Home » Franchise Articles » Jo To Go Coffee Creates Revolutionary New Incremental Franchise Fee Structure
Jo To Go Coffee Creates Revolutionary New Incremental Franchise Fee Structure
Jo To Go Coffee now offers an Incremental Franchise Fee Structure for entrepreneurs interested in opening their own specialty coffee franchise.
/Franchise PR News/ - GREENBAY, WI - May 26, 2007 - Jo To Go Coffee, in response to the needs and concerns of future franchisees, has developed an Incremental Franchise Fee Structure that allows entrepreneurs to take small financial steps towards the opening of their Jo To Go Coffee drive-thru predicated on first finding an approved real estate site.
"The bottom line is that, even though Jo To Go Coffee drive-thrus have enjoyed success, many folks didn't feel comfortable putting out a lump sum franchise fee payment early in the process," commented Jo To Go Coffee Vice President of Franchising, Jonathan Lukens. "The new process allows franchisees to take 'baby steps' toward paying the franchise fee. It has already proven to be very popular."
As part of the new fee structure, Lukens has broken down the franchising process into four simple steps:
Step 1) Franchise Application and Real Estate Training: The first step is completion of a no-obligation franchise application and enrollment in the Jo To Go Coffee Real Estate Training program. The training program provides professional training and assistance on how to scout for a Jo To Go Coffee drive-through site. The process culminates in the participant's completion of a real estate site evaluation form. The initial fee for this step applies to the franchise fee if the participant decides to continue in the franchising process.
Step 2) Site Evaluation Application Approval: Armed with knowledge from the Real Estate Training Program, future franchisees identify real estate site options locally, complete the real estate Site Evaluation Application for each site, and submit them to Jo To Go Coffee for review and approval, along with a refundable site approval fee.
If Jo To Go Coffee approves one or more sites, this fee applies to the final franchise fee and the process continues. If Jo To Go Coffee does not approve the sites, the entrepreneur has the choice to either find other sites options and re-submit for approval or have the approval fee refunded with no further obligation.
Step 3) Franchise Agreement: Upon approval of the drive-thru site, Jo To Go Coffee customizes the appropriate franchise agreement documents, which the entrepreneur returns with 60% of the franchise fee.
Step 4) Store Opening: The remaining amount of the franchise fee is payable after the store has been set-up and the staff has undergone comprehensive Jo To Go Coffee in-store training.
Jo To Go Coffee franchisee, Matt Lutsey of Atlanta, GA commented about this new franchising process: "When it came time to sign the franchise application, I was completely comfortable about my decision to open a Jo To Go Coffee drive thru. Jo To Go Coffee does a great job in guiding entrepreneurs along the path to opening their own specialty coffee business, and the new Incremental Franchise Fee Structure allows for much more flexibility."
JO TO GO Coffee is a leading specialty coffee drive-through. Founded in Green Bay, Wisconsin in 1998, JO TO GO Coffee caters to busy lifestyles with speed, convenience, and fun. JO TO GO Coffee has been hailed by Entrepreneur Magazine as the counterbrand to the world's leading specialty coffee retailer and continues to add coffee franchise opportunities across the U.S. The drive-thru coffee bar has franchises under contract in Georgia, Illinois, Kansas, Michigan, Missouri, New York and Wisconsin. For more information about JO TO GO Coffee , please visit www.fabulouscoffeefast.com or www.jotogo.com.
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Press Release Contact Information:
Cathy Zehms
Jo To Go America, INC
Publicist
1263 Main Street
Green Bay, WI
USA 54302
Voice: 920.884.6601
Fax: 920.435.5444
Website: Visit Our Website |
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