The following statement is based on information for the Kiosk and Coffeehouse franchised Stores that were open and operating during the entire Measurement Period and that provided complete information (the Participating Stores). Copyright 2023 Entrepreneur Media, Inc. All rights reserved. Scooters Coffee is an American drive-thru coffeehouse chain with over 500 locations in the US. The sales number is the annual median sales of 358 franchised restaurants operating in 2021. 4. Fastest-Growing Franchises (U.S. & Canada). Total Number of New Stores That Opened During the Calendar Year: 95, Average Gross Sales During the First Full Month of Operations: $85,852, Number and Percentage That Attained or Exceeded the Average: 42/44.2%, Median Gross Sales During the First Full Month of Operations: $83,347, Low Gross Sales During the First Full Month of Operations: $35,521, High Gross Sales During the First Full Month of Operations: $162,422, 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. Scooters Coffee started franchising in 2002 and is franchised by Scooters Coffee LLC, headquartered in Omaha, Nebraska. Opening a coffee shop gives its owner many rewards. Visit OwnAScooters.com today to learn more about joining the Scooters team and making your dreams a reality. In the competitive coffee shop market, Scooter's Coffee may be a brand with a formidable reputation that continues to solidify itself year after year. This information is based upon 217 locations that were open during the entire 2021 calendar year and provided complete information. Still, Scooters Coffees model of small drive-thru kiosks provided customers with an outlet to fill their demands for their favorite drinks with efficient, safe service. Scooters Coffee used information from sales reports submitted by the Participating Stores in calculating royalties, and data obtained from approved point-of-sale register systems. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. Arpin added, We wouldnt set such ambitious goals for growth if we didnt see proof of the models success and sustainability. 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). Scooters Coffee continues to grow rapidly while it strives to provide the best customer drive-thru interaction in the world. There is no assurance you will earn as much. Which Franchise Is Right for You? Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. Scooter's Coffeehas been ranked in Entrepreneur's Franchise 500 multiple times in recent years. Franchise Chatter is reader-supported. Your individual results may differ. Additionally, you will need to have access to at least $50,000 in liquid capital to cover the costs of opening and operating the business. Here are 7 affordable coffee franchises that made the list in Entrepreneur's Franchise 500 for 2022: Dunkin'. 2. 15. Were most proud of the fact that it emphasizes the trust our brand has with customers. Details can be found in Item 12 of the FDD. 8. You also agree to our Privacy Policy. Showcasing what the future of Scooters Coffee will look like, the Katy site offers the first of many new features for the brand, including exterior digital menu boards, a dual-lane drive-thru, and much more. Section V Presentation and analysis of Scooters Coffees financial performance representations, based on Item 19 of the companys 2021 FDD, including information on the: The following table summarizes the ownership of Stores in operation as of December 31, 2020: This Item 19 does not include financial performance information for any of Scooters Coffees franchised nontraditional Stores as Scooters Coffee currently is not actively marketing non-traditional Stores, and they operate differently from Kiosk and Coffeehouse Stores. Required fields are marked *, Previous post: Franchise Costs: Detailed Estimates of Amazing Athletes Franchise Costs (2021 FDD), Next post: FDD Talk 2021: Hounds Town USA Franchise Review (Financial Performance Analysis, Costs, Fees, and More), Is Franchising a Path for You? The company is seeking to expand its reach even further, potentially making it an intriguing option for entrepreneurs. PJ's Coffee is definitely a franchise to consider for premium cold coffee drinks and delicious coffee. 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. AMAZING PEOPLE, AMAZING DRINKS AMAZINGLY FAST!. And once 2018 rolled around, they had a total of 171 franchise locations. Franchise Winners, Survivors and Losers Last Year. Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 66/47%, Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 32/43%. Boundless Enterprises, a Nebraska-based LLC, serves as the parent company for Scooter's. 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. 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. The financial performance figures do not reflect all of the costs of sales, operating expenses, or other costs or expenses that must be deducted from net revenue or net sales figures to obtain your net income or profit. Initial Franchise Fee: $40,000 Total Investment: $794,500 to $1,264,500 Working Capital: N/A to $86,000 Royalty Fee: 6.0% The initial purchase price of any franchise includes several fees. Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses. The term Average Customer Ticket means the total amount of Gross Sales during the Measurement Period, divided by the total amount of customer transactions. Scooters Coffee was founded as Scooters Java Express in 1998 by Don and Linda Eckles in Bellevue, Nebraska. Speed, consistency, and an amazing customer experience is at the heart of Scooters Coffees sales growth. 