Ziggi's Coffee vs Tastea Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Ziggi's Coffee vs Tastea including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$190,500 - $1,237,608 | $368,300 - $804,500 |
Franchise Fee |
$40,000 | $40,000 |
Royalty Fee |
6% | - |
Advertising Fee |
1% | - |
Year Founded |
2004 | 2013 |
Year Franchised |
2016 | 2014 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
A training and support program with the success of our franchise family at the core. | - |
Marketing |
Grand opening kits, custom press releases, branded print collateral and social media set-up and assistance. | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Ziggi's Coffee
What started as a small coffee shop on the corner of Main Street in
downtown Longmont, Colorado in 2004, has since grown to multiple
drive-thru and coffeehouse locations across the U.S. From the beginning,
Ziggi’s mission has always been simple: Not only provide a superior cup
of coffee, but also superior service customers can rely on.
Because we started small, we know the value of building meaningful
connections with the local communities we are a part of.
With every
latte, cappuccino or sandwich, our growth will always help those around
us.
Ziggi's Coffee has developed a franchise program focused on the success
of our franchisees. With the same attention to detail that has gone into
creating the perfect cup of coffee, the Ziggi's Franchise opportunity
was created after over a decade of running successful coffee shops and
drive-thrus. Now, with a proven model, Ziggi's has developed a process
and system for you to duplicate that success by joining our amazing
family. We've built a strong local business presence that focuses on
community, product, and profitability.
Ziggi’s Coffee offers a coffeehouse model, a coffeehouse with a
drive-thru and a double-sided drive-thru. All models have unique
qualities; currently, Ziggi’s Coffee is mostly focused on the
development of its double-sided drive-thru model. This model serves only
drive-thru customers from a freestanding building in a smaller size of
approximately 250 to 500 square feet with no customer seating.
In 2019 the total investment necessary to begin operation of one Ziggi's Coffee
Shop Drive Thru franchise ranged from $214,200 to $1,026,200.
The total
investment necessary to begin operation of one Ziggi's Coffee Shop Café
with Drive Thru franchise ranged from $216,700 to $734,200.
The total
investment necessary to begin operation of one Ziggi's Coffee Shop Café
franchise ranged from $188,000 to $514,200. These include between
$52,500 and $53,200 that must be paid to the franchisor or its
affiliates. The franchisor may offer to qualified candidates the right
to acquire a 3-Pak to open three Ziggi's Coffee Shops. The total
investment noted above will apply to each type of Ziggi's Coffee Shop,
but the franchisee will pay an additional $50,000 at the time of the
signing of the Franchise Agreements, which amount is paid to the
franchisor.
#225 in Franchise 500 for 2021 Not in Franchise 500 for 2020
About 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.