Franchise Opportunities >> Frequently Asked Questions
What's unique about this franchise opportunity?
Seekers® is a faith-based opportunity that offers a place for specialty coffee, quick-serve food, merchandising, live entertainment and a wholesome, family friendly environment that puts "community" back into the neighborhood
What's the franchise fee for a Seeker® franchise?
The initial franchise fee is $25,000 and includes all training required to open a store.
What are the financial requirements?
Prospective franchisees should have a minimum net worth of $100,000 and liquid assets of at least $40,000. The total investment for a Seekers® franchise is approximately $250,000 including the franchise fee and some cash reserves to support the start-up of the business.
What are the ongoing fees associated with this franchise?
The ongoing Royalty fee is 4% of gross sales.
Is Seekers® a Public or Privately held company?
We are a privately held company that began business in 2001 as a response to the need in our marketplace and as an extension of the youth ministry the cofounders were leading. Franchising began for us in 2002 and was a result of people visiting our store in Cleveland, Ohio and realizing the need for this unique concept in their marketplace too.
Does Seekers® allow a franchisee to operate more than one store?
Yes. The qualified multi-unit franchisee would have a proven business background (preferably in multi unit operations) and have a minimum net worth of $500,000.
Can the franchisee be an absentee owner?
We require the franchisee to be an owner/operator of the store. Multi unit stores can be operated by managers.
What size market does this store need to operate?
Typical markets would have at least 30,000 people and a car count of 35,000 per day.
What's the size of a Seekers® store?
Typical size is 3,000 sq. ft.
How long does it take to get from signing the Franchise Agreement to opening a Seekers store?
On average, our stores open in 6 to 8 months.
Seekers® Store :: Espresso Carts and Kiosks
Initial Investment :: Frequently Asked Questions :: 5 Easy Steps
Request for Information :: Request for Consideration
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