Start-Up Costs and Fees |
||
| My Coffee | The Coffee Beanery | |
| Investment | 103650 - 466450 | 112500 - 496100 |
| Franchise Fee | ||
| Royalty Fee | 5% | 4% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1976 |
| Year Franchised | 2007 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Coffee | The Coffee Beanery | |
| Experience | General business experience Retail experience | |
Financing Options |
||
| My Coffee | The Coffee Beanery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| My Coffee | The Coffee Beanery | |
| Training | You will attend our Initial Training Program to give you an overview of operations. During the week long program you will again access to our information for Accounting, Store Operations, Advertisements, Coffee, Tea, HR procedures, and more. | |
| Support | We will work closely with you from the beginning of your project with Site Selection, Lease Negotiation Assistance, and Construction Assistance. We will even be there for your opening. | 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 |
||
| My Coffee | The Coffee Beanery | |
| US Expansion | 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 | |
| My Coffee | |
| The Coffee Beanery | |
| Franchise Fee | |
| My Coffee | |
| The Coffee Beanery | |
| Royalty Fee | |
| My Coffee | 5% |
| The Coffee Beanery | 4% |
| Advertising Fee | |
| My Coffee | |
| The Coffee Beanery | 2% |
| Year Founded | |
| My Coffee | 2004 |
| The Coffee Beanery | 1976 |
| Year Franchised | |
| My Coffee | 2007 |
| The Coffee Beanery | 1985 |
| Term Of Agreement | |
| My Coffee | |
| The Coffee Beanery | 10-20 years |
| Renewal Fee | |
| My Coffee | |
| The Coffee Beanery | 25% of initial fee |
Business Experience Requirements |
|
| Experience | |
| My Coffee | |
| The Coffee Beanery | General business experience Retail experience |
Financing Options |
|
| Franchise Fees | |
| My Coffee | |
| The Coffee Beanery | |
| Start-up Costs | |
| My Coffee | |
| The Coffee Beanery | |
| Equipment | |
| My Coffee} | |
| The Coffee Beanery | |
| Inventory | |
| My Coffee | |
| The Coffee Beanery | |
| Receivables | |
| My Coffee | |
| The Coffee Beanery | |
| Payroll | |
| My Coffee | |
| The Coffee Beanery | |
Training & Support |
|
| Training | |
| My Coffee | You will attend our Initial Training Program to give you an overview of operations. During the week long program you will again access to our information for Accounting, Store Operations, Advertisements, Coffee, Tea, HR procedures, and more. |
| The Coffee Beanery | |
| Support | |
| My Coffee | We will work closely with you from the beginning of your project with Site Selection, Lease Negotiation Assistance, and Construction Assistance. We will even be there for your opening. |
| The Coffee Beanery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| My Coffee | |
| The Coffee Beanery | Co-op advertising, Ad slicks, National media |
| Operations | |
| My Coffee | |
| 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 | |
| My Coffee | |
| 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 | |
| My Coffee | |
| The Coffee Beanery | 0 |
| International Expansion | |
| My Coffee | |
| The Coffee Beanery | |