Second Cup Income Fund thinks that having a Second Cup of java is a great idea. Second Cup Income Fund (formerly Second Cup Royalty Income Fund) operates and franchises the Second Cup chain of coffeehouses, one of Canada's leading quick-service outlets with more than 360 locations. The cafés offer a wide selection of specialty coffees, espresso beverages, and iced drinks, as well as pastries, cookies, and coffee related items. Found mostly in shopping malls, airports, and other high-traffic areas, more than 90% of the coffee shops are operated by franchisees. In addition to its domestic presence, Second Cup has about 50 international outlets.