what kind of a frenchisee profile is espresso bar looking for?
espresso bar is looking for partners who share our commitment to quality, simplicity, conviviality and service. Individual Franchisees need to bring passion and hands-on management to their franchised business. Qualified franchisee-candidates need to have experience within their local business community and the necessary leadership and business management skills. individual franchisees receive a protected area surrounding their stores. The size of this protected area may vary depending on the location of the store.
What is the investment required to open an espresso bar location?
The investment will vary depending on the size of your location, the city in which you are located, The total investment for a typical location will range between $ 300.000 and $ 500.000, excluding possible key money.It’s important that Individuals seeking to open a single location should have minimum liquid capital of $ 400.000 available.
what is the franchise fee for espresso bar?
Franchise fees within espresso bar program enable us to provide pre-opening support to our franchisees, and permit franchisees access to our trademarks and confidential operations systems. The franchise fee for individual stores is $ 50.000.Franchisees pay a royalty equal to 5%of total sales. These royalties fund the ongoing support that is provided by our corporate staff.
What kind of franchise support will espresso bar provide?
Individual franchisees receive the following pre-opening support: Assistance with site selection and business planning, Guidance during the design, layout and construction process of the location, Purchasing support for equipment and inventory, Support in staff selection and recruitment, Up to 4 weeks of operation training in a pilot unit prior to the opening, Onsite training and support during the initial opening, Advice in opening and PR communication, Once your espressoBAR is up and running, our experienced Franchise support team will be available to help you build brand awareness and customer loyalty within your local market. Franchisees receive the following ongoing assistance from our support staff: Use of the espresso bar confidential operations manual, Periodic support visits to your location, Ongoing training programs for franchisees and their staff, Development of new menu items, Quality control assistance, Marketing guidance, franchisee meetings.
How long does it take to open an espresso bar?
A number of factors can influence the length of time required to open your store. On average, however, franchisees open their location within 4 to 9 months after signing their franchise agreement.