Coffee News is an international advertising publication that features weekly offbeat news stories and trivia.
Coffee News may be the appropriate choice for you if you have a low budget. In this article, we have discussed some significant points related to the Coffee News franchise.
About Coffee News
In 1988, Coffee News was founded by Jean Daum; and today, it is a well-known weekly publication brand that is distributed in restaurants and waiting areas.
The magazine contains trivia and horoscopes, unusual stories, local news, and advertising.
Coffee news offers a franchise opportunity to entrepreneurs who have the potential to manage publication business and have leadership qualities to maintain the networking between corporate staff and veteran publishers.
Moreover, Coffee News requires a low cost of investment, and it also ranked among Entrepreneur Top 500 Low-Cost Franchises for ad-based magazines. Coffee News is also listed in the section for Franchises Under $10k.
Subsequently, they also provide financial support and other ongoing support like website development, online support, meeting and convection, field operation, and last but not least exclusive territories rights.
Read: 11 Franchise SEO Strategies To Outrank Any Real Competitor
Coffee News Franchise Model
| Initial Investment | $9,250 to $11,750 |
| Franchise-Fee | $30,000 |
| Royalty-Fee | $80/week |
| Area-Requirement | N/A |
| Total Outlets | 338 |
Training of Coffee News Franchise
Coffee News provides an initial three-day training program to all new franchises.
The training program includes classroom training for corporate staff and veteran publishers.
They provide detailed lectures and hands-on involvement related to business activities. During this period, they also give some time to do networking between franchisees and veteran publishers.
There are no other additional training programs provided by the franchisor.
However, it is compulsory for all the new franchisees to attend the training for the satisfaction of the franchisor.
Term Of Agreement & Renewal
The actual length of the franchise agreement is four years. After the completion of four years, franchisees have the right to renew the agreement for another four years if all the requirements are met and the franchisees is good in standing.
There are some provisions mentioned in the Franchise Disclosure Document for the renewal of terms and agreements that franchisees have to follow.
How Much Does Coffee News Franchise Make?
There are multiple aspects that define the profitability of the Coffee News franchise. Typically, the profit is proportionate to the cost of investment, demand, cost of labor, expenses, and lease rate of a commercial place.
Coffee New requires a low-cost investment but still has great potential of earning high profit because the company name is recognized as the topmost publisher in the USA.
Moreover, they have two sources of income one is from sales, and second, they also do advertisements for other companies in their magazine, which is paid for by the business owners.
And one of the great sources of generating income is the advertisement of the product. So, Coffee News can easily generate more than you invest.
Frequently Asked Question
How many Coffee News franchises are there?
Coffee News has more than 338 units across the U.S.
How much does it cost to own the Coffee News franchise?
An initial investment required to open a Coffee News Franchise is $9,250 to $11,750.
Is Coffee News a high-cost investment franchise?
No, Coffee News is the low-cost investment franchise and is also listed in the section for Franchises Under $10k.
Amit Gupta is the founder of DrFranchises. He has a keen interest in investments, and has thus far invested in a few franchises. Franchise businesses are his forte- he knows all there is to know about their space requirements, fees, ROI potential, and business models. This makes him an ideal candidate for anyone looking to invest in a franchise