Start-Up Costs and Fees |
||
| It's A Grind Coffee House | Lasaters Coffee & Tea | |
| Investment | 173150 - 473000 | 257000 - 310000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 0 |
| Advertising Fee | 2% | 1% |
| Year Founded | 1995 | 2004 |
| Year Franchised | 2000 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| It's A Grind Coffee House | Lasaters Coffee & Tea | |
| Experience | General business experience Strong people skills | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
||
| It's A Grind Coffee House | Lasaters Coffee & Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| It's A Grind Coffee House | Lasaters Coffee & Tea | |
| Training | Additional training as needed | Ongoing |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Local marketing to be approved |
| Operations | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
Expansion Plans |
||
| It's A Grind Coffee House | Lasaters Coffee & Tea | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |
| Franchise Fee | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |
| Royalty Fee | |
| It's A Grind Coffee House | 6% |
| Lasaters Coffee & Tea | 0 |
| Advertising Fee | |
| It's A Grind Coffee House | 2% |
| Lasaters Coffee & Tea | 1% |
| Year Founded | |
| It's A Grind Coffee House | 1995 |
| Lasaters Coffee & Tea | 2004 |
| Year Franchised | |
| It's A Grind Coffee House | 2000 |
| Lasaters Coffee & Tea | 2006 |
| Term Of Agreement | |
| It's A Grind Coffee House | 10 years |
| Lasaters Coffee & Tea | 10 years |
| Renewal Fee | |
| It's A Grind Coffee House | $2.5K |
| Lasaters Coffee & Tea | 0 |
Business Experience Requirements |
|
| Experience | |
| It's A Grind Coffee House | General business experience Strong people skills |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
|
| Franchise Fees | |
| It's A Grind Coffee House | No |
| Lasaters Coffee & Tea | No |
| Start-up Costs | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |
| Equipment | |
| It's A Grind Coffee House} | |
| Lasaters Coffee & Tea | |
| Inventory | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |
| Receivables | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |
| Payroll | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |
Training & Support |
|
| Training | |
| It's A Grind Coffee House | Additional training as needed |
| Lasaters Coffee & Tea | Ongoing |
| Support | |
| It's A Grind Coffee House | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Lasaters Coffee & Tea | |
| Marketing | |
| It's A Grind Coffee House | Co-op advertising, Ad slicks, Regional advertising |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Operations | |
| It's A Grind Coffee House | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
Expansion Plans |
|
| US Expansion | |
| It's A Grind Coffee House | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Lasaters Coffee & Tea | |
| Canada Expansion | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |
| International Expansion | |
| It's A Grind Coffee House | |
| Lasaters Coffee & Tea | |