Start-Up Costs and Fees |
||
| Tire Warehouse | Coffee Perks | |
| Investment | 100000 - 342000 | 116100 - 116100 |
| Franchise Fee | ||
| Royalty Fee | 3% | 6% |
| Advertising Fee | ||
| Year Founded | 1971 | 1993 |
| Year Franchised | 1989 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tire Warehouse | Coffee Perks | |
| Experience | General business experience Marketing skills | Industry experience General business experience Marketing skills |
Financing Options |
||
| Tire Warehouse | Coffee Perks | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Tire Warehouse | Coffee Perks | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, 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 | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) |
Expansion Plans |
||
| Tire Warehouse | Coffee Perks | |
| US Expansion | Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont, | |
| Canada Expansion | 0 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tire Warehouse | |
| Coffee Perks | |
| Franchise Fee | |
| Tire Warehouse | |
| Coffee Perks | |
| Royalty Fee | |
| Tire Warehouse | 3% |
| Coffee Perks | 6% |
| Advertising Fee | |
| Tire Warehouse | |
| Coffee Perks | |
| Year Founded | |
| Tire Warehouse | 1971 |
| Coffee Perks | 1993 |
| Year Franchised | |
| Tire Warehouse | 1989 |
| Coffee Perks | 2004 |
| Term Of Agreement | |
| Tire Warehouse | 7 years |
| Coffee Perks | 10 years |
| Renewal Fee | |
| Tire Warehouse | $1.5K |
| Coffee Perks | $5K |
Business Experience Requirements |
|
| Experience | |
| Tire Warehouse | General business experience Marketing skills |
| Coffee Perks | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Tire Warehouse | No |
| Coffee Perks | No |
| Start-up Costs | |
| Tire Warehouse | |
| Coffee Perks | |
| Equipment | |
| Tire Warehouse} | |
| Coffee Perks | |
| Inventory | |
| Tire Warehouse | |
| Coffee Perks | |
| Receivables | |
| Tire Warehouse | |
| Coffee Perks | |
| Payroll | |
| Tire Warehouse | |
| Coffee Perks | |
Training & Support |
|
| Training | |
| Tire Warehouse | |
| Coffee Perks | |
| Support | |
| Tire Warehouse | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Coffee Perks | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Tire Warehouse | Ad slicks |
| Coffee Perks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Tire Warehouse | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Coffee Perks | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Tire Warehouse | Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont, |
| Coffee Perks | |
| Canada Expansion | |
| Tire Warehouse | 0 |
| Coffee Perks | 0 |
| International Expansion | |
| Tire Warehouse | |
| Coffee Perks | |