Start-Up Costs and Fees |
||
| Hurts Donut Company | Coffee Perks | |
| Investment | 553000 - 1076000 | 116100 - 116100 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2013 | 1993 |
| Year Franchised | 2014 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hurts Donut Company | Coffee Perks | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Hurts Donut Company | Coffee Perks | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hurts Donut Company | Coffee Perks | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hurts Donut Company | Coffee Perks | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hurts Donut Company | |
| Coffee Perks | |
| Franchise Fee | |
| Hurts Donut Company | |
| Coffee Perks | |
| Royalty Fee | |
| Hurts Donut Company | 7% |
| Coffee Perks | 6% |
| Advertising Fee | |
| Hurts Donut Company | 2% |
| Coffee Perks | |
| Year Founded | |
| Hurts Donut Company | 2013 |
| Coffee Perks | 1993 |
| Year Franchised | |
| Hurts Donut Company | 2014 |
| Coffee Perks | 2004 |
| Term Of Agreement | |
| Hurts Donut Company | |
| Coffee Perks | 10 years |
| Renewal Fee | |
| Hurts Donut Company | |
| Coffee Perks | $5K |
Business Experience Requirements |
|
| Experience | |
| Hurts Donut Company | |
| Coffee Perks | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Hurts Donut Company | |
| Coffee Perks | |
| Start-up Costs | |
| Hurts Donut Company | |
| Coffee Perks | |
| Equipment | |
| Hurts Donut Company} | |
| Coffee Perks | |
| Inventory | |
| Hurts Donut Company | |
| Coffee Perks | |
| Receivables | |
| Hurts Donut Company | |
| Coffee Perks | |
| Payroll | |
| Hurts Donut Company | |
| Coffee Perks | |
Training & Support |
|
| Training | |
| Hurts Donut Company | |
| Coffee Perks | |
| Support | |
| Hurts Donut Company | |
| Coffee Perks | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Hurts Donut Company | |
| Coffee Perks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Hurts Donut Company | |
| Coffee Perks | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Hurts Donut Company | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Coffee Perks | |
| Canada Expansion | |
| Hurts Donut Company | |
| Coffee Perks | 0 |
| International Expansion | |
| Hurts Donut Company | |
| Coffee Perks | |