Start-Up Costs and Fees |
||
| Waves Coffee House | The Coffee Beanery | |
| Investment | 300000 - 350000 | 112500 - 496100 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4% |
| Advertising Fee | 3% | 2% |
| Year Founded | 2004 | 1976 |
| Year Franchised | 2004 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Waves Coffee House | The Coffee Beanery | |
| Experience | General business experience Retail experience | |
Financing Options |
||
| Waves Coffee House | The Coffee Beanery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Waves Coffee House | The Coffee Beanery | |
| 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. | |
| 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 | 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. | 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 |
||
| Waves Coffee House | The Coffee Beanery | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Waves Coffee House | |
| The Coffee Beanery | |
| Franchise Fee | |
| Waves Coffee House | |
| The Coffee Beanery | |
| Royalty Fee | |
| Waves Coffee House | 6% |
| The Coffee Beanery | 4% |
| Advertising Fee | |
| Waves Coffee House | 3% |
| The Coffee Beanery | 2% |
| Year Founded | |
| Waves Coffee House | 2004 |
| The Coffee Beanery | 1976 |
| Year Franchised | |
| Waves Coffee House | 2004 |
| The Coffee Beanery | 1985 |
| Term Of Agreement | |
| Waves Coffee House | |
| The Coffee Beanery | 10-20 years |
| Renewal Fee | |
| Waves Coffee House | |
| The Coffee Beanery | 25% of initial fee |
Business Experience Requirements |
|
| Experience | |
| Waves Coffee House | |
| The Coffee Beanery | General business experience Retail experience |
Financing Options |
|
| Franchise Fees | |
| Waves Coffee House | |
| The Coffee Beanery | |
| Start-up Costs | |
| Waves Coffee House | |
| The Coffee Beanery | |
| Equipment | |
| Waves Coffee House} | |
| The Coffee Beanery | |
| Inventory | |
| Waves Coffee House | |
| The Coffee Beanery | |
| Receivables | |
| Waves Coffee House | |
| The Coffee Beanery | |
| Payroll | |
| Waves Coffee House | |
| The Coffee Beanery | |
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. |
| The Coffee Beanery | |
| Support | |
| Waves Coffee House | |
| The Coffee Beanery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Waves Coffee House | |
| The Coffee Beanery | Co-op advertising, Ad slicks, National media |
| 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. |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Waves Coffee House | |
| 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, |
| Canada Expansion | |
| Waves Coffee House | |
| The Coffee Beanery | 0 |
| International Expansion | |
| Waves Coffee House | |
| The Coffee Beanery | |