Coffee is a pick-me-up and the drink of the gods that supports our regulated lifestyles. Whatever way you choose to put it, one thing is for sure: coffee is among the world’s most consumed beverages. In addition, there are coffee shops on each and every junction, and odds are high that one is accessible by foot from where you are right now. While you wait, take a brief look from one of the favorite coffee chains you may or may not be familiar with.
Would you like to start a coffee business? If so, you’re not alone; lots of people aspire to one day own a coffee business. Additionally, taking the franchise road seems “more scenic” than tackling it alone.
But with so many possibilities, picking the best coffee franchise for you can be confusing. Fortunately, in order to help you make a wise choice, we’ve put together a list of a few of the top coffee franchises. An overview as to what a franchise possibility with a few of them comprises is provided below:
Dunkin’
The world’s most well-known coffee franchise is Dunkin’. There are currently more than 11,300 Dunkin’ Donuts outlets worldwide, having been established in the late 1940s. Of these eateries, about 8500 are located in the United States.
Although the business is most recognized because of its coffee and bakery items, a large range of other culinary items are also available, such as breakfast items and covers, lunch sandwiches, or salads.
Depending on the region and other factors, the investment required to open a Dunkin’ franchise ranges from $413,200 to $1,853,700. The franchise price ranges from $40,000 to $90,000. A 5.9% recurring royalty charge and a 5% advertising royalty are also required of you.
The minimum amount of liquid funds needed to join the Dunkin program is $250,000. For more details or to confirm the numbers, it is best to get in touch with the company directly.
Biggby Coffee
With its 1995 founding, Biggby Coffee is indeed a latecomer to the coffee franchisee market. The business has more than 200 sites throughout nine states and is headquartered in East Lansing, Michigan.
The business offers a wide variety of foods, including smoothies, bagels, pastries, coffee, and tea. The business is also renowned for its exceptional customer service, since baristas are urged to engage with clients and learn their names.
You’ll require around $100,000 or $350,000 in investment cash if you choose a Biggby franchise. The necessary investment ranges from $200,000 to $415,000. The franchise price is currently $15,000 with a 6% recurring royalty fee, down from $30,000 previously. A monthly advertising ad fee of 3% is charged.
The company is looking for franchises within Kentucky, Florida, Michigan, Ohio, South Carolina, or Texas right now. If you live in either of these places, you might think about getting this franchise. And if you meet the requirements, you could obtain a 10-year contract.
Aroma Joe’s Coffee
More than 60 sites of the drive-through coffee franchise Aroma Joe’s Coffee may be found across the Midwest and New England. Since its inception in 2000, the business has built up a devoted following of customers who adore its coffee.
Aroma Joe’s stands above the competition due to its emphasis on efficiency and convenience. To guarantee that customers receive their coffee as promptly as possible without sacrificing quality, the coffee company has optimised its operations. Additionally, they run smaller-scale businesses, which helps keep expenses down.
The main menu of Aroma Joe’s consists of iced tea, coffee, and other caffeinated drinks. But it also offers a variety of foods, such as pastries, salads, breakfast sandwiches, and more.
You must have at minimum $50,000 in liquid funds on hand if you want to join the Aroma Joe’s franchise family. Between $256,500 to $705,000 is the entire amount needed, and the service fee is $15,000. A 4.5% advertising royalty fee and a continuing royalty of 8% are also applicable.
If you reside within New Hampshire, Florida, Pennsylvania, and Vermont, this opportunity is suitable for you. Additionally, Aroma Joe’s is required to give you a discount if you are a veteran.
Scooter’s Coffee
One of the coffee businesses in the US with the quickest growth is Scooter’s Coffee. The business was established in 1998 and also has branches in 25 states in the United States.
The drive-thru system used by the business allows customers to quickly and effectively get their coffee. There are only a few alternatives for coffee and tea on the menu, which is likewise rather straightforward. The sale of coffee that is obtained ethically is the company’s other value proposition. If you have a strong commitment to this cause, this may be your franchise.
Franchisees of Scooter’s Coffee must have $100,000 in liquid money, and the total investment ranges from $294,700 to $638,000. New franchisees must pay a $40,000 franchise fee. Additionally, a 6% recurring royalty fee is payable.
In general, there are no restrictions on your choices while researching potential franchise opportunities. We have only begun to scrape the surface. It’s essential to speak with the teams at the coffee franchises which most interest you for more in-depth knowledge. They can respond to any inquiries and provide you a clearer picture of what is needed to launch your business.
