Daily Grind Unwind Coffee House & Cafe

Coffeehouse & cafe

Background

Founded: 1995 Franchising since: 2000
Address:
307 S. Loudoun St.
Winchester, Virginia 22601
Phone:
(540)450-2701


Franchisor is a privately-held company with 12 employee(s); 2 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 62 0 0 1
2007 56 0 0 1
2006 50 0 0 2

Where Seeking Franchisees
Nationwide
Worldwide

Costs and Fees

Total investment: $156,700 - $457,500
Franchise fee: $30,000
Ongoing royalty fee: 5%
Term of agreement: 5 years, renewable


Express/kiosk option available

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

Qualifications
Net worth requirement: $250,000
Cash liquidity requirement: $75,000

Operations
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 15 - 15
  • Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days
  • At franchisee's location: 7 days
  • Training facility/store : 5 days

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Rankings

Franchise 500® rank:
#360 (2009); #263 (2008); #234 (2007);


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