Presse Cafe vs Tastea Franchise Comparison

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

Start-Up Costs and Fees
 
Presse Cafe Franchise
Tastea Franchise
Investment $200,000 - $400,000$368,300 - $804,500
Franchise Fee $35,000$40,000
Royalty Fee --
Advertising Fee --
Year Founded 19962013
Year Franchised 19962014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Presse Cafe Franchise
Tastea Franchise
Experience --

Financing Options
 
Presse Cafe Franchise
Tastea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Presse Cafe Franchise
Tastea Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Presse Cafe Franchise
Tastea Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Presse Cafe

Are you dynamic and ambitious? Have you been dreaming of managing your own business, enjoying an interesting income and the advantages of being an entrepreneur? Presse Cafe undoubtedly offers you the opportunity to do so. Here is a brief overview of what acquiring a Presse Cafe means in terms of investment, value and support: * Average cost of a Presse Cafe franchise: between $200,000 and $400,000 * Minimum investment required: 35% of the project's cost * Franchise fee: $35,000 * Detail of the Franchise Fee: * The right to use the Presse Cafe name and logo * Assistance with the site selection * Assistance with the lease negotiations * Preparation of a personalized business plan * Assistance with the financial procedures * Preparation of legal documents * Assistance with the elaboration of the accommodation plan * Equipment order * Training of the franchisee and his team on sales, management, and operational methods pertaining to the exploitation of the Presse Cafe branch. * Promotional plan and assistance with the opening of the branch. * Assistance and presence during the first weeks of operations. If you have other questions or if you wish to schedule an appointment with us to discuss business opportunities offered by Les Cafes V.P., please do not hesitate contacting Mr. Rene Rivard by email at [email protected] or by phone at 1 888 395 2354 extension 229. Do not forget to leave your name and address. He will be more than glad to assist you and to answer to all your questions.

About Tastea

"Tastea
The Tastea dream is a reality. We continue to push the envelope with new drinks and flavors -- constantly creating and searching for new ways to make people smile. But at the same time, we still serve the classics that so many of our customers love, from Thai Iced Tea to Green Milk to Taro Milk Tea and more. The center of the Tastea experience is our unique tea bar, where customers can hang out with friends and make some new ones, all while enjoying the most refreshing treat around.

Under the Single Tastea Tea Bar Program, you will sign a Franchise Agreement to operate a single Tastea Tea Bar. The franchisor estimates your total initial investment to begin operations of a single Tastea Tea Bar will range from approximately $368,300 to $654,500. Included in the estimate is $74,500 to $80,500 that must be paid to the franchisor or their affiliate which is comprised of the Initial Franchise Fee of $40,000 and $34,500 to $40,500 in fees and expenditures.
Under the Area Development Program, the franchisor assigns a defined area within which you must develop and operate a minimum of three Tastea Tea Bars within a specified period of time. If you sign an Area Development Agreement, the franchisor estimates your total initial investment will range from $428,300 to $804,500. Included in the estimate is $134,500 to $230,500 that you must pay to the franchisor or their affiliate which is comprised of the Development Fee of $100,000 (for 3 units) to $190,000 (for 6 units) and $34,500 to $40,500 in fees and expenditures for your first Tastea Tea Bar unit.