Start-Up Costs and Fees |
||
| Waves Coffee House | It's A Grind Coffee House | |
| Investment | 300000 - 350000 | 173150 - 473000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | 2% |
| Year Founded | 2004 | 1995 |
| Year Franchised | 2004 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Waves Coffee House | It's A Grind Coffee House | |
| Experience | General business experience Strong people skills | |
Financing Options |
||
| Waves Coffee House | It's A Grind Coffee House | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Waves Coffee House | It's A Grind Coffee House | |
| Training | The Waves training program takes approximately 5 weeks. 3 weeks in our Training Academy, and an extra 2 weeks in-store training in your newly opened location. Waves is committed to offering you excellent training in all areas of your operation so you may operate your location at projected high volume profits. | Additional training as needed |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Once you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations. | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Waves Coffee House | It's A Grind Coffee House | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
| Franchise Fee | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
| Royalty Fee | |
| Waves Coffee House | 6% |
| It's A Grind Coffee House | 6% |
| Advertising Fee | |
| Waves Coffee House | 3% |
| It's A Grind Coffee House | 2% |
| Year Founded | |
| Waves Coffee House | 2004 |
| It's A Grind Coffee House | 1995 |
| Year Franchised | |
| Waves Coffee House | 2004 |
| It's A Grind Coffee House | 2000 |
| Term Of Agreement | |
| Waves Coffee House | |
| It's A Grind Coffee House | 10 years |
| Renewal Fee | |
| Waves Coffee House | |
| It's A Grind Coffee House | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Waves Coffee House | |
| It's A Grind Coffee House | General business experience Strong people skills |
Financing Options |
|
| Franchise Fees | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
| Start-up Costs | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
| Equipment | |
| Waves Coffee House} | |
| It's A Grind Coffee House | |
| Inventory | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
| Receivables | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
| Payroll | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
Training & Support |
|
| Training | |
| Waves Coffee House | The Waves training program takes approximately 5 weeks. 3 weeks in our Training Academy, and an extra 2 weeks in-store training in your newly opened location. Waves is committed to offering you excellent training in all areas of your operation so you may operate your location at projected high volume profits. |
| It's A Grind Coffee House | Additional training as needed |
| Support | |
| Waves Coffee House | |
| It's A Grind Coffee House | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Waves Coffee House | |
| It's A Grind Coffee House | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Waves Coffee House | Once you become familiar with operating a profitable Waves Coffee House it is very possible to open a second or third location. It is quite common in the franchised coffee shop business to own a chain of successful locations. |
| It's A Grind Coffee House | 40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Waves Coffee House | |
| It's A Grind Coffee House | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Waves Coffee House | |
| It's A Grind Coffee House | |
| International Expansion | |
| Waves Coffee House | |
| It's A Grind Coffee House | |