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New World Coffee
246 Industrial Way W.
Eatontown, NJ 07724-2206
800#: (800) 308-2457
Tel: (732) 544-0155
Fax: (732) 544-1315
E-Mail:
Web Site: www.nwcb.com
Contact: Mr. Mike Phillips, VP Franchising
Full service bagel bakery - Manhattan Bagel. Upscale coffee bar/espresso - New World Coffee.
Franchisor Background
Established: 1987
First Franchise: 1990
Franchise Units: 43
Company-Owned Units:
Total Units: 43
Distribution:
U.S. -- 380;
Canada -- 0;
International -- 5
�North America -- Operations in NR
�States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months:40
Franchisee Qualifications:5, 3, 1, 1, 4, 5
(Click here for an explanation)
Registered in Following Registration States: All States
Average Number of Employees: 3 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50-75K
Total Investment: $150-350K
Average Total Investment: $250.0K
Minimum Net Worth: $225K+
Fees
�Franchise: $20K;
�Average Franchise Fee: $20.0K
�Royalty: 5%
�Average Royalty: 5.0%
�Advertising: 2.5-4%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes
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
Size Of Corporate Staff: 200+
On-Going Support: C,D,E,G,H (Click here for an explanation)
Training: NR
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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