|First Location||Opened September 2006|
|Start Up Costs||$275K - $650K|
|Location||Average Net Sales||Median Net Sales||High||Low||Number Exceeding Average|
|Average 5 CoCo Restaurants||$853,538||$812,624||$1,263,691||$544,777||2 (40%)|
The concept is based on an authentic food tradition, which dates back centuries and has not truly been marketed yet to its full extent. There are not many new innovative food concepts that can be introduced in the market with global appeal.
Ingredients are prepared daily as needed, and our products are cooked to order, there is very little wastage and food costs are extremely low. We have specifically researched ideal quantities to simultaneously respond adequately to our customers’ needs and minimize the food cost for the operator. If our guidelines are respected, it is a win-win situation for everyone. In the end, we strive to have as low a food cost as possible since we realize its critical impact on profit margins and franchisees’ satisfaction. This enables us to maintain very competitive pricing and to position ourselves within the fast casual segment.
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