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Below is an in-depth analysis and side-by-side comparison of Coffee News vs Stork News of America including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $9,250 - $10,250 | $11,530 - $75,700 |
Franchise Fee | $6,000 | $8,000 - $13,000 |
Royalty Fee | $25-80/wk. | $800-1.2K/yr. |
Advertising Fee | - | - |
Year Founded | 1988 | 1983 |
Year Franchised | 1994 | 1984 |
Term Of Agreement | 4 years | 1 year |
Term Of Agreement | 4 years | 1 year |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Previous sales experience preferred. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | 3 day training program at Head Office, called Coffee News College. Mentor program, Annual Regional Roundtables, Biennial International Conferences, ongoing support via internet. | Available at franchisee's location |
Support | Newsletter, Meetings, Internet, Purchasing cooperatives | Newsletter, Toll-free phone line, Internet |
Marketing | Ad slicks | Co-op advertising |
Operations | Can be run from home office, can be owner-operated and absentee ownership of franchise is allowed. Agreements are in 4 year terms. |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | Yes | No |
International Expansion | Yes | Yes |
Stork News of America Inc. was founded in 1983 and began franchising in 1984. It has more than 135 locations in the United States and Canada. Stork News has an arrangement with Babies 'R' Us that places Stork News displays in all Babies 'R' Us units that are located in an area where a Stork News franchisee is present, thus offering franchisees automatic advertising. Stork News of America is based in Fayetteville, North Carolina.