Start-Up Costs and Fees |
||
| Hurts Donut Company | The Coffee Beanery | |
| Investment | 553000 - 1076000 | 112500 - 496100 |
| Franchise Fee | ||
| Royalty Fee | 7% | 4% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2013 | 1976 |
| Year Franchised | 2014 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hurts Donut Company | The Coffee Beanery | |
| Experience | General business experience Retail experience | |
Financing Options |
||
| Hurts Donut Company | The Coffee Beanery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hurts Donut Company | The Coffee Beanery | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 17 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hurts Donut Company | The Coffee Beanery | |
| 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 | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hurts Donut Company | |
| The Coffee Beanery | |
| Franchise Fee | |
| Hurts Donut Company | |
| The Coffee Beanery | |
| Royalty Fee | |
| Hurts Donut Company | 7% |
| The Coffee Beanery | 4% |
| Advertising Fee | |
| Hurts Donut Company | 2% |
| The Coffee Beanery | 2% |
| Year Founded | |
| Hurts Donut Company | 2013 |
| The Coffee Beanery | 1976 |
| Year Franchised | |
| Hurts Donut Company | 2014 |
| The Coffee Beanery | 1985 |
| Term Of Agreement | |
| Hurts Donut Company | |
| The Coffee Beanery | 10-20 years |
| Renewal Fee | |
| Hurts Donut Company | |
| The Coffee Beanery | 25% of initial fee |
Business Experience Requirements |
|
| Experience | |
| Hurts Donut Company | |
| The Coffee Beanery | General business experience Retail experience |
Financing Options |
|
| Franchise Fees | |
| Hurts Donut Company | |
| The Coffee Beanery | |
| Start-up Costs | |
| Hurts Donut Company | |
| The Coffee Beanery | |
| Equipment | |
| Hurts Donut Company} | |
| The Coffee Beanery | |
| Inventory | |
| Hurts Donut Company | |
| The Coffee Beanery | |
| Receivables | |
| Hurts Donut Company | |
| The Coffee Beanery | |
| Payroll | |
| Hurts Donut Company | |
| The Coffee Beanery | |
Training & Support |
|
| Training | |
| Hurts Donut Company | |
| The Coffee Beanery | |
| Support | |
| Hurts Donut Company | |
| The Coffee Beanery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Hurts Donut Company | |
| The Coffee Beanery | Co-op advertising, Ad slicks, National media |
| Operations | |
| Hurts Donut Company | |
| The Coffee Beanery | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 17 Absentee ownership of franchise is allowed. (90% 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 |
| The Coffee Beanery | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming, |
| Canada Expansion | |
| Hurts Donut Company | |
| The Coffee Beanery | 0 |
| International Expansion | |
| Hurts Donut Company | |
| The Coffee Beanery | |