Coffee is one of the most popular commodities in today’s world. Biggby Coffee is a well-known coffee brand in the United States. In 25 years, the company has grown to over 300 locations across 13 states. So, if you want to work in a fun environment while also serving your community with a high-quality product and a positive culture, the Biggby Coffee franchise opportunity is right the place for you.
As we all know, the coffee industry is one of the most popular and rapidly expanding, with a $47.5 billion turnover in today’s market. The brand’s success is due to the company’s mission of bringing the community together through coffee and fun. A coffee business can be beneficial and exciting if you partner with those brands and understand the components that contribute to a successful business.
Biggby Coffee is dedicated to the notion that everyone deserves to feel special. With the statement and their service, the brand grew in the United States, gaining a lot of love and popularity in various communities.
How much does it cost to franchise a Biggby Coffee?
A new Biggby Coffee franchise will cost between $276,000 and $439,000 for a Site Built Location. Biggby Coffee is reasonably priced, thanks to a reasonable initial fee, cost, royalty, and marketing. The cost of the store varies depending on location.
The estimated investment for a prefabricated modular location with a drive-through is $320,500 to $517,500. The Biggby Coffee franchise fee is $20,000 for a new franchise. The brand’s ongoing royalty is 6% of gross sales, with a marketing fee of 3% of gross sales. Veterans will be eligible for a 50% franchise fee waiver.
Biggby Coffee Franchise Startup Cost
|1. Biggby Coffee Franchise Fee||$ 20,000|
|2. Biggby Coffee Franchise Cost||$ 276,000 – $ 517,500|
|3. Royalty Fee||6%|
|4. Advertising Fee||3 %|
|5. Term of Agreement||10 years|
|6. Is franchise term renewable?||Yes,|
|7. Renewable Franchise Fees||50% of Initial Franchise fees|
How much do Biggby Coffee franchise owners make?
The Biggby Coffee franchise owners make an average for a Biggby Coffee franchise revenue is $1,381,549. This means that, on average, Biggby franchise owners earn a significant amount of money each year.
What is Biggby Coffee franchise profit?
According to Biggby Coffee, the highest gross revenue of a franchise is $1,381,549, while the lowest is $327,562. and the average gross sale was $748,168, with a 20% profit margin, you can make an average franchise profit of $150,00 and $265,000 the highest and $65,000 is the lowest profit.
It is recommended that you read item 19 of the latest 2021 FDD for more information.
What is the Biggby Coffee?
Biggby Coffee was founded in 1995 by Bob Fish and Mary Roszel in West Lansing, a city in Ingham County in the US state of Michigan.
Aside from coffee, the Biggby coffee chain offers a variety of other products. They serve beverages, sandwiches, whole-bean coffee, salads, baked goods, and coffee accessories, among other things. Smoothies and herbal tea were also on the menu. Global Orange Development, LLC is the company that owns the trademark. Previously known as Beaner, the company changed its name from Beaner’s to Biggby Coffee in 2007.
The Biggby offers its franchisees a detailed training platform, a system-driven operation, and other ongoing support, marketing, and so on to ensure franchise owners’ success in all aspects of their business. They also provide franchise owners with the option of a free-standing, storefront, or strip center location, as well as a modular prefabricated structure.
Biggby Coffee locations are all franchised because the company believes in making the brand a part of a different community.
Is Biggby Coffee a franchise?
Biggby Coffee began franchising in 1999, just a few years after its founding, and now has 300 locations across 13 states in the Midwest and Southeast of the United States. The Biggby Coffee founders have extensive knowledge of the restaurant industry, and franchisees will benefit to some extent from this knowledge and experience. The company provides its franchisees with a life they will enjoy. The company’s atmosphere is upbeat and encouraging.
The Biggby provides a good atmosphere and relationships with people while providing a good quality product, which is the business’s success. The company offers a fantastic franchise opportunity to its franchisees, along with a well-developed business model in every way. Businesses support both traditional and nontraditional locations.
Biggby recently launched a BCubed location that can accommodate eight parking spaces, as well as on-the-go service for customers. In addition, the company participates in the VetFran program to help the community.
Biggby Coffee Franchise Review and Information
|Industry Type||Food Franchise Opportunities|
|Sub Category||Coffee franchise opportunities|
|Company Name||Global Orange Development, LLC|
|Founder/Management Head||Bob Fish and Michael McFall, Co-CEOs|
|Employees at Company H.O||108|
|Franchise Expansion Plan||Worldwide|
|Number of Units||300|
|Number of Franchise Units||300|
|Social Media Handles|
|Company Office location||2501 Coolidge Rd., #302East Lansing, MI 48823|
Biggby Coffee Franchise Requirements And Application
1. Have the desire to prove something in life.
2. Be hardworking, hands-on, and ambitious.
3. Outgoing, involved in their community, and driven to make a difference
4. An initial investment of $276,000 – $439,000 is required.
5. To learn more, read ‘Grind,’ written by Biggby’s co-CEO, Michael McFall.
Biggby Coffee Training & Support
The Biggby coffee training program will be held over several days for up to two people, with an additional fee for each additional person. For up to 5 days, a 64-hour training program will be held at headquarters. They will teach franchisees about the
Biggby’s marketing plan, how to develop a business idea, how to grow a network in the community and many other topics during the training. Then, a representative will provide up to 5 initial days of on-the-job training during which the franchise will learn the ins and outs of running a business, how to manage the menu, customer etiquette, inventory management,
Biggby’s POS system usability, and many other things. For a great site selection, a dedicated professional team will be provided.
