Biggby Coffee is a community coffee shop offering espresso-based drinks, coffee, tea, and baked goods. The franchise also serves sandwiches, energy beverages, and whole-bean coffee.
Key Insights
- Biggby Coffee began as a dream to create a welcoming space where quality coffee and community intersect, evolving from humble beginnings into a recognized name in the coffee shop landscape. The franchise emphasizes a culture of friendliness and a commitment to serving delicious beverages and food, fostering a loyal customer base across its locations.
- The franchise operates on a model designed for accessibility and support, providing potential owners with a framework for success in the dynamic coffee market. This includes comprehensive training, site selection assistance, and ongoing operational guidance to help franchisees navigate the day-to-day demands of running a coffee business.
- Operating within the thriving beverage and quick-service restaurant sector, Biggby Coffee taps into a market characterized by consistent consumer demand for convenient, high-quality refreshment. The industry sees continuous innovation and a strong preference for personalized customer experiences, areas where the franchise has established a presence.
Franchise Fee and Costs to Open
Exploring the financial picture of Biggby Coffee gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $412,972 - $1,011,500, along with a franchise fee of $20,000 - $20,000.
Financial Performance and Revenue
Yearly gross sales of $702,752 and estimated earnings of $84,331 - $105,413 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 8.0-10.0 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Biggby Coffee provides comprehensive training to new franchisees. Initial training offers hands-on experience and classroom instruction. This program is approximately three weeks long and takes place at the Biggby Coffee corporate training facility. Biggby Coffee recommends franchisees utilize all provided operational manuals and resources for a smooth launch.
Legal Considerations
Legal considerations for a Biggby Coffee franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee may encounter challenges such as differentiating their location from established local coffee shops, managing daily operations including staffing and inventory, and navigating the consistency of product quality tied to specific ingredient suppliers. Success involves understanding the local consumer landscape and mastering the operational demands of the brand.
Franchise Datasheet
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