Caffino FDD Summary
Type of Business
As a franchisee, you will operate a CAFFINO outlet that sells premium-quality coffee espresso beverages and affiliated products. Generally, the outlet will be a double drive thru, free-standing facility.
CFC is a California corporation formed on March 16, 2001. CFC does not do business under any other name. CFC’s principal business address is 4070 Nelson Avenue, Suite G, Concord, California 94520. Caffino, Inc. is a California corporation formed on November 4, 1993. It does not do business under any other name. Its principal business address is 4070 Nelson Avenue, Suite G, Concord, California 94520. Caffino, Inc. owns 100% of the issued and outstanding common stock of CFC.
The initial franchise fee is $25,000 for the first outlet, $15,000 for the second outlet, and $10,000 for the third and all additional outlets. Although initial training is included with payment of the initial franchise fee, replacement trainee training will cost $1,000 to $2,000 per person, if necessary. You must also pay to CFC $25,000-$30,000 for grand opening expenses and pre-opening training support services in the amount of $30,000 for the first outlet and $20,000 for each additional outlet. In addition, you must purchase in advance, in cash, inventory from CFC, Caffino, Inc., Sonofresco or other CFCapproved vendors for about $4,000 to $5,000. The estimated initial investment required if you are acquiring and developing a new CAFFINO outlet ranges from $288,000-$516,000. This sum does not include rent for the business location.