how do you buy a starbucks franchise

How Can I Purchase a Starbucks Franchise?

• Step 1. Go to the Starbucks website. Scroll down to the bottom of the main page.
• Step 2. Find the category heading "For Business." ...
• Step 3. Click on the drop-down menu that follows the instruction to "Select your business type." ...
• Step 4. Complete the form that appears and click the "Submit" button at the bottom. ...

Full Answer

Does Starbucks offer franchise opportunities?

Starbucks doesn’t offer franchising opportunities because this would eliminate the company’s control over the quality of its products and services. Howard Schultz, the man behind the company’s success, has said that the Starbucks brand is associated with a particular set of values.

Does Starbucks sell franchises?

Starbucks franchises are available worldwide excluding the United States and Canada. If you’d like to open a Starbucks in the US or Canada, you may do so as a licensee only. As a licensee, you would pay a license fee to use the Starbucks brand. Starbucks does this so the company can have more control over stores and quality of the product.

How much does a Starbucks franchise cost?

How much does a Starbucks franchise cost? Costs to open a Starbucks franchise/licensed location depending on the location etc. ranges from a low of 400k dollars all the way up to $2million dollars. Starbucks Revenue per year / Average Sales Starbucks has generated annual average revenue of $23.69 billion during the past five years.

Is Starbucks a franchise or corporation?

And while not a franchise business, popular cafe Starbucks has dropped a hint at opening more stores after earlier speculation. In 2020, the Bundaberg NewsMail put the question to Starbucks after rumours of a planned store for the Rum City. Starbucks said ...

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Why doesn't Starbucks have a franchise?

Also, why Starbucks does not offer franchise is because Howard Schultz, the CEO of Starbucks has long resisted the franchising business model to maintain control over the Starbucks brand, quality of beverages and culture. Therefore there’s no hope for getting a Starbucks franchise.

How much liquid assets do you need to buy a Starbucks franchise?

Conditions mentioned here were required from when the company was still franchising in these countries: A person looking to buy Starbucks franchise should have at least 500,000 pounds of liquid assets.

How many Starbucks stores are there worldwide?

Starbucks has 4,400 licensed stores worldwide. Starbucks do not offer franchises so it is impossible to buy a Starbucks franchise in the United States. However, you can apply to buy a Starbucks licensed store and the average cost of one Starbucks store is US $315,000.

How much does it cost to open a Starbucks?

Starbucks is the world’s largest coffee company by revenues. Starbucks Franchise Cost for opening one Starbucks licensed store is US $315,000. Starbucks has 4,400 licensed stores worldwide.

How to become a licensed Starbucks?

Visit the Starbucks website and apply for a licensed store by registering yourself.

What is Starbucks known for?

Starbucks is known for its quick service and quality beverages.

How many people visit Starbucks every month?

According to Starbucks, 75 million customers visits its stores every month in the US and over 15.1 million members have signed up for its rewards program.

What does a Starbucks License Cost?

But you can open a Starbucks as a licensor. The total investment is approximately $315,000. Starbucks prefers licensing to keep control over the stores and the product's quality. As a licensee, you would rent the Starbucks brand for a licensing fee and would not own the store as a franchise owner would.

How many Starbucks are there worldwide?

Starbucks is one of the most popular and recognized brands in the coffee industry. The coffee shop chain has 10,000 stores worldwide with approximately 4,400 of them as licensed shops. Starbucks franchises are available overseas in countries excluding the United States and Canada. If you’d like to open a Starbucks in the US or Canada, you may do so as a licensee only. As a licensee, you would pay a license fee to use the Starbucks brand. Starbucks does this so the company can have more control over stores and quality of the product.

Can you own a Starbucks franchise?

Unfortunately Starbucks is not a franchise so therefore you may not outright own one. But you can open a Starbucks as a licensor. The total investment is approximately $315,000. Starbucks prefers licensing to keep control over the stores and the product's quality. As a licensee, you would rent the Starbucks brand for a licensing fee ...

What is Starbucks?

The Starbucks Corporation is a multinational chain of coffeehouses founded in 1971. Starbucks is the world’s largest coffeehouse company with more than 30,000 locations worldwide.

So, Can you buy a Starbucks franchise for sale?

Unfortunately, No. Starbucks stuck to the corporate owned path for expansion and raised capital so they could own all of their stores.

Needing to look beyond a Starbucks franchise? What to do?

We recommend researching a complimentary coffee business that thrives in the same trade area – even across the street – from that desired Starbucks franchise. Have a few Starbucks in your community? Chances are you are sitting on a good opportunity to open your own coffee franchise.

A conclusion about opening a Starbuck franchises

Opening a coffee franchise that can be a good alternative to a Starbucks franchise in your market might be easier than you think, even though you can’t buy a Starbucks!

How much did Starbucks make in 2010?

In 2010 Starbucks reported revenues of $10.7 billion, record sales for a coffee house company. Starbucks now has strategic agreements with various supermarkets and several book stores, including Barnes & Nobles in order to place Strarbucks coffee houses at these locations.

Can you own a Starbucks Coffee franchise?

With such impressive growth and sales most business minded individuals are looking to get in on the action of owing a Starbucks franchise. Unfortunately Starbucks doesn’t franchise out it’s stores. In fact, from day one the owner and executive team at Starbucks have long been against franchising.

How to partner with Starbucks?

Real estate that is located in the middle of town or on a busy street would be considered a high traffic area. You have the best chance of partnering with Starbucks if you own a very well known franchise such as Vons or another major grocery store.

How to become a Starbucks licensee?

Apply to become a Starbucks licensee. Visit the Starbucks website (see Resources below) and click on the link at the top of the page that says "For business," then scroll to the bottom of their home page. Click on the link which says licensed stores. Scroll down and select the type of business you own.

How to get a small business loan?

Go to your local bank and get a small business loan. To obtain a business loan, you will need to have a business plan. You can create your own business plan or hire a writer to create one for you based on your business goals.

What do you need to keep a business?

You need to keep good financial records and provide proof that the business you own is thriving .

Does Starbucks have a joint partner?

According to Starbucks they will allow people who own real estate in high traffic locations to become a joint partner. High traffic locations are locations such as airports, lodging, hotels, grocery stores, college campuses, healthcare facilities, retail locations and other businesses. Take out a loan.

Is Starbucks a franchise?

They offer a wide variety of different coffee drinks and pastries to choose from. Although Starbucks doesn’t allow people to own a franchise there is still another way to own a Starbucks store of your own, by becoming a Starbucks licensee. According to Starbucks they will allow people who own ...

Can Starbucks partner with Vons?

You have the best chance of partnering with Starbucks if you own a very well known franchise such as Vons or another major grocery store.