Coffee News
Weekly newspapers distributed at restaurants
Coffee News
Weekly newspapers distributed at restaurants
About
Founded
1988
Franchising Since
1994 (25 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
-10.9%-88 UNITS (1 Year)
-14.5%-122 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Related Franchises
Franchise Articles
Franchise 500: Our Definitive Ranking of 2019's Strongest Franchises
What trends are tops? What brands have proved most lasting? What franchise may be the right opportunity for you? Explore, absorb, and learn from our annual list.
#1 on the Franchise 500: How McDonald's Evolved With Its Customer
The #1 company on our annual Franchise 500 list is a master class in staying power.
#2 on the Franchise 500: How Dunkin' Continues To Thrive
Even with a forward looking rebrand to just Dunkin', the #2 company on our Franchise 500 list knows its soul.
#3 on the Franchise 500: Sonic Drive-In Looks to the Future
The #3 company on our Franchise 500 list may be built on the idea of nostalgia, but a new wave of tech-focused initiatives is laying a strong foundation for years to come.
#4 on the Franchise 500: Why Taco Bell Has Its Sights Set On Your City
The #4 company on our Franchise 500 list knows that to grow its customer base, it must go where customers are: metropolitan communities.
