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Entrepreneur: Start & Grow Your Business

Zoup!

Soups, salads, sandwiches, smoothies

Background

Founded: 1998 Franchising since: 2003
28290 Franklin Rd.
Southfield, Michigan 48034
Phone:
(248)663-1111


Franchisor is a privately-held company with 7 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 11 0 0 5
2006 8 0 0 6
2005 9 0 0 5

Where Seeking Franchisees
In the U.S. Illinois, Michigan, Missouri, Ohio, Pennsylvania, United states

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $200K-381K
Franchise fee: $25K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


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 No
Payroll No No

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $100K
Business Experience:
  • Restaurant experience is helpful but not required

Operations
  • Number of employees needed to run franchised unit: 12
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 1 week+
  • Self-study & computer-aided training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks

Other marketing support
  • POP materials, PR, retention programs