Are you seeking low cost coffee franchises to start with the rising demand for coffee? A coffee franchise could be the right option because coffee is very popular in the United States.The coffee business brought in more over $81 million in sales in 2021.
You will find coffee franchises, how to start coffee franchises and 7 low cost coffee franchises in our post. If you follow our post, you will find the best cafe franchise to start a new business.
Let’s start to read.
What is a Coffee Franchise?
A coffee franchise is a business model in which a company (franchisor) grants the rights to operate a coffee shop with its established brand name, business model, and operational guidelines. This arrangement allows individuals to own and operate a coffee business using a proven and recognized brand, as well as benefit from the franchisor’s support and expertise.
The Low-cost Top Coffee Franchises of 2023
Starting as your first coffee shop can be more accessible. There are many low-cost coffee shop franchise options available that offer higher-quality coffee.
- Techy Cafe Franchise Package
- Aroma Joe’s Coffee
- Coffee Beanery
- Caribou Coffee
- Maui Wowi Hawaiian Coffees and Smoothies
- The Coffee Bean and Tea Leaf
- Biggby Coffee
- Cafe2U
Techy Cafe Franchise Package
When we have a survey to make a list of coffee franchises at low-price, we have got techy cafe franchises. The franchise business model of Techy Cafe is fantastic because when customers wait to repair their devices, they can enjoy a premium cup of coffee at servicing time. The features of Techy Cafe are:
- $30K In Parts & Mobile Device Inventory
- $50K In Coffee Equipment and furniture With An Espresso Machine, Refrigerator, And More.
- $20K In Extra Displays For Additional Inventory
- Get Started
- Techy Save – Monthly Recurring Revenue
- Techy University – Training / Learning Center
- Fixtures, Furniture, and Tools
- Replacement Parts and Accessories
- Channel Letters and Window Graphics
- Social Media Website Creation
- Two Weeks of Training at Techy HQ
- One week of training on-site at your location
If you like the features of the Techy Cafe franchise, you can start right now.
Aroma Joe's Coffee
Financial requirements:
- Initial franchise fee-$15,000
- Total initial Investment: $256,500 to $702,000
- Ongoing royalty fee of 8%,
- ad royalty fee of 4.5%
Aroma Joe’s Coffee is one of the most popular handcrafted beverage chains. It was established in the year 2000. Marty and Tim McKenna of Berwick, Maine, and their cousins Brian and Mike Sillon created the company. It is hot and cold coffee drinks for first-time Aroma Joe’s franchisees. Aroma Joe’s is a company that provides fuel for the contemporary world.
Biggby Coffee
Financial requirements:
- Total initial Investment: $186,850 to $369,100,
- Ongoing royalty fee of 6%,
- ad royalty fee of 3%.
- Agreement length: 10 years.
- Franchise fee: $15,000.
Biggby Coffee was founded in 1995.As of 2019, it has grown to over 200 sites around the country. There are openings and positions available for this franchise in the following states: Michigan, Florida, Illinois, Kentucky, Ohio, South Carolina, Texas, and Wisconsin.
Coffee Beanery
Financial Requirements:
- Total Initial Investment: $185,000 – $466,500
- Net-worth Requirement: $300,000
- Liquid Cash Requirement: $75,000 – $150,000
Coffee Beanery has nearly 100 locations. In 1976, a husband and couple started it. The firm sells equipment and franchisees for the majority of its revenue.. It started franchising in 1985 and offers streetfront café franchises and locations in malls, airports, office buildings, hospitals, and college campuses across the United States. For these coffee franchises, you’ll pay a $15,000 initial franchise.
Maui Wowi Hawaiian Coffees and Smoothies
Financial requirements:
- Total Investment is $63,900 to $554,000.
- Franchise Fee: $30,000
Nowadays most popular coffee franchise is Maui Wowi Hawaiian Coffees and Smoothies. Maui Wowi was established by Jeff and Jill Summerhays in 1982. This coffee shop franchise is Hawaiian-themed. The number of locations has been in recent years from 229 in 2012 to an increase of 128 in 2020. If you want this franchise, you’ll pay $ 30,000. You can get this franchise in various sizes, ranging from a restaurant.
The Coffee Bean and Tea Leaf
Financial requirements:
- Initial Franchise Fee is $15,000 to $25,000
- Initial inventory:$2,500 to $32,000
- Estimated Total: $183,250 to $615,500
If you’re seeking an innovative coffee shop franchise, then the Coffee Bean and Tea Leaf might be worth considering. The Coffee Bean and Tea Leaf then purchase tea directly from growers. It started its journey in 1963 by Herb Hyman. Its website claims more than 1,000 locations worldwide, with US locations in 10 states and the District of Columbia and international locations in 27 other countries.
Cafe2U
Financial requirements:
- Total Initial Investment: $109,146 to $154,621.
- Liquid Capital Required: $50,000
- Net Worth Required: $200,000
- Total Investment: $62,000 – $84,500
- Franchise Fee: $17,000
Cafe2U calls itself “the supreme bean machine. It started its journey in 2000 in Australia, but it is spreading to other parts of the world, including the United States. This franchise might be your perfect choice. People with a passion for coffee are still wanted by Cafe2U.
How to start a coffee shop franchise business?
When starting a coffee shop franchise business, consider following the steps.
- Market Research: Identify the location of your coffee shop franchise. Conduct market research to understand the local coffee culture, competition, and target audience.
- Choose a Franchise: Select a coffee franchise that aligns with your goals, budget, and values. Contact the franchisor to express your interest and learn about their requirements.
- Financing: Determine the total Investment required, including franchise fees, equipment, lease or purchase of a location, and initial inventory. Secure the necessary funds through personal savings, loans, or investors.
- Franchise Agreement: Review the franchise agreement and disclosure document provided by the franchisor.
- Location: Secure a suitable location for your coffee shop.
- Training and Certification: Attend the training and certification program offered by the franchisor. This training typically covers product preparation, business operations, and customer service.
- Set Up the Coffee Shop: Design the layout and interior of your coffee shop in accordance with the franchisor’s guidelines.
- Staffing: Hire and train staff in your coffee shop, including baristas, servers, and managers. Develop employee schedules and job descriptions.
- Marketing and Branding: Develop a marketing plan to promote your coffee shop. The franchisor could offer resources and assistance for marketing.
Wrapping Up
The coffee franchises on this list were ranked according to the number and low cost of units in the franchise system. Our mission is to help you by providing a list of coffee franchises at a low-cost. While this experience will differ from a traditional franchise agreement, it is still worth considering.
FAQs about low-cost Coffee Franchises
Research various coffee franchises, considering brand reputation, initial costs, support, and alignment with your goals.
Costs include franchise fees, location expenses, equipment, inventory, and ongoing royalties to the franchisor.
Expect training, marketing support, access to suppliers, and guidance in day-to-day operations.
Usually, you must adhere to the established menu and pricing, with some flexibility for local preferences.
It varies but may take several months to a year, depending on site selection and setup.
Ongoing fees include royalties based on sales and contributions to marketing funds.
Most franchises allow resale with franchisor approval, as specified in the agreement.
Add a Comment