Are you looking into buying a food business franchise? A coffee franchise is one of the most popular. Coffee shops attract a constant and loyal crowd, so you won’t have a hard time looking for regular customers especially if you are located in the vicinity of offices, libraries, or universities. Coffee shops are likewise not just a passing trend. People delight in gathering over steaming cups of coffee, regardless of the season or time of day. Also, coffee shops are quite easy to promote as they don’t sell coffee alone – they also offer other delectables, such as pastries, sandwiches, and salads.
What are your options for opening a coffee franchise on a budget of under 50k?
1) Coffee Vending Business
If you want to start with something small but potentially profitable, look into starting your own coffee vending business. There are up-to-date coffee vending machines that would sell well in areas that have high foot traffic, such as office buildings and universities. The coffee vending business has a low startup cost of $10,000 or less and has the potential to earn a lot. You may check out various coffee businesses on www.franchisedirect.com
2) Scooter’s Coffee
Scooter’s Coffee is a Midwest-based coffee franchise that began business in 1998 and started franchising in 2002. Their headquarters is in Omaha, Nebraska. Since 2002, they have grown to 200 locations. This year, Franchise Business Review placed Scooter’s Coffee as one of only 50 franchisors to make it to the 2018 Top Franchise Leaders.
The fast-growing brand features a quick-service coffee store that offers drive-thru, takeout, and in-store seating service. Currently, there are two types of stores being offered for franchising:
- Drive-Thru Kiosks – This store simply sells coffee via drive-thru service, and it is best located in the parking lots of big shopping establishments.
- Drive-Thru Coffeehouse – This setup combines the convenience of a drive-thru with the standard in-store service for walk-in customers.
Investing in Scooter’s Coffee gives you the flexibility to choose from their two types of stores. With the brand’s promise of “Amazing People, Amazing Drinks…Amazingly Fast!®,” you will be well on your way to franchising success.
The initial franchising fee of Scooter’s Coffee is $40,000.
3) Ziggi’s Coffee
Ziggi’s Coffee franchise is another worthy business model to explore. The franchise started as a small coffee shop on Main Street, Longmont, Colorado, in 2004 and has been growing steadily across Colorado since then. Ziggi’s mission is quite simple: to serve superior coffee and superior customer service.
Ziggi’s Coffee offers three business models: the typical coffeehouse, the coffeehouse with a drive-thru, and the double-sided drive-thru. Each model features unique qualities, although currently Ziggi’s Coffee is geared towards developing its double-sided drive-thru model, which caters only to drive-thru customers from a stand-alone building of about 250 to 500 square feet without accommodations for in-seating service.
A quick search online will reveal enthusiastic reviews about Ziggi’s Coffee. The initial franchise fee of $20,000 is also quite a good price for starting a business.
4) Corner Bakery Cafe
Corner Bakery Cafe goes beyond just selling coffee. It is a casual restaurant that caters to customers coming in for all three meals of the day: breakfast, lunch, and dinner. Their menu features coffee and freshly prepared dishes, such as sandwiches, soup, pastries, and juices. As a company, they also boast having a best-in-class catering software.
This modern cafe business started in 1991 and opened their company to franchising in 2007. They currently have 83 locations.
Opening your own Corner Bakery Cafe starts with an initial franchising fee of as low as only $10,000.
5) Biggby Coffee
Biggby Coffee prides itself on its culture: fun, hip, and welcoming. It was born in East Lansing, Michigan, in 1995 and opened their company for franchising in 1999. Currently, the popular coffee chain has over 100 franchises across the United States.
From the very start, Biggby Coffee’s founders put community as the founding principle of their business. Their fun stores and interesting coffee products aim to welcome customers from all walks of life and to keep them coming back for good coffee and even better company.
If you’re looking for a coffee franchise that’s hip and happening, Biggy Coffee is worth looking into. The initial franchise fee is only $20,000.
You can’t go wrong with venturing into an affordable coffee franchise. To learn more before you invest, you may search for franchiseknowhow.com affordable purchase so you can find the best coffee franchise to fit your interests and your budget.