Drnk coffee + tea and Qwench juice bar

Espresso, coffee, tea, smoothies, juices, sandwiches

About

Founded

2013

Franchising Since

2015 (3 Years)

Corporate Address

350 S. Grand Ave., #3070
Los Angeles, CA 90071

CEO

Thomas Nariman

Financial Requirements

Initial Investment ⓘ

$301,200 - $728,900

Net-worth Requirement ⓘ

$500,000 - $1,000,000

Liquid Cash Requirement ⓘ

$150,000 - $400,000

Ongoing Fees

Initial Franchise Fee ⓘ

$40,000 - $40,000

Ongoing Royalty Fee

Ad Royalty Fee

Financing Options

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

Support Options

Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

112 hours

Classroom Training:

8 hours

Absentee Ownership Allowed

Cost

Initial Investment: Low - $301,200 High - $728,900

Units

+23.1%+3 UNITS (1 Year) +300.0%+12 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Middle East, Mexico, Philippines, South America, Western Europe

Franchise Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

Related Franchises

Nekter Juice Bar Inc.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 3rd, 2017

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Drnk coffee + tea and Qwench juice bar Espresso, coffee, tea, smoothies, juices, sandwiches