What is franchise fee?
How long does a franchise last?
What is 2% advertising fee?
What is franchise investment?
Where is JoAnne Shaw's coffee shop?
What is royalty fee?
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About this website
Background
The Coffee Beanery opened its first stores in the United States in 1976, before the American public knew the term "specialty coffee." In the 24 years that have followed, the Coffee Beanery continues to build its brand and franchise organization on the principles of time-tested and honored traditions and values. Exceptional coffee, a warm relaxing environment, and a corporate culture that embraces its franchisees with every opportunity to succeed exemplify these values.
Company Details
Established: 1976 First Franchised: 1985 Franchised Units: 100 Company Owned Units: 2 Projected New Units (12 Months): 6 Not Registered: ND, SD, RI, WA Outside the US: Middle East, China, Cyprus, Trinadad, Guam
Support and Training Offered By The Coffee Beanery
Financial Assistance Provided: Third Party Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Co-Operative Advertising: Yes Training: 3-4 weeks at the corporate office in Flushing, MI
2022 Franchise Requirements Needed to Own a The Coffee Beanery Franchise
Cash Investment: $150,000 Total Investment: $300,000 - $450,000 Minimum Net Worth: $500,000 Franchise Fee: $27,500 Royalty: 6% Brand Building Fund: 2% Average Number of Employees: 1 FT, 8-14 PT We support the Vet Fran initiative and give a 25% discount off of the first initial franchise fee to honorabley discharged veterans or active military personnell.?.
Franchises Similar to The Coffee Beanery
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How much does a The Coffee Beanery franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2016 Franchise Disclosure Document, there are 35 franchised The Coffee Beanery locations in the USA.
Are there any The Coffee Beanery franchise opportunities near me?
Based on 2016 FDD data, The Coffee Beanery has franchise locations in 14 states. The largest region is the Midwest with 11 franchise locations.
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 95 hours. This includes 35 hours of classroom training and 60 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long does a franchise last?
Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is 2% advertising fee?
2%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
Where is JoAnne Shaw's coffee shop?
With help from her husband, Julius, JoAnne Shaw decided to take a chance. In 1976 she opened The Coffee Beanery, a specialty coffee shop, in Dearborn, Michigan. The company began franchising in 1985. The Coffee Beanery offers streetfront café franchises, as well as locations in malls, airports, office buildings, ...
What is royalty fee?
Royalty Fee. 4%. Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD.
Where is coffee beanery located?
Coffee Beanery was founded by a husband and wife in 1976. This coffee shop franchise, originating in Dearborn, Michigan, was one of the first to offer specialty coffee in the area. Today, it offers coffee, tea, and now bags of its own specialty coffee blends for customers to take home.
How much money did the coffee industry generate in 2019?
If you’re looking to start a franchise, a coffee shop franchise can seem attractive. In 2019, the coffee industry generated over $80 million in revenue. Americans are obsessed with coffee, and many can’t start their day without a strong jolt of caffeine.
What about Starbucks?
You’re probably looking at this list of coffee shop franchises and thinking that we missed a big one.
What sets the human bean apart from other coffee shops?
What sets The Human Bean apart from other coffee shop franchises is that it doesn't charge royalty or marketing fees based on a percentage of your sales. Rather, its revenue is generated largely from sales of coffee and supplies.
How much does Maui Wowi franchise cost?
Franchise fee: $30,000. Maui Wowi was founded by Jeff and Jill Summerhays in 1982 and has departed from the cozy coffee shop atmosphere. Rather, Maui Wowi offers a laid-back, Ohana-oriented environment with its tropical branding.
When was Biggby Coffee founded?
Biggby Coffee was founded in 1995 and has expanded to over 200 locations nationwide as of 2019. This coffee franchise is looking for people to open and run stores in Michigan, Florida, Illinois, Kentucky, Ohio, South Carolina, Texas and Wisconsin.
How much does it cost to open a Scooter's Coffee?
To open a Scooter’s Coffee location, you’ll need to pay a $40,000 franchise fee and have at least $100,000 in liquid capital.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long does a franchise last?
Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is 2% advertising fee?
2%. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
Where is JoAnne Shaw's coffee shop?
With help from her husband, Julius, JoAnne Shaw decided to take a chance. In 1976 she opened The Coffee Beanery, a specialty coffee shop, in Dearborn, Michigan. The company began franchising in 1985. The Coffee Beanery offers streetfront café franchises, as well as locations in malls, airports, office buildings, ...
What is royalty fee?
Royalty Fee. 4%. Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD.
