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Updated RecentlyCoffee News vs Talking Book World Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Coffee News vs Talking Book World 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 | $150,000 - $225,000 |
| Franchise Fee | $6,000 | $25,000 |
| Royalty Fee | $25-80/wk. | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 1988 | 1993 |
| Year Franchised | 1994 | 1995 |
| Term Of Agreement | 4 years | 15 years +5 |
| Term Of Agreement | 4 years | 15 years +5 |
| 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. | Franchisee's Store 2 Weeks |
| Support | Newsletter, Meetings, Internet, Purchasing cooperatives | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| 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. | Average Number of Employees: 1 Full-time, 2 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | 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 Talking Book World
TALKING BOOK WORLD is the world's largest retail chain of audiobook stores, with the widest selection of audiobooks to rent or buy anywhere. Pioneers of the concept of renting audiobooks, TBW makes audiobooks accessible and affordable - with innovative programs that give unlimited use of our library and with no due dates.