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Entrepreneur: Start & Grow Your Business

Biggby Coffee

Coffee & baked goods

Background

Founded: 1994 Franchising since: 1999
P.O. Box 710
East Lansing, Michigan 48826
Phone:
(517)482-8145


Franchisor has 50 employee(s); 16 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 109 0 0 0
2008 95 0 0 0
2007 85 0 0 0
2006 63 0 0 0
2005 43 0 0 0

Where Seeking Franchisees

Exclusive territories available.
Territory size: Dependent on arrangement in the area development agreement

Costs and Fees

Total investment: $220.2K-390.1K
Franchise fee: $30K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $75K
Business Experience:
  • Life skills & a general passion to succeed

Operations
  • Number of employees needed to run franchised unit: 15
  • Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 3 weeks
  • Ongoing : 1 day per quarter

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#255 (2008); #289 (2007);