Business Opportunity
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a Durango Joe’s Coffee establishment. It is for informational purposes only. If after reading the following you are still interested in receiving an information packet and application, please e-mailJoe Lloyd, Owner and Durango Joe's Coffee.
The Advantages of Owning a Durango Joe’s Coffee Drive Thru
Licensing Agreement - An Unbeatable Business Format
A Licensing Agreement gives you the opportunity to go into business for yourself and accelerate your success by being part of a well-established, branded system. The coffee business is becoming increasingly competitive, and just like fast food 30 years ago, the specialty coffee business is beginning to shift to chains because of their advantages in specialized training, innovative product introductions, management control systems, purchasing power, and
specialized promotion and advertising.
Coffee Shop Training
You will experience manager training skills, and learn from day one what works and what doesn't. Master everything from how to make the perfect cappuccino, to hiring the right staff, and learning more than you ever imagined about
specialty coffees.
Innovative Products
Durango Joe’s is continually introducing tempting hot beverages and
refreshing Frappajoes. Durango Joe’s passion for quality has made us a leader in specialty coffee in the Four Corners.
Ongoing Support
Work for yourself - not by yourself. Tap into the expertise of seasoned professionals. At Durango Joe’s we never forget that your success is our success!
Frequently Asked Questions:
Listed below are some of the most frequently asked questions about becoming a Durango Joe’s Coffee Partner.
How many years has Durango Joe’s been in existence?
The first Durango Joe’s Coffee opened in April of 2004 in Durango, Colorado. Since 2004 we have opened 6 more locations existing in Durango, Colorado, Farmington, New Mexico and Bloomfield, New Mexico.
Do I receive guidance on the purchase of coffee beans and other foods and supplies?
Yes. High quality products are essential for our concept. Durango Joe’s will
provide you with a full purchasing program. We will supply a listing of all our
Inventory Accounts, which will enable you to order high quality products and share in the pricing we attain because of our buying volume. You must buy coffee beans from our authorized distributor.
Do I need prior experience in the retail coffee business?
Previous experience managing a retail business is a great advantage and the
preferred route to becoming a Durango Joe’s Coffee Partner. However, with our
extensive training program and years of experience we will get you ready to
operate a Durango Joe’s Coffee store.
What are the financial requirements to become a Durango Joe’s Partner?
We require an approximate net worth of $250,000 including $35,000 in cash on the day of opening your own Durango Joe’s Coffee Drive Thru.
How much is the Licensing Agreement fee?
The Licensing Agreement fee is $25,000 for a full line Coffee Drive Thru.
What is the length of my Licensing Agreement?
The initial term of the Licensing Agreement will match the term of your lease.
What is the investment required to open a Durango Joe’s business?
The total initial investment to own a Durango Joe’s drive-thru is $215,000. This includes:
• A $25,000 Licensing Agreement fee
• A New Drive Thru Coffee building, specially designed for a double drive thru coffee shop with state of the art features.
• Fully furnished with top of line coffee equipment, refrigeration and much more.
• Management training
• Product Support
• Prime location – easy in and out access.
• Fantastic traffic count – over 30,000 cars a day
• A completely turn key operation set up for your success.
• Established clientele.
Is financing available for my Durango Joe’s business?
Yes. Several outside financing companies provide both SBA and more traditional finance lending to qualified partners in the Durango Joe’s system. Durango Joe’s does not offer direct financing.
How much is the monthly royalty fee and marketing fee?
The royalty fee is 5% of net sales or $1,200.00 flat fee a month—whichever is greater. In addition, there is a marketing fee that is 1 percent of gross sales.
Is there a training program?
Yes. Upon execution of your franchise agreement, and prior to your store opening, you and or your operating partner will receive comprehensive training. This comprehensive training program covers every aspect of operations including
purchasing, merchandising, hiring, and product knowledge. There is no additional fee for the training at this time.
Do you have opportunities for multi-unit development?
Yes. For qualified individuals, we have multi-unit development opportunities under a separate Area Development Agreement.
What kind of a person are you looking for to own, operate and manage a Durango Joe’s Coffee Drive Thru?
• Someone who is passionate about treating people right.
• Someone who has a passion for great tasting coffee.
• Someone who is dedicated to operational excellence.
• Someone who is dedicated to creating a positive guest experience that is in-line with our mission and core values.
• Someone who is 100% committed to running a successful business full time and knows that it will take a lot of dedication and hard work everyday.
• Someone who understands the value of community involvement, will support our marketing activities, and will commit to be involved with their own local community.
• Someone who will enjoy the journey and join in on the fun!!
I am definitely interested in owning and managing my own Durango Joe’s Drive Thru. What do I do next?
If you are still interested in receiving an information packet and application, please e-mail Joe Lloyd, CEO/President of Durango Joe's Coffee. You will then be asked to complete and return a Durango Joe’s application. Upon receipt of your application, it will be reviewed, and we will contact you.
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a Durango Joe’s Coffee establishment. It is for informational purposes only.
