Scooter's Coffee is a quick-service coffee kiosk offering espresso drinks, smoothies, and baked goods. The franchise emphasizes convenience with its drive-through coffee service.
Key Insights
- Scooter's Coffee began with a vision to serve exceptional coffee and foster community connection, growing from its origins into a recognized brand known for quality beverages and a welcoming atmosphere, a key factor for prospective partners.
- The franchise operates with a focus on speed and convenience, offering a streamlined drive-thru experience alongside in-store service, catering to busy lifestyles and delivering a consistent, high-quality product to customers.
- The business thrives in the dynamic coffee and beverage industry, a sector characterized by evolving consumer preferences for premium drinks and unique cafe experiences, presenting opportunities for growth and brand loyalty.
Franchise Fee and Costs to Open
Exploring the financial picture of Scooter's 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 $954,650 - $1,523,400, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $880,794 and estimated earnings of $105,696 - $132,120 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 10.9-12.9 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
Scooter's Coffee provides comprehensive initial training for new franchisees. This program spans two weeks and takes place at their corporate headquarters in Omaha, Nebraska. The training covers all aspects of operating a Scooter's Coffee location. Additionally, Scooter's Coffee offers ongoing support and resources to help franchisees succeed. They recommend leveraging these materials to build a strong foundation.
Legal Considerations
Legal considerations for a Scooter's Coffee franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee should consider the landscape of local coffee shops and quick-service restaurants. Managing inventory for diverse menu items and ensuring consistent quality across all offerings presents operational considerations. Furthermore, dependence on specific suppliers for key ingredients like coffee beans or dairy products requires careful attention to supply chain reliability.
Franchise Datasheet
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