Start-Up Costs and Fees |
||
| The Coffee Beanery | Hurts Donut Company | |
| Investment | 112500 - 496100 | 553000 - 1076000 |
| Franchise Fee | ||
| Royalty Fee | 4% | 7% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1976 | 2013 |
| Year Franchised | 1985 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Coffee Beanery | Hurts Donut Company | |
| Experience | General business experience Retail experience | |
Financing Options |
||
| The Coffee Beanery | Hurts Donut Company | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Coffee Beanery | Hurts Donut Company | |
| Training | ||
| 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 | Hurts Donut Company | |
| 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, | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Coffee Beanery | |
| Hurts Donut Company | |
| Franchise Fee | |
| The Coffee Beanery | |
| Hurts Donut Company | |
| Royalty Fee | |
| The Coffee Beanery | 4% |
| Hurts Donut Company | 7% |
| Advertising Fee | |
| The Coffee Beanery | 2% |
| Hurts Donut Company | 2% |
| Year Founded | |
| The Coffee Beanery | 1976 |
| Hurts Donut Company | 2013 |
| Year Franchised | |
| The Coffee Beanery | 1985 |
| Hurts Donut Company | 2014 |
| Term Of Agreement | |
| The Coffee Beanery | 10-20 years |
| Hurts Donut Company | |
| Renewal Fee | |
| The Coffee Beanery | 25% of initial fee |
| Hurts Donut Company | |
Business Experience Requirements |
|
| Experience | |
| The Coffee Beanery | General business experience Retail experience |
| Hurts Donut Company | |
Financing Options |
|
| Franchise Fees | |
| The Coffee Beanery | No |
| Hurts Donut Company | No |
| Start-up Costs | |
| The Coffee Beanery | |
| Hurts Donut Company | |
| Equipment | |
| The Coffee Beanery} | |
| Hurts Donut Company | |
| Inventory | |
| The Coffee Beanery | |
| Hurts Donut Company | |
| Receivables | |
| The Coffee Beanery | |
| Hurts Donut Company | |
| Payroll | |
| The Coffee Beanery | |
| Hurts Donut Company | |
Training & Support |
|
| Training | |
| The Coffee Beanery | |
| Hurts Donut Company | |
| Support | |
| The Coffee Beanery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Hurts Donut Company | |
| Marketing | |
| The Coffee Beanery | Co-op advertising, Ad slicks, National media |
| Hurts Donut Company | |
| 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) |
| Hurts Donut Company | |
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, |
| Hurts Donut Company | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| The Coffee Beanery | 0 |
| Hurts Donut Company | |
| International Expansion | |
| The Coffee Beanery | |
| Hurts Donut Company | |