The Midwest-based drive-thru coffee franchise reached the 300-store mark after seeing increases in average unit volume across the system in recent years, including 43 new stores in 2020. 8. In mid-May 2021, Scooters Coffee released its 2021 Franchise Disclosure Document, providing a look into its system and sales growth during 2020. Classic Tumbler, White. Scooters Coffee is a drive-thru franchise company that has been serving world-class coffee for more than 20 years and is approaching 450 locations in 23 states across the nation. The Eckleses got the idea for their specialty coffee shop when they saw a man building a drive-thru coffee hut while living in California. 5. Initial Investment: $438K - $1 . In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. We may receive a commission for leads generated from our site. With more than 35 years of experience in information technology, Heyman has successfully led digital transformation for entrepreneurial endeavors and large public enterprises. To help celebrate this amazing day in Scooters Coffees franchise history, the Katy location debuted Scooters Coffees latest technologies and processes. Additional details about running this franchise. The term Overhead is the estimated costs of other expenses including business insurance, licenses, accounting fees, franchisor technology fees, banking fees, store supplies, service contracts, repairs, maintenance, uniforms, and other miscellaneous costs. Regional Marketing and Advertising Cooperatives: none currently. 9. This ever-growing brand has more than 275 locations across 17 states, including coffeehouses and drive-thru kiosks. We have always built our brand around amazing coffee as well as the amazing people who truly make Scooters Coffee what it is. This statement includes the average customer ticket for Kiosk and Coffeehouse franchised Stores that were open during the entire 12-month period ending December 31, 2021 (the Measurement Period) and that provided complete information Scooters Coffee requested respecting such costs. How profitable is a Scooters Coffee franchise? At the time, coffeehouses were popping up everywhere and the Eckleses wanted to combine quality coffee with drive-thru convenience. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. 17 of them (or 40%) had an AUV that met or exceeded $1,179,980, (2) 19 of them (or 44%) had a Net Profit Margin and EBITDA that met or exceeded the average. *This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. And entrepreneurs considering buying a franchise want to know how much money they may stand to make. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. This is an average of both the Kiosk Store and the Coffeehouse Store. The same-store sales growth figures below show the change in the Net Sales (as defined above) earned by Participating Stores during the 2020-2021 calendar year when compared with the Net Sales earned by the same Stores during the prior calendar year, broken down by type of Store (Kiosk or Coffeehouse). Scooter's Coffee. All of the Stores whose data were used in the table above were open for at least 13 months during the measured period. Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. On average, you would need to invest $1,143,250 to open a new Scooters Coffee restaurant. Entrepreneur Franchise 500 Rank: 11 th. This statement includes average Gross Sales for the first full calendar month of operations for all franchised Kiosk Stores and Coffeehouse Stores that opened for operation in each of calendar years 2018 to 2021. The owner becomes an important part of the community and feels the satisfaction of serving great coffee and other items. $19.99. The top quartile among those stores saw an average unit volume just shy of $1 million thanks to their essential function. Non-traditional Stores are carts or small spaces located in specialty locations (e.g. Liabilities include items like mortgages, car payments, and credit card debt. Definition: The initial fee paid to a franchisor to join their system. Were extremely proud to have had an impact with our customers and to have provided security to our franchisees, along with optimism and excitement to those considering franchising with Scooters Coffee in the future.. These concepts continually rank as the top franchises in the coffee and tea industry. The Eckles were inspired to start their own little drive-thru coffee shop after coming across a similar concept in California. How do you narrow thousands of possibilities down to the one perfect franchise for you? There is no assurance that you will sell or earn as much. Over the next few decades, Scooters continued to grow around the U.S. Today, there are Scooters Coffee shops across more than 23 states. Total Number of New Stores That Opened During the Calendar Year: 39, Average Gross Sales During the First Full Month of Operations: $66,775, Number and Percentage That Attained or Exceeded the Average: 19/48.7%, Median Gross Sales During the First Full Month of Operations: $66,652, Low Gross Sales During the