#476

Initial Investment

LOW: $160,350
HIGH: $317,100

Change in Units

+11.6% +22 UNITS (1 Year)
+20.5% +39 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1994

Franchising Since

1999 (17 Years)

Corporate Address

2501 Coolidge Rd., #302 East Lansing, MI 48823

CEO

Bob Fish

About Biggby Coffee

Bob Fish and Mary Roszel opened their first coffee shop under the name Beaner's in East Lansing, Michigan. In 1999, they teamed with Michael McFall (originally hired as a barista for that first shop) to form Global Orange Development and begin franchising. In 2007, the company's name was changed to Biggby Coffee and all existing franchises were converted to the new brand. Biggby Coffee is expanding in the Midwest and Southeast.

Financials

Financial Requirements

Initial Investment

$160,350 - $317,100

Net-worth Requirement

$400,000

Liquid Cash Requirement

$70,000

Ongoing Fees

Initial Franchise Fee

$15,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Biggby Coffee has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

Highest Rank: 201

Lowest Rank: 494

  • 2007 - 289
  • 2008 - 255
* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 2 weeks

Training at headquarters: 3 weeks

Additional Training: On-the-job training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 15

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 1st, 2015

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