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

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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
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