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Franchise Picks
Coffee Time Donuts
 

A quick-service restaurant-type donut chain, with great-tasting coffee, muffins, donuts, salads and sandwiches. Fresh, quality products are what set us apart from the competition.

Franchisor Background

Year Established:

  1982

Franchising Since:

  1986

Operating Units:

Franchised Units:184 91.1%  
Company-Owned Units:18 8.9%  
 ______ _____  
Total Operating Units:202 100%  
 

Geographic Distribution:

U.S.:0 0% In 0 States
Canada:202 100% In 3 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:202 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Alberta1
2. Manitoba3
3. Ontario319

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$150K
Cash Investment:$
Total Investment:$100-360K
Average Total Investment:$230K
 

Fees:

Initial Franchise Fee:$
Average Franchise Fee:$-1K
On-Going Royalty:4.5%
Average Royalty:4%
Advertising Fee:2%

Average Number of Employees:

   6 Full-time, 4 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

   Free-standing Building, Storefront, Regional Mall

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:50
Site Selection Assistance?No
Lease Negotiation Assistance?Not Applicable
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:At Additional Cost
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Not Applicable
 

Training:

1. Scarborough, ON3-6 Weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:2
Formal Education:2
Psychological Profile:3
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract: Year(s)
Term of Renewal Period: Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   65
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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