Coffee News
Weekly newspapers distributed at restaurants

About
Founded

1988

Franchising Since

1994 (24 Years)

Corporate Address

One Cumberland Pl., #102
Bangor, ME 04401

CEO

William Buckley

Financial Requirements
Initial Investment

$10,750 - $11,750

Ongoing Fees
Initial Franchise Fee

$9,500 - $9,500

Ongoing Royalty Fee

$40-$80/wk.

Financing Options

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

Veteran Incentives

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

Support Options
Ongoing Support

Meetings/Conventions

Online Support

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

8 hours

Classroom Training:

25 hours

Additional Training:

Mentor program

Absentee Ownership Allowed
Number of Employees Required to Run:

1

Bio
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.
Cost
Initial Investment: Low - $10,750 High - $11,750
Units
-3.9%-33 UNITS (1 Year) -2.3%-19 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

6 Reasons Why Startups Are Riskier Than Franchise Businesses

Starting any business can be risky, but startups in particular deal with these six aspects.

Looking To Enter The Franchising Industry? Here Are Few Obstacles To Look After

Just like any other business, franchising has its own obstacles

Why Growth Monitoring is Important for a Franchise Business?

A business should pause for a while to analyze the growth, steps and calculate profit and then plan for its optimization

How Educational Franchises Gain Popularity in Small Towns & Cities

The big brands also help people in small towns, gain world-class teaching and get popularity through word of mouth

Top Franchise Brands Endorsed By Amitabh Bachchan

Big brands rely heavily on the image of the celebrities who are associated with the brand's products/services

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 22nd, 2018
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.