Coffee Shop Franchise Opportunities for Sale
Are you interested in lucrative coffee house franchise opportunities? Coffee is one of the most drunk drinks on earth, with close to 2 billion cups taken daily. 9 ounces is the average size of a coffee cup and it is estimated that coffee drinkers will consume about 3 cups of coffee every day. The average cost for a cup of brewed coffee is 1.38 USD. The average price for a cup of espresso coffee 2.45 USD.
According to recent research, the US coffee market will double in size over the next 10 years. For the past decade, the coffee market has averaged a 15% growth rate, and it looks to expand to 10,000 new sales points, with an projected turnover of over 3billion USD, in 7 to 10 years.
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Coffee kiosk owners are shaping up to take advantage of largely successful market. Many opportunities exist to enter the coffee market through franchising. For example, mobile coffee ventures are also appearing, in response to the inability of some individuals not having access to a retail site or main street business.
With the coffee market expanding, the present offers opportunities for the savvy investor to cash in on advantages of a coffee franchising such as Starbucks.
1. SCOOTER’S COFFEE FRANCHISE
In 1998, Don and Linda Eckles, Co-Founders of Scooter’s Coffee, were convinced that they could build a successful business model which combined specialty coffee industry and the introduction of the drive-thru coffee concept.
Scooter’s Coffee, established in 1998, began operations on this business model, backed up with some key business principles.
The keys to success were simple but profound: Secure a great location and stay dedicated to high quality drinks, speedy service delivery, a neat store, and a welcoming smile. The formula worked and since 2001, when Scooter’s Coffee began franchising, it presently runs 135 stores in 15 states in the USA.
Financial Requirements for establishing a Scooter’s Coffee franchise
- Initial Investment: 272,500 – 393,500 USD
- Net-worth threshold: 500,000 USD
- Liquid Cash Obligation:100,000 USD
- Ongoing Fees
- Initial Franchise Fee:40,000 USD
Other fees include monthly payments on royalty and advertising, put at 6% and 2% of revenue. In addition, the intending Scooter’s Coffee franchisee will be required to have a net worth of 500,000 USD and an operating (liquid) capital of a 150,000 USD.
2. DUNKIN’S DONUTS
Dunkin’s Donuts one of the most notable names in the coffee service industry. The company offers a variety of franchise opportunities in different markets in and around the USA. There is even the opportunity to open a combination of franchises, comprising both Dunkin Donuts and Baskin Robbins, in a business collaboration.
Today, Dunkin’ Donuts stores has presence in over 32 countries, which serve over 70 varieties of doughnuts, as well as variations in coffee drinks, bagels, sandwiches, cakes and other baked pastries.
Requirement of potential Dunkin Donuts Franchisee
• The candidate should possess food service or retail or multi-store service background.
• The drive and understanding to engage the immediate community and carry out effective local marketing.
• A good understanding and a willingness to grasp the rudiments of real estate development process.
• The candidate must have a passion and show commitment to adhering to operational standards of excellence.
• The ability to organize and effectively manage a goal-driven team
• The candidate must display the drive and commitment to run multi stores in the future
• The candidate will be required to have the standard capital base needed to run a Dunkin Donut coffee franchise.
The initial investment for establishing a Dunkin Donut Franchise is put at between 217,000 TO 1,637,000 USD. The candidate should have a minimum net worth of 250,000 USD, with liquid capital of 125,000 USD. Ongoing payment to the Franchise will include royalty fees of 5.9% and an advertising fee between 2 to 6%.
3. The Human Bean Franchise
The Human Bean Coffee Franchise, unlike nearly all other franchises, does not charge percentage royalty fees or marketing fees. Franchisees are only mandated to purchase supplies of coffee and other consumables from the parent company, which is the source of revenue.
At The Human Bean franchise structure, franchisees are treated as part of a team and hence are not burdened with the payment of high royalties and marketing fees that adversely impact from their bottom line. The goal is for Human Bean franchisees to obtain the returns from their investment while enjoying the benefits of being part of the franchise.
The cost of a Human Bean Franchise is put at 20,000 USD. Startup costs may range from 152,750-617,000 USD, the final figure depending on the site development specifications of the potential franchisees site location. If the applicant chooses to procure land, these costs will rise.
