Start-Up Costs and Fees |
||
| My Friend's Place | Rockn' Joe Coffeehouse & Bistro | |
| Investment | 156650 - 260400 | 218000 - 414000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1980 | 1993 |
| Year Franchised | 1980 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Friend's Place | Rockn' Joe Coffeehouse & Bistro | |
| Experience | In order to be successful as a franchise owner, you must be prepared to: * Follow a proven system. * Accept advice from others. * Work long hours. * Work without supervision or support staff. * Lead and manage a team. * Ask for help. * Take a financial risk. * Work hard.The ideal franchise owner knows that starting and building a successful business is not easy,but that the rewards outweigh the sacrifice and risk with the right opportunity. | |
Financing Options |
||
| My Friend's Place | Rockn' Joe Coffeehouse & Bistro | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| My Friend's Place | Rockn' Joe Coffeehouse & Bistro | |
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | Number of employees needed to run franchised unit: 16 - 16 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| My Friend's Place | Rockn' Joe Coffeehouse & Bistro | |
| US Expansion | Alabama, Florida, Georgia, Indiana, South Carolina, Texas | Delaware, Florida, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
| Franchise Fee | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
| Royalty Fee | |
| My Friend's Place | 5% |
| Rockn' Joe Coffeehouse & Bistro | 6% |
| Advertising Fee | |
| My Friend's Place | 1% |
| Rockn' Joe Coffeehouse & Bistro | |
| Year Founded | |
| My Friend's Place | 1980 |
| Rockn' Joe Coffeehouse & Bistro | 1993 |
| Year Franchised | |
| My Friend's Place | 1980 |
| Rockn' Joe Coffeehouse & Bistro | 2005 |
| Term Of Agreement | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | 5 years |
| Renewal Fee | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
Business Experience Requirements |
|
| Experience | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | In order to be successful as a franchise owner, you must be prepared to: * Follow a proven system. * Accept advice from others. * Work long hours. * Work without supervision or support staff. * Lead and manage a team. * Ask for help. * Take a financial risk. * Work hard.The ideal franchise owner knows that starting and building a successful business is not easy,but that the rewards outweigh the sacrifice and risk with the right opportunity. |
Financing Options |
|
| Franchise Fees | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
| Start-up Costs | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
| Equipment | |
| My Friend's Place} | |
| Rockn' Joe Coffeehouse & Bistro | |
| Inventory | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
| Receivables | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
| Payroll | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
Training & Support |
|
| Training | |
| My Friend's Place | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Rockn' Joe Coffeehouse & Bistro | |
| Support | |
| My Friend's Place | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Rockn' Joe Coffeehouse & Bistro | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| My Friend's Place | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
| Rockn' Joe Coffeehouse & Bistro | Number of employees needed to run franchised unit: 16 - 16 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| My Friend's Place | Alabama, Florida, Georgia, Indiana, South Carolina, Texas |
| Rockn' Joe Coffeehouse & Bistro | Delaware, Florida, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, |
| Canada Expansion | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |
| International Expansion | |
| My Friend's Place | |
| Rockn' Joe Coffeehouse & Bistro | |