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Coffee Beanery, The Logo

Coffee Beanery, The

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Coffee Beanery, The
3429 Pierson Pl.
Flushing, MI 48433-2413
800#: (800) 728-2326
Tel: (810) 733-1020
Fax: (810) 733-1536
E-Mail: [email protected]
Web Site: www.coffeebeanery.com
Contact: Mr. Rick Greenbaum, Dir. Franchise Development


THE COFFEE BEANERY, LTD. offers a variety of investment levels with storefront cafes being the main growth vehicle in the future. The cornerstone and foundation of the business is the exceptional quality of its own hand-roasted coffee. Our customers enjoy the best coffee and assorted products available from a network of over 180 opened franchised and corporate locations. Our operations department and training are superb.




Franchisor Background


Established: 1976
First Franchise: 1985
Franchise Units: 158
Company-Owned Units: 13
Total Units: 171

Distribution:
U.S. -- 167; Canada -- 0; International -- 0
�North America -- Operations in 30 States
�States/Provinces with Greatest Density: 32 in MI, 12 in FL, 16 in NY

Projected New Units Over Next 12 months:25
Franchisee Qualifications:5, 5, 1, 1, 1, 5
(Click here for an explanation)

Registered in Following Registration States: CA,FL,IL,IN,MD,MI,MN,NY,VA
Average Number of Employees: 2-3 FT, 10-15 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,000 SF; FS, SF, SC, RM (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $50-80K
Total Investment: $200-400K
Average Total Investment: $300.0K
Minimum Net Worth: $250K

Fees
�Franchise: $5-25K;
�Average Franchise Fee: $15.0K
�Royalty: 6%
�Average Royalty: 6.0%
�Advertising: 2%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 5,10,15+
Passive Ownership: Allowed
Area Development Agreements: Yes/5,10,15+
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 40
On-Going Support: B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 21 Days Caf�; 14 Days Mallat Michigan Corporate Center


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: Yes, Guam (2)

Note: NR = No Response by Franchisor.
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