Start-Up Costs and Fees |
||
| Playday Cafe | It's A Grind Coffee House | |
| Investment | 346000 - 490000 | 173150 - 473000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 0 | 1995 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Playday Cafe | It's A Grind Coffee House | |
| Experience | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. | General business experience Strong people skills |
Financing Options |
||
| Playday Cafe | It's A Grind Coffee House | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Playday Cafe | It's A Grind Coffee House | |
| Training | 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 | 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 |
||
| Playday Cafe | 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 | |
| Playday Cafe | |
| It's A Grind Coffee House | |
| Franchise Fee | |
| Playday Cafe | |
| It's A Grind Coffee House | |
| Royalty Fee | |
| Playday Cafe | 6% |
| It's A Grind Coffee House | 6% |
| Advertising Fee | |
| Playday Cafe | 1% |
| It's A Grind Coffee House | 2% |
| Year Founded | |
| Playday Cafe | 0 |
| It's A Grind Coffee House | 1995 |
| Year Franchised | |
| Playday Cafe | 0 |
| It's A Grind Coffee House | 2000 |
| Term Of Agreement | |
| Playday Cafe | 10 years |
| It's A Grind Coffee House | 10 years |
| Renewal Fee | |
| Playday Cafe | |
| It's A Grind Coffee House | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Playday Cafe | Previous Franchise/Restaurant/Childcare management experience a plus; Adequate Capitalization with a minimum liquidity of $100,000 plus the ability for financing; Minimum net worth of $250,000; Ability to develop at least one Playday Caf location, preferably more; Operator is an equity partner; Operator resides in desired market; A clear understanding of real estate development experience helpful; Desire and dedication to provide children with a safe and cheerful location to play in; A passion for and dedication to excellence in operations; The ability to create & manage an organization that effectively recruits, trains, retains, and motivates people; Understanding of local culture and strong ties to the community; Skills to effectively create and manage an organization. |
| It's A Grind Coffee House | General business experience Strong people skills |
Financing Options |
|
| Franchise Fees | |
| Playday Cafe | |
| It's A Grind Coffee House | |
| Start-up Costs | |
| Playday Cafe | |
| It's A Grind Coffee House | |
| Equipment | |
| Playday Cafe} | |
| It's A Grind Coffee House | |
| Inventory | |
| Playday Cafe | |
| It's A Grind Coffee House | |
| Receivables | |
| Playday Cafe | |
| It's A Grind Coffee House | |
| Payroll | |
| Playday Cafe | |
| It's A Grind Coffee House | |
Training & Support |
|
| Training | |
| Playday Cafe | |
| It's A Grind Coffee House | Additional training as needed |
| Support | |
| Playday Cafe | |
| It's A Grind Coffee House | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Playday Cafe | |
| It's A Grind Coffee House | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Playday Cafe | |
| 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 | |
| Playday Cafe | |
| 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 | |
| Playday Cafe | |
| It's A Grind Coffee House | |
| International Expansion | |
| Playday Cafe | |
| It's A Grind Coffee House | |