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Entrepreneur Magazine December 2010 - "Franchise 500"

Founded: 1998 Franchising since: 2003
Address:
28290 Franklin Rd.
Southfield, Michigan 48034
Phone:
(800)940-9687 
 

Franchisor is a privately-held company with 10 employee(s); 2 employee(s) in franchise department.

FRANCHISE UNITS
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2011 29 1 0 4
2010 18 0 0 6
2009 17 0 0 5
2008 11 0 0 6
2007 13 0 0 5

WHERE SEEKING FRANCHISEES
In the U.S. Illinois, Michigan, Missouri, Midwest, Northeast, Ohio, Pennsylvania, West
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 1.5-mile radius
 
Total investment: $219,900 - $432,600
Franchise fee: $39,000
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable

TYPE OF FINANCING AVAILABLE
  In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No
QUALIFICATIONS
Net worth requirement: $350,000
Cash liquidity requirement: $150,000
Business Experience:
  • General business experience
  • Marketing skills
 
OPERATIONS
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 10
  • Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)
 
Training
  • Available at headquarters: 3 weeks
  • At franchisee's location: 1 week

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks
  • Seasonal marketing plans, in-store & online promotions
 
Franchise 500 Ranking:
#316 (2011)
 
Entrepreneur - 2012 Top Franchise 500
Toledo City Paper "Best Soup" 2011
Fast Casual Magazine 2006 – 2011 - Top 100 Movers & Shakers
Metro Times October 2007 - "Best of Detroit"
Nation’s Restaurant News 2005 – “Hot Concepts!” Winner
AOL City Guide Detroit - City’s Best Healthy Dining 2005
Detroit Metro Times – “Best place to get full from liquid-based meals” 2005
Inc. 500|5000 Fastest Growing Companies - 2007-2010
Columbus Business First - Soup chain stirring up downtown debut
Now Hiring - Public Relations & Communications Specialist
Source - Name of Article
TribLocal Warrenville - Zoup is Open for Business
MySuburbanLife.com - Zoup! to celebrate Warrenville location opening Thursday
CantonRep.com - ZOUP! IS ON THE WAY
Pantagraph.com - Soup to be star at new B-N restaurant
Village Chronicles - Fresh Soup Company Stirs Up Warrenville
MySuburbanLife.com - Soup is on at Zoup!
The Columbus Dispatch - Zoup is on Downtown
The Other Paper - More soup on High
Fast Casual - Zoup! to roll out NEXTEP's Foundation5 platform
National Sandwich Day Live from Zoup!
Indystar.com August 2011 - Just in time for fall -- Zoup! coming to Carmel
PizzaMarketplace.com August 2011 - Growth spurt: Inc. 500 list full of fast casual concepts
2011 Inc 500|5000 Rankings
MLive.com September 2011 - Zoup! is on at Medical Mile food court
Cleveland.com September 2011 - When you're caught up in details...
Phantom Gourmet September 2011 - Chili
Columbus Monthly September 2011 - Dining Notes
QSR Magazine October 2011 - One to Watch: Zoup! Fresh Soup
Glancer Magazine July 2011 - Dining Critiques
Nation's Restaurant News - Souping up sales
Detroit Free Press - Area restaurateurs step up in a big way for those in need
Downtown Columbus - Downtown Dish Serving up Zoup!
Hudson Hub Times October 2011 - Local entrepreneurs expand to second business location
TribLocal August 2011 - Zoup! Fresh Soup Company to Stir Up New Recipes in Warrenville
QSR Magazine October 2011 - CEOs Miss What Motivates their Team
Indianapolis Business Journal July 2011 - Developer launches $19M apartment project in Carmel
Wall Street Journal June 2011 - When Family, Friends Can’t Lend You Start-up Funds
The Oakland Press June 2011 - Zoup! reopens in Pontiac location
Waterloo Chronicle April 2011 - Waterloo to be the proving ground for American soup franchise
Toledo City Paper October 2010 - Soup de jour
ExpressNightOut May 2011 - Bowled Over
Metromix May 2011 - Mix and match plenty of salad, sandwich and soup choices
Wall Street Journal November 2010 - "Want to Buy a Franchise, the Price Just Went Up"
The Express Times September 2010 - "Taste Buds"
The Express Times September 2010 - "Zoup Celebrates Grand Opening at Airport Center"
Cincinnati Business Courier July 2010 - "New Soup Restaurant Coming to Cincinnati"
Holland Sentinel April 2010 - "Zoup’s on! Soup franchise comes to Holland"
Daily Record April 2010 - "Zoup! Comes to Menlo Park in Edison"
Crains Detroit Business January 2010 - "Zoup! Stirs Up Plans for 100 New Stores in Five Years"
Restaurants & Institutions March 2010 - "Selling Healthy to Consumers"
The Detroit News June 7, 2007 – “Franchise Expansion Simmering at Zoup!”
Fast Casual Magazine July 2006 – “Zoup! Is Du Jour”
Nation’s Restaurant News January 2005 “Contender Puts Expansion on Slow Burn, Plans Simmering for 12 New Outlets in 2005”
Crain’s Detroit Business September 2002 – “Motor City Soup: Online Ordering Drives Soup Sales at Zoup!”
Dayton Daily News June 2011 - Soup eatery eyes Dayton market
Downers Grove Reporter January 2011 - "New soup option comes to suburbs."
Capital Gains January 2011 - "Newly opened Zoup! brings18 jobs and more eatery options to downtown."
Lansing City Pulse January 2011 - "Prepare to be bowled over."
Evansville Courier & Press January 2011 - "Second Zoup! restaurant to open in Evansville"
The Boston Globe December 2010 - "New Franchise Proves Any Food Can Be Soup"
The Waterloo Region Record March 2011 - "Enterprise"
The Denver Daily News March 2011 - "Town Talk"
Daily Herald March 2011 - "Soup's on as Zoup! franchise debuts in Illinois"
City's Best D.C. February 2011 - "New Stores Coming Soon"
Washington Business Journal February 2011 - "New Zoup franchisee hopes soup is hot in D.C. market"