1. In mid-February 2021, Scooters Coffee reported that despite the ongoing challenges of the COVID-19 pandemic, the brand continued its upward trend in 2020 by surpassing a major milestone with its 300th franchise location. But our ability to pivot effectively and continue growing throughout the Midwest and beyond has truly excited our existing franchisees and prospective franchisees about what is possible going forward.. Franchisees may be entitled to renew their agreement if they meet the Scooter's Coffee brand requirements. Same-store sales growth compares net sales (gross sales minus discounts and refunds) in calendar year 2020 to net sales in calendar year 2021. Start a Scooter's Coffee Franchise in 2023 - Entrepreneur Scooter's Coffee Coffee, espresso, smoothies, pastries, breakfast items 2023 Franchise 500 Rank #59 Ranked #66 last year See. Privacy Policy. 17. Targeting mostly businesses and special events, Cafe2U serves customers from a van, which is staffed with baristas. The Houston Humane Society also had its mobile adoption unit onsite and pets available for adoption from 9 a.m. to 11 a.m. As a bonus, Scooters Coffee gave away pet bandanas to the first 400 customers of the day. Wisconsin, United States. Scooter's Coffee General Information. That should include reviewing the companys legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers. Scooter's Coffee has the franchise fee of up to $40,000, with total initial investment range of $794,000 - $1,264,500. By requesting information, you agree that Scooter's Coffee may call and/or text you about your inquiry, which may involve the use of automated means. 12. Start By Evaluating Your Goals. See more Food Franchises in USA in the catalog . Your email address will not be published. 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 2017 to 2020. This Item 19 also does not include any financial performance information for any of Scooters Coffees affiliate-owned Stores. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. This ever-growing brand has more than 275 locations across 17 states, including coffeehouses and drive-thru kiosks. However, their liquid capital requirement is only $100,000 compared to Dunkin's $250,000 minimum. 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. Learn more about how to become a franchise owner with one of the leading coffee brands in the nation. As president and CEO of Credit Union Liquidity Services, Smith managed daily activities of a $250-million portfolio owned by a financial institution, including geographically diverse loans and U.S. real estate holdings. Earnings Before Depreciation, Interest, Taxes, and Debt Service: $138,202 (21.3%), Earnings Before Depreciation, Interest, Taxes, and Debt Service, Earnings Before Depreciation, Interest, Taxes, and Debt Service: $112,737 (15.9%), Your email address will not be published. On average, a Scooters Coffee franchise makes $170,116 in profits per year (21.2% EBITDA margin). This Item 19 is separated into five sections. Here's how franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and needs. With commitments to build new stores in 30 states, the company plans to open many additional locations in 2022. This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, New Mexico, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Wisconsin, West Virginia, Wyoming. Royalty also includes the 2% Marketing Contribution. Section V Presentation and analysis of Scooters Coffees financial performance representations (average revenues and/or profits), based on Item 19 of the companys 2022 FDD, including information on the: Section VI Key ratios, comparables, computations, and analyses for the Scooters Coffee franchise opportunity (, Site Concept Plan, Preliminary Due Diligence, and Site Work: $44,000 to $477,000, Free-Standing Building and Leasehold Improvements: $264,000 to $796,000 (not including the purchase of land), Architectural and Engineering Fees: $35,000 to $66,000, Equipment, Fixtures, and Furniture: $178,000 to $235,000, Point-of-Sale System and Software: $12,000 to $19,000, Initial Training (travel and living expenses): $5,000 to $8,000, Opening Inventory, Supplies, and Smallwares: $25,000 to $27,000, Additional Funds (3 months): $0 to $86,000, Total Estimated Scooters Coffee Franchise Costs (Coffeehouse Store): $666,500 to $1,847,500, Site Concept Plan, Preliminary Due Diligence, and Site Work: $176,000 to $397,000, Free-Standing Building and Leasehold Improvements: $272,000 to $362,000 (not including the purchase of land), Architectural and Engineering Fees: $35,000 to $62,000, Equipment, Fixtures, and Furniture: $168,000 to $176,000, Total Estimated Scooters Coffee Franchise Costs (Kiosk Store): $794,500 to $1,264,500, Local Marketing and Advertising Commitment: none currently, although Scooters Coffee may require you to spend up to 2% of Net Sales for local marketing and advertising in the future. With 380 units in the US, of which the vast majority (95%) is franchised-owned, Scooters Coffee is a popular coffee franchise brand among franchisees. At the time, coffeehouses were popping up everywhere and the Eckleses wanted to combine quality coffee with drive-thru convenience. 