Teaspoon
Food & Beverage Food Retail (Grocery, Specialty Foods)Company Information
Address
2290 Ringwood Ave., Unit E San Jose, CA 95131
Website
Tel
Email
Franchise Summary
Description
The franchisee will operate a Teaspoon cafe business. See Item 1 of this Franchise Disclosure Document for further details.
Company Background
Tune in to Teaspoon Cafe for more information.
Franchise Opportunity
Coffee is a $30 billion dollar industry that has been growing at 3% per year for the last decade. With an average of two cups of coffee being consumed in the US every single day, there's no shortage of demand. However, with so many options out there, it can be hard to stand out from the crowd and grow your business. Teaspoon cafe offers franchisees access to a proven business model that will help them succeed in this competitive market and make more money than they ever thought possible! We'll also provide you with everything else you need to get started including training materials and on-going support from our team!
Corporate Structure
We are a California corporation. We do business under our corporate name and Teaspoon. Our principal business address is 2290 Ringwood Ave., Unit E, San Jose, CA 95131. Our agent for service of process and principal business address is listed in Exhibit D.
Investment and Franchisee Fees
As of the date of this Franchise Disclosure Document, the total investment necessary to begin operation of a Teaspoon franchise is $209,000 to $492,500. This includes the $22,500 to $45,000 franchise fee that must be paid to the franchisor. If you agree to develop multiple Teaspoon businesses under a multi unit development agreement, the total investment necessary to begin operation is $239,000 to $522,500. This includes the $52,500 to $75,000 initial franchise fee that must be paid to the franchisor. Items 5 through 7 of this Franchise Disclosure Document should be consulted for further detail.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Food Retail (Grocery, Specialty Foods) Industry$920,380 / unit
Franchise Type: Standard
Average Revenue During 2020
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
|---|
Teaspoon Franchise System Development in 2020
FAQ
How much investment do I need to start my own Teaspoon business?
Franchisees typically require at least $209 to $522 investment to get their Teaspoon business started
What are the initial franchise fees for Teaspoon?
Franchisees typically need to pay at least $22 in fees directly to Teaspoon in order to earn the right to launch their business
How much money can I make with a Teaspoon franchise? What are
the average revenues for a typical Teaspoon business?
We estimate that the average revenue of an individual
Teaspoon unit is approximately
$920,380. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Teaspoon unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$513,394 to $880,343
which is
Much Higher
than the $0 to $0 average in the Food Retail (Grocery, Specialty Foods) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
Popular Franchises
Is this your Franchise?
Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today
CLAIM THIS FRANCHISE