Drnk coffee + tea and Qwench juice bar

Drnk coffee + tea and Qwench juice bar

Espresso, coffee, tea, smoothies, juices, sandwiches
Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$253K - $693K
Units as of 2018
14 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

Franchising Overview

Franchising Since
2015 (6 years)
# of employees at HQ
16
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
14 (as of 2018)

Franchisor Information

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

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
$40,000
Initial Investment
$253,150 - $693,100
Net Worth Requirement
$500,000 - $1,000,000
Cash Requirement
$150,000 - $400,000
Veteran Incentives
10% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
3%
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
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?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Drnk coffee + tea and Qwench juice bar landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021