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Below is an in-depth analysis and side-by-side comparison of It's A Grind Coffee House vs Newberrys Gourmet Coffee including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $173,150 - $473,000 | $6,000 - $20,000 |
Franchise Fee | $15,000 - $25,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1995 | - |
Year Franchised | 2000 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Additional training as needed | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
40% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Newberry's Gourmet Coffee Inc. Distributorship Program is expanding on a national basis through an aggressive marketing campaign. Most entrepreneurs desire a business that they can run from home and set their own hours. Undoubtedly, this business is it! You can start on a part-time basis with a few accounts and work up to a steady residual income with unlimited growth potential. As the exclusive partner for Newberry's Gourmet Coffee, you have the luxury of becoming a Distributor featuring Nescafe�, Folgers� and Lavazza�, three of the most accomplished brands in the coffee industry. Newberry's Gourmet Coffee the only company that combines world recognized brand names and high quality product with a tailor made aggressive marketing and advertising program, making it the ultimate turnkey business in the U.S. in the $8k + range. Coffee is the world's second largest commodity and America loves it, and vending has been around since the invention of the automobile. We will help you setup and we will give you the marketing material, inventory, hands-on training, and point of sale material to get you started on the right track. We are looking for Entrepreneurs who have been searching for a ground floor opportunity in an explosive market with a turnkey system.