Lasaters Coffee & Tea vs Tea Lounge Franchise Comparison

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

Start-Up Costs and Fees

 
Lasaters Coffee & Tea Franchise
Tea Lounge Franchise
Investment $257,000 - $310,000$140,750 - $243,750
Franchise Fee $35,000$25,000
Royalty Fee 05%
Advertising Fee 1%1%
Year Founded 20042000
Year Franchised 20062012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 0-


Business Experience Requirements

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

Financing Options

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

Training & Support

 
Lasaters Coffee & Tea Franchise
Tea Lounge Franchise
Training Ongoing-
Support --
Marketing Local marketing to be approved -
Operations Owner operators preferred, absentee ownership allowed Currently 100% Owner operators-

Expansion Plans

 
Lasaters Coffee & Tea Franchise
Tea Lounge Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Tea Lounge