Ziggi's Coffee is a retail coffee shop offering gourmet specialty coffee, espresso drinks, and smoothies. The franchise provides a variety of beverages and snacks in a welcoming, modern setting.
Key Insights
- Ziggi's Coffee began with a vision to create a welcoming community hub centered around exceptional coffee and a friendly atmosphere, growing from its foundational roots to establish a presence across the region. The business prides itself on a culture of hospitality and consistent quality.
- The franchise operates through a multi-channel approach, offering drive-thru convenience alongside inviting in-store experiences, ensuring accessibility for a wide customer base. This model allows for flexibility in location selection and service delivery.
- Ziggi's Coffee is part of the dynamic and ever-evolving coffee shop industry, a sector characterized by increasing consumer demand for specialized beverages and unique brand experiences. The market continues to show strong engagement with quality-focused coffee providers.
Franchise Fee and Costs to Open
Exploring the financial picture of Ziggi'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 $650,000 - $2,093,000, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $733,663 and estimated earnings of $88,040 - $110,050 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 14.3-16.3 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
Ziggi's Coffee provides comprehensive training for new franchisees. Initial training is typically two weeks long and takes place at their corporate headquarters. This program covers operational procedures and brand standards. Ziggi's Coffee also offers ongoing support and a robust library of resources. These resources are designed to assist franchisees in building a successful Ziggi's Coffee location.
Legal Considerations
Legal considerations for a Ziggi'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 new franchisee may encounter considerations regarding the density of existing coffee shops in their chosen area, impacting customer acquisition. Managing inventory and staffing to meet daily demand presents operational complexity. Furthermore, consistent access to specific coffee beans and other ingredients relies on the stability of established supply chains.
Franchise Datasheet
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