Cuppy’s Coffee, Medina Enterprises, Elite Manufacturing Sold
April 22, 2008
The controversial Cuppy’s Coffee franchise has reportedly been sold. Here’s some of the news reported on the Cuppy’s Coffee website.
FranSynergy Inc. Acquires Cuppy’s Coffee, Smoothies & More
Cuppy’s has grown leaps and bounds since our humble beginnings in May of 2006. We currently have more than 231 franchisees nationwide and 73 open stores, with many more stores in the works!
It’s our ultimate goal to see the Cuppy’s brand grow strong and be successful. In order for this to happen, change is inevitable.
With that in mind, we have some really exciting news! We are pleased to announce that FranSynergy Inc., lead by Dale Nabors, CEO, has acquired Cuppy’s Coffee & More, Inc.
Dale Nabors has over 25 years of franchising experience and worked for the Dwyer Group from March, 1995 to August, 2000.
Dale was retained as a consultant for Cuppy’s back in September 2007. He has been instrumental in the leadership, development and implementation of many successful programs including:
- New distribution of products which has equated to 20-30% lower costs on average to our franchisees. This goes into effect May 2008.
- Negotiated changes for our cups which brings an overall savings to our franchisees by eliminating sleeves and minimizing the amount of inventory needed.
- Menu Price Generator which has helped our franchisees determine a more appropriate pricing structure based on expenses and overhead for that specific location.
- Budget Project Sheet which teaches our franchisees how to manage their expenses and determine the necessary sales to be profitable.
Dale’s primary objective is to take our organization to the next level. Dale’s vision for the future of Cuppy’s includes:
- Refocusing internal support efforts towards franchisee satisfaction.
- Working on increasing the profitability for our franchisees.
- Opening the stores we have sold as franchisees to increase national brand awareness, hence increasing brand equity.
WHAT DO YOU THINK? LEAVE A COMMENT.
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Criston Menz - Cuppy’s Coffee
April 22, 2008
We were immediately impressed with how friendly and family oriented the entire Cuppy’s Coffee organization was…. Once they had our money, everything changed.
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April 16, 2008
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April 16, 2008
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Robyn & Corey Rivera - Java Jo’z / Cuppy’s Coffee
April 13, 2008
“We have been trying to get our $30,000 deposit back for over a year. How can they get away with this? How do they sleep at night?”
Cuppy’s Coffee Originally posted on FranchisorMarketing.Com
April 13, 2008
Greg,
Let me thank you for your nieve veiw of my ablitiy to open, own and opperate a business. I should have consulted you before trying to open a thrid business. Yes you see my husband and I have successfully planed, designed, opened, and run coffee shops for 6 years now. Our choice to invest in a Java Joz was after much consideration and careful planning. Our money problems were not problems at all, you see funding was NEVER the problem finding suitable land at a resonable price however was. We tried for over a year to aquire property that was suitable for a drive thru business after all you would not invest in a location without the possablity of great returns. Sure we could have put it in another area but after all any GOOD business minded person would know it is all about location location location, but I guess our college degrees did not teach us that. Yes we could have used thier leasing dept but did you know they charge you $25k (at that time) for this service which is then sold to a third party (low and behold) your paying double for a lease that is not worth it, but I am sure you knew that. Thank you so very much for your uneducated veiw on HUNDREDS of peoples niave, get rich, easy as pie, unrealistic dream of owning a business (or another business). I am sure with veiws like this you will make it far in life.
Robyn & Corey
Franchisees
April 12, 2008
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We encourage personal accountability, detailed facts and honesty. We discourage personal attacks & insults, vagueness and hyperbole. The opinions expressed and statements made on UnhappyFranchisee.Com are solely those of their individual authors and are neither verified, controlled nor shared by UnhappyFranchisee.Com, Relentless, Inc., its owners, readers or staff.
