The Coffee Beanery

The Coffee Beanery

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Promoted Opportunities

The Coffee Beanery

Initial Investment

LOW: $98,500
HIGH: $433,500

Change in Units

+4.2% +3 UNITS (1 Year)
-3.9% -3 UNITS (3 Years)

Company Profile

Founded

1976

Franchising Since

1985 (32 Years)

Corporate Address

3429 Pierson Pl. Flushing, MI 48433

CEO

JoAnne Shaw

About The Coffee Beanery

With help from her husband, Julius, JoAnne Shaw decided to take a chance. In 1976 she opened The Coffee Beanery, a specialty coffee shop, in Dearborn, Michigan. The company began franchising in 1985.

The Coffee Beanery offers streetfront café franchises, as well as locations in malls, airports, office buildings, hospitals and college campuses across the United States. In 1998 the company opened its first international location in Guam and now offers master franchises in China, Korea and the Middle East.

Financials

Financial Requirements

Initial Investment

$98,500 - $433,500

Net-worth Requirement

$35,000

Liquid Cash Requirement

$75,000 - $150,000

Ongoing Fees

Initial Franchise Fee

$27,500

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Veteran Incentives


25% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: up to 7 days

Training at headquarters: 7-20 days

Additional Training: At opening

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

Marketing Support
Ad Slicks

Absentee Ownership Allowed

Number of employees required to run: 14 - 17

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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 26th, 2016

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