles, Kuala Lumpur and Singapore. |
Marketing | - | Our marketing team provides collateral, resources and guidance to increase brand visibility and help maintain the integrity of The Coffee Bean & Tea Leaf name while continuing to expand and strengthen the brand around the world. |
Operations | Typically, a stand-alone layout requires 1,200 sq. ft. with parking. | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
In November 1986 Mario Sabga-Aboud opened the first Burger Boys restaurant at 27 Frederick Street, Port-of-Spain. The success of this first restaurant was phenomenal and Mario asked himself 'what next?' The answer to that question was 'Pizza'. So two years later right next door to the first Burger Boys restaurant the first Pizza Boys restaurant opened for business in September 1988. Today, Pizza Boys is a powerful Group of Companies consisting of Wok 'n Roll, Imperial Gardens, Donut Boys, V.I.P Lounge, Vie de France, Captain D's, Church's Chicken and Rituals Coffee House. Today * A leader in the quick service industry in Trinidad and Tobago for over two decades * More than 1000 employees! * Great locations * 91 Business Units throughout Trinidad and Tobago * Commitment to high quality products * Multi-product business Tomorrow Since our first Cafe opened its doors in 2003, we have added 40 more outlets in Trinidad and Tobago and 15 more are planned. No stores have been closed since opening! Trinidadians and Tobagonians as well as our business, sport and leisure visitors can't get enough of Rituals. As we continue to grow, our franchising plan has opportunities for locations in * Grenada * St Lucia * Barbados * Jamaica * Antigua * St. Kitt's and Nevis * St. Vincent * St. Maarteen * Dominica * Bahamas * Bermuda * Turks and Caicos
Founded in 1963, The Coffee Bean & Tea Leaf is the oldest and largest privately-held chain of specialty coffee and tea stores in the United States. With a reputation for excellence, the company is known for its premium, handcrafted, flavorful beverages as well as product innovations including having developed The Original Ice Blended coffee beverage. Stores can be found worldwide in markets such as California, Arizona, Nevada, China, India, Korea, Singapore, Malaysia, Philippines, Indonesia, Israel, Egypt, UAE, Qatar, and Mexico - and continue to expand rapidly.
RETAIL Formats
Traditional Retail
Traditional street side locations and shopping malls represent the majority of The Coffee Bean & Tea Leaf cafes worldwide. Our retail design offers a modern, contemporary look coupled with a highly efficient back-of-house configuration. We have proven to be successful in locations big and small around the world.
Non-Traditional Retail
AIRPORTS
The Coffee Bean & Tea Leaf has over 40 airport locations around the world. We offer the traveler a premium specialty coffee and tea experience wherever they may be, and successfully operate both in-line and free-standing cafes in the airport and travel channels.
UNIVERSITY CAMPUSES
We have a growing number of locations on University Campuses. The Coffee Bean & Tea Leaf provides an environment for students and staff to work and socialize while enjoying our beverage and food offering.
MILITARY BASES
On Military Bases, We are proud to serve members of the United States military and their families.
STORE IN STORE
The Coffee Bean & Tea Leaf offers grocery shoppers Store in Store cafes and kiosks that provide our world class beverages as well as retail products available on grocery store shelves across the United States. For inquiries regarding wholesale distribution, please visit the For Business section of our website.
HOTELS & CASINOS