Coffee News

Founded: 1988 Franchising since: 1994

Address: 120 Linden St. Bangor, Maine 04401

Phone: (207)941-0860

Franchisor is a privately-held company with 7 employee(s); 2 employee(s) in franchise department.

Franchise Units

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	724	164	184	0
2008	799	157	186	0
2007	696	157	136	0
2006	549	146	126	0

Where Seeking Franchisees
Nationwide
Worldwide

Exclusive territories available.
Territory size: 25,000-50,000 population

Total investment: $8,925 - $9,250
Franchise fee: $8,000
Ongoing royalty fee: $75/wk.
Term of agreement: 4 years, renewable


Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Business Experience:

• General business experience
• Marketing skills
• Sales & advertising experience

Operations

• Franchise can be run from home
• 94% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 1
• Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Training

• Available at headquarters: 3 days
• Mentor program

Ongoing Support

• Newsletter
• Meetings
• Internet
• Purchasing cooperatives

Marketing Support

• Ad slicks

Franchise 500® rank:
#54 (2010); #64 (2009); #68 (2008); #68 (2007); #129 (2006);

Fastest-Growing Franchises:
#31 (2009); #28 (2008); #14 (2007); #23 (2006);

Low-Cost Franchises:
#13 (2010); #16 (2009); #17 (2008); #21 (2007); #32 (2006);

Top Homebased Franchises:
#12 (2010); #14 (2009); #15 (2008); #17 (2007); #32 (2006);

America's Top Global Franchises:
#47 (2010); #55 (2009); #61 (2008); #60 (2007); #90 (2006);