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

About
Founded

2013

Franchising Since

2015 (4 Years)

Corporate Address

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

CEO

Thomas Nariman

Financial Requirements
Initial Investment

$253,150 - $693,100

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

Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Marketing Support

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

64 hours

Classroom Training:

80 hours

Absentee Ownership Allowed
Cost
Initial Investment: Low - $253,150 High - $693,100
Units
-12.5%-2 UNITS (1 Year) +27.3%+3 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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 11th, 2018