- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$11K - $12K
- Units as of 2020
-
596 26.1% over 3 years
Company Overview
About Coffee News
- Industry
- Business Services
- Related Categories
- Advertising Services
- Founded
- 1988
- Leadership
- William Buckley, President
Franchising Overview
- Franchising Since
- 1994 (27 years)
- # of employees at HQ
- 7
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 596 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Coffee News franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $9,500
- Initial Investment
- $10,750 - $11,750
- Veteran Incentives
- Three-year 0% financing for 2nd through 5th units
- Royalty Fee
- $25-$80/wk.
- Term of Agreement
- 4 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Coffee News offers in-house financing to cover the following: startup costs
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 8 hours
- Classroom Training
- 27 hours
- Additional Training
- Mentor program
- Ongoing Support
-
Meetings & ConventionsOnline SupportField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 1
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where Coffee News landed on this year’s Franchise 500 Ranking versus previous years.
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