Biggby Coffee Operations
The Biggby will provide their franchise with all basic ongoing and marketing support. They frequently host webinars and phone calls to ensure that business processes run smoothly and to answer franchisee questions.
A franchise manager will be assigned who will visit the store on a regular basis to provide hands-on support in the field. Training videos and materials will always be available to assist them. They also offer franchise support 24 hours a day, seven days a week.
Biggby will also provide a variety of marketing assistance such as digital marketing, social media, promotional distribution, and so on. To maintain customer loyalty, introduce new specialty items.
How is Biggby Coffee Territory Granted to Franchises
A franchise can only operate in one location. The option of the exclusive territory is not available to franchise owners. Other franchisees, franchisor outlets, or other business channels may compete for your business.
Franchisees are not granted a maximum or minimum territory in which to operate. If a franchisee performs well in a specific area, they are permitted to serve from their designated location.
What is the Biggby Coffee Franchise Term of Agreement and Renewal?
The Biggby coffee franchisee’s initial term is 10 years. If franchisees are performing as expected, they are eligible for renewal. Existing franchise owners can renew their franchises for an additional five years.
Does Biggby Coffee provide Financial Assistance to Franchises?
Biggby Coffee does not provide direct franchise loans or financing. The company franchisor cannot provide any lease or note obligation for franchisee guarantee. As long as the company has a relationship with the investor, it can provide third-party financing to cover start-up costs, inventory, equipment, payroll, and accounts receivable.
If the franchisee chooses a prefabricated modular location, the company supplier BComplete, LLC may offer to invest in the franchise owners. SBA financing may be available to assist with the purchase of a franchise.
I recommend you buy franchise insurance, to protect your franchise business to suffer losses due to unavoidable circumstances.
Pros of owning a Biggby Coffee
1. No prior experience with the food or cafe business is required.
2. A low franchisee fee with location flexibility
3. A relatively new idea and opportunity to own a business that is in high demand and has a lot of potential for growth
4. A diverse menu with excellent business culture, great food with a great atmosphere
5. Comprehensive franchise training and support.
6. Prospective fastest-growing franchise with low franchise fees and franchise costs
with various types of business models
7. Biggby Coffee is community-driven
Disadvantages of owning a Biggby Coffee
1. Brands in the US market require more marketing.
2. Advertising costs more than other brands in the same category.
3. Does not provide direct financial assistance
4. A diverse business model can cause difficulties in-store operations.
Franchise Deck Analysis and Overview
Coffee is one of the current emerging businesses in the US market. Americans consume 400 million cups of coffee per day, demonstrating the market’s popularity. Biggby Coffee is a brand that not only serves expression but also beverages and many other things to their community.
The brand is community-driven and dedicated to providing a joyful environment to its customers through high-quality coffee and other similar commodities. They support the development of live people as well as their franchise love. They are created by people who are active in the community and have a strong desire to see societal change. Their franchise does not necessitate any prior knowledge.
Their franchise disclosure document also demonstrates the business’s profitability in such an investment with the low franchise and royalty fees. They also provide excellent training and ongoing marketing assistance to their franchisees in order for them to build a successful business. The company has over 300 locations in the United States. Despite having been in the industry for over 25 years, the franchise is falling behind in terms of marketing strategies. However, it is expected that they will overcome the problem and achieve greater success in the future.
The franchise deck rating for the Biggby franchise is 3.5/5.0.
Biggby Coffee franchise review
When it comes to coffee, Biggby Coffee is the place to be. The franchise has over 20 locations across the United States, and each one is a popular destination for coffee lovers.
The coffee is excellent, and the service is always friendly and welcoming. Plus, the franchise offers a variety of unique coffee drinks and desserts, all of which are made with high-quality ingredients.
If you’re looking for a delicious cup of coffee and a friendly atmosphere, you should check out a Biggby Coffee shop. Before you finalise, you better talk to the existing franchises of Biggby Coffee for reviews.
In addition, the video below is the Biggby franchise testimonial, visit their youtube channel and see more testimonials. Also, chase down these franchises and ask questions related to the Biggby franchise opportunity. Carry a screenshot or print of this article with you, when you meet the existing franchises.
Conclusion: Should you buy the Biggby Coffee franchise for sale?
Biggby Coffee is a community-driven company that always supports a good atmosphere and helps people and franchise owners build a life of their choosing.
Working in 13 different states, the brand has come a long way. With the increasing demand for coffee, Biggby is doing well for its franchises with all-around support. So, if you enjoy coffee, are passionate about business, and strive for better community life, Biggby Coffee is for you.
Entrepreneurs who want to open a franchise in the coffee franchise opportunities category can look at
- Starbucks Franchise
- Pj’s Coffee Franchise
- 7 brew Franchise
- Scooters Coffee franchise
- Dunkin Donuts Franchise
- Caribou Coffee Franchise
- Tim Hortons Franchise
- Black Rifle Coffee Franchise
- Dutch Bros Franchise
- Summer Moon Franchise
Frequently Asked Questions (FAQs)
Is the Biggby Coffee franchise profitable?
The brand is, indeed, profitable. According to the FDD report for 2021, 45 percent of drive-through business owners earned more than the average gross sales of $748,168, which is close to the average median. This sale is quite profitable in such an investment, which costs between $227,000 and $437,000
Can you make money owning a Biggby Coffee?
Yes, you can make money by owning Biggby Coffee, but it is still dependent on factors such as location, owner business management abilities, and other factors.
3. How much is the Biggby Coffee franchise?
The Biggby franchise cost is in the range of $ 276,000 – $ 517,500.