Start-Up Costs and Fees |
||
| Tapioca Express | P.J.'s Coffee | |
| Investment | 200000 - 420000 | 173275 - 582000 |
| Franchise Fee | 0 | |
| Royalty Fee | $0.055/cup | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1999 | 1978 |
| Year Franchised | 2000 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tapioca Express | P.J.'s Coffee | |
| Experience | Industry experience General business experience Marketing skills | A minimum of $75,000 in liquid capital (available cash) and at least $300,000 in net worth. In addition, you must be able to dedicate the necessary time to evaluate the franchise system with an executive in order to make a decision within four to eight weeks. |
Financing Options |
||
| Tapioca Express | P.J.'s Coffee | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tapioca Express | P.J.'s Coffee | |
| Training | On-The-Job Training: 113 hours Classroom Training: 23 hours | |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators | The general operating hours of a PJ's Coffee are from 6 a.m. to 9 p.m. The average PJ's Coffee staff consists of 12 - 16 part-time employees total, with a minimum of two or three per shift. |
Expansion Plans |
||
| Tapioca Express | P.J.'s Coffee | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tapioca Express | |
| P.J.'s Coffee | |
| Franchise Fee | |
| Tapioca Express | |
| P.J.'s Coffee | |
| Royalty Fee | |
| Tapioca Express | $0.055/cup |
| P.J.'s Coffee | 5% |
| Advertising Fee | |
| Tapioca Express | |
| P.J.'s Coffee | 2% |
| Year Founded | |
| Tapioca Express | 1999 |
| P.J.'s Coffee | 1978 |
| Year Franchised | |
| Tapioca Express | 2000 |
| P.J.'s Coffee | 1989 |
| Term Of Agreement | |
| Tapioca Express | |
| P.J.'s Coffee | 10 years +10 +10 |
| Renewal Fee | |
| Tapioca Express | $3K for 2 years |
| P.J.'s Coffee | |
Business Experience Requirements |
|
| Experience | |
| Tapioca Express | Industry experience General business experience Marketing skills |
| P.J.'s Coffee | A minimum of $75,000 in liquid capital (available cash) and at least $300,000 in net worth. In addition, you must be able to dedicate the necessary time to evaluate the franchise system with an executive in order to make a decision within four to eight weeks. |
Financing Options |
|
| Franchise Fees | |
| Tapioca Express | No |
| P.J.'s Coffee | No |
| Start-up Costs | |
| Tapioca Express | |
| P.J.'s Coffee | |
| Equipment | |
| Tapioca Express} | |
| P.J.'s Coffee | |
| Inventory | |
| Tapioca Express | |
| P.J.'s Coffee | |
| Receivables | |
| Tapioca Express | |
| P.J.'s Coffee | |
| Payroll | |
| Tapioca Express | |
| P.J.'s Coffee | |
Training & Support |
|
| Training | |
| Tapioca Express | |
| P.J.'s Coffee | On-The-Job Training: 113 hours Classroom Training: 23 hours |
| Support | |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| P.J.'s Coffee | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| P.J.'s Coffee | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators |
| P.J.'s Coffee | The general operating hours of a PJ's Coffee are from 6 a.m. to 9 p.m. The average PJ's Coffee staff consists of 12 - 16 part-time employees total, with a minimum of two or three per shift. |
Expansion Plans |
|
| US Expansion | |
| Tapioca Express | |
| P.J.'s Coffee | |
| Canada Expansion | |
| Tapioca Express | |
| P.J.'s Coffee | 0 |
| International Expansion | |
| Tapioca Express | |
| P.J.'s Coffee | |