Cafe2U wins major AFR award
Written on the 6 December 2009
The Cafe2U mobile coffee franchise has been awarded best value franchise system by Australian Financial Review Smart Investor magazine in the December 2009 issue. In the $50,000 to $150,000 price range, it was lauded as one of two of the best value systems in the market out of more than 1,000 contenders.
One of the fastest growing business concepts in the nation, Cafe2U is now the largest mobile coffee franchise in the world. Since developing into a franchise system in 2004 from a one van operation on Sydney’s Northern Beaches in 2004, there are now 92 franchises in Australia with a further 51 throughout the UK including Scotland, Northern England, Southern England, the Channel Islands and Northern Ireland.
The franchise group turns over more than $20million and is now planning to repeat the success in more overseas destinations including the US and South Africa
Cafe2U currently serves over 6.25 million cups of coffee a year on average, with the figure set to be the tip of the iceberg as they continue to make big inroads overseas
A significant factor behind their ranking by AFR Smart Investor was their unique Acceleration Package, which has fast tracked 15 new franchisees since its introduction earlier in the year.
Cafe2U provides an income guarantee for the first two weeks, with a daily business schedule constructed with the assistance of the franchisee’s allocated Franchisee Development Manager.
It includes a unique 4 week training and support package as part of all new franchise purchases. The new business is built alongside a dedicated franchise coach and mentor, and an income guarantee enables a confirmed income from day one.
This makes the rewards of small business ownership achievable in a much accelerated time frame.
Since the launch of the Acceleration Package in March 2009, Cafe2U mobile coffee franchise has launched 6 in Perth, 4 in NSW, 3 in Melbourne, 1 in Adelaide and 1 in Canberra.
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