Start-Up Costs and Fees |
||
| Waves Coffee House | P.J.'s Coffee | |
| Investment | 300000 - 350000 | 173275 - 582000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 3% | 2% |
| Year Founded | 2004 | 1978 |
| Year Franchised | 2004 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Waves Coffee House | P.J.'s Coffee | |
| Experience | 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 |
||
| Waves Coffee House | P.J.'s Coffee | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Waves Coffee House | P.J.'s Coffee | |
| Training | The Waves training program takes approximately 5 weeks. 3 weeks in our Training Academy, and an extra 2 weeks in-store training in your newly opened location. Waves is committed to offering you excellent training in all areas of your operation so you may operate your location at projected high volume profits. | On-The-Job Training: 113 hours Classroom Training: 23 hours |
| Support | 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Once you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations. | 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 |
||
| Waves Coffee House | P.J.'s Coffee | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Waves Coffee House | |
| P.J.'s Coffee | |
| Franchise Fee | |
| Waves Coffee House | |
| P.J.'s Coffee | |
| Royalty Fee | |
| Waves Coffee House | 6% |
| P.J.'s Coffee | 5% |
| Advertising Fee | |
| Waves Coffee House | 3% |
| P.J.'s Coffee | 2% |
| Year Founded | |
| Waves Coffee House | 2004 |
| P.J.'s Coffee | 1978 |
| Year Franchised | |
| Waves Coffee House | 2004 |
| P.J.'s Coffee | 1989 |
| Term Of Agreement | |
| Waves Coffee House | |
| P.J.'s Coffee | 10 years +10 +10 |
| Renewal Fee | |
| Waves Coffee House | |
| P.J.'s Coffee | |
Business Experience Requirements |
|
| Experience | |
| Waves Coffee House | |
| 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 | |
| Waves Coffee House | |
| P.J.'s Coffee | |
| Start-up Costs | |
| Waves Coffee House | |
| P.J.'s Coffee | |
| Equipment | |
| Waves Coffee House} | |
| P.J.'s Coffee | |
| Inventory | |
| Waves Coffee House | |
| P.J.'s Coffee | |
| Receivables | |
| Waves Coffee House | |
| P.J.'s Coffee | |
| Payroll | |
| Waves Coffee House | |
| P.J.'s Coffee | |
Training & Support |
|
| Training | |
| Waves Coffee House | The Waves training program takes approximately 5 weeks. 3 weeks in our Training Academy, and an extra 2 weeks in-store training in your newly opened location. Waves is committed to offering you excellent training in all areas of your operation so you may operate your location at projected high volume profits. |
| P.J.'s Coffee | On-The-Job Training: 113 hours Classroom Training: 23 hours |
| Support | |
| Waves Coffee House | |
| 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 | |
| Waves Coffee House | |
| P.J.'s Coffee | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Waves Coffee House | Once you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations. |
| 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 | |
| Waves Coffee House | |
| P.J.'s Coffee | |
| Canada Expansion | |
| Waves Coffee House | |
| P.J.'s Coffee | 0 |
| International Expansion | |
| Waves Coffee House | |
| P.J.'s Coffee | |