How much does a Scooter's Coffee franchise cost?
- Initial Franchise Fee: $40,000
- Total Investment: $389,942 to $685,874
- Working Capital: $10,000 to $30,000
- Royalty Fee: 6.0%
Full Answer
How much does it cost to buy a Scooter's Coffeehouse franchise?
Where is Scooter's coffee located?
Does Scooter's Coffee have a kiosk?
How much do Scooter's owners make?
A Scooter's Coffee franchise owner salary may rise up to around $320,000 a year, before depreciation, interest, taxes, and any debt service. The median earnings for a top-performing shop are around $184,000. The median across all shops is around $90,000.
Who owns the scooters franchise?
Travis RhoadesTravis Rhoades carries several titles, but it's the title of husband and father that brings him the most joy. Rhoades is the proud owner of two successful business ventures; seven Scooter's Coffee locations and a website design company.
Are scooters franchised?
The Scooter's Coffee franchise was founded in 1998 and has been franchising since 2001. It is headquartered in Omaha, Nebraska, and was founded by Don and Linda Eckles.
How much does a coffee franchise cost?
A Coffee franchise cost could have an initial fee of $39.000. From there other expenses could range from $333,500 to $563,000. A coffee franchise is an easy franchise to open.
How do you open up a scooter?
0:030:45How to: Unfold Razor Scooter - YouTubeYouTubeStart of suggested clipEnd of suggested clipFirst you grab this metal hinge. And push it up once you do that you press down on this littleMoreFirst you grab this metal hinge. And push it up once you do that you press down on this little button push it down and close it after that you need to make sure this.
Is scooter's coffee Black Owned?
Julian Young never thought he would own a coffee shop – it never even crossed his mind. But a single phone call changed all that. Young and his wife Brittany are now the first African American franchise owners of the Scooter's Coffee franchise.
How much profit does a coffee shop make?
Coffee sells at higher profit margins than other food products, and coffee shops often operate with lower overhead than other business models. On average, small coffee shop owners make $60,000-$160,000 , and the coffee industry generates about $70 billion a year in sales nationwide .
How much does a coffee shop owner make?
“How much do coffee shop owners make?” The answer depends on what type of coffee business you have, your volume of sales, location, price point, costs, and other factors. While income varies per coffee shop, an owner can make between $50,000 and $175,000 yearly.
Are coffee franchises profitable?
Coffee shop franchises can be profitable for many depending on the level of investment and the demand for coffee in a market. Some coffee shops also have a strong brand associated with them and may be familiar to consumers, making them potentially more profitable and expensive to get started with.
Which coffee franchise is best?
Here are 7 affordable coffee franchises that made the list in Entrepreneur's Franchise 500 for 2022:Dunkin' Entrepreneur Franchise 500 Rank: 11th ... Scooter's Coffee. Entrepreneur Franchise 500 Rank: 66th ... The Human Bean. ... Biggby Coffee. ... PJ's Coffee of New Orleans. ... Ziggi's Coffee. ... Ellianos Coffee.
How much money do you need to start a franchise business?
How much does it cost to start your own franchise? Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.
How much does it cost to buy a PJ?
The price for a brand-new private jet ranges from $3 million to $660 million. The price is determined by many factors, including the size, maker, range, customization and what the jet offers, like the engines and avionics.
Who owns scooters coffee in Iowa?
Carissa and Brent Votroubek have grown their Scooter's Coffee multi-unit operation to three successful locations in Cedar Rapids, Iowa.
How many scooter's coffee locations are there?
400 storesFounded in Omaha, Nebraska, Scooter's Coffee specializes in single-origin coffee sourcing that it uses for its artisan espresso drinks and serves housemade pastries, smoothies, tea, and signature beverages. Founded in 1998 by Don and Linda Eckles, there are now more than 400 stores across 23 states.
Who makes scooters coffee?
Don and Linda EcklesFounded in 1998 by Don and Linda Eckles in Bellevue, Nebraska, Scooter's Coffee roasts the finest coffee beans in the world at its headquarters in Omaha, Nebraska. In two decades of business, Scooter's Coffee's success is simple: stay committed to the original business principles and company core values.
Can you franchise bird scooters?
The only fee they'll pay Bird is a 20% revenue cut from rides, and they will be responsible for other expenses like charging and repairing the scooters. Bird will work with only one fleet operator per city, though it won't require them to sign exclusivity deals.
Scooter's Coffee Menu Prices (2022) 🍔 - PriceListo
Disclaimer: PriceListo gathers actual pricing information from sources such as on-site visits, business websites, and phone interviews. The prices reported on this webpage derive from one or more of those sources. Naturally, the prices reported on this website may not be current, and may not apply to all locations of a given business brand.
How much liquid capital do you need to own Scooter's Coffee?
Anytown, USA. To qualify as a Scooter’s Coffee franchisee, you must have access to at least $100K liquid capital, meaning cash, including savings, or any assets that can be liquidated quickly. Just as important as having enough working capital is being motivated and passionate about the brand.
What is the most important aspect of a franchise?
One of the most important aspects of building any successful business, including a franchise, is understanding how to fund your business. With multiple financing options and lenders, you’ll need to spend some time figuring out which option is best for you.
How many drive-thru kiosks are open in 2020?
