Orion Food Systems vs Tastea Franchise Comparison

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

Start-Up Costs and Fees
 
Orion Food Systems Franchise
Tastea Franchise
Investment $59,500 - $140,000$368,300 - $804,500
Franchise Fee N/A$40,000
Royalty Fee --
Advertising Fee --
Year Founded 19822013
Year Franchised 19932014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Orion Food Systems Franchise
Tastea Franchise
Experience --

Financing Options
 
Orion Food Systems Franchise
Tastea Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/Yes-/-
Equipment Yes/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Orion Food Systems Franchise
Tastea Franchise
Training On-The-Job Training: 45 hours Classroom Training: 9.5 hours -
Support Ongoing Support Newsletter Toll-Free Line Grand Opening Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates Regional Advertising Social media Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 -

Expansion Plans
 
Orion Food Systems Franchise
Tastea Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Orion Food Systems

"Orion

Orion Food Systems franchises a variety of quick-service brands that place locations within nontraditional locations such as convenience stores, hospitals, colleges, sports arenas, shopping centers, airports and military bases. Brands include Hot Stuff Pizza, Gourmet Grub, Chopz, and Chix Chicken.

Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

#228 in Franchise 500 for 2020.


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.