Start-Up Costs and Fees |
||
| Playday Cafe | Lasaters Coffee & Tea | |
| Investment | 346000 - 490000 | 257000 - 310000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 0 |
| Advertising Fee | 1% | 1% |
| Year Founded | 0 | 2004 |
| Year Franchised | 0 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Playday Cafe | Lasaters Coffee & Tea | |
| Experience | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
||
| Playday Cafe | Lasaters Coffee & Tea | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Playday Cafe | Lasaters Coffee & Tea | |
| Training | Ongoing | |
| Support | ||
| Marketing | Local marketing to be approved | |
| Operations | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators | |
Expansion Plans |
||
| Playday Cafe | Lasaters Coffee & Tea | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Franchise Fee | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Royalty Fee | |
| Playday Cafe | 6% |
| Lasaters Coffee & Tea | 0 |
| Advertising Fee | |
| Playday Cafe | 1% |
| Lasaters Coffee & Tea | 1% |
| Year Founded | |
| Playday Cafe | 0 |
| Lasaters Coffee & Tea | 2004 |
| Year Franchised | |
| Playday Cafe | 0 |
| Lasaters Coffee & Tea | 2006 |
| Term Of Agreement | |
| Playday Cafe | 10 years |
| Lasaters Coffee & Tea | 10 years |
| Renewal Fee | |
| Playday Cafe | |
| Lasaters Coffee & Tea | 0 |
Business Experience Requirements |
|
| Experience | |
| Playday Cafe | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
|
| Franchise Fees | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Start-up Costs | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Equipment | |
| Playday Cafe} | |
| Lasaters Coffee & Tea | |
| Inventory | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Receivables | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Payroll | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
Training & Support |
|
| Training | |
| Playday Cafe | |
| Lasaters Coffee & Tea | Ongoing |
| Support | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Marketing | |
| Playday Cafe | |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Operations | |
| Playday Cafe | |
| Lasaters Coffee & Tea | Owner operators preferred, absentee ownership allowed Currently 100% Owner operators |
Expansion Plans |
|
| US Expansion | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| Canada Expansion | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |
| International Expansion | |
| Playday Cafe | |
| Lasaters Coffee & Tea | |