This information is based upon the top 31 of 126 Drive-Thru Kiosks that were open during the entire 2020 calendar year and provided complete information. Of these 31 Drive-Thru Kiosks that compile the top quartile: (1) 13 of them (or 42%) had an AUV that met or exceeded $993,790, (2) 13 of them (or 42%) had a Net Profit Margin that met or exceeded the average. and (3) 15 of them (or 48%) had an EBITDA that met or exceeded the average. Your results may differ. There is no assurance that you will sell or earn as much. See Item 19 of the FDD for more information.
How many Scooter's coffee locations are there in the US?
Nationwide trends indicate that consumers want easy access to specialty coffee and quality service. Approaching 400 locations in the U.S., Scooter’s Coffee provides customers with responsibly sourced coffee served up by an amazing team of people, all from a convenient 630 square foot drive-thru kiosk. Find out more about how to become a franchise owner with one of the fastest growing brands in the US.
Does Scooter's Coffee call you?
By requesting information, you agree that Scooter's Coffee may call and/or text you about your inquiry, which may involve the use of automated means. You do not need to consent as a condition of any purchase, and you can revoke consent at any time. You also agree to our Privacy Policy.
Background
Coffee is one of the world's most popular commodities and is a big business in the U.S. Americans some 400 million cups of coffee are consumed daily. If you are looking to get your piece of the booming specialty-coffee industry, then you should consider investing in the Scooter's Coffee franchise.
Support and Training Offered By Scooter's Coffee
Franchise owners can expect to complete the Scooter's University Training program about eight weeks before their location's opening. This program lasts for four weeks and takes place at the corporate headquarters in Omaha, Nebraska.
Franchises Similar to Scooter's Coffee
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 many Scooter's Coffee franchises are there?
Scooter's Coffee was founded in 1998 and is based in Omaha, Nebraska. As of 2018, the company owns and operates 171 franchises in the United States.
How much money do you need to open a Scooter's Coffee?
In order to open a Scooter's Coffee franchise, you must have a net worth of more than $500,000. Appreciate the investment required for a drive-thru coffeehouse franchise. Evaluate your prior experience and strengths.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 238 franchised Scooter's Coffee locations in the USA.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
Is Scooter's coffee a franchise?
Scooter's Coffee is a Franchise Grade Made The Grade™ franchise , which means it's ranked highly by our analysts!
How much is Scooter's coffee market?
Our Industry. Scooter’s Coffee is at the dawn of a strategic growth phase in the Midwest and nationwide. The U.S. coffee market is an estimated $48 billion a year industry, and Scooter’s Coffee is striving to become the #1 drive-thru coffee franchise in the nation.
Is Scooter's Coffee a franchise?
Scooter's Coffee is listed in the Franchise Directory under the Food category, the Food category, the Food category, and the Food category. It's also listed in the section for Franchises Under $150,000 .
How long does it take to sign a franchise agreement with Scooter's Coffee?
You must sign the second and each subsequent Franchise Agreement under an MSD Agreement on the earlier of (i) 14 calendar days after Scooter’s Coffee’s written approval of a location for the Store to be operated thereunder and before you enter into any contract for the purchase or lease of the Store premises, and (ii) at least 9 months before you are required to open and commence operations of the Store.
What is the late fee for Scooter's coffee?
Purchases are from Scooter’s Coffee’s affiliate, Harvest Roasting. 11. Interest and Late Charges: $25 late charge, plus the lesser of 1 1/2% per month, or highest rate of interest allowed by law. Due Date: Late fee automatically assessed; interest on demand. Begins to accrue the day after payments are due.
How long does Scooter's Coffee have to give notice?
Scooter’s Coffee must give 60 days’ written notice to impose such a requirement.
What is the interest rate for inspection and audit fees?
14. Inspection and Audit Fee: interest on past due amount at 18%, or highest rate of interest allowed by law, plus costs of audit
Is Scooter's Coffee a franchise?
Scooter’s Coffee is a member of the International Franchise Association (“IFA”), and supports and participates in IFA’s VetFran Program. If you are an honorably discharged veteran who meets Scooter’s Coffee’s qualifications for new Scooter’s Coffee franchisees, you will receive a $20,000 product credit from Scooter’s Coffee’s affiliate, Harvest Roasting.
Does Scooter's Coffee have a marketing fund?
The Marketing Contribution will be deposited into the Marketing Fund. Scooter’s Coffee’s affiliate-owned Stores will contribute the same as franchisee-owned Stores.
Does Scooter's Coffee charge development fees?
Scooter’s Coffee will apply the Development Fee you pay for each Store under the MSD Agreement toward the Initial Franchise Fees for the respective Store to be developed after the first one.
How much does it cost to buy a Scooter's Coffeehouse franchise?
To buy a franchise with Scooter's Coffeehouse, you'll need to have at least $100,000 in liquid capital and a minimum net worth of $500,000. Franchisees can expect to make a total investment of at least $331,000 - $638,000. Scooter's Coffeehouse charges a franchise fee of $30,000. They also offer financing via 3rd party.
Where is Scooter's coffee located?
Our StoryFounded in 1998 by Don and Linda Eckles in Bellevue, Nebraska, Scooter's Coffee roasts only the finest coffee beans in the world at its headquarters in Omaha, Nebraska. In more than two decades of business, Scooter's Coffee's success is simple: stay committed to the original business principles and company core values.
Does Scooter's Coffee have a kiosk?
Scooter's Coffee is offering franchises for the right to own a quick service drive-thru coffee shop with kiosk only or in-store seating types, offering Drive-Thru, carry-out and in-store seating service of espresso-based specialty coffee drinks, smoothies, baked goods, and other items under the service mark "Scooter's Coffee." Learn more a now!