Other profitable coffee franchise opportunities include:
- BIGGBY COFFEE
- DUNN BROTHERS
- COFFEE BEANERY
- KRISPY KREME
- CAFE BARBERA
With the abundant investment opportunities available in the beverage sector, specifically coffee, this article focuses on coffee franchise opportunities for interested franchise candidates who are seeking for coffee investment opportunities. Some of these opportunities include the following;
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- Biggby Coffee
The Biggby Coffee franchise opportunity founded in 1994 specializes in making coffee beverages like tea, smoothies, specialty coffee and baked goods. With a corporate headquarters located in East Lansing, Michigan, it opened its franchising arm in 1999 and has Bob Fish as its CEO.
This coffee franchise opportunity presents an attractive investment option for interested individuals in search of viable and strong coffee franchise brands that have stood the test of time.
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Biggby Coffee Franchise Startup Cost
To own a Biggby Coffee franchise, the cost implication for ownership includes an Initial Investment sum starting from $161,350 to $319,100. All interested franchise candidates are required to meet up with the Initial Investment sum, as failure to do so automatically results in their application being disqualified.
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Apart from the franchise Initial Investment sum, the franchise cost also includes a net-worth requirement of $400,000, and a liquid cash requirement of $70,000.
Biggby Coffee Franchise Fee
The franchise fee for the Biggby franchise starts with a minimum sum of $15,000.
Biggby Coffee Franchise Ongoing Costs
The ongoing cost for this coffee franchise opportunity includes an Ongoing Royalty fee of 5%, and an Ad royalty fee of 3%. These are necessary expenses the Biggby Coffee franchisee must incur if he/she owns this coffee franchise opportunity.
Biggby Coffee Franchise Training and Support
All new Biggby franchisees undergo a compulsory training period lasting an 11 day period at its corporate headquarters, including a 10 day on-site training. These training sessions are necessary to adequately transfer knowledge and skills on the successful operations of this franchise opportunity.
During the duration of the franchise contract, on-the-job training is periodically conducted. Support covers periodic meetings and newsletter publications, a grand opening ceremony, security and a toll-free line among others.
Biggby Coffee Franchise Application and Terms of Agreement
Under its terms of agreements, the relationship and obligation between both parties during the contract period is clearly stated. This is done so as to reduce disagreements to the barest minimum, and to ensure a cordial relationship between both parties.
The terms of agreement of the Biggby franchise is found within the Franchise Disclosure Document (FDD). The term of agreement states if there would be a renewal of the contract or not. The franchisee has the right to either reject these terms of agreement or accept them, after having sought legal advice.
How to Start Biggby Coffee Franchise?
To join this franchise, it requires that you first indicate your interest by filling the contact form found by clicking on the “get started” button the franchise section of the franchisors website.
You will find it here www.biggby.com/franchise. The contact form enables the franchisor to know about your interest in this franchise opportunity, and give necessary guidance on the application procedure and requirements.
The Dunn Brothers Coffee with its corporate headquarters located in Minneapolis, Minnesota, specializes mainly in the provision of premium coffee beverage products to clients.
Founded in 1987, it opened its franchising arm in 1994 and has Marshall Fay as its CEO. The benefits this franchise opportunity presents to franchise candidates is an opportunity to invest in a successful coffee brand with a longstanding tradition of excellence, and the opportunity to also benefit from its huge profit potentials.
Dunn Brothers Coffee Franchise Cost
To own a Dunn Brothers Coffee franchise, a franchise cost must be incurred in the form of an Initial Investment sum starting from $227,100 to $592,400. Other associated costs incurred include, a net-worth requirement in the sum of $500,000 and also, liquid cash requirement of $125,000.
The franchisee incurs these costs in the course of processing the ownership of this coffee franchise opportunity. All Dunn Brothers Coffee franchisees are required to meet the above-stated franchise costs.
Dunn Brothers Coffee Franchise Fee
A Dunn Brothers Coffee Franchise fee starts from $24,000 to $32,000. The cost range largely depends on the franchise size to be bought.
Dunn Brothers Coffee Franchise Ongoing Costs
The Dunn Brothers Coffee ongoing costs include an ongoing royalty fee charged at the rate of 5%, and also an Ad Royalty fee at the rate of 3%. The Dunn Brothers Coffee franchise’s ongoing cost applies to all its franchisees regardless of their franchise size allotment, although, the bigger the franchise sized, the more the ongoing cost to be paid.
Dunn Brothers Coffee Franchise Training and Support
Franchisees undergo a compulsory training period provided by the franchisor for both the franchisee and franchise managers, to ensure that disruption in the conduct of business is minimal even in the absence of the franchisee. This training period lasts a period of 10 days, conducted at its corporate headquarters, and also, an 8-day on-site training.
