Rituals Coffee House vs Xing Fu Tang Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Rituals Coffee House vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Rituals Coffee House Franchise
Xing Fu Tang Franchise
Investment $100,000 - And Up$289,000 - $943,500
Franchise Fee $5,000 - $25,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 20032019
Year Franchised 20032020
Term Of Agreement 5 years with options-
Term Of Agreement 5 years with options-
Renewal Fee --


Business Experience Requirements
 
Rituals Coffee House Franchise
Xing Fu Tang Franchise
Experience --

Financing Options
 
Rituals Coffee House Franchise
Xing Fu Tang Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Rituals Coffee House Franchise
Xing Fu Tang Franchise
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 --
Marketing --
Operations Typically, a stand-alone layout requires 1,200 sq. ft. with parking.-

Expansion Plans
 
Rituals Coffee House Franchise
Xing Fu Tang Franchise
US Expansion -Yes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Rituals Coffee House

 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

About Xing Fu Tang

"Xing

The franchise that we offer is for a Xing Fu Tang business, a retail shop offering premium, Taiwanese-style boba or bubble tea beverages, featuring unique, stir fried, brown sugar tapioca pearls prepared according to a proprietary recipe, using high quality ingredients, and made fresh in front of the customer, and other menu items.

The initial investment necessary to begin operation of a Shop under a franchise agreement ranges from $289,000 to $673,500. This includes $135,000 to $160,000 that you must pay to the franchisor or its affiliates.
The initial investment necessary to begin operation of a Shop under a multi-unit development agreement depends on the number of Shops that you are authorized to develop and ranges from $404,000,000 to $943,500. This includes a development fees of $115,000 to 270,000 depending on the number of Shops that you are authorized to establish under the multi-unit development agreement.