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Monday
May312010

the streat Franchise

Cafe

In 1999 husband and wife team Michael and Nikki McQuillan opened their first streat cafe in Belfast. Their vision was to develop the streat as the best known and most successful cafe concept to come out of Ireland by delivering consistently great food and coffee with award winning service in contemporary surroundings Since developing their successful formula into a franchise and investing heavily in the business while developing a substantial management team, the streat has rapidly become Ireland's fastest growing Cafe franchise. It is renowned for its fresh food, fabulous coffee and friendly service.

More than a cafe...

Franchise business owners are developing successful businesses within their streat cafes and growing their businesses beyond the cafe door by creating substantial outside catering and food delivery elements. Franchise business owners are supported and guided by the franchise support team in this, more than a café approach to business development. With 30 Cafe Outlets currently established and more opening, throughout Ireland, the streat is now launching its innovative "more than a cafe" business model into Great Britain and beyond.

Start-up Costs & Franchises Fees

What is the total cost to open a the streat Franchises?

Total Cost: $160,000 USD -$260,000 USD
Total Franchise Fees: $50,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 2%

Contact Information for the streat

the streat
Innis House
Innis Court
Holywood,
BT18 9HF

Phone Number: 02890 42 42 80
Fax Number: 02890 42 42 90

Franchise Homepage:

the streat In the Press

No results at this time.

Historical Expansion

In what year did the streat begin operations? 1999
When did the streat begin selling franchises? 1999

Year United States Canada International Corporate
2007 0 0 30 0

Training & Support

Training
It's no secret that the main building block of the streat's success has been its commitment to investment in training, which is virtually unique in this sector. This passion for excellence has resulted in the streat being the only franchise ever to win the prestigious UK National Training Award. The business has always been underpinned by quality training which facilitates an effective transfer of knowledge, skills and expertise in a franchise relationship.



Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.