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Entrepreneur: Start & Grow Your Business

Daily Grind Unwind Coffee House & Cafe

Coffeehouse & cafe

Background

Founded: 1995 Franchising since: 2000
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 Growth
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
2005 42 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Costs and Fees

Total investment: $156.7K-457.5K
Franchise fee: $30K
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: $250K
Cash liquidity requirement: $100K

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);