bannerFranchisor Stories

Franchise Deep Dive: Coffee Beanery’s Franchise Costs, Fees, Profit and Data

With more than 45 years of experience and locations across the globe, Coffee Beanery has made a name for itself in the specialty coffee franchise category.

By Jeff DwyerStaff Writer
Updated 7:07AM 11/20/23

LAST UPDATED: October 5, 2023
FRANCHISE WEBSITE: https://www.coffeebeanery.com/pages/franchising-opportunities
NUMBER OF LOCATIONS: 70+
REPORTED COST TO GET IN: $200,000
REPORTED ROI (Item 19): N/A

Coffee Beanery is a specialty coffee shop franchise that offers a variety of different blends, flavors and roasts of coffee beans sourced from different regions around the world.

Coffee Beanery was founded in 1976 in Dearborn, Michigan by JoAnne and Julius Shaw, and was one of the first specialty coffee roasters in the United States. The brand, now based out of Flushing, Michigan, remains family-owned and operated.

How Many Coffee Beanery Locations Are There?

Coffee Beanery first began offering franchise opportunities in 1985. As of October 2023, the brand has more than 70 locations throughout the U.S. and 20 internationally.

What Is Coffee Beanery’s Business Model?

Coffee Beanery operates as a specialty coffee retailer and franchisor. The brand sells freshly brewed coffee, specialty espresso beverages, teas, gift baskets and merchandise. It has a “Coffee of the Month” club, which allows franchisees to enjoy multiple revenue streams.

The brand is known for roasting its coffee beans in small batches to ensure freshness and quality. This process is held at its 45,000-square-foot corporate headquarters based in Flushing, Michigan, where the brand also holds its franchisee Discovery Days.

For prospective franchisees, the brand offers a variety of build-out options, including storefront cafes, as well as locations in malls, airports, office buildings, hospitals and college campuses.

According to the brand’s consumer-facing website, the values of Coffee Beanery are as follows:

  • Outstanding customer service
  • Continual Improvement
  • Team Player Mentality
  • Positive Attitude

How Much Can Coffee Beanery Franchise Owners Make?

Coffee Beanery does not have a publicly available Item 19. To learn more, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.

How Much Does It Cost To Open a Coffee Beanery Franchise?

The initial investment required to open a Coffee Beanery franchise is $200K. This investment is broken down into the following costs:

  • Leasehold Improvements and Design: $70,000
  • Furniture, Fixtures and Equipment: $50,000
  • Exterior Signage: $8,000
  • Inventory: $12,000
  • Training and Other Related Expenses: $15,000
  • Minimum Capital for Ongoing Operations: $30,000
  •  Initial Franchise Fee: $15,000

Additionally, interested candidates must also have a minimum net worth of $500K.

What Is the Franchise Fee for Coffee Beanery?

The franchise fee required to open a Coffee Beanery franchise is $15K. Franchisees must also pay an ongoing royalty fee of 4% of net revenue and a 2% marketing fund contribution.

Who’s On Coffee Beanery’s Leadership Team?

What Helpful Articles Can I Read to Learn More About Coffee Beanery?

Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

 


 

MORE STORIES LIKE THIS