|
Below is an in-depth analysis and side-by-side comparison of Lasaters Coffee & Tea vs Solar Roast Coffee including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $257,000 - $310,000 | $260,350 - $344,000 |
Franchise Fee | $35,000 | $39,000 |
Royalty Fee | 0 | 7% |
Advertising Fee | 1% | Up to 2% |
Year Founded | 2004 | 2006 |
Year Franchised | 2006 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 0 | - |
Business Experience Requirements |
||
Experience | $60,000-$90,000 in liquid capital, management/business ownership history | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | Ongoing | 3-5 days of training at corp head quarters and up to 10 days of onsite training |
Support | - | Our Franchise Service Managers (FSM's) and Regional Marketing Managers (RMM's) are in place to provide you with the required assistance including: -An extensive field operations support team -Franchisee assistance with site selection -Comprehensive restaurant design specifications -Approved general contractors, equipment vendors, architectural services -Management and franchisee training programs -Extensive marketing: social media, email campaigns and grand opening events -A franchisee training center in our Pueblo Colorado corporate location -A culture that promotes a fun, engaging and sustainable environment |
Marketing | Local marketing to be approved | - |
Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | Yes |
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!
Solar Roast Coffee was established in 2007 by brothers Michael and David Hartkop, established on the idea of building a their own coffee roaster using solar power. Their quest was to produce the best tasting coffee ever created. In the years since Solar Roast Coffee has become the best coffeehouse in town!
They roast artisan batches of coffee using their patent pending technique called Solar Aroma Roasting.
Harnessing energy from the sun as well as implementing other green practices have earned them a Carbon Neutral Status.
The cafe features Fast, Fresh, Healthy menu. The best breakfast burrito you have ever had as well as gluten-free house-baked pastries, and other special dietary menu options to create offerings that anyone can choose from and enjoy.
Solar Roast Coffee is everybody's favorite cafe.
The unique blends create taste and sensory memories. Solar Roast Coffee stands above the competition with their brews having the smoothest coffee flavor possible.
At Solar Roast Coffee they "Let the coffee do the talking!"
Over the years Solar Roast Coffee has gained an extensive amount of marketing and PR because of our unique business. Over 400 million cups of coffee are sold in the US everyday and specialty coffee sales increased 20% last year.
NOW is the time to be in the Sustainable Coffee Business!