Coffee Culture vs Tastea Franchise Comparison

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

Start-Up Costs and Fees
 
Coffee Culture Franchise
Tastea Franchise
Investment $70,000 - $140,000$368,300 - $804,500
Franchise Fee $3,000$40,000
Royalty Fee --
Advertising Fee --
Year Founded -2013
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Coffee Culture Franchise
Tastea Franchise
Experience --

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

Training & Support
 
Coffee Culture Franchise
Tastea Franchise
Training During the construction process, you will undergo one week of classroom training at our training facility in Mississauga and two weeks hands-on training at an established Coffee Culture location. As you open your store, we'll be with you for two more weeks. This training will cover all aspects of running your restaurant including: Food preparation; ordering inventory; review of operations manuals, hiring assistance, marketing and accounting.-
Support --
Marketing Our Marketing Department will create initiatives to assist you in a grand opening and produce promotional materials to help build on the Coffee Culture brand. We provide ongoing marketing programs to assist in driving sales.-
Operations --

Expansion Plans
 
Coffee Culture Franchise
Tastea Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Coffee Culture

At Coffee Culture we are experienced in the hospitality marketplace. Together we have vast experience in operations, marketing and franchising. The result of our efforts you will see in any Coffee Culture Eatery. We are a meeting place for old and new friends. Our model is an Old World coffee house where customers make it a frequent location for conversation and relaxation. We are a place for all ages and occupations from retired seniors to active shoppers and business people. Our development team is always seeking new locations for sites (with building atmosphere wherever possible). Coffee Culture is in big city suburbs to downtown locations in smaller centers. Becoming a Coffee Culture franchise owner is easy and simple. Our team will help you set up your store and make sure that it is ready for success. We assist with site selection and training, as well as marketing and advertising. You are more than welcome to own more than one Coffee Culture location, depending on your finances, your initial location's performance, and your geography.

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.