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Coffee News

2015 Franchise 500
#137
At a Glance

Products & Services: Weekly newspaper distributed at restaurants

Number of Locations: 790

Total Investment: $9.3K - $10.3K

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 headquarters is now based 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
2015 480 207 98 5
2014 491 202 127 5
2013 541 197 146 4
2012 544 197 146 0
2011 593 206 206 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $9,250 - $10,250
Franchise Fee: $6,000
Ongoing Royalty Fee: $25-$80/wk.
Term of Franchise Agreement: 4 years, renewable
Veteran Incentives: Three-year 0% financing for 2nd through 5th units
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

Franchise 500®: #137 (2015), #93 (2014), #128 (2013), #220 (2012), #82 (2011),
Low-Cost: #15 (2014), #17 (2013), #37 (2012), #17 (2011),
Top Homebased/Mobile: #31 (2015), #16 (2014), #27 (2013), #59 (2012), #20 (2011),
America's Top Global: #147 (2015), #183 (2014), #173 (2012), #69 (2011),

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