Coffee News
Yes, we actively support the inclusion and development of minority-owned franchises in the Coffee News system.
Coffee News
P. O. Box 8444
Bangor, ME 04402-8444
800#:
Tel: (207) 941-0860
Fax: (207) 941-1050
E-mail: bill@coffeenewsusa.com
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: 635
Company-Owned Units: 0
Total Units: 635
Distribution:
> North America -- Operations in NR
> States/Provinces with Greatest Density: 43 in TX, 33 in ME, 31 in BC
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 3 FT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; NA
(for abbreviations click here)
Financial Requirements
Cash Investment: $6K
Total Investment: $6K
Average Total Investment: $6K
Minimum Net Worth: $None
Fees
>Franchise: $3K
>Average Franchise Fee: $3K
>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
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 5
On-Going Support: G (for an explanation click here)
Training: Quarterly Sales Meetings in ME.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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