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Below is an in-depth analysis and side-by-side comparison of Coffee News vs Skedaddle Press 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 | $12,000 - And Up |
Franchise Fee | $6,000 | $12,000 |
Royalty Fee | $25-80/wk. | - |
Advertising Fee | - | - |
Year Founded | 1988 | 2015 |
Year Franchised | 1994 | 2015 |
Term Of Agreement | 4 years | - |
Term Of Agreement | 4 years | - |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | 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. | - |
Support | Newsletter, Meetings, Internet, Purchasing cooperatives | We actually put the paper together for you including creating ads for your clients at no cost. We can be contacted for support around the clock and there's a lot of help before you launch. |
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. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | Yes |
International Expansion | Yes | - |
There are a number of license-able papers out there, but we feel we're doing something a bit different. We have 4 monthly papers to choose from that you don't typically see as free papers as they're more magazine topics. A food paper, exercise, pets, and a celebrity news paper. Readers pay a lot of money to read magazines with these topics, why wouldn't they pick up a free version? These papers aren't 2-12 pages, they're 48-62 page tabloid papers. At no cost we do just about everything for you; we create the content and format it, we insert your ads in the paper, we create the ads for your advertisers if they don't have their own, we create & maintain your social media sites, we send the completed paper to a printer near you, and we help promote your paper through local live events. You just find your own advertisers, locations to accept the papers, & pay the printer & distribute. This can be done from home. This also comes with a money back option, we will buy the license back from you at the original cost if after 6 published issues it's not working out for you. You literally have nothing to lose. Every edition has the same content and look, like syndication. You can have some original content of your own included if you wish. With cities/towns that have a population up to 100,000 people your territory is the entire city/town. Larger cities territories are broken into North, South, West, and East. So there'll never be more than 4 license holders in one city.