Start-Up Costs and Fees |
||
| Coffee Perks | Factory Donuts | |
| Investment | 116100 - 116100 | 213300 - 341300 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 1993 | 2017 |
| Year Franchised | 2004 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Coffee Perks | Factory Donuts | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Coffee Perks | Factory Donuts | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Coffee Perks | Factory Donuts | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 - 30 Absentee ownership of franchise is allowed. (3% of current franchisees are owner/operators) | Most Factory Donuts will employ 10-20 employees |
Expansion Plans |
||
| Coffee Perks | Factory Donuts | |
| US Expansion | 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 | |
| Coffee Perks | |
| Factory Donuts | |
| Franchise Fee | |
| Coffee Perks | |
| Factory Donuts | |
| Royalty Fee | |
| Coffee Perks | 6% |
| Factory Donuts | 5% |
| Advertising Fee | |
| Coffee Perks | |
| Factory Donuts | 2.50% |
| Year Founded | |
| Coffee Perks | 1993 |
| Factory Donuts | 2017 |
| Year Franchised | |
| Coffee Perks | 2004 |
| Factory Donuts | 2017 |
| Term Of Agreement | |
| Coffee Perks | 10 years |
| Factory Donuts | 10 years +10 |
| Renewal Fee | |
| Coffee Perks | $5K |
| Factory Donuts | |
Business Experience Requirements |
|
| Experience | |
| Coffee Perks | Industry experience General business experience Marketing skills |
| Factory Donuts | |
Financing Options |
|
| Franchise Fees | |
| Coffee Perks | Yes |
| Factory Donuts | Yes |
| Start-up Costs | |
| Coffee Perks | |
| Factory Donuts | |
| Equipment | |
| Coffee Perks} | |
| Factory Donuts | |
| Inventory | |
| Coffee Perks | |
| Factory Donuts | |
| Receivables | |
| Coffee Perks | |
| Factory Donuts | |
| Payroll | |
| Coffee Perks | |
| Factory Donuts | |
Training & Support |
|
| Training | |
| Coffee Perks | |
| Factory Donuts | |
| Support | |
| Coffee Perks | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Factory Donuts | |
| Marketing | |
| Coffee Perks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Factory Donuts | |
| Operations | |
| 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) |
| Factory Donuts | Most Factory Donuts will employ 10-20 employees |
Expansion Plans |
|
| US Expansion | |
| Coffee Perks | |
| Factory Donuts | 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 | |
| Coffee Perks | 0 |
| Factory Donuts | |
| International Expansion | |
| Coffee Perks | |
| Factory Donuts | |