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Coffee Time Donuts
Coffee Time Donuts is a Canadian-based chain eatery that serves a classic breakfast one-two punch: coffee and donuts. Coffee Time Donuts guarantees a great cup of coffee, no matter what time of day it is purchased. Almost all stores are open 24 hours a day, 7 days a week, meaning that customers can get their caffeine fix whenever they need it. Despite its name, Coffee Time Donuts is not all coffee and donuts. The restaurant’s menu also features items such as smoothies, baked goods, soups, salads, sandwiches, and breakfast sandwiches.
Facts & figures
When looking for potential franchisees, Coffee Time Donuts insists that no experience in the coffee business is necessary. Coffee Time Donuts is so confident its thorough four-week training program in Toronto that it believes it can instill the necessary tools in born leaders who are motivated to succeed.
Coffee Time Donuts Franchise Opportunities - History
In Ontario, Canada, Tom Michalopoulos opened the first Coffee Time Donuts in 1982. Finding success, the business grew all around the country, as well as internationally.
Coffee Time Donuts Franchise Cost / Initial Investment / Coffee Time
Donuts Franchise Income
Coffee Time Donuts has a franchise fee of $25,000. Franchisees must have the liquid capital to fund at least 50% of the start-up costs, although Coffee Time Donuts does not specify how much that may be on its website. However, it does say that the ongoing royalty fee is 5% of sales, while an additional 2% of sales is allocated toward advertising efforts.
Coffee Time Donuts Business Opportunities: Other Information
Although Coffee Time Donuts is largely a Canadian brand, international franchising is an option. Coffee Time Donuts believes it has a winning formula, so as long as the franchisee has the right attitude and commitment, a restaurant can succeed in any location. Coffee Time Donuts helps its franchisees: choose a site and negotiate a lease, train to be a barista, source food and supplies, host a store grand opening, raise brand awareness, and advertise.
