Monthly marketing payment :
Number of franchises
$ 12 000*
* Calculator calculations are provisional, not guaranteed
Foundatoin year: 2008
Year of franchising: 2011
Company units: 37
Franchise units: 208
Total number of units: 245
Number of employees per unit:
Contract period: 60 month
The Mikel Coffee Company began service in 2008 and began expanding rapidly in late 2011 with numerous franchises across Greece, then later expanding in 2015 across the globe to where it is at today.
We would like to convey to you our ambitious franchise expansion plan that either normal franchisees or area franchisees would help greatly in maximizing and reaching its true potential. Our products are of a very high quality, and our coffee is second to none. We have supreme faith in our brand image and our coffee. We are currently located in many countries throughout the globe, and rapidly expanding as we speak there are about 240 Mikel stores around the globe. In the context of our continuous expansion and development, we are looking for new franchise partners capable of spreading the values and philosophy of Mikel around the entirety of Greece, the USA, Canada, the UK, Australia, Saudi Arabia, the UAE, Cyprus, Bulgaria, North Macedonia, Kuwait, Turkey and many other countries soon to become a part of the International Community of Mikel.
Our aim is to expand throughout the entire globe and be able to reach most countries around the world in the future.
REQUIREMENTS TO BUY MIKEL FRANCHISE:
$150,000 for a Franchisee, $500,000 for an Area Franchisee and $1,000,000 for a Master Franchisee
Average monthly revenue is at $50,000, 5% of that is taken as a royalty fee monthly by the Mikel Coffee Company, and 2% of the Annual Revenue is allocated by the franchisee for marketing purposes for his own Mikel store which is aimed at promoting the Mikel brand across a wide array of platforms.
Mikel Coffee Company has a franchise fee of $55,000 with a total initial investment from $150,000 for a Franchisee, $500,000 for an Area Franchisee and $1,000,000 for a Master Franchisee. 50 – 150 m² on average but we have some in excess of 500 m² and one with over 3000 m². 2% of Annual Revenue for Marketing Purposes at the Franchisees disposal. Average turnover per month: $50,000
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