First Full Month of Operations: $27,221, High Gross Sales During the First Full Month of Operations: $102,739, Total Number of New Stores That Opened During the Calendar Year: 43, Average Gross Sales During the First Full Month of Operations: $44,686, Number and Percentage That Attained or Exceeded the Average: 20/46.5%, Median Gross Sales During the First Full Month of Operations: $42,132, Low Gross Sales During the First Full Month of Operations: $13,063, High Gross Sales During the First Full Month of Operations: $111,917, Total Number of New Stores That Opened During the Calendar Year: 26, Average Gross Sales During the First Full Month of Operations: $36,742, Number and Percentage That Attained or Exceeded the Average: 12/46.2%, Median Gross Sales During the First Full Month of Operations: $35,936, Low Gross Sales During the First Full Month of Operations: $13,336, High Gross Sales During the First Full Month of Operations: $66,643, Total Number of New Stores That Opened During the Calendar Year: 18, Average Gross Sales During the First Full Month of Operations: $36,266, Number and Percentage That Attained or Exceeded the Average: 9/50.0%, Median Gross Sales During the First Full Month of Operations: $35,865, Low Gross Sales During the First Full Month of Operations: $12,572, High Gross Sales During the First Full Month of Operations: $53,444. Wake up to the ahhh-mazing aroma of quality. Scooters Coffee has not verified or audited this information. 7. The following charts are based on information for only 186 Kiosk and 78 Coffeehouse franchised Stores that were open and operating during the entire Measurement Period for 2021 and that provided complete information (the Participating Stores). Heres what you need to know if youre interested in opening a Scooter's Coffee franchise. The amount included in the table assumes that each Participating Store will comply with the requirements in the Franchise Agreement. 10. PJ's Coffee is definitely a franchise to consider for premium cold coffee drinks and delicious coffee. The senior director of drive-thru innovation is a key strategic position at Scooters Coffee as the company strives to achieve growth goals and provide innovative ways for customers to get amazing drinks, amazingly fast. The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Last updated on August 29, 2022 by Franchise Chatter Leave a Comment in Coffee Franchise, FDD Talk: Food Franchises, Franchise Earnings. According to the latest FDD, startup costs vary based on the format of restaurant you choose: the Kiosk Store costs on average $794,500-$1,264,500, whereas a Coffeehouse store costs $666,500-$1,847,500 instead. Scooters Coffee has partnered with third-party financial lenders that may help qualified franchisees cover the costs of the franchise fee, startup cost, equipment, inventory, accounts receivable, payroll. Prior to Scooters Coffee, Lester led strategic initiatives for the past 9 years at McDonalds, enabling a superior customer experience. Scooters Coffee also may offer exclusive territories, potentially setting up franchisees for success by weighing all factors. Overhead employees are not included in the labor calculations above. The term Average Customer Ticket means the total amount of Gross Sales during the Measurement Period, divided by the total amount of customer transactions. Wisconsin, United States. 10. The term Average Customer Ticket means the total amount of Gross Sales during the Measurement Period, divided by the total amount of customer transactions. Our listings and rankings are solely research tools you can use to compare opportunities. Scooters Coffee, which was ranked a top franchise in Entrepreneurs annual Franchise 500 for 2020, is an amazing opportunity for anyone opening a coffee shop. For example, this Item 19 does not include costs associated with paying any rental expense, equipment, royalty, or continuing marketing fees. Since Scooter's Coffee hit the market, the brand has maintained a solid reputation among customers who depend on its commitments to quality. Setting up a Scooter's Coffee franchise begins when the franchisor and franchisee enter into a legal agreement that allows you to operate a store and use the brand's image and products. Download the Scooters Coffee franchise business plan, Updated with Franchise Disclosure Document. In this FDD Talk post, youll learn the following: Appoints New Vice President of Development. However, their liquid capital requirement is only $100,000 compared to Dunkin's $250,000 minimum. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. This information is based upon 217 locations that were open during the entire 2021 calendar year and provided complete information. This is your payback period: the time it takes for an investment to repay itself with the future profits. Founded in 1998 in Ashland, Oregon, The Human Bean franchise is a drive-thru coffee concept with 79 locations 66 are franchised, and 13 are corporate locations in 10 states. 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