Drnk coffee + tea and Qwench juice bar

Espresso, coffee, tea, smoothies, juices, sandwiches
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$253K - $693K
Units as of 2018
14 Increase 27.3% over 3 years

Company Overview

About Drnk coffee + tea and Qwench juice bar

Industry Food
Related Categories Coffee, Smoothies/Juices
Founded 2013
Leadership Thomas Nariman, Founder and CEO
Corporate Address 350 S. Grand Ave., #3070
Los Angeles, CA 90071
Social Facebook, Twitter, Instagram

Business Overview

Franchising Since 2015 (9 years)
# of employees at HQ 16
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 14 (as of 2018)

Information for Franchisees

Here's what you need to know if you're interested in opening a Drnk coffee + tea and Qwench juice bar 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 Information Circle
$40,000
Initial Investment Information Circle
$253,150 - $693,100
Net Worth Requirement Information Circle
$500,000 - $1,000,000
Cash Requirement Information Circle
$150,000 - $400,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
3%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 Drnk coffee + tea and Qwench juice bar has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

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 64 hours
Classroom Training 80 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
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? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022