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Updated RecentlyCoffee News vs My City Daily Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Coffee News vs My City Daily 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 | $74,200 |
| Franchise Fee | $6,000 | $22,900 |
| Royalty Fee | $25-80/wk. | 0 |
| Advertising Fee | - | - |
| Year Founded | 1988 | 2006 |
| Year Franchised | 1994 | 2006 |
| Term Of Agreement | 4 years | 10 years |
| Term Of Agreement | 4 years | 10 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 | 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 headquarters: 4 days * At franchisee's location: 3 days |
| Support | Newsletter, Meetings, Internet, Purchasing cooperatives | - |
| 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 * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
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.
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#47 in Canada's Top franchises.
About My City Daily
mycitydaily.biz seems to be offline.