World Traveler Coffee (WTC) is beginning their Franchise adventure and are looking for entrepreneurs or acquisition targets to help grow their presence and brand nationwide. WTC is looking for not only single franchise owners, but area developers as well. Established in 2016 as a high-end coffee shop and roastery with the first store opened in 2019 in Roseville, CA, they have expanded to 6 company owned locations and 4 franchisee locations which are in various states of build out. Their Mission is to serve the finest, hand-crafted coffee while delivering an unparalleled hospitality experience that exceeds customer expectations. They are committed to quality and to creating a welcoming environment where every customer feels valued and appreciated. Their Vision is to be the leading high-end coffee chain recognized nationally for their exceptional coffee, innovative offerings and unmatched customer service. WTC’s vision is to expand nationally as a premier coffee chain.
The total investment necessary to begin operations of a single World Traveler Coffee Café ranges from approximately $234,000 to $286,000 dependent upon the location and the size of the space. This investment includes initial inventory, training, marketing support, etc. The franchise fee is $35,000, and you will need to have liquid capital of $150,00 and a net worth of $350,000. Royalty fees are 5% of gross sales. Advertising fund is 2% of gross sales. Products must be purchased directly from World Traveler Coffee. The café must be open within 1 year after signing your Franchise Agreement.
What makes a World Traveler Coffee Franchisee successful?
• Offer a unique and diverse menu to cater to all communities including in house bakery and pastries
• Extensive training and support cover all aspects of the business – from coffee preparation to customer service, inventory management, marketing, effective staff management, including hiring, training, scheduling and performance management
• Continuous support including operational assistance, marketing campaigns and access to their expert team
• Provided technology solutions, such as a point-of-sale (POS) system and inventory management tools
• A Mobile App that is easy to use, Innovative, intuitive, and visually appealing. The app has intuitive navigation that allows users to interact with the app seamlessly.
• Financials management tools to help manage performance, budgets and generate reports
• Detailed operational manuals and regular training sessions
Who is the ideal candidate?
• Prior small business ownership an advantage
• Sufficient financial resources
• Franchisees who want a partnership with their Franchisor
• Alignment with brand values, mission and culture
• Ambitious, Dedicated, Right Attitude and Realistic Expectations
• Proven track record of customer-centricity, and a strong adherence to quality standards
Financial Information
$234,000
Asking Price
N/A
Cash Flow
N/A
Gross Revenue
$234,000
Down Payment
N/A
Adjusted EBITDA
Business Location
City:
Folsom
State:California
Reason for Sale
Expanding a new franchise concept across the United States.
Detailed information
Year Established:2016
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:30
Inventory Included: No
Monthly Rent:
On request
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: No
Training/Support
Extensive training and support cover all aspects of the business – from coffee preparation to customer service, inventory management, marketing, effective staff management, including hiring, training, scheduling and performance management
Market Outlook/Competition
The global specialty coffee market size was estimated at $21.92 Billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2023 to 2030. The demand for specialty coffee has been experiencing significant growth in recent years, with numerous factors contributing to this growing interest
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
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