Esquires Coffee House vs Xing Fu Tang Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Esquires Coffee House vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$250,000 - $350,000 | $289,000 - $943,500 |
Franchise Fee |
$25,000 | N/A |
Royalty Fee |
6% | - |
Advertising Fee |
4% | - |
Year Founded |
- | 2019 |
Year Franchised |
- | 2020 |
Term Of Agreement |
5 years | - |
Term Of Agreement |
5 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About Esquires Coffee House
Operating an Esquire Coffee House is a remarkable opportunity. The Esquires brand targets people looking for quality 100% Fair Trade coffee and a quality experience. Stores offer a relaxing environment where customers can read the latest international newspapers, have an informal meeting or watch the business news on plasma screen TV. Most outlets feature wi-fi 'hotspots' where people can log on to the internet from their own laptops and surf the web for free with any purchase. Depending on location, Esquires attracts business-people, shoppers, theatre-goers, tourists and other discerning customers.
Each outlet uses locally-roasted Fair Trade coffee beans and the latest in barista technology which ensures coffee is ground fresh for every cup, thereby maximising freshness and flavour. Esquires’ food menu offers a wider selection than other cafes as food is brought in rather than prepared on-site. This means no kitchens, lower costs and fewer staff. Margins are therefore high.
We are proudly local cafes, part of every community that we sit within.
Our teams walk the same streets you do, shop at the same shops, sit in
the same parks, admire the same views. But we draw on our global best
pour knowledge, to help us deliver the best cup of coffee in your
neighbourhood.
Our approach is that each cafe is a unique reflection of the community it
sits in. We love being a part of your community and creating the perfect
mix of our natural, fair and delicious coffee, with local passion and
care.
About Xing Fu Tang
The franchise that we offer is for a Xing Fu Tang business, a retail
shop offering premium, Taiwanese-style boba or bubble tea beverages,
featuring unique, stir fried, brown sugar tapioca pearls prepared
according to a proprietary recipe, using high quality ingredients, and
made fresh in front of the customer, and other menu items.
The initial investment necessary to begin operation of a Shop under a
franchise agreement ranges from $289,000 to $673,500. This includes
$135,000 to $160,000 that you must pay to the franchisor or its
affiliates.
The initial investment necessary to begin operation of a
Shop under a multi-unit development agreement depends on the number of
Shops that you are authorized to develop and ranges from $404,000,000 to
$943,500. This includes a development fees of $115,000 to 270,000
depending on the number of Shops that you are authorized to establish
under the multi-unit development agreement.