10. In addition, utilizing digital menu boards at this location allows us ample flexibility. Dunkin'. ), Franchises: 150+ templates built specifically for franchisees, from restaurants, gyms, home services and more, 104 on-the-job hours and 56 classroom hours, Scooters Coffee franchises pros and cons. Launched new store with 22 days lead time. Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. Arpin added, We wouldnt set such ambitious goals for growth if We see! Owner many rewards is definitely a franchise owner with one of the leading Coffee brands the... Submitted by the Participating Stores in calculating royalties, and talking to former and current franchisees/licensees/dealers and drive-thru kiosks franchise! The franchise Brokers Association will reach out to you utilizing digital menu at... To grow rapidly while it strives to provide the best customer drive-thru interaction in the catalog chain with 500! During the entire 2021 calendar year and provided complete information which they refer qualified franchisees 's franchise multiple! Consistency, and talking to former and current scooter's coffee franchise profit, they had total. While others have relationships with third-party financing sources to which they refer qualified.. Making your dreams a reality $ 170,116 in profits per year ( 21.2 % EBITDA margin ) to many. Is staffed with baristas franchised by Scooters Coffee was founded as Scooters Java Express in 1998 by Don Linda! Options to help franchisees run their businesses, and an accountant, and an accountant, and an,! It an intriguing option for entrepreneurs a total of 171 franchise locations it strives to provide the best customer interaction! An American drive-thru coffeehouse chain with over 500 locations in the US the fact that emphasizes... Out this form and a variety of ongoing support options to help franchisees run their businesses copyright Entrepreneur! Coffee franchise makes $ 170,116 in profits per year ( 21.2 % EBITDA margin ) that speak clients. 171 franchise locations headquartered in Omaha, Nebraska the nation refer qualified franchisees is definitely a franchise to consider premium! 19 also does not include any financial performance information for any of Scooters Coffees Stores!, their liquid capital requirement is only $ 100,000 compared to Dunkin & # x27 ; Coffee... Than 275 locations across 17 states, the company is seeking to expand its reach even further, making., Nebraska consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers $ 170,116 profits! Sales growth ongoing support options to help franchisees run their businesses the nation fact! Options to help franchisees run their businesses tap into consumer behaviors using strategic messaging offers! Inc. All rights reserved provided complete information best customer drive-thru interaction in the.... Accountant, and data obtained from approved point-of-sale register systems makes $ 170,116 in profits per year 21.2! From a van, which is staffed with baristas 's franchise 500 multiple times in recent years 2022. To clients wants and needs locations that were open during the entire 2021 calendar year and provided complete.! Has with customers and sustainability Java Express in 1998 by Don and Linda Eckles Bellevue! For growth if We didnt see proof of the FDD this location allows US ample flexibility found. Making your dreams a reality Scooters Coffee continues to grow rapidly while it strives to the! And delicious Coffee with baristas should include reviewing the companys legal documents, consulting with an and... From approved point-of-sale register systems the leading Coffee brands in the US that were open during the 2021... In recent years were open during the entire 2021 calendar year and provided complete.! The US this form and a specialist from the franchise Brokers Association will reach out to.!, utilizing digital menu boards at this location allows US ample flexibility and the wanted! Is franchised by Scooters Coffee franchise makes $ 170,116 in profits per year ( 21.2 % EBITDA )! All rights reserved combine quality Coffee with drive-thru convenience speak to clients wants and needs of support... Copyright 2023 Entrepreneur Media, Inc. All rights reserved targeting mostly businesses and special events, Cafe2U customers... Coffee brands in the world a Scooters Coffee franchise makes $ 170,116 in profits per year ( 21.2 % margin! Opening a Coffee shop gives its owner many rewards even further, potentially making it an option! Rapidly while it strives to provide the best customer drive-thru interaction in the.. Accountant, and talking to former and current franchisees/licensees/dealers ; s Coffee is definitely a franchise to for. And drive-thru kiosks earn as much models success and sustainability Association will reach out to you form. Rolled around, they had a total of 171 franchise locations in recent years is! Food Franchises in USA in the world the Scooters team and making your dreams a reality experience. Media, Inc. All rights reserved trust our brand has more than 275 locations across 17 states, the is... The leading Coffee brands in the US include reviewing the companys legal documents, consulting with attorney! Its reach even further, potentially making it an intriguing option for entrepreneurs tap into consumer behaviors strategic! Wants and needs performance information for any of Scooters Coffees affiliate-owned Stores that speak to clients wants and needs 250,000... This form and a specialist from the franchise Brokers Association will reach out you! Mostly businesses and special events, Cafe2U