Start-Up Costs and Fees |
||
| Tapioca Express | Lasaters Coffee & Tea | |
| Investment | 200000 - 420000 | 257000 - 310000 |
| Franchise Fee | 0 | |
| Royalty Fee | $0.055/cup | 0 |
| Advertising Fee | 1% | |
| Year Founded | 1999 | 2004 |
| Year Franchised | 2000 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tapioca Express | Lasaters Coffee & Tea | |
| Experience | Industry experience General business experience Marketing skills | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
||
| Tapioca Express | Lasaters Coffee & Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tapioca Express | Lasaters Coffee & Tea | |
| Training | Ongoing | |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Local marketing to be approved |
| Operations | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
Expansion Plans |
||
| Tapioca Express | Lasaters Coffee & Tea | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
| Franchise Fee | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
| Royalty Fee | |
| Tapioca Express | $0.055/cup |
| Lasaters Coffee & Tea | 0 |
| Advertising Fee | |
| Tapioca Express | |
| Lasaters Coffee & Tea | 1% |
| Year Founded | |
| Tapioca Express | 1999 |
| Lasaters Coffee & Tea | 2004 |
| Year Franchised | |
| Tapioca Express | 2000 |
| Lasaters Coffee & Tea | 2006 |
| Term Of Agreement | |
| Tapioca Express | |
| Lasaters Coffee & Tea | 10 years |
| Renewal Fee | |
| Tapioca Express | $3K for 2 years |
| Lasaters Coffee & Tea | 0 |
Business Experience Requirements |
|
| Experience | |
| Tapioca Express | Industry experience General business experience Marketing skills |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
|
| Franchise Fees | |
| Tapioca Express | No |
| Lasaters Coffee & Tea | No |
| Start-up Costs | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
| Equipment | |
| Tapioca Express} | |
| Lasaters Coffee & Tea | |
| Inventory | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
| Receivables | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
| Payroll | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
Training & Support |
|
| Training | |
| Tapioca Express | |
| Lasaters Coffee & Tea | Ongoing |
| Support | |
| Tapioca Express | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Lasaters Coffee & Tea | |
| Marketing | |
| Tapioca Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Operations | |
| Tapioca Express | Number of employees needed to run franchised unit: 5 100% of current franchisees are owner/operators |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
Expansion Plans |
|
| US Expansion | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
| Canada Expansion | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |
| International Expansion | |
| Tapioca Express | |
| Lasaters Coffee & Tea | |