Coffee News

Weekly newspaper distributed at restaurants
Year began: 1988    Franchising since: 1994

120 Linden St.
Bangor, ME 04401

Phone: (207)941-0860
Fax: (207)941-1050

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


Franchise Growth
Year

2008
2007
2006
2005
2004
U.S. Franchises
696
696
549
352
215
Canadian Franchises
157
157
146
141
105

Foreign Franchises
136
136
126
183
275
Company
Owned

0
0
0
0
0

Where Seeking Franchisees
Nationwide

Worldwide

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

Costs & Fees
Total investment: $9.5K
Franchise fee: $8K/5.5K
Ongoing royalty fee: $20-75/wk.
Term of agreement: 4 years, renewable
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoNo
InventoryNoNo
Accounts ReceivableNoNo
PayrollNoNo
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 & Support
TRAINING
  • Available at headquarters: 3 days
  • Mentor program

ONGOING SUPPORT
  • Newsletter
  • Meetings
  • Internet
  • Purchasing cooperatives

MARKETING SUPPORT
  • Ad slicks

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#68 (2008); #68 (2007); #129 (2006); #236 (2005);

Ranked #1 in category in:
2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#28 (2008); #14 (2007); #23 (2006); #55 (2005);

Top home based franchises:
#15 (2008); #17 (2007); #32 (2006); #65 (2005);

Low-Cost Franchises:
#17 (2008); #21 (2007); #32 (2006); #64 (2005);

America's Top Global Franchises:
#61 (2008); #60 (2007); #90 (2006); #94 (2005);

Last Updated: 8/7/2008 12:00:00 AM



Copyright © 2008 Entrepreneur.com, Inc. All rights reserved. Privacy Policy