Cafe 2U vs Tastea Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cafe 2U vs Tastea including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Cafe 2U Franchise
Tastea Franchise
Investment $109,146 - $154,621$368,300 - $804,500
Franchise Fee $25,000$40,000
Royalty Fee $175/wk-
Advertising Fee --
Year Founded 20002013
Year Franchised 20052014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Cafe 2U Franchise
Tastea Franchise
Experience --

Financing Options
 
Cafe 2U Franchise
Tastea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Cafe 2U Franchise
Tastea Franchise
Training On-The-Job Training: 1 week Classroom Training: 1 week Additional Training: At Grand Opening-
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
Marketing Ad Templates -
Operations --

Expansion Plans
 
Cafe 2U Franchise
Tastea Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Cafe 2U

Cafe2U is an Australian-born company which expanded into the United States in 2012.

Cafe2U is a coffee house on wheels, delivering gourmet espresso drinks to workplaces where workers can't easily slip away for a gourmet coffee break.
Cafe2U is proud to have been the pioneer of the mobile coffee industry in Australia and around the world, launching its first cafe vehicle in Sydney in 2000.
The success experienced by our franchise partners by using our proven systems and processes have allowed Cafe2U to become the largest Mobile Coffee Franchise System in world with more than 245 franchises now operating is Australia, New Zealand, the UK, Ireland, South Africa, and the USA.

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.