- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$970K - $1.9M
- Units as of 2023
-
1 0.0% over 3 years
Company Overview
About Cultivate Food + Coffee
Industry | Food |
---|---|
Related Categories | Miscellaneous Quick-Service Restaurants, Coffee, Breakfast/Brunch Restaurants, Food: Quick Service |
Founded | 2019 |
Parent Company | Cultivate Franchise Corp. |
Leadership | Laura Gunnels, President |
Corporate Address |
1353 Riverstone Pkwy., #120-172 Canton, GA 30114 |
Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
Franchising Since | 2022 (2 years) |
---|---|
# of employees at HQ | 7 |
Where seeking |
This company is offering new franchises in the following US states: Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, Mississippi, North Carolina, New Jersey, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Vermont, West Virginia |
# of Units | 1 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Cultivate Food + Coffee 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
|
$35,000 |
---|---|
Initial Investment
|
$970,250 - $1,866,000 |
Net Worth Requirement
|
$1,000,000 |
Cash Requirement
|
$500,000 |
Royalty Fee
|
7% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Cultivate Food + Coffee has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 166 hours |
---|---|
Classroom Training | 115 hours |
Ongoing Support |
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 35 |
Are exclusive territories available?
|
Yes |
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