Start-Up Costs and Fees |
||
| The Coffee Beanery | Tastea | |
| Investment | 112500 - 496100 | 368300 - 804500 |
| Franchise Fee | ||
| Royalty Fee | 4% | |
| Advertising Fee | 2% | |
| Year Founded | 1976 | 2013 |
| Year Franchised | 1985 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Coffee Beanery | Tastea | |
| Experience | General business experience Retail experience | |
Financing Options |
||
| The Coffee Beanery | Tastea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Coffee Beanery | Tastea | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | 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 |
||
| The Coffee Beanery | Tastea | |
| 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, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Coffee Beanery | |
| Tastea | |
| Franchise Fee | |
| The Coffee Beanery | |
| Tastea | |
| Royalty Fee | |
| The Coffee Beanery | 4% |
| Tastea | |
| Advertising Fee | |
| The Coffee Beanery | 2% |
| Tastea | |
| Year Founded | |
| The Coffee Beanery | 1976 |
| Tastea | 2013 |
| Year Franchised | |
| The Coffee Beanery | 1985 |
| Tastea | 2014 |
| Term Of Agreement | |
| The Coffee Beanery | 10-20 years |
| Tastea | |
| Renewal Fee | |
| The Coffee Beanery | 25% of initial fee |
| Tastea | |
Business Experience Requirements |
|
| Experience | |
| The Coffee Beanery | General business experience Retail experience |
| Tastea | |
Financing Options |
|
| Franchise Fees | |
| The Coffee Beanery | No |
| Tastea | No |
| Start-up Costs | |
| The Coffee Beanery | |
| Tastea | |
| Equipment | |
| The Coffee Beanery} | |
| Tastea | |
| Inventory | |
| The Coffee Beanery | |
| Tastea | |
| Receivables | |
| The Coffee Beanery | |
| Tastea | |
| Payroll | |
| The Coffee Beanery | |
| Tastea | |
Training & Support |
|
| Training | |
| The Coffee Beanery | |
| Tastea | |
| Support | |
| The Coffee Beanery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Tastea | |
| Marketing | |
| The Coffee Beanery | Co-op advertising, Ad slicks, National media |
| Tastea | |
| Operations | |
| 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) |
| Tastea | |
Expansion Plans |
|
| US Expansion | |
| 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, |
| Tastea | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| The Coffee Beanery | 0 |
| Tastea | |
| International Expansion | |
| The Coffee Beanery | |
| Tastea | |