Lasaters Coffee & Tea vs Hurts Donut Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lasaters Coffee & Tea vs Hurts Donut Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$257,000 - $310,000 | $553,000 - $1,076,000 |
Franchise Fee |
$35,000 | $35,000 |
Royalty Fee |
0 | 7% |
Advertising Fee |
1% | 2% |
Year Founded |
2004 | 2013 |
Year Franchised |
2006 | 2014 |
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 |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
Ongoing | - |
Support |
- | - |
Marketing |
Local marketing to be approved
| - |
Operations |
Owner operators preferred, absentee ownership allowed
Currently 100% Owner operators | - |
Expansion Plans |
US Expansion |
- | Yes |
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 Hurts Donut Company
Who is Hurts Donut?! How did it get started?! Well, the running joke is that Tim said it would be cheaper to open a donut shop than support my donut addiction! November 17th 2013, THE DAY BEFORE WE OPENED, we made our very first donut! The VERY FIRST donut either of us had ever made and it was just twelve hours before we opened our doors to the public... (that's not a typo!) We learned how to make donuts on YOUTUBE, bought all of our equipment on Craigslist and didn't even know if any of it would turn on. (Irresponsible? Maybe... Crazy passionate, motivated and fearless attitude!! DEFINITELY!!)We had less than $7 left in our bank account when we opened the doors to the public, and now there are 16 stores in the US! (The best part is, we are just getting started!!)In 2016 and 2017 we won an award that makes me exceptionally emotional... Hurts Donut received the Economic Impact of the year award for 1-5 years in business. WE SHARED THE STAGE WITH BASS PRO AND PRIME TRUCKING!!! (Are you serious?!) Prime did 1.8 BILLION dollars in revenue last year. And our little donut shop, less than 4 years old, was honored on the SAME STAGE as the most incredible businesses in Springfield. Their stories inspirational beyond measure. How could we possibly be in such good company?! Never, in my wildest dreams, did I think we would be where we are today.I'm so astronomically in love and thankful for my husband who is intelligent, business minded, hard working and selfless. Tim attributes our growth to his diagnosis of multiple sclerosis, it was the start of our model for giving back to those in need. We truly, truly, believe that you get what you GIVE. So we promised ourselves whenever we get, we give!! I remember feeling misplaced years before this, my heart was built for giving and I could never give enough. This business has given us so much purpose and your support gives us the means to give back to the community in an unimaginable way. We have been able to share our blessings and help so many people in need. Franchising was absolutely terrifying to me. I'm so passionate about my business and I couldn't imagine anyone loving Hurts Donut the way I do!! Our franchises have brought amazing people close in my life!! It is the best thing, being able to call someone every day that can truly relate and understand my immense JOYS. They have by far exceeded our expectations and I am BEYOND proud of the hard work and success our franchisees have brought to our name!! I know every one of us will continue to pray and dream and work ourselves NUMB!! I owe the most colossal thank you to our outstanding employees, whose personalities are as colorful as the donuts in our case! Our over-willing managers and trainers who are so extremely talented and hard working! There's definitely a sense of family. Shout out to two very special employees, Misty and Ian who have been employed with us from day one and are still going strong today!! We started with SIX employees the day Hurts OG opened in Springfield!! Our Tulsa store sold 24,000 donuts opening day and had 112 employees the day they opened if that gives you an idea of how far we have come!!!