Start-Up Costs and Fees |
||
| The Coffee Beanery | Hudsons Coffee | |
| Investment | 112500 - 496100 | 300000 - 350000 |
| Franchise Fee | ||
| Royalty Fee | 4% | 8% |
| Advertising Fee | 2% | 1.75% |
| Year Founded | 1976 | 1998 |
| Year Franchised | 1985 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Coffee Beanery | Hudsons Coffee | |
| Experience | General business experience Retail experience | No specific background can describe the ideal Hudsons Coffee Franchisee. Some come to us having never made a coffee, having never managed people, having never owned a business Provided that you have the ability to learn from us we can help you make the transition into the world of Hudsons Coffee. Some traits that are useful: * Dedication * Commitment * Ability to learn (and then teach!) * Business acumen * Speed and agility * Ability to lead and motivate others |
Financing Options |
||
| The Coffee Beanery | Hudsons Coffee | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Coffee Beanery | Hudsons Coffee | |
| Training | * Thorough training in all aspects of the "on floor" Hudsons Coffee operation from register operation to Barista Brilliance. * All aspects of store management including opening and closing the store, shift and people management, weekly stock and labour control and monthly administration. * Information and Technology training covering "on floor" systems including ordering, loyalty and production systems. * Information and Technology training covering "back of house" systems including payroll, cash control, stock control and Accounts payable. * Introduction to recruitment and training. NB: Applicants should be aware that, in order to thoroughly train Franchisees, the program is conducted in Victoria for the 8 week period. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 17 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| The Coffee Beanery | Hudsons Coffee | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming, | |
| Canada Expansion | 0 | |
| International Expansion | Australia |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Coffee Beanery | |
| Hudsons Coffee | |
| Franchise Fee | |
| The Coffee Beanery | |
| Hudsons Coffee | |
| Royalty Fee | |
| The Coffee Beanery | 4% |
| Hudsons Coffee | 8% |
| Advertising Fee | |
| The Coffee Beanery | 2% |
| Hudsons Coffee | 1.75% |
| Year Founded | |
| The Coffee Beanery | 1976 |
| Hudsons Coffee | 1998 |
| Year Franchised | |
| The Coffee Beanery | 1985 |
| Hudsons Coffee | 2004 |
| Term Of Agreement | |
| The Coffee Beanery | 10-20 years |
| Hudsons Coffee | 10 years |
| Renewal Fee | |
| The Coffee Beanery | 25% of initial fee |
| Hudsons Coffee | |
Business Experience Requirements |
|
| Experience | |
| The Coffee Beanery | General business experience Retail experience |
| Hudsons Coffee | No specific background can describe the ideal Hudsons Coffee Franchisee. Some come to us having never made a coffee, having never managed people, having never owned a business Provided that you have the ability to learn from us we can help you make the transition into the world of Hudsons Coffee. Some traits that are useful: * Dedication * Commitment * Ability to learn (and then teach!) * Business acumen * Speed and agility * Ability to lead and motivate others |
Financing Options |
|
| Franchise Fees | |
| The Coffee Beanery | No |
| Hudsons Coffee | No |
| Start-up Costs | |
| The Coffee Beanery | |
| Hudsons Coffee | |
| Equipment | |
| The Coffee Beanery} | |
| Hudsons Coffee | |
| Inventory | |
| The Coffee Beanery | |
| Hudsons Coffee | |
| Receivables | |
| The Coffee Beanery | |
| Hudsons Coffee | |
| Payroll | |
| The Coffee Beanery | |
| Hudsons Coffee | |
Training & Support |
|
| Training | |
| The Coffee Beanery | |
| Hudsons Coffee | * Thorough training in all aspects of the "on floor" Hudsons Coffee operation from register operation to Barista Brilliance. * All aspects of store management including opening and closing the store, shift and people management, weekly stock and labour control and monthly administration. * Information and Technology training covering "on floor" systems including ordering, loyalty and production systems. * Information and Technology training covering "back of house" systems including payroll, cash control, stock control and Accounts payable. * Introduction to recruitment and training. NB: Applicants should be aware that, in order to thoroughly train Franchisees, the program is conducted in Victoria for the 8 week period. |
| Support | |
| The Coffee Beanery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Hudsons Coffee | |
| Marketing | |
| The Coffee Beanery | Co-op advertising, Ad slicks, National media |
| Hudsons Coffee | |
| Operations | |
| The Coffee Beanery | International franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 17 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Hudsons Coffee | |
Expansion Plans |
|
| US Expansion | |
| The Coffee Beanery | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming, |
| Hudsons Coffee | |
| Canada Expansion | |
| The Coffee Beanery | 0 |
| Hudsons Coffee | |
| International Expansion | |
| The Coffee Beanery | |
| Hudsons Coffee | Australia |