Moka House Coffee vs Tastea Franchise Comparison

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

Start-Up Costs and Fees
 
Moka House Coffee Franchise
Tastea Franchise
Investment $250,000 - $350,000$368,300 - $804,500
Franchise Fee $25,000$40,000
Royalty Fee --
Advertising Fee --
Year Founded -2013
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Moka House Coffee Franchise
Tastea Franchise
Experience --

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

Training & Support
 
Moka House Coffee Franchise
Tastea Franchise
Training The Franchisee/Owner will be required to successfully complete the training program for a minimum of two weeks. Training will take place at designated locations including training at the Franchisee/Owner's location. Additionally, the Franchisee/Owner will be provided with an Operations Manual.-
Support --
Marketing --
Operations --

Expansion Plans
 
Moka House Coffee Franchise
Tastea Franchise
US Expansion -Yes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Moka House Coffee

Moka House Coffee is a privately owned Western Canadian specialty coffee franchise system. "Franchisees" are hands-on owner/operators that are both personally and financially committed to their business. As a franchisee, you enjoy the many benefits of the Moka House System. Together we strive for maximized store performance and a superior customer service. What are the benefits of a Franchise?Moka House Coffee demonstrates that because our people, brands and partners are working together, we can exceed our Customers' expectations. The Moka House Coffee franchise system helps broaden and grow our brand name. Volume buying may allow discounted pricing from our suppliers, helping to drive profitable growth across all channels while optimizing efficiency and cost effectiveness. Our operational procedures are tried and true. Detailed operation manuals, excellent training and ongoing support add even more value to our franchise system.

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.