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McBeans

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McBeans
1560 Church Ave., # 6
Victoria, BC V8P 2H1 CANADA
800#:
Tel: (250) 721-2411
Fax: (250) 721-3213
E-Mail: [email protected]
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Arne Andersson, President


Gourmet coffee stores in B. C. and Alberta, Canada that offer simply the finest in gourmet coffee by the cup, as well as lattes, cappuccino, espresso, a wide selection of beans (40 varieties), gourmet tea and the very best name-brand coffee-related merchandise. We offer our franchisees a well-researched and developed concept, lease negotiation, design and construction, and prime locations. We also provide continued and on-going support.




Franchisor Background


Established: 1983
First Franchise: 1985
Franchise Units: 16
Company-Owned Units: 1
Total Units: 17

Distribution:
U.S. -- 0; Canada -- 17; International -- 0
-North America -- Operations in 2 Provinces
-States/Provinces with Greatest Density: 8 in BC, 9 in AB

Projected New Units Over Next 12 months: 3
Franchisee Qualifications: 5, 4, 4, 3, 5, 5
(Click here for an explanation)

Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 1-3 FT, 3-5 PT (FT = Full Time, PT = Part Time)
Space Needs: 600 SF; SC, RM (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $60K
Total Investment: $126-174K
Average Total Investment: $150.0K
Minimum Net Worth: $NR

Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 7%
-Average Royalty: 7.0%
-Advertising: 0%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): Lease
Passive Ownership: Allowed
Area Development Agreements: No
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: NA
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 5
On-Going Support: C,D,E,F (Click here for an explanation)
Training: 2 Weeks Corporate Training Center.


Franchisor's Specific Expansion Plans

U.S.: BC and AB
Canada: BC, AB
Overseas: No

Note: NR = No Response by Franchisor.
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