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Zoup! Fresh Soup Company

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Zoup! Fresh Soup Company
28290 Franklin Rd.
Southfield, MI 48034
800#: (800) 778-7687
Tel: (248) 663-1111
Fax: (248) 663-9880
E-Mail: [email protected]
Web Site: www.zoup.com
Contact: Mr. Eric Ersher, Managing Partner


ZOUP! FRESH SOUP COMPANY, named one of Inc. Magazine's '500 fastest-growing companies,' is the country's leading quick-casual soup restaurant - defining the category with its fresh, handcrafted and all-natural soups, sandwiches, salads and smoothies. Best known for 'taking soup to the next level,' ZOUP! has used its 'everything matters' philosophy to build the state-of-the-art infrastructure, systems and support programs that make franchisees successful. Offering geographic areas to motivated people.




Franchisor Background


Established: 1997
First Franchise: 2003
Franchise Units: 10
Company-Owned Units: 5
Total Units: 15

Distribution:
U.S. -- 15; Canada -- 0; International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 11 in MI

Projected New Units Over Next 12 months: 12
Franchisee Qualifications: 5, 4, 2, 3, 4, 5
(Click here for an explanation)

Registered in Following Registration States: IL,IN,WI (Click here for an explanation)
Average Number of Employees: 6 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,200 SF; FS, SF, SC, RM (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $150-300K
Total Investment: $300-400K
Average Total Investment: $350.0K
Minimum Net Worth: $300K

Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 1%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 10/5
Passive Ownership: Discouraged
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
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 1-2 Days Corporte Office; 10-14 Days Training Store; 1 Week or More New-Site Opening.


Franchisor's Specific Expansion Plans

U.S.: MI, OH, IL, PA, MO, IN
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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