Start-Up Costs and Fees |
||
| Seekers Coffee House & Cafe | Lasaters Coffee & Tea | |
| Investment | 189000 - 369000 | 257000 - 310000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 0 |
| Advertising Fee | 1% | |
| Year Founded | 2001 | 2004 |
| Year Franchised | 2002 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Seekers Coffee House & Cafe | Lasaters Coffee & Tea | |
| Experience | $60,000-$90,000 in liquid capital, management/business ownership history | |
Financing Options |
||
| Seekers Coffee House & Cafe | Lasaters Coffee & Tea | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Seekers Coffee House & Cafe | Lasaters Coffee & Tea | |
| Training | Ongoing | |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks | Local marketing to be approved |
| Operations | 0% of all franchisees own more than one unit 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 |
||
| Seekers Coffee House & Cafe | Lasaters Coffee & Tea | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |
| Franchise Fee | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |
| Royalty Fee | |
| Seekers Coffee House & Cafe | 5% |
| Lasaters Coffee & Tea | 0 |
| Advertising Fee | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | 1% |
| Year Founded | |
| Seekers Coffee House & Cafe | 2001 |
| Lasaters Coffee & Tea | 2004 |
| Year Franchised | |
| Seekers Coffee House & Cafe | 2002 |
| Lasaters Coffee & Tea | 2006 |
| Term Of Agreement | |
| Seekers Coffee House & Cafe | 10 years |
| Lasaters Coffee & Tea | 10 years |
| Renewal Fee | |
| Seekers Coffee House & Cafe | $1K |
| Lasaters Coffee & Tea | 0 |
Business Experience Requirements |
|
| Experience | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | $60,000-$90,000 in liquid capital, management/business ownership history |
Financing Options |
|
| Franchise Fees | |
| Seekers Coffee House & Cafe | No |
| Lasaters Coffee & Tea | No |
| Start-up Costs | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |
| Equipment | |
| Seekers Coffee House & Cafe} | |
| Lasaters Coffee & Tea | |
| Inventory | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |
| Receivables | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |
| Payroll | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |
Training & Support |
|
| Training | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | Ongoing |
| Support | |
| Seekers Coffee House & Cafe | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Lasaters Coffee & Tea | |
| Marketing | |
| Seekers Coffee House & Cafe | Co-op advertising, Ad slicks |
| Lasaters Coffee & Tea | Local marketing to be approved |
| Operations | |
| Seekers Coffee House & Cafe | 0% of all franchisees own more than one unit 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 | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |
| Canada Expansion | |
| Seekers Coffee House & Cafe | 0 |
| Lasaters Coffee & Tea | |
| International Expansion | |
| Seekers Coffee House & Cafe | |
| Lasaters Coffee & Tea | |