|
Below is an in-depth analysis and side-by-side comparison of Tin Drum Asia Cafe vs Sriracha House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $400,800 - $617,250 | $222,250 - $402,000 |
Franchise Fee | $49,000 - $99,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 1.5% | 1% |
Year Founded | 2003 | - |
Year Franchised | 0 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | 50% of franchise fee | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/Yes |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/Yes |
Receivables | -/- | No/Yes |
Payroll | -/- | No/Yes |
Training & Support |
||
Training | - | On-the-job training: 142 hours Classroom training: 23 hours |
Support | - | Toll-Free Line Online Support Site Selection |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. | - |
Expansion Plans |
||
US Expansion | No | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |