#128
At a Glance
Products & Services: Weekly newspaper distributed at restaurants
Number of Locations: 887
Total Investment: $9.43K - 10.43K
Founded: 1988
Began Franchising: 1994
About Coffee News
Coffee News was started by Jean Daum in Winnipeg, Manitoba, in 1988. She began franchising in 1994. In 1995, Bill Buckley became the first U.S. franchisee. He bought the company from Daum in 2008, and Coffee News is now based in his home in Bangor, Maine. Coffee News is a free weekly publication distributed in restaurants, coffee shops and hotels. In addition to ads for local businesses, it contains news stories, jokes, trivia and horoscopes.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 544 | 197 | 146 | 0 |
| 2011 | 593 | 206 | 206 | 0 |
| 2010 | 677 | 199 | 242 | 0 |
| 2009 | 724 | 164 | 184 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $9,425 - $10,425
Franchise Fee: $8,500
Ongoing Royalty Fee: $25-80/wk.
Term of Franchise Agreement: 4 years, renewable
Franchise Fee: $8,500
Ongoing Royalty Fee: $25-80/wk.
Term of Franchise Agreement: 4 years, renewable
| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 3 days. Mentor program
Ongoing Support: Newsletter, Meetings, Internet, Purchasing cooperatives
Marketing Support: Ad slicks,
Franchise Ranking History
Fastest-Growing: #31 (2009),
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