In the area of support, the franchisor provides support that covers newsletter publications, a toll-free line and security. Others include meetings, grand opening ceremony and field operation among others.
Dunn Brothers Coffee Franchise Application and Terms of Agreement
Under its terms of agreements, the franchise contract renewal details are adequately covered; the terms of agreement of the franchise usually provide specific responsibilities both parties must carry out, to ensure that conflicts are considerably reduced during the lifespan of the contract. The renewal agreement is necessary in ensuring that both parties, especially the franchisee is clear on the contract renewal stance of the franchisor.
How to Start Dunn Brothers Coffee Franchise?
Owning a Dunn Brothers Coffee franchise requires that an application needs to be made through an online process. An online application form found in the franchise section of the franchisors website on https://dunnbrothers.com/own-a-shop should be carefully filled and submitted. The information provided undergoes scrutiny by the franchisor. If qualified, the prospective franchisee is contacted for further investment discussions.
The Coffee Beanery franchise founded in 1976, specializes in the provision of services that include specialty coffee services, including salads, tea, and sandwiches; it opened its franchising arm for investments in 1985.
With a corporate headquarters located in Dearborn, Michigan, this franchise opportunity has JoAnne Shaw who doubles as both its CEO and founder.
Today, this franchise opportunity has blossomed, presenting its franchisees the opportunity of partaking in a business with years of experience and strong profit potential.
The Coffee Beanery Franchise Cost
To own a Coffee Beanery franchise, there are franchise costs implications that need to be fully met. This is in the form of an Initial Investment sum starting from $98,500 to $443,500.
There are other related franchise costs that include a net-worth requirement sum of $35,000 and a liquid cash requirement within the range of $75,000 to $150,000 which franchisees are required to possess to meet up with franchise ownership criteria.
The Coffee Beanery Franchise Fee
The franchise fee consists of an initial franchise fee of $27,500. These fees bestow the rights of usage of the franchisor’s business model, secrets and logo including several other benefits attached to the Coffee Beanery franchise ownership.
However, under its Veteran’s Incentive program, there is a 25% waiver of the franchise fee for veterans interested in this investment opportunity.
The Coffee Beanery Franchise Ongoing Costs
The required ongoing costs are made up of an ongoing royalty fee of 6% and an ad royalty fee of 2%. These, are to be fully met before the prospective franchisee can be considered for the franchise opportunity. This however varies on the size of the franchise acquired, as bigger sized franchises would typically result in more ongoing cost.
The Coffee Beanery Franchise Training and Support
The training process is mandatory to new franchisees and their managers. The training period spans a 7 to 20 day period at the corporate headquarters. The training program is usually organized to transfer the necessary knowledge and skill to the new franchisees for easy management of their new franchise outlets.
Also there is a 7-day on-site training. Support covers the following areas; a toll-free line, security, a grand opening ceremony, and the provision of internet services among others.
The Coffee Beanery Franchise Application and Terms of Agreement
The terms of agreement clearly defines the renewal agreement of the contract. Under its terms of agreement, details on how the business relationship between the franchisor and franchisee will be conducted are clearly spelt out.
It also states if there would be a contract renewal, and if any, on what basis, and also the duration of the contract term. The terms of agreement together with the franchise renewal, all help in ensuring that conflicts and disagreements are greatly reduced.
How to Start The Coffee Beanery Franchise?
Interested franchise candidates are to simply indicate their choice of franchise opportunities by clicking either on US franchise opportunities for those interested in franchise opportunities within the US or on the international franchise opportunity option for those looking for international franchise opportunities.
These are found in the franchise section of the franchisors website on www.coffeebeanery.com/franchising after clicking on your franchise opportunity of choice, a detailed step by step guidance is provided on how to register for this opportunity and the requirements for ownership and investments.
- Gloria Jean’s Coffee
Specialized in services that include the making of specialty coffee, the Gloria Jean’s Coffee was founded in 1979; its franchising arm was opened seven years later in 1986. With its corporate headquarters located at North Irvine, California, it has Gloria Jean’s Coffee Bean as its parent company and Abol Helmy as its current CEO.
Interested franchise candidates have the opportunity of investing in a well respected and reputable coffee brand that has consistently proven very profitable over the years.
Gloria Jean’s Coffee Franchise Cost
To own a Gloria Jean’s Coffee franchise, all interested franchise candidates must meet the franchise cost requirements necessary for ownership. The franchise cost includes the following; an initial investment sum ranging from $325,839 to $544,600, a net-worth requirement of $350,000 and also, liquid cash requirement of $125,000. These are mandatory for all intending investors.
