Q: Do I require any special experience?
No, although having business experience is always an advantage. Caffebene provides comprehensive training for all areas of your new/conversion store, which confers theory and practical training at the Caffebene Training Center.
Q: What is the term of a Franchise Disclosure Document?
Franchisees are ordinarily granted a ten (10) year initial franchise term together with an option to renew for a further ten (10) years. This may vary depending upon the term of the lease applicable to the site.
Q: What is the total cost of opening a Caffebene Franchise and what does the total cost include?
A new store can range in price from $300,000 to $450,000. It includes a fully fitted-out store and equipment, training, also two weeks of inventory.
Q: What are the ongoing fees of the Franchise?
A franchise royalty fee of 6.9% of your total gross sales is payable in connection with the Caffebene Franchise System. A marketing fee equal to 3% of your total gross sales is also payable into an independently audited marketing fund.
Q: How much profit will I make?
This depends largely on several factors such as the value of wages paid, cost of goods and other operating costs and generally how you operate your business. We have identified certain key performance indicators which are monitored in order to maximize your profitability.
Q: What is our Franchise Fee?
$35,000. The Franchisor’s Disclosure Document provides full detail of all fees and costs in connection with the establishment of a Caffebene Franchise.
Q: Can I get any special finance?
We are approved franchise system with several major financial institutions. Caffebene will provide contacts on request.
Q: What should I do next?
Contact Caffebene via phone (844.220.2363) or e-mail, firstname.lastname@example.org with your contact information and one of our U.S.-based Franchise Development Team members will contact you.
- Request an application form and Franchise Disclosure Document (FDD).
- Complete the application and send it back to Caffebene once completed.
- Attend information meeting with the Caffebene Franchise Consultant.
- Review all information obtained during the meeting and make a decision on your preferred site/location.
- Confirm your purchasing ability with your bank and with your CPA.
- Seek Legal and Financial advice.
*Above information is only a guideline. There may be additional information and details depending on each specific case.