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Coffee News

Weekly local publication distributed to restaurants and hospitality locations

Coffee News franchisees publish a free, weekly publication and distribute it to owners of coffeehouses, motels, and restaurants. The business owners enjoy getting a free publication for their guests; the franchisees profit by selling ads in the publication to owners of local businesses. Coffee News founder Jean Daum, an advertising expert, came up with the idea after reading studies which showed that people are more receptive to advertising messages before and during eating than at other times. The publication focuses on lighthearted, entertaining news and trivia that can be read in about 10 minutes, meaning there’s plenty of time to read all the ads as well.

Coffee News
120 Linden Street
Bangor, ME 04401
207-941-0860

Fast Facts

Year established 1988
Franchising since 1994
Can be run from home? Yes
Number of employees needed 1
Item 19 Financial Performance Representation? No
Multiple units must be purchased in U.S. No
Multiple units must be purchased outside U.S. No
Absentee ownership allowed? No

Franchise Unit Growth Rate

Year U.S.
Franchises
Non-U.S.
Franchises
Company-Owned
Locations
2011 661 430 0
2010 662 430 0
2009 775 326 0

Expanding in These Locations

United States, Worldwide
Costs
Total Investment Under $10,000 for first franchise
Franchise Fee $8,500 - $6,000
Royalty Fee $80 per week for first franchise after three months; $25 per week for additional franchises after nine months
Financial Requirements
Net Worth No minimum requirement
Liquid Capital Six months of living expenses
Franchisee Qualifications
Sales and networking skills
Financially capable
Passion for publishing
Financing
Does franchisor offer financing? Yes
Is franchisor on the SBA's Franchise Registry? Yes
Is franchisor a member of the IFA's VetFran program? Yes
Financing Assistance
Franchisor will finance purchase of up to 3 franchises following the purchase of first franchise at 8% APR for up to 3 years
Coffee News
120 Linden Street
Bangor, ME 04401
207-941-0860