Gloria Jean’s Coffee Franchise Fee
The franchise fee is a prerequisite for benefitting from the opportunities this investment presents. If fully met, this fee gives the franchisee the rights of using a long established business model or template for success of the franchisor that has consistently proven profitable over the years.
Other benefits include the use of the logo and exposure to the business secrets of the franchisor. These aid the franchisee greatly in efficiently running his/her franchise.
Gloria Jean’s Coffee Franchise Ongoing Costs
There are some ongoing cost the franchisee incurs by owning this franchise opportunity. These include ongoing fees that consist of an ongoing royalty fee of 6% and also an ad royalty fee of 2%. To Own a Gloria Jean’s Coffee franchise, these startup costs must be paid by all prospective franchisees.
Gloria Jean’s Coffee Franchise Training and Support
New franchisees pass through a period of training that covers a period of time specified by the franchisor, deemed to be enough to pass across the skills and technical know-how necessary for the smooth running of the franchise.
The franchisor provides necessary support in particular areas it deems are necessary for the smooth operation of the franchise. This is largely to ensure that franchisees are not left stranded at any point during the duration of the franchise contract.
Gloria Jean’s Coffee Franchise Application and Terms of Agreement
The terms of agreement set forth by the franchisor governs the duration of the franchise contract and also the possibilities for renewal. These cover all the areas necessary for smooth operation of the franchise.
Also, it ensures that conflicts are greatly minimized between the franchisee and the franchisor during the course of the franchise ownership by setting the guidelines and rules of business.
How to Start Gloria Jean’s Coffee Franchise?
Joining is easy! Simply click on the “get started now” button found in the franchise section of the franchisors website through this link www.gloriajeans.com/franchise a comprehensive guide is given on the procedures required for enrolment, plus other details regarding the benefits of ownership and investment opportunities.
The Human Bean Drive Thru was founded in 1998, and opened its franchising arm in 2002. With corporate headquarters located in Medford, Oregon, it specializes in making specialty coffee and has Tom Casey as CEO.
The opportunities the Human Bean Drive Thru franchise provides for investments are very attractive. Prospective franchisees stand to gain from years of experience garnered that will greatly influence business success.
The Human Bean Drive Thru Franchise Cost
The cost implications of owning a Human Bean Drive Thru coffee franchise opportunity includes an Initial Investment sum starting from $173,800 to $669,300, a net-worth requirement sum of $250,000 and a liquid cash requirement sum of $100,000. Meeting up these requirements ensures successful ownership of this franchise opportunity.
The Human Bean Drive Thru Franchise Fee
The franchise fee consists of an Initial franchise fee starting from $20,000. This gives the franchisee rights to usage of the franchisors business model which has consistently proven successful over the years, its business secrets and the use of the franchisors brand name and logo.
The Human Bean Drive Thru Franchise Ongoing Cost
The ongoing costs that come with the ownership of this franchise is currently not available. However, these will be fully supplied by the franchisor in the Franchise Disclosure Document (FDD).
The Franchise Disclosure Document (FDD) is the document given to the franchise candidate that stays in his/her possession for a period of 10 days to enable him/her go through a comprehensive study of the document with the assistance of a franchise lawyer.
The Human Bean Drive Thru Franchise Training and Support
The franchisor holds a mandatory training session that lasts a period of 3 weeks+. Onsite training is based on request from the franchisee. The franchisor offers support that covers areas that include periodic newsletter releases, meetings and a toll-free line; others include a grand opening ceremony among other support areas.
The training session is aimed at skill transfer for effective performance. Support is given to ensure that the franchisee is not stuck at any point during his/her running of the franchise.
The Human Bean Drive Thru Franchise Application and Terms of Agreement
The terms of agreements usually encompasses the contract renewal. It is based on the terms of agreement that the renewal of the contract is set or agreed. These terms of agreement are found in the Franchise Disclosure Document (FDD).
This guides the business relationship between the franchisor and the franchisee to ensure there is minimal conflict between both parties during the duration of the contract.
How to Start The Human Bean Drive Thru Franchise?
To join this franchise opportunity, simply visit the franchisors website using the link http://thehumanbean.com/franchise/. In its franchise section, click on the “franchise opportunities” here; you will be immediately redirected to a detailed guideline and procedure for taking advantage of this franchise opportunity, with an easy to understand application process.
This article has made available information coffee franchise opportunities for investment, especially for interested investors who wish to invest in such opportunities. With the information supplied, the prospective franchisee is empowered to make informed investment decisions that will eventually be worthwhile.