Coffee News vs Panache Magazine Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Coffee News vs Panache Magazine including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Coffee News Franchise
Panache Magazine Franchise
Investment $9,250 - $10,250$268,400
Franchise Fee $6,000$150,000
Royalty Fee $25-80/wk.0
Advertising Fee --
Year Founded 19882003
Year Franchised 19942004
Term Of Agreement 4 years7 years
Term Of Agreement 4 years7 years
Renewal Fee -25% of then current fran. fee


Business Experience Requirements
 
Coffee News Franchise
Panache Magazine Franchise
Experience Previous sales experience preferred.
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Coffee News Franchise
    Panache Magazine Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/Yes
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Coffee News Franchise
    Panache Magazine Franchise
    Training 3 day training program at Head Office, called Coffee News College. Mentor program, Annual Regional Roundtables, Biennial International Conferences, ongoing support via internet.-
    Support Newsletter, Meetings, Internet, Purchasing cooperativesNewsletter, Meetings, Internet, Field operations/evaluations
    Marketing Ad slicks-
    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.

    - 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Coffee News Franchise
    Panache Magazine Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesYes

    Company Overviews

    About Coffee News

    Coffee News is the world's largest weekly restaurant publication. The one-page publication is designed to provide advertisers with a local advertising option, and provides the reader with interesting content as they wait for food or service. Each advertisement is category-exclusive and supports not just the business that placed the ad, but also the publisher that sold it. Coffee News offers a high yield, low investment franchise opportunity for entrepreneurs around the world.

    "Top

    #47 in Canada's Top franchises.

    About Panache Magazine

    The entrepreneurial culture at Panache Partners creates unique career opportunities in publishing for those special individuals who thrive in an environment where sophistication, style, ingenuity and a fast pace are the norm.

    At Panache Partners, a career means wearing the hat of a publisher and taking ownership for creating elegant coffee table books that surpass the expectations for the people we serve: our clients and, of course, our discerning readers.
    Careers at Panache are, in a word, panache!

    If you are one of those special individuals, we invite you to contact us.