Do you love coffee and wanted to create an opportunity out of it? Are you willing to partner with a renowned coffee house in America? Have you ever dreamed of owning a coffee chain that may offer an exciting profit margin? If yes, then you should consider reading this complete informative piece on Biggby Coffee that has made storm in the cafe industry.
In this blog, we’ll cover a detailed article on the Biggby Coffee Franchise with its capital required, cost, profit, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
- Brand: Biggby Coffee
- Founded: 1995
- Key People: Bob Fish and Mary Roszel
- Industry: Cafe and Food
- No. of outlet: 300+
- Area served: United states
- Model: Franchise
- Franchise Fee: $20,000
- Royalty Fee: 6%
- Ad Royalty Fee: 3%
- Initial Investment: $246,305 – $564,626
Table of Contents
Overview of Biggby Coffee Franchise
Founded in 1995 in East Lansing, Michigan by Bob Fish and Mary Roszel, Biggby Coffee is one of the highly esteemed and rapidly growing coffee chains, specialized in serving a unique and inviting café experience to coffee enthusiasts across the States.
Started with a vision to create a coffeehouse that prioritized personalized service, top-notch quality, and a warm, welcoming environment, Biggby Coffee chain has grown to over 300 locations across 13 states, and certainly aspire to grow even bigger with every cup of coffee.
Their sheer focus on community, V-shaped recovery during the Covid-19 pandemic, and participation in local events has helped the franchise in building a strong franchise network throughout the United States. Their stores are locally operated by people who love the places they live and operate in.
Biggby Coffee offers a wide range of specialty coffee drinks, lattes, teas, shakes, smoothies, and Limited-Time-Offer drinks that celebrate seasons, special occasions and more. It also serves a limited food menu of breakfast sandwiches, waffles, muffins, and other assorted treats.
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Biggby Coffee Franchise – The Journey
Their humble beginning began in 1995 by its visionary founders Bob Fish and Mary Roszel, who wanted to build a place where people could enjoy exceptional coffee, experience personalized service, and feel a sense of belonging.
The franchise success is certainly attributed to its innovative and delicious menu range, creation in cozy nooks for conversation, and careful interior planning.
Key Facts on Biggby Coffee
| Sr No. | Type | Private |
|---|---|---|
| 1 | Trade Name | Biggby Coffee |
| 2 | Industry | Café |
| 3 | Founded | 1995 |
| 4 | Founders Or Parent Company | Bob Fish and Mary Roszel |
| 5 | Corporate Headquarters | Michigan |
| 6 | Number of locations | Over 300 outlets |
| 7 | Area served | United States |
| 8 | Model | Franchise |
| 9 | Menu offering | Variety of Specialty Coffee, Drinks, and many more |
| 10 | Revenue | $748,168 in 2021 |
| 11 | Website | https://www.biggbyfranchising.com/ |
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How Much Does A Biggby Coffee Franchise Cost?
The franchise fee or Total Initial setup cost for the Biggby Coffee chain will depend on the proposed geographical locations and chosen franchise model.
Nonetheless, To start a Biggby Coffee franchise, one would at least require an initial investment of $246,305 – $564,626 and may be a dedicated floor area of min 1500 – 2000 square feet to set up a brick-and-mortar shop space.
Additionally, The above-mentioned initial investment for Biggby Coffee does cover the expenses or fee such as Franchise fees, Marketing Fees, Equipment, and other necessary fees.
How much is the Biggby Coffee Franchise Fee?
The franchise fee for Biggby Coffee is $20,000. Furthermore, Interested candidates should also meet the minimum financial requirement of at least Net Worth of $1,000,000 and at least $500,000 – $750,000 in liquid assets. The franchise may also provide a few extra percentage of discount to honorably discharged United States Military Veteran.
Additional Cost for Biggby Coffee
Typically, to run and maintain a Biggby Coffee location, one must adhere to their standards and are liable to pay a few additional costs such as Royalty fee, advertisement fee, maintenance fee, and a few other investments.
The on-going royalty fee for Biggby Coffee location is 6% and ad royalty fee is 3% of the monthly gross sales.
| Type of Cost | Cost and its details |
|---|---|
| Initial Franchise Fee | $20,000 |
| Royalty Fee | 6% |
| Ad Royalty Fee | 3% |
| Real Property Rental | $2,305 – $21,326 |
| Leasehold Improvements | $135,000 – $290,000 |
| Furniture, Equipment and Decor | $48,000 – $82,000 |
| Drive-Through Equipment | $0 – $16,500 |
| Blueprints, Plans and Permits | $5,500 – $34,800 |
| Interior & Exterior Signage | $4,000 – $18,000 |
| Initial Inventory | $9,000 – $14,000 |
| Insurance | $3,500 – $4,500 |
| Utility Expense | $500 – $4,000 |
| License Permits and Other | $1,000 – $2,500 |
| Initial Advertising and Grand Opening Promotions | $9,500 |
| Misc. Travel and Living Expenses for Training | $500 – $5,000 |
| Organizational Expenses | $2,000 – $2,500 |
| Additional Funds – 3 Months | $5,000 – $40,000 |
| Total Estimated Initial Investment | $276,000 – $439,000 |
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How much is Biggby Coffee Franchise Profit Margin?
The income potential for a Biggby Coffee owner may vary depending on the several factors, including the outlet’s geographical location, average customer footfall, and capability of franchisee to control its expenses.
