Xooro
At a Glance
Products & Services: Gourmet churros, coffee & specialty drinks
Number of Locations: 4
Total Investment: $139.65K - 405.25K
Founded: 2008
Began Franchising: 2011
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 0 | 0 | 2 | 2 |
| 2010 | N/A | N/A | N/A | 5 |
| 2009 | N/A | N/A | N/A | 2 |
| 2008 | N/A | N/A | N/A | 1 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $139,650 - $405,250
Franchise Fee: $30,000
Ongoing Royalty Fee: 3.5%
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 3.5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $100,000
Operations
Number of employees needed to run franchised unit: 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 2-3 days.
Ongoing Support: Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising,
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