Start-Up Costs and Fees |
||
| Playday Cafe | Barnie's Coffee & Tea Company | |
| Investment | 346000 - 490000 | 202000 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 7% |
| Advertising Fee | 1% | |
| Year Founded | 0 | 1980 |
| Year Franchised | 0 | 1981 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Playday Cafe | Barnie's Coffee & Tea Company | |
| Experience | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. | |
Financing Options |
||
| Playday Cafe | Barnie's Coffee & Tea Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Playday Cafe | Barnie's Coffee & Tea Company | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Playday Cafe | Barnie's Coffee & Tea Company | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Franchise Fee | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Royalty Fee | |
| Playday Cafe | 6% |
| Barnie's Coffee & Tea Company | 7% |
| Advertising Fee | |
| Playday Cafe | 1% |
| Barnie's Coffee & Tea Company | |
| Year Founded | |
| Playday Cafe | 0 |
| Barnie's Coffee & Tea Company | 1980 |
| Year Franchised | |
| Playday Cafe | 0 |
| Barnie's Coffee & Tea Company | 1981 |
| Term Of Agreement | |
| Playday Cafe | 10 years |
| Barnie's Coffee & Tea Company | 10 years |
| Renewal Fee | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Playday Cafe | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. |
| Barnie's Coffee & Tea Company | |
Financing Options |
|
| Franchise Fees | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Start-up Costs | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Equipment | |
| Playday Cafe} | |
| Barnie's Coffee & Tea Company | |
| Inventory | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Receivables | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Payroll | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
Training & Support |
|
| Training | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Support | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | Ad slicks |
| Operations | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | International franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |
| Canada Expansion | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | 0 |
| International Expansion | |
| Playday Cafe | |
| Barnie's Coffee & Tea Company | |