- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$185K - $473K
- Units as of 2019
-
58 21% over 3 years
Company Overview
The Coffee Beanery offers streetfront café franchises, as well as locations in malls, airports, office buildings, hospitals and college campuses across the United States. In 1998 the company opened its first international location in Guam and now offers master franchises in China, Korea and the Middle East.
About The Coffee Beanery
Business Overview
Franchising Since | 1985 (39 years) |
---|---|
# of employees at HQ | 30 |
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 58 (as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a The Coffee Beanery 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
|
$15,000 |
---|---|
Initial Investment
|
$185,000 - $472,500 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$100,000 - $150,000 |
Veteran Incentives
|
25% off franchise fee |
Royalty Fee
|
4% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
15 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 | 60 hours |
---|---|
Classroom Training | 35 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
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 |
# of employees required to run | 14-17 |
Are exclusive territories available?
|
No |
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