Nevertheless, Considering its experience of over two decade, innovative and delicious menu range, best-in-class cafe atmosphere, growing cafe industry, and low startup cost may invite application from aspiring entrepreneurs to join hand with a rapidly growing cafe chain.
According to its official website, There are almost over 50% of their franchise owner who transitioned into a multi-unit ownership, and that could one of the major sign of a healthy franchise system.
Moreover, according to the industry standards, one may anticipate a net profit margin of 10-15% with a Biggby Coffee drive-thru franchising model.
Financial Statements of Biggby Coffee – 2021
| No. of Stores | Avg Gross Sales | Highest Gross Sales | Lowest Gross Sales | |
|---|---|---|---|---|
| Systemwide | 162 | $748,168 | $1,381,549 | $327,562 |
| Top Quarter | 40 | $1,017,683 | $1,381,549 | $844,495 |
| Upper Middle | 41 | $780,424 | $841,988 | $725,674 |
| Lower Middle | 41 | $677,973 | $719,815 | $629,781 |
| Bottom Quartile | 40 | $517,540 | $627,427 | $327,562 |
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Is Biggby Coffee a Franchise?
Yes, Biggby Coffee is a successful and proven franchise model. It offers exciting opportunities for aspiring entrepreneurs to join the hand with reputed coffee chain and build their own coffee house under the reputable Biggby Coffee brand.
As a franchisee, you’ll have access to their comprehensive support, training and resources to help individuals successfully operate and grow their coffee businesses.
Why Consider Owning a Biggby Coffee Franchise?
- Experienced and Reputed brand:
- The chain has been in the industry for over two decade and as an approved franchise, you can leverage the franchise’s established presence and reputation in the specialty coffee industry.
- Low Startup cost:
- The franchise offers a proven business model that can be started with an initial investment of $276,000 – $439,000, which can turn out to be a profitable and lucrative business investment for aspiring prospects.
- Comprehensive training and support program:
- The chain provides individuals with a extensive support and training program that may help new franchisee to operate their outlets hassle-freely. It also offers a on-field training and marketing assistance to its franchise holder.
- Varieties in menu:
- The franchise offers a wide range of specialized coffee drinks, tea, shakes, latte, and many more at an quite a competitive pricing that helps them build a loyal fan base across all age groups.
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What are the support offered by Biggby Coffee Franchise?
- Site selection and build out
- Initial Hands-on training
- Marketing Support
- On-going support
What does it requires to Own a Biggby Coffee Franchise?
To own a franchise, you might have to meet the certain requirements. However, we have enlisted a few major Biggby Coffee franchise requirements for your reference;
- First and most important – One should be financially well-qualified and have good credit to start a Biggby Cafe location, and should be ready to invest minimum $246,305 – $564,626 .
- One should also have a minimum net worth of $1 Million with a liquid assets of $500,000 – $750,000.
- Interested applicants are advised to dedicate themselves to the Biggby Cafe business and follow the company standards and maintain their legacy.
- Interested applicants must undergo and complete the necessary training program offered by the Biggby’s team.
- Applicant should be hard-working and dedicated to being heavily involved during the early stages of their new venture with Biggby Cafe.
- Interested franchisees should have passion to work in the Food and Cafe industry and should possess the leadership and financial skills to operate a Biggby Location.
How to Apply for a Biggby Coffee Franchise?
To become an approved Biggby Cafe owner may require a relatively affordable investment that may offers an impressive gross profit margin. Additionally, the Biggby Cafe chain may provide several benefits, and interested candidates can take up franchise outlets in their city through their expertise and endless support systems.
One can avail this franchise using below mentioned steps;
- Visit its official website and fill in its application form.
- You’ll be required to fill in the details like Name, Phone Number, Email ID, State.
- One can also contact them at – tel:517-913-1983
Final Takeaway – Conclusion
Biggby is one of the leading and renowned coffee houses, specialized in serving varieties of customized coffee drink, tea, latte, and many more.
It was established in 1995 by visionary founders Bob Fish and Mary Roszel, who decided to expand their vision beyond a single location. and certainly, it grew into more than 300 locations in over 13 states.
The franchise offers four kind of flexible franchising models, such as Lobby & Drive-Thru, Lobby Model, Drive-Thru Only Model, and Kiosk Model, which can be started with an initial investment of $246,305 – $564,626 that may provide a net profit margin of 10-15%.
The Bottom Line – Overall, owning a Biggby Coffee franchise can be a lucrative and potentially rewarding investment. Having its well-established franchising model, extensive marketing and training support, and innovative menu range, Biggby Coffee may prove to be beneficial opportunities for aspiring entrepreneurs.
So, what are you waiting for? Go and start your entrepreneurial journey with Biggby Coffee!!
Good Luck!! Happy Franchising!!
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Food & Beverages Franchise, Bakery Franchise, Home Improvement, Health & Fitness, and Tea & Café Franchise
FAQ
How much does it cost to Start a Biggby Coffee Franchise?
Ans: A minimum investment required to setup a Biggby Coffee Location may cost approximately $246,305 – $564,626, which includes a franchise fee of $20,000.
Is Biggby Coffee Franchise Profitable?
Ans: It could be certainly difficult to comment on Biggby Coffee outlet’s profitability without knowing its key factors such as location and average customer footfall.
However, according to its official website, the chain has shown a V-recovery and provided a consistent sales figure and many of their single-unit franchise has turned into a multi-unit owner. It strengthen its foundation and future route map for its long-term growth.
