Drnk coffee + tea and Qwench juice bar
Espresso, coffee, tea, smoothies, juices, sandwiches
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
6%
Ad Royalty Fee
3%
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)
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 EuropeRelated Franchises
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