Coffee Beanery
- Coffee Beanery, Ltd., The
3429 Pierson Pl.
Flushing, MI 48433-24
-
(888) 728-2326
/
(810) 733-1020
- (810) 733-1536 (Fax)
The cornerstone and foundation of the business is the exceptional quality of its own hand-roasted coffee, which is also flavored and packaged at the corporate warehouse in Michigan. Stores may offer indoor/outdoor seating, lite-fair breakfast and lunch items as well as wi-fi. Our customers enjoy the best coffee and assorted products available from a network of over 100 locations in the USA.
Franchisor Background
Year Established: 1976
Franchising Since: 1985
Operating Units
Franchised Units |
56 |
96.6% |
Company-Owned Units |
2 |
3.4% |
Total Operating Units |
58 |
100% |
Geographic Distribution
USA |
58 |
78.4% |
In 16 States
|
Canada |
0 |
0.0% |
In 0 Provinces
|
International |
16 |
21.6% |
In 6 Foreign Countries
|
Total |
74 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
N/A |
Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
Density |
Units |
Michigan |
19 |
New Jersey |
7 |
New York |
7 |
Registered in the following Registration States
California, Florida, Hawaii, Indiana, Michigan, New York, Virginia, Wisconsin
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Support and Training
General Information
IFA Member |
Yes |
CFA Member |
No |
Franchisee Association? |
Yes, is a member |
Size of Corporate Staff |
28 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Indirect |
Marketing Support
Co-Op Advertising |
Yes |
National Advertising |
No |
Regional Advertising |
No |
Local Advertising |
Yes |
Marketing Materials |
Brochures, Coupons/Rebates, Direct Mailers, Promotional Items, Trade Show Exhibits
|
Additional Services: |
Grand Opening, In-House Marketing, Marketing Research, Newsletter, Press Releases
|
Ongoing Support
Central Data Processing |
N/A |
Central Purchasing |
N/A |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
Corporate Office + Local Training Facility |
4 Weeks |
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Financial Requirements
Investment
Minimum Net Worth |
$500K |
Cash Investment |
$150K |
Total Investment |
$101.3-545K |
Average Total Investment |
$323K |
Fees
Initial Franchise Fee |
$27.5K |
Average Franchise Fee |
$28K |
On-Going Royalty |
6% |
Average Royalty |
6% |
Advertising Fee |
2% |
Site Information and Requirements
Average Number of Full-Time Employees |
2-3 |
Average Number of Part-Time Employees |
10-15 |
Space Needs (in square feet) |
100-1,500
|
Preferred Site Types |
Free Standing Building, Strip Center, Regional Mall
|
Other Site Types Allowed |
Airports, Universities |
Encourages Conversions |
Yes |
Item 19 (Earnings Claim) Provided? |
No |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
5 |
General Business Experience |
5 |
Specific Industry Experience |
4 |
Formal Education |
3 |
Psychological Profile |
4 |
Personal Interviews |
5 |
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Terms of Contract
Term of Initial Contract |
5,10,15+ |
Term of Renewal Period |
15 |
Passive Ownership? |
Not Allowed |
Area Development Agreements? |
Yes, for 2 years
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
Projected New Units Over Next 12 Months |
12 |
USA |
Yes, All United States |
Canada |
No |
Overseas |
Yes, Cyprus, Greece |
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