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Coffee News

Weekly newspaper distributed at restaurants

Background

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

Costs and Fees

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 and Support

Training
  • Available at headquarters: 3 days
  • Mentor program

Ongoing Support
  • Newsletter
  • Meetings
  • Internet
  • Purchasing cooperatives

Marketing Support
  • Ad slicks

Rankings

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);


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