Lasaters Coffee & Tea vs Waves Coffee House Franchise Comparison

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

Start-Up Costs and Fees

 
Lasaters Coffee & Tea Franchise
Waves Coffee House Franchise
Investment $257,000 - $310,000$300,000 - $350,000
Franchise Fee $35,000$25,000
Royalty Fee 06%
Advertising Fee 1%3%
Year Founded 20042004
Year Franchised 20062004
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 0-


Business Experience Requirements

 
Lasaters Coffee & Tea Franchise
Waves Coffee House Franchise
Experience $60,000-$90,000 in liquid capital, management/business ownership history-

Financing Options

 
Lasaters Coffee & Tea Franchise
Waves Coffee House Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Lasaters Coffee & Tea Franchise
Waves Coffee House Franchise
Training OngoingThe Waves training program takes approximately 5 weeks. 3 weeks in our Training Academy, and an extra 2 weeks in-store training in your newly opened location. Waves is committed to offering you excellent training in all areas of your operation so you may operate your location at projected high volume profits.
Support --
Marketing Local marketing to be approved -
Operations Owner operators preferred, absentee ownership allowed Currently 100% Owner operatorsOnce you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations.

Expansion Plans

 
Lasaters Coffee & Tea Franchise
Waves Coffee House Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Lasaters Coffee & Tea

If you'd like to start your own business, but simply do not have the experience or know-how to operate a successful operation, Lasaters Corporation may be able to help you open your own Lasaters Coffee & Tea Franchise. We manufacture many of our own high-quality products which ensures incredible quality control. We custom-roast our own coffees. We develop relationships with single-origin coffee growers in different regions in various countries. Our Franchisees do not get coffee that's been sitting on the shelf for weeks or months (or even years, like some of our national competitors). Our Franchisees order coffee - we roast it within 24 hours!Lasaters Corporation negotiates on behalf of their Franchisees. Many coffeehouse operators who are just getting started in the coffee industry experience the difficulties that surround opening and running a coffeehouse. From the freight costs, to the product research, there is a multitude of roads that can be taken. How do you negotiate better pricing than what your local distributor or wholesaler offers? How do you find out which product is more cost effective? Which road do you take? This is another benefit of owning a Lasaters Coffee & Tea Franchise! Our Franchisees need not negotiate with other vendors to try to minimize their costs - that is already done for you! What does it take to start a Lasaters Coffee & Tea Franchise? First, you will need to submit some basic information to verify you're ready to start franchising. Next, if you are approved, we will contact you for a meeting. The process is fairly quick and you may be on your way to opening your new Lasaters Coffee & Tea store within a matter of weeks!

About Waves Coffee House

So, you love coffee and have a dream of running your own business - but you don't know how to go about it? Becoming a Waves Coffee franchisee is one of Canada's smartest business opportunities - and probably your best business decision. You can fulfill your dream AND have the support of a reputable team with unrivaled experience and enthusiasm. Hottest Brand in Canada "Waves" is really changing the way to get into business. Why? Because we are passionate about two things: Our coffee and our people. We like to think Waves Coffee brings a different flavour to the immediate neighbourhood and that it stands out above others. Waves is in the business of meeting the needs of the community. We really care about our customers and the experience they have when they make a purchase from us. As a successful business you will need them to come back time and time again, and we can show you how to make sure they do. You will want to operate professionally, effectively and - most important - profitable, and with our help you can do that. We will assist in finding the best location for your new venture. We have the extensive operating experience and marketing knowhow to help get your business off the ground. We provide counsel and advice when you really need it, and give you access to a rapidly growing brand and trademark. Through our brand partners we can help you to benefit from our expanding purchasing power, and give you access to extensive training and support programs. Your success is very important to us and we will give you all the assistance we can to make sure it happens. Remember - we care about our people and our commitment to them is an important part of our - and ultimately your success.