My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Log In

Franchise: Coffee News

|
Initial Investment
LOW:$9,750
HIGH: $10,750
Change in Units
-0.1% -1 UNITS (1 Year)
-5.5% -49 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Internet
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training at headquarters: 3 days

Additional Training: Mentor program

Absentee Ownership Allowed

Number of employees required to run: 1

About Coffee News

Coffee News was started by Jean Daum in Winnipeg, Manitoba, in 1988. She began franchising in 1994. In 1995, Bill Buckley became the first U.S. franchisee. He bought the company from Daum in 2008, and Coffee News headquarters is now based in Bangor, Maine. Coffee News is a free weekly publication distributed in restaurants, coffee shops and hotels. In addition to ads for local businesses, it contains news stories, jokes, trivia and horoscopes.

Founded

1988

Franchising Since

1994 (23 Years)

Corporate Address

One Cumberland Pl., #102 Bangor, ME 04401

CEO

William Buckley

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Financial Requirements

Initial Investment

$9,750 - $10,750

Ongoing Fees

Initial Franchise Fee

$8,500 - $8,500

Ongoing Royalty Fee

$25-$80/wk.

Financing Options

Coffee News offers in-house financing to cover the following: franchise fee

Coffee News has relationships with third-party sources which offer financing to cover the following: 
franchise fee

Veteran Incentives


Three-year 0% financing for 2nd through 5th units

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Related Franchises

Instant Imprints

Instant Imprints
Welcomemat Services

Welcomemat Services
Fully Promoted

Fully Promoted
Money Mailer Franchise Corp.

Money Mailer Franchise Corp.
Town Money Saver

Town Money Saver
Proforma

Proforma
BirthdayPak

BirthdayPak

Franchise Articles

Success Speaks For Itself: Whissle Hospitality Group

Success Speaks For Itself: Whissle Hospitality Group

The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.
Aby Sam Thomas
12 min read
Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises

Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises

The family behind a landscape company decided to go wider, not deeper, by investing in two different franchise systems.
Nina Zipkin
4 min read
Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.

Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.

At one point, ice cream and soap was sold at the Krispy Kreme locations.
Jon Marcus
14 min read
Our 5 Best Franchises in the World

Our 5 Best Franchises in the World

Brands you can depend on across the globe.
Matthew McCreary
3 min read
Keep It Local: The Importance Of Localizing Your Franchise Approach

Keep It Local: The Importance Of Localizing Your Franchise Approach

Franchising can be one of the most effective ways to amplify business growth. Within the thriving food and beverage category in the region, it is a model that has proved particularly compelling.
Rafic Fakih
6 min read

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 25th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing