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Below is an in-depth analysis and side-by-side comparison of Lasaters Coffee & Tea vs Buda Juice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $257,000 - $310,000 | $54,500 - $96,500 |
Franchise Fee | $35,000 | $30,000 |
Royalty Fee | 0 | 10% |
Advertising Fee | 1% | - |
Year Founded | 2004 | - |
Year Franchised | 2006 | - |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
Renewal Fee | 0 | $2,500 |
Business Experience Requirements |
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Experience | $60,000-$90,000 in liquid capital, management/business ownership history | Able to demonstrate previous management experience as well as the financial resources necessary to develop a market in order to qualify for a multi-unit franchise of over three stores. |
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 | Ongoing | *Classroom training at our corporate headquarters in Dallas, TX *Onsite training at one of our corporate stores *Opening assistance at your Buda Juice � store |
Support | - | Periodic visits will be made to your store(s) by our experienced field representatives to consult with you regarding operational procedures, customer relations, inventory control and any other areas in which you need assistance. Our entire staff, from field representatives to the CEO, is only a phone call away. |
Marketing | Local marketing to be approved | - |
Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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!
Because the Buda Juice concept is grab and go, the footprint is small, with most stores being only about 500 square feet. Initial capital investment and overhead are also low. The stores are kitchen-free, requiring minimum build-out, and only one or two juice ambassadors armed with an iPad or two to run smoothly. There are no produce orders or deliveries for you to handle and no messy blending or complicated recipes. We take care of all that for you at our centralized kitchen, ensuring maximum consistency and cost efficiencies for our franchisees. The end result for you is a high potential return on a small capital outlay. This is the beauty of the Buda Juice model....small and simple....kitchen-less, minimal staff - just one fridge full of modern French cut bottles that paint the store in rich, vibrant colors. And the model is easy to duplicate over and over again. We would love to have you be a part of the Buda success story. We'll make it easy for you....from helping you choose a site to marketing support to training, we'll give you what you need to make the Buda formula work for you. All you have to do is bring your passion and apply it to our simple business model. Ready to live and breathe the Buda Juice lifestyle? If so, we'd love to hear from you. We invite you to stop by one or several of our locations and experience Buda Juice firsthand to see why our customers keep coming back.