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Coffee News

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Coffee News
P.O. Box 8444
Bangor, ME 04402-8444
800#:
Tel: (207) 941-0860
Fax: (207) 941-1050
E-Mail: [email protected]
Web Site: www.coffeenewsusa.com
Contact: Mr. William A. Buckley, President


COFFEE NEWS is an international, fun-filled weekly publication produced and delivered free of charge by local franchisors to restaurants, coffee shops and the hospitality industry. Each issue contains short stories, trivia, horoscopes, interesting facts and jokes, plus a local event section edited by the franchisee. Income is derived from the sale of ads to small businesses in each community.




Franchisor Background


Established: 1994
First Franchise: 1996
Franchise Units: 400
Company-Owned Units: 3
Total Units: 403

Distribution:
U.S. -- 109; Canada -- 135; International -- 35
�North America -- Operations in NR
�States/Provinces with Greatest Density: 31 in BC, 28 in ME, 23 in ON

Projected New Units Over Next 12 months:100
Franchisee Qualifications:1, 5, 5, 3, 3, 3
(Click here for an explanation)

Registered in Following Registration States: CA,FL,HI,MN,NY,OR,SD,WI,AB
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs: N/A SF; N/A (Click here for abbreviations)
Encourage Conversion: N/A


Financial Requirements

Cash Investment: $2.5K
Total Investment: $2.5K
Average Total Investment: $2.5K
Minimum Net Worth: $None

Fees
�Franchise: $2K;
�Average Franchise Fee: $2.0K
�Royalty: $20-75/Wk.
�Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 4/4
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
Franchisee Association / Member: No
Size Of Corporate Staff: 5
On-Going Support: G (Click here for an explanation)
Training: Quarterly Sales Meetings in ME.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
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