Want to learn more? If you haven’t already, go ahead and fill out our contact form! Our franchise development team will get in touch with you ASAP to answer your questions and tell you about next steps.
In Item 7 of our latest Franchise Disclosure Document (FDD), the investment to open a Coolgreens is between $302K to $514K. For more information, please refer to our investment breakdown page. The determining factors of your investment will be based on the type of location that we find and its condition. These cost factors can range considerably, but are accounted for in the cost range presented in our current FDD.
We promise to take good care of you. All new franchisees participate in a four-week training program in Oklahoma City. This training includes real-life management experience and an in-depth tutorial about the Coolgreens Brand and Culture. But it doesn’t end there. Coolgreens offers many opportunities for continued and extended education after your store opens. From digital training, on-site expertise, best-in-class franchise business consultants, field marketing managers, and discipline-specific specialists, Coolgreens takes training to a new level.
Royalties can range from 4 to 5%. Several factors are considered, please see our current FDD for more details. Our Brand Development Fee is 1% and currently is not collected. There are some smaller monthly subscription fees from our vendors that will be paid. Our current FDD will provide you with all of the details of our fee structures. Request a copy of our current FDD here: firstname.lastname@example.org
An ideal Coolgreens site is between 1800 and 2400 square feet. Although end caps with patio space are preferred, we will consider inline space as well. We look for shopping centers that are anchored by big box retailers such as Target, or grocers such as Whole Foods or Trader Joe’s. We like to be in trade areas that include fitness centers such as LA Fitness, Orange Theory, or Planet Fitness. Other restaurants that share similar demographics would include Chipotle, Smashburger, PF Chang’s/Pei Wei, and Chick-Fil-A. We like to be on primary roads that have 40,000 VPD, higher end demographics, and are close to business corridors.
Yes. We have a professional real estate network of brokers who specialize in restaurant site selection in almost every major and middle sized market in the US. We use state-of-the-art technology and good old-fashioned street smarts to evaluate the quality of sites. We do not accept anything less than “A” sites.
Of course we always prefer that you have either current or previous franchise experience. We require that at least one person on your ownership team has previous restaurant experience. At Coolgreens it is important to be involved in your business and understand what's happening day to day. We also understand that you may have other business or commitments that are under your control as many of our franchisees will be multi-unit operators of our franchise and others. For us to better understand if we will be a good fit, please complete the inquiry form and a franchise development representative will contact you.
The systems have been tested and retested for eight years. For anyone with restaurant or franchise experience, Coolgreens systems are very easy to learn and the processes are very simple and straight-forward and do not require any professionally trained cooks or staff.