Total investment:

$ 150,000

Franchise fee:

$ 50,000

Royality fee:

5%

Monthly marketing payment :

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

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

FRANCHISE ONLINE

WEBSITE

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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