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Coffee News

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Overview

COFFEE NEWS FRANCHISE OPPORTUNITIES

Coffee News is a fun free weekly publication distributed in restaurants, coffee shops, hotels and other waiting areas. In addition to ads for local businesses, it contains news stories, jokes, trivia and horoscopes. Coffee News was founded in 1988 by Jean Daum in Winnipeg, Manitoba but in 2008 the company was bought by it's first U.S. franchisee Bill Buckley and headquarters is now based in Bangor, Maine. Coffee News provides franchise opportunities throughout the world and as 2018, the company has more than 700 franchisees worldwide.

How much does Coffee News franchise cost?

Coffee News has the franchise fee of up to $9,500, with total initial investment range of $10,750 to $11,750.

Initial Investment: $10,750 - $11,750

ONGOING FEES

Initial Franchise Fee: $9,500
Ongoing Royalty Fee: $40 - $80/wk.

INITIAL INVESTMENT AND STARTUP COSTS

Name of FeeAmount
Initial Franchise Fee$9,500
Postponement of Opening Date (if necessary)$1,000
Travel and Living Expenses during Training$500
Real Estate and ImprovementsN/A
EquipmentN/A
Stands$500
Security Deposits, Utility Deposits, Business LicensesN/A
Miscellaneous Opening Costs$250
Opening InventoryN/A
AdvertisingN/A
Additional FundsN/A
Estimated total$10,750 - $11,750

Coffee News Franchise

SUPPORT OPTIONS

On-The-Job Training: 8 hours
Classroom Training: 25 hours
Additional Training: Mentor program
Number of Employees Required to Run: 1

Coffee News Franchise Info: https://www.coffeenewsfranchise.com

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