Start-Up Costs and Fees |
||
| Lasaters Coffee & Tea | Distinctly Tea | |
| Investment | 257000 - 310000 | 160000 - 230000 |
| Franchise Fee | ||
| Royalty Fee | 0 | |
| Advertising Fee | 1% | |
| Year Founded | 2004 | 2003 |
| Year Franchised | 2006 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lasaters Coffee & Tea | Distinctly Tea | |
| Experience | $60,000-$90,000 in liquid capital, management/business ownership history | |
Financing Options |
||
| Lasaters Coffee & Tea | Distinctly Tea | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lasaters Coffee & Tea | Distinctly Tea | |
| Training | Ongoing | |
| Support | ||
| Marketing | Local marketing to be approved | |
| Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | |
Expansion Plans |
||
| Lasaters Coffee & Tea | Distinctly Tea | |
| US Expansion | ||
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Franchise Fee | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Royalty Fee | |
| Lasaters Coffee & Tea | 0 |
| Distinctly Tea | |
| Advertising Fee | |
| Lasaters Coffee & Tea | 1% |
| Distinctly Tea | |
| Year Founded | |
| Lasaters Coffee & Tea | 2004 |
| Distinctly Tea | 2003 |
| Year Franchised | |
| Lasaters Coffee & Tea | 2006 |
| Distinctly Tea | 2009 |
| Term Of Agreement | |
| Lasaters Coffee & Tea | 10 years |
| Distinctly Tea | |
| Renewal Fee | |
| Lasaters Coffee & Tea | 0 |
| Distinctly Tea | |
Business Experience Requirements |
|
| Experience | |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
| Distinctly Tea | |
Financing Options |
|
| Franchise Fees | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Start-up Costs | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Equipment | |
| Lasaters Coffee & Tea} | |
| Distinctly Tea | |
| Inventory | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Receivables | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Payroll | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
Training & Support |
|
| Training | |
| Lasaters Coffee & Tea | Ongoing |
| Distinctly Tea | |
| Support | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Marketing | |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Distinctly Tea | |
| Operations | |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
| Distinctly Tea | |
Expansion Plans |
|
| US Expansion | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |
| Canada Expansion | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Lasaters Coffee & Tea | |
| Distinctly Tea | |