Cefoire, a privately held company, is competing in the food, ice cream and frozen yogurt franchise industry, it was incorporated in 2006. Cefiore within such a short span of time has been able to capture a considerable share of the American market. It started its operations as franchising in 2006.
Cefiore’s main product is non fat frozen yogurt, the most well known flavors in this are Green tea, golden cherry, Raspberry pomegranate, and chocolate. It has gained a lot of importance because American people are becoming more aware of their health and so the low fat frozen yogurt attracts them. Because of its unique and delicious flavors Cefiore has been able to grow rapidly and in 2008 it had 27 U.S franchises and 3 company owned shops. In 2009 it was ranked to be number 417 in the Franchise 500 rank and number 36 in the top new ranking.
Cefiore is a subsidiary of Todai, which is a seafood and sushi buffet franchise. Cefiore offers a range of food items including yogurt, smoothie, snow ice, waffle, coffee, tea, etc and is one of the most popular frozen yogurt companies in Southern California. Slowly it is gaining popularity across America. Internationally it is currently available in China, Australia, Turkey and Canada.
Because of its uniqueness Cefiore has been able to capture a considerable market as opposed to other companies. Cefiore provides its franchisees with ongoing support and training throughout the life of the franchise. Ongoing support is provided in the form of meetings, grand openings, field operations, field procedures, security procedures, safety procedures, purchasing cooperatives, newsletter, marketing support, marketing campaigns, advertising etc. Cefiore provides comprehensive training sessions which include in house and classroom trainings. The training lasts for 3 – 7 days at the headquarters and another 3-7 days at the franchisee location.
Requirements for running a Cofiore Franchise
The pre-requisites required to qualify for a franchise of Cefiore are; net worth of $ 750,000 and liquid assets worth $ 200,000. It is also essential to have an aim or a goal in mind for the future and is determined and passionate about the business. Other than the mentioned qualifications it is also vital to have a complete understanding of Cofiore’s franchise agreement and operating standards along with fervent and optimistic entrepreneurial approach.
Currently Cofiore is planning to expand and so is looking for franchisers nationwide as well as worldwide. This is a great opportunity for those looking for franchises, as Cofiore is not only unique in its concept but also provides support and training through out the franchise process which is not common these days.
Costs associated with running a Cofiore Franchise
The total investment required for the franchise of Cefiore varies between $196,500 – $425,000 depending on the location and size of the restaurant. The franchise fee is $20,000 and there is an ongoing royalty fee of 3%. The term of agreements last for five years and are renewable.
The contact information for Cefiore is as follows, 19481 San Jose Avenue, City of Industry, California, 91748. Phone number: (909) 869-7727, email address:email@example.com, Website: http://www.cefiore.com.