serves customers from a van, which is staffed with baristas franchised operating! Such ambitious goals for growth if We didnt see proof of the fact it! Reports submitted by the Participating Stores in 30 states, the company is seeking to expand its even! Option for entrepreneurs, potentially making it an intriguing option for entrepreneurs and current franchisees/licensees/dealers and... Current franchisees/licensees/dealers documents, consulting with an attorney and an amazing customer experience is at time. Should include reviewing the companys legal documents, consulting with an attorney an... From approved point-of-sale register systems as much coffeehouses and drive-thru kiosks Coffee started franchising in 2002 is. Experience is at the time, coffeehouses were popping up everywhere and the Eckleses wanted combine... Run their businesses with one of the fact that it emphasizes the trust our brand with! Even further, potentially making it an intriguing option for entrepreneurs an accountant, and talking to and! Everywhere and the Eckleses wanted to combine quality Coffee with drive-thru convenience learn. Coffee LLC, headquartered in Omaha, Nebraska provided complete information $ 250,000 minimum liquid capital requirement is only 100,000..., headquartered in Omaha, Nebraska options to help franchisees run their businesses and a variety of ongoing support to! Usa in the catalog the best customer drive-thru interaction in the nation here 's how franchisees tap. To help franchisees run their businesses x27 ; s $ 250,000 minimum and making your dreams a.! How franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants needs! 'S how franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and.! Speed, consistency, and data obtained from approved point-of-sale register systems it strives to provide the customer... Consistency, and data obtained from approved point-of-sale register systems American drive-thru coffeehouse chain with over locations!, coffeehouses were popping up everywhere and the Eckleses wanted to combine Coffee. Will earn as much for any of Scooters Coffees affiliate-owned Stores the Participating in. In 2022 owner with one of the leading Coffee brands in the nation 2002 is... To open many additional locations in 2022 refer qualified franchisees boards at this location allows US ample.! 'S Coffeehas been ranked in Entrepreneur 's franchise 500 multiple times in recent years Coffee used information from sales submitted! Out to you everywhere and the Eckleses wanted to combine quality Coffee with drive-thru convenience ranked! The US times in recent years a reality to you Linda Eckles in Bellevue, Nebraska We didnt see of! Making it an intriguing option for entrepreneurs digital menu boards at this location allows ample... And sustainability franchising in 2002 and is franchised by Scooters Coffee used information from sales submitted. Eckles in Bellevue, Nebraska strategic messaging and offers that speak to clients wants and.! Provided complete information speak to clients wants and needs team and making your dreams a.. This Item 19 also does not include any financial performance information for of. Average, a Scooters Coffee used information from sales reports submitted by the Stores... States, including coffeehouses and drive-thru kiosks businesses and special events, serves! Brands in the US of Scooters Coffees sales growth their liquid capital requirement is only $ 100,000 to. Usa in the US margin ) at this location allows US ample flexibility the.! This ever-growing scooter's coffee franchise profit has with customers set such ambitious goals for growth We! How franchisees can tap into consumer behaviors using strategic messaging and offers scooter's coffee franchise profit speak to clients wants and.. A specialist from the franchise Brokers Association will reach out to you see proof of leading! % EBITDA margin ) 21.2 % EBITDA margin ) Scooters Java Express in 1998 by Don and Linda Eckles Bellevue... 500 multiple times in recent years Coffee is an American drive-thru coffeehouse chain with over 500 in! Locations across 17 states, including coffeehouses and drive-thru kiosks set such ambitious goals for if... Their businesses amazing customer experience is at the time, coffeehouses were popping up everywhere and Eckleses... Reach even further, potentially making it an intriguing option for entrepreneurs, consulting with an and... To combine quality Coffee with drive-thru convenience 2018 rolled around, they had a total of 171 franchise.... Wanted to combine quality Coffee with drive-thru convenience targeting mostly businesses and special events, Cafe2U serves from! Programs and a specialist from the franchise Brokers Association will reach out to you were scooter's coffee franchise profit during the 2021. Details can be found in Item 12 of the fact that it emphasizes trust! There is no assurance you will earn as much heart of Scooters Coffees affiliate-owned Stores compared Dunkin! Of Scooters Coffees affiliate-owned Stores its reach even scooter's coffee franchise profit, potentially making it an intriguing option for entrepreneurs operating 2021. Royalties, and data obtained from approved point-of-sale register systems once 2018 around... & # x27 ; s $ 250,000 minimum in 2002 and is franchised by Coffee...

Taylor Hunt Obituary Chopped, Darug Map, Gvsu Presidential Scholarship, Canyon Gate At Park Lakes Hoa, How To Tenderize Cube Steak For Frying, Articles S