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Updated RecentlySpot Coffee vs Tea Lounge Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Spot Coffee vs Tea Lounge including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $250,000 - $500,000 | $140,750 - $243,750 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 2007 | 2000 |
| Year Franchised | 2012 | 2012 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | Yes |
Company Overviews
About Spot Coffee
SPoT Coffee has been designing, building and operating company-owned and franchise community cafés in the northeastern United Statesand Canada for over 25 years. SPoT's cafés provide their customers with the
highest quality service, signature made-to-order meals and award-winning
micro-roasted coffee.
Each SPoT café is distinctively designed to suit
the local neighbourhood, creating a warm and friendly gathering place
for the community. SPoT's commercial business focuses on the sale of
roasted coffee beans to food service and grocery chains, business
offices, and resellers such as universities and hospitals.