Coffee Franchise Review
Coffee Franchise Opportunity - Coffee Franchise Business for Sale
It’s a Grind
It’s A Grind coffee franchise is proving to be one of the hottest (and tastiest) coffee franchises on the market. What makes It’s A Grind coffee franchise such a great investment is their proven system of doing business. Efficiency, economy and profitability, coupled with superior products, service, and value are the foundation of the “It’s A Grind System.” Understanding that most franchisees are not experienced in the coffee industry, It’s A Grind offers extensive training at the Long Beach headquarters and on-site. In addition to the training, new owners will receive continuing support.
BACKGROUND
Established: 1995
First Franchised: 2001
Franchised Units: 200+
Company Owned Units: 4
Projected New Units (12 Months): 10
Registered: Some states
FINANCIAL/TERMS
Cash Investment: $175K
Total Investment: $400K plus $50K working capital
Minimum Net Worth: $500K
Franchise Fee: $36K
2 Pack = Net Worth $950K and Liquid $300K
3 Pack = Net Worth $1.4 M and Liquid $300K
5 Pack = Net Worth $2M and Liquid of $300K
Royalty: 6% of gross sales
Ad: 1% National 2% local
Average Number of Employees: 12-15:
Passive Ownership: No, not without Franchiser approval, only with Working Partner with a 20% vested interest to manage the store.
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