Start-Up Costs and Fees |
||
| Playday Cafe | Tapioca Express | |
| Investment | 346000 - 490000 | 200000 - 420000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $0.055/cup |
| Advertising Fee | 1% | |
| Year Founded | 0 | 1999 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Playday Cafe | Tapioca Express | |
| Experience | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. | Industry experience General business experience Marketing skills |
Financing Options |
||
| Playday Cafe | Tapioca Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Playday Cafe | Tapioca Express | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators | |
Expansion Plans |
||
| Playday Cafe | Tapioca Express | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Playday Cafe | |
| Tapioca Express | |
| Franchise Fee | |
| Playday Cafe | |
| Tapioca Express | |
| Royalty Fee | |
| Playday Cafe | 6% |
| Tapioca Express | $0.055/cup |
| Advertising Fee | |
| Playday Cafe | 1% |
| Tapioca Express | |
| Year Founded | |
| Playday Cafe | 0 |
| Tapioca Express | 1999 |
| Year Franchised | |
| Playday Cafe | 0 |
| Tapioca Express | 2000 |
| Term Of Agreement | |
| Playday Cafe | 10 years |
| Tapioca Express | |
| Renewal Fee | |
| Playday Cafe | |
| Tapioca Express | $3K for 2 years |
Business Experience Requirements |
|
| Experience | |
| Playday Cafe | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. |
| Tapioca Express | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Playday Cafe | |
| Tapioca Express | |
| Start-up Costs | |
| Playday Cafe | |
| Tapioca Express | |
| Equipment | |
| Playday Cafe} | |
| Tapioca Express | |
| Inventory | |
| Playday Cafe | |
| Tapioca Express | |
| Receivables | |
| Playday Cafe | |
| Tapioca Express | |
| Payroll | |
| Playday Cafe | |
| Tapioca Express | |
Training & Support |
|
| Training | |
| Playday Cafe | |
| Tapioca Express | |
| Support | |
| Playday Cafe | |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Playday Cafe | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Playday Cafe | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators |
Expansion Plans |
|
| US Expansion | |
| Playday Cafe | |
| Tapioca Express | |
| Canada Expansion | |
| Playday Cafe | |
| Tapioca Express | |
| International Expansion | |
| Playday Cafe | |
| Tapioca Express | |