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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
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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