
Frequently asked questions
I am interested in learning more. How do I get started?
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.
I am interested in learning more. How do I get started?
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.
What kind of training can I expect from Coolgreens?
All new franchisees participate in a four-six week training program in Oklahoma City. This training includes real-life management experience and an in-depth tutorial about the Coolgreens Brand and Culture. Coolgreens offers many opportunities for continued and extended education after your store opens.
How much does it cost to open a Coolgreens?
In Item 7 of our latest Franchise Disclosure Document (FDD), the investment to open a Coolgreens is between $313.1K—$486.1K. 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.
Can you help me find the best site to open a Coolgreens location?
Yes. We have a professional real estate network of brokers who specialize in restaurant site selection in almost every major and mid-sized market in the US. We use state-of-the-art technology and good, old-fashioned street smart to evaluate the quality of sites. We do not accept anything less than “A+” sites.
What are the average sales of a Coolgreens?
The average sales of all Coolgreens locations are detailed in item 19 of our current FDD. We are happy to forward a copy to you after our initial call.
Does Coolgreens offer financing?
Coolgreens does not offer financing, however, we can direct individuals to financing options that members of our staff have used in the past for construction, SBA loans, and equipment leasing.
Are Coolgreens easy to operate?
Our systems have been tested and proven for more than a decade. For anyone with restaurant or franchise experience, Coolgreens systems are very easy to learn and the processes are very simple and straightforward. They do not require any professionally trained cooks or staff
What is the ideal Coolgreens site?
An ideal Coolgreens site is between 1800-2400 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.
How much are royalties and other fees?
Royalties are 5% of gross sales. (Please see our current FDD for more details.) 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 by the franchise. Our current FDD will provide you with all of the details of our fee structures. Request a copy of our current FDD by emailing [email protected]
What are the requirements of an operating partner?
Of course, we always prefer that you have either current or previous franchise experience. We require that at least one person 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 franchises 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.