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How much does a Caribou Coffee 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.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
Is caribou coffee graded?
Caribou Coffee is graded based on our most recent research.
Are there any Caribou Coffee franchise opportunities near me?
Based on 2021 FDD data, Caribou Coffee has franchise locations in 18 states. The largest region is the Midwest with 118 franchise locations.
Who manages a franchise business?
The franchised business must be managed at all times by franchisees (or their operating owner or certified general manager) or by a manager who has completed the initial training program to the franchisor’s satisfaction. Franchisees must offer and sell only those goods and services that the franchisor has approved.
How long does it take to become a coffeehouse manager?
The Certified General Manager training program runs up to two weeks. Training will take place at the franchisor’s training center in Minneapolis, Minnesota, or at a certified training coffeehouse that it designates. The franchisor may requires franchisees, at their expense, to send their Certified General Manager (s) and additional personnel to be trained to other training course seminars, and other training programs it may reasonably require at the times and locations that it designates. The franchisor may periodically request that franchisees attend certain meetings or conventions (BOUcon) and pay a reasonable fee (if the franchisor charges a fee) for each person who is required to attend (and, if applicable, additional attendees that franchisees choose to send as well).
What is a protected territory in a franchise agreement?
Territory Granted: Under the Franchise Agreement, franchisees have the right to establish and operate one coffeehouse at a specific accepted location. After an accepted location has been agreed upon, the franchisor will determine whether there will be an area surrounding that location that will be granted certain protections. If the franchisor grants a protected territory, then during the term of the Franchise Agreement, it will not operate, nor will it grant to any other party the right to operate, a coffeehouse within the protected territory (so long as the franchisee and the franchisee’s affiliates are in compliance with the terms of the Franchise Agreement and any other agreements with the franchisor and its affiliates relating to any coffeehouses). If the franchisor grant the franchisee a protected territory, the size of the protected territory will be based on a number of factors, such as the character of nearby businesses, drive times, demographics, and other physical and commercial characteristics of the location and trade area. There is no minimum area franchisees will receive as a protected territory.
What is a CCC franchise?
Caribou Coffee Company, Inc. (CCC) is the franchisor’s corporate parent and predecessor. The franchisor offers franchises for the establishment and operation of “Caribou Coffee” businesses that specialize in fresh roasted coffee beverages and baked goods for on-premises and carry-out consumption, as well as related sales of retail items in a modern, technical environment. Coffeehouses will be operated from an indoor structure that need not be free-standing, and decorated to meet the franchisor’s specifications (including the use of its trade dress, trademark, and design). The franchisor offers three types of franchises for the operation of coffeehouses at agreed-upon locations: “chalet” and “cabin” coffeehouses that are operated at stand-alone or more traditional locations, and “kiosk” coffeehouses that are typically operated at non-traditional facilities.
What are the obligations of a franchisee?
Obligations and Restrictions: The Franchise Agreement requires that franchisees (or the Operating Owner or one of the designated management personnel who will assume primary responsibility for the franchise operations and who the franchisor has previously approved in writing) must devote full time, energy, and best efforts to the management and operation of the Franchised Business, and must successfully complete the initial training program. The franchised business must be managed at all times by franchisees (or their operating owner or certified general manager) or by a manager who has completed the initial training program to the franchisor’s satisfaction. Franchisees must offer and sell only those goods and services that the franchisor has approved.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years for chalet and cabin franchises, and five years for kiosk franchises (10 years for kiosks located in airports). Renewal of the term is for two additional five-year terms by signing the then-current franchise agreement (which may contain terms and conditions materially different from those in the original agreement), subject to contractual requirements.
Does franchising offer financing?
Financial Assistance: The franchisor does not offer direct or indirect financing. The franchisor does not guarantee a franchisee’s note, lease, or obligation.
What is caribou coffee?
Caribou Coffee provides high quality, handcrafted beverages and food options to fuel life's adventures, both big and small. Known for a commitment to sustainability, the Company was the first major U.S. coffeehouse to serve 100% Rainforest Alliance Certified™ coffees and espresso.
How many stores does Caribou Coffee have?
Founded in 1992, Caribou Coffee Company, Inc. is the second largest company-operated premium coffeehouse in the United States with more than 263* company-owned stores and 59* Coffee & Bagels stores in partnership with Einstein Bros. Bagels, 142* domestic license locations in 19* states and 268* international franchise stores in 11* countries.
Is Caribou Coffee accepting new applicants?
While Caribou Coffee is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.
A Quick Pick Me Up With Caribou Coffee
Coffee makes the world go round. At least it does or me. So when a great coffee establishment comes to town, the world goes crazy with excitement. Or wait; maybe that’s just me again. Either way, coffee is life. With Caribou Coffee, they provide excellent coffee with only the highest quality beans.
The Franchising Opportunity
Franchising is an excellent opportunity for aspiring entrepreneurs to grow a business that already has established a reputation. The only thing is, you want to make sure that you are choosing the best business that will fit into your life and offer what you need and desire.
All Good Things Come to an End
Including this review. So, we’ve come to the end and hopefully, by now you are a little less confused about what Caribou Coffee is and what they have to offer you when it comes to franchising. Whether or not you choose this franchise opportunity is solely up to you.
THE PERFECT SIP
From popular flavors making a comeback to the ultimate size upgrade, there’s something new for you on our menu.
THE CARIBOU DIFFERENCE IS REAL
Caribou Coffee® is proud to offer premium beverage and food options that are thoughtfully crafted with guest, community, and environment top of mind.