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Below is an in-depth analysis and side-by-side comparison of Starbucks Coffee vs Buda Juice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $54,500 - $96,500 |
Franchise Fee | N/A | $30,000 |
Royalty Fee | - | 10% |
Advertising Fee | - | - |
Year Founded | - | - |
Year Franchised | - | - |
Term Of Agreement | - | 10 years +10 |
Term Of Agreement | - | 10 years +10 |
Renewal Fee | - | $2,500 |
Business Experience Requirements |
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Experience | Have you got what it takes? Opening a Starbucks franchise is a great opportunity and it's also hard work. We want your commitment to the Starbucks brand and promise, so we are looking for people with the same passion for coffee and drive to deliver excellent service as we have! If you meet each of the below criteria, then we would like to talk to you about your Starbucks opportunity: *Have a passion for coffee and our brand. *Have current Food and Beverage experience and run your own multi-site business. *Have strong leadership skills and high standards of communication. *Want to operate multiple locations and have the infrastructure and backing to open 20 stores within the next 5 years. *Have liquid assets of at least £500,000 and can secure your own financing. *Will be an ambassador for the Starbucks brand in your local market. | Able to demonstrate previous management experience as well as the financial resources necessary to develop a market in order to qualify for a multi-unit franchise of over three stores. |
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 | The process to become a Starbucks franchisee involves attending a three-day workshop at the regional headquarters in Amsterdam | *Classroom training at our corporate headquarters in Dallas, TX *Onsite training at one of our corporate stores *Opening assistance at your Buda Juice � store |
Support | Our dedicated Starbucks team provides both initial and ongoing support in the form of store design, store development, training, marketing, performance measurement, operations and business consultation. The full range of Starbucks products is all part of the program, including the food range, in line with the size and format of your store. We will also provide you with the tools and manuals you require to successfully build and operate a Starbucks store. All of this allows you the opportunity to leverage the power of our global coffee brand to create your ideal store. Retail Design Experts We pride ourselves on innovation and our development experts have mastered the art of designing retail spaces that consistently leverage the power of the Starbucks brand. We will provide a Starbucks store layout that fits within your environment and supports your expected sales volume. Our business development team have proven process and skills in both opening and running a successful store therefore you'll receive the same support as one of our own retail stores. Operating store manuals to enable the smooth day to day management of the store, including product information health and safety requirements. Staff Training so that your store partners can become Coffee Masters, knowing the ins and outs of all things coffee as our store partners do. They'll also receive the right training to help deliver world class customer service. Innovative Marketing Support tailored to our retail coffee environment, aimed to set us apart from the competition, through up to date marketing solutions focused around our consumer insights. Supportive operations and business consultation to help set you up and maintain your store. Financial Information to support you where we can with Business Reviews conducted quarterly | Periodic visits will be made to your store(s) by our experienced field representatives to consult with you regarding operational procedures, customer relations, inventory control and any other areas in which you need assistance. Our entire staff, from field representatives to the CEO, is only a phone call away. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
Because the Buda Juice concept is grab and go, the footprint is small, with most stores being only about 500 square feet. Initial capital investment and overhead are also low. The stores are kitchen-free, requiring minimum build-out, and only one or two juice ambassadors armed with an iPad or two to run smoothly. There are no produce orders or deliveries for you to handle and no messy blending or complicated recipes. We take care of all that for you at our centralized kitchen, ensuring maximum consistency and cost efficiencies for our franchisees. The end result for you is a high potential return on a small capital outlay. This is the beauty of the Buda Juice model....small and simple....kitchen-less, minimal staff - just one fridge full of modern French cut bottles that paint the store in rich, vibrant colors. And the model is easy to duplicate over and over again. We would love to have you be a part of the Buda success story. We'll make it easy for you....from helping you choose a site to marketing support to training, we'll give you what you need to make the Buda formula work for you. All you have to do is bring your passion and apply it to our simple business model. Ready to live and breathe the Buda Juice lifestyle? If so, we'd love to hear from you. We invite you to stop by one or several of our locations and experience Buda Juice firsthand to see why our customers keep coming back.