Start-Up Costs and Fees |
||
| Tapioca Express | The Coffee Beanery | |
| Investment | 200000 - 420000 | 112500 - 496100 |
| Franchise Fee | 0 | |
| Royalty Fee | $0.055/cup | 4% |
| Advertising Fee | 2% | |
| Year Founded | 1999 | 1976 |
| Year Franchised | 2000 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tapioca Express | The Coffee Beanery | |
| Experience | Industry experience General business experience Marketing skills | General business experience Retail experience |
Financing Options |
||
| Tapioca Express | The Coffee Beanery | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Tapioca Express | The Coffee Beanery | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, National media |
| Operations | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 17 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
||
| Tapioca Express | The Coffee Beanery | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tapioca Express | |
| The Coffee Beanery | |
| Franchise Fee | |
| Tapioca Express | |
| The Coffee Beanery | |
| Royalty Fee | |
| Tapioca Express | $0.055/cup |
| The Coffee Beanery | 4% |
| Advertising Fee | |
| Tapioca Express | |
| The Coffee Beanery | 2% |
| Year Founded | |
| Tapioca Express | 1999 |
| The Coffee Beanery | 1976 |
| Year Franchised | |
| Tapioca Express | 2000 |
| The Coffee Beanery | 1985 |
| Term Of Agreement | |
| Tapioca Express | |
| The Coffee Beanery | 10-20 years |
| Renewal Fee | |
| Tapioca Express | $3K for 2 years |
| The Coffee Beanery | 25% of initial fee |
Business Experience Requirements |
|
| Experience | |
| Tapioca Express | Industry experience General business experience Marketing skills |
| The Coffee Beanery | General business experience Retail experience |
Financing Options |
|
| Franchise Fees | |
| Tapioca Express | No |
| The Coffee Beanery | No |
| Start-up Costs | |
| Tapioca Express | |
| The Coffee Beanery | |
| Equipment | |
| Tapioca Express} | |
| The Coffee Beanery | |
| Inventory | |
| Tapioca Express | |
| The Coffee Beanery | |
| Receivables | |
| Tapioca Express | |
| The Coffee Beanery | |
| Payroll | |
| Tapioca Express | |
| The Coffee Beanery | |
Training & Support |
|
| Training | |
| Tapioca Express | |
| The Coffee Beanery | |
| Support | |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| The Coffee Beanery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| The Coffee Beanery | Co-op advertising, Ad slicks, National media |
| Operations | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators |
| The Coffee Beanery | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 17 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Tapioca Express | |
| The Coffee Beanery | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Tapioca Express | |
| The Coffee Beanery | 0 |
| International Expansion | |
| Tapioca Express | |
| The Coffee Beanery | |