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Below is an in-depth analysis and side-by-side comparison of First Watch Restaurants vs Green Beans Coffee Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $899,800 - $1,522,000 | $249,500 - $502,000 |
Franchise Fee | $45,000 - $80,000 | $25,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | up to 3% | 1%Nat'l + 1/2%Local |
Year Founded | 1983 | - |
Year Franchised | 1983 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Owner operated. Prior management experience in retail and food industry (Preferred) You have to be able to invest long hours to build and operate your business. |
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 | - | - |
Support | We work together with each franchisee to determine (1) the size of the development area of the market you are interested in pursuing, (2) the number of restaurants to be developed and (3) the schedule of openings. We also provide support in the areas of Real Estate site selection, training, marketing and a comprehensive Operations Manual. | - |
Marketing | - | Green Beans Coffee will supply Franchisee with a library of assets to choose from for marketing support including branding, product focused, new product introductions, seasonal offerings, grassroots and promotional print-ready artwork. |
Operations | - | Building local community is essential for success of your business and owning and operating your Green Beans Coffee Caf�. You must be present as you oversee and manage the training of your staff, greeting and thanking each customer for their support of your caf� and producing the top-notch products our customer's demand. Green Beans Coffee grants single franchises to full-time owner-operators. Standard hours are usually 6AM to 7PM Monday � Friday and 6AM to 5PM Saturday and Sunday. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
First Watch Restaurants was founded in 1983 in Pacific Grove, CA on the simple concept of putting customers first. In other words, we strive to provide unexpectedly extraordinary experiences everyday. It's all part of our "YOU FIRST" service philosophy - our commitment to doing whatever it takes to make our customers' visits memorable. First Watch Restaurants begin each day at the crack of dawn, slicing fresh fruits and vegetables, baking muffins and whipping up our French toast batter from scratch. We're committed to freshness using - some of the finest ingredients available - never compromising quality. First Watch Restaurants' unique Breakfast, Brunch and Lunch creations are freshly prepared to each order. When customers arrive, we welcome them with a pot of our coffee, complimentary newspapers and Wi-Fi Internet access. Today, First Watch Restaurants, Inc. is one of the largest privately owned, daytime-only restaurant companies in the country. Headquartered in Bradenton, FL, and operating more than 80 restaurants in 11 states, First Watch Restaurants offers something for everyone, from traditional Breakfast, Brunch and Lunch favorites to our signature creations. Business or pleasure, we take pride in meeting the special needs of our customers. If you have experience operating, managing or owning successful restaurants, are passionate about the First Watch Restaurants brand and truly want to succeed and be part of something fresh and unique, then you're just the kind of person we are looking for!
The key to retail success and especially with respect to food retailing is location placement and customer traffic. Since the transaction sizes are small, the ability to stretch the wallet with more than a coffee drink, serve the best cup of coffee every time and provide a reason for repeat customer visits is essential for your success with Green Beans Coffee. Green Beans Coffee Offers * Premium Organic Coffee and Espresso beverages plus brew-at-home products * Tea beverages and brew-at-home products * A wide selection of ice drinks, smoothies, protein drinks, brewed coffee and other prepared beverages * Cookies and pastries, both fresh baked and prepared on-demand * Food menu: Breakfast made-to-order items and for lunch, wraps, paninis and sandwiches * 12 Years of cafe experience in multiple countries and varied cafe formats including extensive training and development of your operation and on-going support in product development, procurement, marketing and promotions and best practices. Green Beans Coffee Company got its start with, and has a unique dedication to, the troops of the United States military. Within our cafes at home and around the world, Green Beans Coffee offers the men and women of the U.S. Armed Forces the highest quality coffee and tea beverages in an inviting environment where soldiers, airmen, sailors and marines can relax and feel at home.