Parlay Cafe(R) Teams up with Accurate Franchising, Inc. to Manage International Franchise Expansion
WEST PALM BEACH, FL, February 11, 2021 /24-7PressRelease/ -- Parlay Cafe(R), a shared workspace concept that fills the niche between the local coffee shop and co-working space, has teamed up with Accurate Franchising, Inc., an affiliate of the United Franchise Group(TM) (UFG), the global leaders for entrepreneurs, to grow the Parlay Cafe brand worldwide. Parlay Cafe provides an upscale environment where remote workers can Work, Meet, or Relax, and is projected to add 1000 units internationally over the next 10 years.
Based in Temecula, CA, the Parlay Cafe concept launched in 2019 and offers a welcoming space for professionals. A member lounge, private conference rooms and phone booths are available to members seven days a week, during operating hours. Each space is equipped with a full-service espresso bar, which is also open to the public. Membership at Parlay Cafe is flexible and is offered in three tiers: hourly, daily, or monthly.
"Accurate Franchising and United Franchise Group bring established experience in the franchise space around the world. Their incredibly extensive marketing, sales, and support network and resources are what attracted us to this partnership," said Don Mastrangelo, CEO and Founder of Parlay Cafe. "After researching various partners and strategies, it was clear that aligning with Accurate Franchising was the obvious choice to grow our unique brand."
Parlay Cafe is unlike any other quick service business model, with three diverse revenue streams inside the same footprint as a traditional cafe. The average square footage of a Parlay Cafe is 2,500 sq. ft.
The brand is currently seeking single and multi-unit franchisees to expand the brand both domestically and internationally. Franchisees will receive one week of intensive training at Parlay Cafe's flagship location in Temecula, followed by a second week of hands-on training at their franchised location. Franchisees should be business-savvy individuals with a strong work ethic. The brand's initial franchise fee is $35,000 and the minimum estimated start-up cost is $187,950.
"We are extremely excited about this opportunity with Parlay Cafe as we already understand this space very well having developed our own coworking brand over the past several years," said Tipton Shonkwiler, President of Accurate Franchising, Inc.
For information about franchising opportunities with Parlay Cafe, visit Parlay.Cafe.
About Parlay Cafe (R)
Parlay Cafe(R) is led by founder Don Mastrangelo, a serial entrepreneur and best-selling author who has built several successful enterprises over the last three decades. Parlay Cafe is unlike any other quick service business model, with three diverse revenue streams (Food & Beverage; Membership & Day Passes; Conference Room Rental) inside the same footprint as a traditional cafe. Parlay Cafe fills the niche between the local coffee shop and co-working space. Visit www.parlay.cafe for more information.
About Accurate Franchising, Inc.
Accurate Franchising is the only franchise development consulting firm that actually owns and operates its own franchise brands. The company has first-hand experience with franchising, giving it an intimate understanding of what a franchisor needs to succeed. Accurate works with clients to help their franchises grow and thrive, while also working with its sister companies--Signarama, Fully Promoted, and others--to keep those franchise brands strong. Accurate Franchising has worked with more than 200 brands in over 80 countries. For more information, visit AccurateFranchising.com.
This advertisement is not an offer to sell a franchise. Any offer to sell this franchise will be made by a Franchise Disclosure Document and only the following registration by Parlay Cafe in any state requiring registration prior to sale.
In New York: This advertisement is not an offering. An offering can only be made by prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law.
In California: These franchises have been registered under franchise investment law of the State of California. Such registration does not constitute approval, recommendation or endorsement by the Commissioner of Business Oversight nor a finding by the Commissioner that the information provided herein is true, complete and not misleading.
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