Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Coffee News
#354

Initial Investment

LOW: $9,750
HIGH: $10,750

Change in Units

-0.1% -1 UNITS (1 Year)
-5.5% -49 UNITS (3 Years)

Company Profile

Founded

1988

Franchising Since

1994 (23 Years)

Corporate Address

One Cumberland Pl., #102 Bangor, ME 04401

CEO

William Buckley

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.

Financials

Financial Requirements

Initial Investment

$9,750 - $10,750

Ongoing Fees

Initial Franchise Fee

$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

Units (Locations)

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

Operations & Franchisor Support

Training at headquarters: 3 days

Additional Training: Mentor program

Ongoing Support
Newsletter
Meetings
Internet

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 1

Related Franchises

Related Articles

6 Ways to Market Your Franchised Business

6 Ways to Market Your Franchised Business

To attract the right target market for your franchise, use these marketing tactics to advertise your franchise.
Rick Grossmann
Searching for a Franchise? Buy into Something You Don't Love.

Searching for a Franchise? Buy into Something You Don't Love.

Loving the product or service offered shouldn't be the reason you buy a franchise.
Rick Bisio
Meet This Year's Fastest Growing Franchises

Meet This Year's Fastest Growing Franchises

We release our annual list.
Tracy Stapp Herold

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

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012