In addition to earning an ongoing licensing fee charged quarterly as a percentage of each cafe’s revenue, SPoT will also earn revenue based on the supply of SPoT’s micro-roasted coffee, related coffee products and corporate branded material.
The initial expansion of cafes will focus on southern Florida, and all Florida cafes will continue to be developed and operated based on the cafe operating model established by SPoT.
In addition to this driving SPoT expansion in Florida on a system-wide basis, this initial regional licence will enable the company to further develop and refine a broader regional licensing strategy that it can then roll out on a larger scale across North America to drive greater system-wide cafe expansion.
Source: SPoT Coffee
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