The third member of our team has experience working

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The third member of our team has experience working for a successful coffee shop as a barista, as well as multiple years of experience working in all facets of running a local branch of an international nonprofit. With the nonprofit he did the bookkeeping, budgeting, marketing, program and event management, staff management and training, and fundraising to make his branch successful.One of the upsides of franchising with Black Rock Coffee is that the some of the businessskills that we lack are taken out of the equation by using their name and products. The fact that we don’t have in depth knowledge of the best types of coffee beans, syrups or chocolate powdersis made up for by the fact that you buy those items directly from the corporate office that does have detailed knowledge of what is best. The other business skills that we lack such as accounting, business law and the necessary insurance we need can be covered by hiring the right advisors. One of our team members has access to mentors who have opened their own very successful coffee shops, independent and franchised, who are willing to share their experiences and expertise.
Section 4 Timeline and Basic PlanBlack Rock Coffee does not offer as much online information on franchising as some of their competitors, however we were able to find the estimated initial investment from the Black Rock Franchise Disclosure Document (FDD) and have been able to come up with an estimated time frame based on information available from other coffee companies including Scooter’s Coffee, Dutch Bros. Coffee and Elliano’s Coffee. The estimated initial investment to open our Black Rock Coffee franchise will be between $166,100.00 and $332,900.00 with an average costbeing $249,500.00 (Black Rock Coffee Bar FDD item 7) and it will be between one to two years from starting the process to opening the store.The following is our proposed timeline for opening our Black Rock Coffee Bar.Step 1: Contact Black Rock Coffee Bar Corporate Headquarters. (1-2 weeks)It is important to visit with the franchisors to find out more about their operation and discuss the franchise package they offer. It is also important to invest in a relationship with the franchisor.Step 2: Talk to current franchisees. (1-2 weeks)It is important to talk with current Black Rock franchisees to ask some important questions, like “did the franchisor deliver on all their promises?” and “are you currently earning a profit?”Step 3: Fill out an application (1-2 weeks)After the initial meeting with Black Rock we will have to fill out an application to prove that we meet all of their qualifications to open a franchise. Step 4: Receive Franchise Disclosure Document (2-4 Days) $200.00Once the application has been processed and accepted we will need to purchase a FDD, sign and return to Black Rock Coffee.

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