Start-Up Costs and Fees |
||
| Rita's | Maui Wowi Hawaiian Coffees & Smoothies | |
| Investment | 15100 - 435000 | 31100 - 394000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6.50% | 0 |
| Advertising Fee | 3% | |
| Year Founded | 1984 | 1983 |
| Year Franchised | 1989 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rita's | Maui Wowi Hawaiian Coffees & Smoothies | |
| Experience | General business experience Sales/marketing experience preferred | |
Financing Options |
||
| Rita's | Maui Wowi Hawaiian Coffees & Smoothies | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Rita's | Maui Wowi Hawaiian Coffees & Smoothies | |
| Training | 5 days at Cool University and 4 days on site | Full & continuous support |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, National media, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | 65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
||
| Rita's | Maui Wowi Hawaiian Coffees & Smoothies | |
| US Expansion | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Franchise Fee | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Royalty Fee | |
| Rita's | 6.50% |
| Maui Wowi Hawaiian Coffees & Smoothies | 0 |
| Advertising Fee | |
| Rita's | 3% |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Year Founded | |
| Rita's | 1984 |
| Maui Wowi Hawaiian Coffees & Smoothies | 1983 |
| Year Franchised | |
| Rita's | 1989 |
| Maui Wowi Hawaiian Coffees & Smoothies | 1997 |
| Term Of Agreement | |
| Rita's | 10 years |
| Maui Wowi Hawaiian Coffees & Smoothies | 10 years |
| Renewal Fee | |
| Rita's | 50% of current franchise fee |
| Maui Wowi Hawaiian Coffees & Smoothies | $5K |
Business Experience Requirements |
|
| Experience | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | General business experience Sales/marketing experience preferred |
Financing Options |
|
| Franchise Fees | |
| Rita's | No |
| Maui Wowi Hawaiian Coffees & Smoothies | No |
| Start-up Costs | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Equipment | |
| Rita's} | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Inventory | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Receivables | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Payroll | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
Training & Support |
|
| Training | |
| Rita's | 5 days at Cool University and 4 days on site |
| Maui Wowi Hawaiian Coffees & Smoothies | Full & continuous support |
| Support | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Maui Wowi Hawaiian Coffees & Smoothies | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Rita's | Ad slicks, National media, Regional advertising |
| Maui Wowi Hawaiian Coffees & Smoothies | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Rita's | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time |
| Maui Wowi Hawaiian Coffees & Smoothies | 65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| Canada Expansion | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |
| International Expansion | |
| Rita's | |
| Maui Wowi Hawaiian Coffees & Smoothies | |