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Below is an in-depth analysis and side-by-side comparison of Tin Drum Asia Cafe vs Mr. Pita including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $400,800 - $617,250 | $175,000 - $325,000 |
Franchise Fee | $49,000 - $99,000 | $35,000 |
Royalty Fee | 6% | - |
Advertising Fee | 1.5% | - |
Year Founded | 2003 | - |
Year Franchised | 0 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | 50% of franchise 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
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 |
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US Expansion | No | Yes |
Canada Expansion | - | - |
International Expansion | - | - |