- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$179K - $265K
- Units as of 2017
-
6
Company Overview
About Cocoa Grinder
| Industry | Food |
|---|---|
| Related Categories | Coffee, Miscellaneous Quick-Service Restaurants |
| Founded | 2013 |
| Leadership | Abdul Elenani, Founder and CEO |
| Corporate Address |
8511 3rd Ave. Brooklyn, NY 11209 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2017 (8 years) |
|---|---|
| # of employees at HQ | 8 |
| Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
| # of Units | 6 (as of 2017) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Cocoa Grinder franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$20,000 |
|---|---|
|
Initial Investment
|
$178,730 - $265,100 |
|
Net Worth Requirement
|
$250,000 |
|
Cash Requirement
|
$100,000 |
|
Veteran Incentives
|
Franchise fee waived, royalty fee reduced to 3% (only in NY, NJ, PA) |
|
Royalty Fee
|
6% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 2 weeks+ |
|---|---|
| Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
|
| Marketing Support |
Regional Advertising
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
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