The Coffee Guy vs Tastea Franchise Comparison

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

Start-Up Costs and Fees

 
The Coffee Guy Franchise
Tastea Franchise
Investment $35,000 - And Up$368,300 - $804,500
Franchise Fee N/A$40,000
Royalty Fee --
Advertising Fee --
Year Founded 20052013
Year Franchised 20052014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
The Coffee Guy Franchise
Tastea Franchise
Experience If you like the idea of being part of a team that's fast-growing, energetic, friendly and fun, then you're in the right place!-

Financing Options

 
The Coffee Guy Franchise
Tastea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
The Coffee Guy Franchise
Tastea Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
The Coffee Guy Franchise
Tastea Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About The Coffee Guy

The Coffee Guy first popped the boot to deliver piping hot, delicious espresso direct to customers in June 2005. Since then, we've been keeping the coffee coming for workers and commuters all over NZ. And if you're at a music festival or local rugby club day, chances are we'll be there. To keep up with demand for our coffee, over 40 The Coffee Guy franchises were snapped up in just three years - by people looking for a lifestyle change and a business opportunity that stacks up.  Franchises are available in NZ and Australia, with flexible investment options available. Franchisee benefits: * At least $700 net profit per week, after three months - guaranteed * Simple, straightforward systems, with no experience necessary * You choose your hours and your income * Serious brand recognition and excellent marketing initiatives * Help growing your business with marketing tools tailored to you * Full training, easy application process and speedy start-up * Low investment opportunity
With a drive-thru set up on Shore Road in Remuera, Auckland and numerous businesses keen on having coffee delivered, the van was run ragged satisfying the coffee cravings of just one small Auckland suburb. The popularity of  The Coffee Guy amongst workers and commuters is matched only by the enthusiasm of keen Kiwis wanting to ditch their nine-to-five in search of something that offers a real work-life balance.

We established the first franchise in January 2006, and very quickly new vans began popping up around the country. The Coffee Guy network has since grown to become the largest mobile coffee franchise in New Zealand with over 29 franchisees in operation. Following the success of our mobile coffee van franchise system, we introduced fixed sites in 2012 with a drive-thru. While the format is slightly different, it still offers the same great menu that’s so popular amongst our loyal customers. It enjoys the same low overheads that make our franchise systems simple, low-risk, and easy-to-run.

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.