Start-Up Costs and Fees |
||
| Lasaters Coffee & Tea | Hurts Donut Company | |
| Investment | 257000 - 310000 | 553000 - 1076000 |
| Franchise Fee | ||
| Royalty Fee | 0 | 7% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2004 | 2013 |
| Year Franchised | 2006 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Lasaters Coffee & Tea | Hurts Donut Company | |
| Experience | $60,000-$90,000 in liquid capital, management/business ownership history | |
Financing Options |
||
| Lasaters Coffee & Tea | Hurts Donut Company | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Lasaters Coffee & Tea | Hurts Donut Company | |
| Training | Ongoing | |
| Support | ||
| Marketing | Local marketing to be approved | |
| Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | |
Expansion Plans |
||
| Lasaters Coffee & Tea | Hurts Donut Company | |
| US Expansion | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| Franchise Fee | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| Royalty Fee | |
| Lasaters Coffee & Tea | 0 |
| Hurts Donut Company | 7% |
| Advertising Fee | |
| Lasaters Coffee & Tea | 1% |
| Hurts Donut Company | 2% |
| Year Founded | |
| Lasaters Coffee & Tea | 2004 |
| Hurts Donut Company | 2013 |
| Year Franchised | |
| Lasaters Coffee & Tea | 2006 |
| Hurts Donut Company | 2014 |
| Term Of Agreement | |
| Lasaters Coffee & Tea | 10 years |
| Hurts Donut Company | |
| Renewal Fee | |
| Lasaters Coffee & Tea | 0 |
| Hurts Donut Company | |
Business Experience Requirements |
|
| Experience | |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
| Hurts Donut Company | |
Financing Options |
|
| Franchise Fees | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| Start-up Costs | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| Equipment | |
| Lasaters Coffee & Tea} | |
| Hurts Donut Company | |
| Inventory | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| Receivables | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| Payroll | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
Training & Support |
|
| Training | |
| Lasaters Coffee & Tea | Ongoing |
| Hurts Donut Company | |
| Support | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| Marketing | |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Hurts Donut Company | |
| Operations | |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
| Hurts Donut Company | |
Expansion Plans |
|
| US Expansion | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | 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 | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |
| International Expansion | |
| Lasaters Coffee & Tea | |
| Hurts Donut Company | |