Aroma Espresso Bar vs Tastea Franchise Comparison

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

Start-Up Costs and Fees
 
Aroma Espresso Bar Franchise
Tastea Franchise
Investment $527,500 - $1,495,000$368,300 - $804,500
Franchise Fee $55,000$40,000
Royalty Fee 7%-
Advertising Fee --
Year Founded -2013
Year Franchised -2014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Aroma Espresso Bar Franchise
Tastea Franchise
Experience

We are seeking franchise candidates who demonstrate a commitment to the aroma espresso bar brand values, help maintain and improve the quality of our products, provide excellent customer service, and strengthen our brand name and company standards. Previous experience in the food service or management industry is welcome, but not required.

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

Training & Support
 
Aroma Espresso Bar Franchise
Tastea Franchise
Training Previous experience in the food service or management industry is welcome, but not required. aroma espresso bar’s comprehensive training program attempts to ensure all our franchise partners are confident in their own abilities to run a successful franchise upon completion.-
Support --
Marketing --
Operations --

Expansion Plans
 
Aroma Espresso Bar Franchise
Tastea Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Aroma Espresso Bar

Franchise partners play a significant role in the success of Aroma Espresso Bar. As we continue to expand, the need for responsible, driven, and passionate business people to join our family of franchise partners grows.

If you are interested in becoming an Aroma Espresso Bar franchise partner, please read the information provided to gain a better understanding of our franchise process, from initial application to grand opening.

Our values at Aroma Espresso Bar have helped ensure our success in Canada since our inception in 2007.




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.