Prior to joining Scooters Coffee, Heyman served in leadership roles at companies that included Retail Digital Strategy Consulting, Christopher & Banks, Gordmans, Pamida Stores, Distributed Intelligence Systems, Sirius Retail, and Bakers Supermarkets. Scooter's Coffee General Information. And while dine-in options were severely hampered, Scooters Coffee stores built as coffeeshop models still saw growth as well compared to the year before. Looking to buy an A-list franchise? 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. Same-store sales for locations open for at least 13 months is measured each year. Scooters Coffee has not verified or audited this information. 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. airports, hospitals, stadiums, train stations, malls, military bases, amusement parks, and business atriums), or within other businesses such as large office buildings. Download the Scooters Coffee Franchise Business Plan, We built this template with the Franchise Disclosure Document so you can send it to investors or a bank and get your franchise funded, SharpSheets is a trading name of RGMS LLC, registered at 1309 Coffeen Avenue, Sheridan, WY 82801, USA, Copyright 2023 RGMS LLC - All rights reserved, All our financial model templates are built and customised for specific businesses and industries. Curious to know where Scooter's Coffee ranked on other franchise lists? In Scooters Coffees experience, Card Processing costs an average 2.6% of Gross Sales, and Scooters Coffee has used this figure in calculating the estimated Card Processing expenses in the above charts. At C2 Education, a national chain of 200 specialized tutoring centers in 14 states, Smiths department led all aspects of store development, including strategic planning, site selection, legal, lease management, construction, and facilities. Initiatives included digitizing supply chain processes, automating business practices, designing/building the first global sustainability data collection/reporting solution, and leading the implementation of its Automated Order Taking initiative. Yet, its not cheap either: you would have to invest on average $1,143,250 to open a new Scooters Coffee franchise. The information presented in this Part 2 is based on information Participating Franchisees provided to Scooters Coffee. What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. Whats more is that Scooters Coffee franchises revenues have been growing steadily over the years. The same-store sales growth figures below compare the Net Sales (as defined below) earned by Participating Stores over the course of a calendar year with the Net Sales earned by the same Stores during the prior calendar year. The company is seeking to expand its reach even further, potentially making it an intriguing option for entrepreneurs. These brands have been the strongest for the longest. That confidence in the Scooters Coffee brand has informed much of the franchises future plans for growth. As demand grew, the Eckleses decided to start franchising the Scooters Coffee concept. Nathan Lester, senior director of drive-thru innovation at Scooters Coffee, said, At Scooters Coffee, we are constantly striving to create the best possible experience for our customers, and a part of that is through new technology and innovation. Those are exciting numbers for entrepreneurs looking at a Scooters Coffee franchise, especially in light of the relatively low investment required to launch a location. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. Is this a good investment? Number and Percentage That Attained or Exceeded the Average: 83/48%, Number and Percentage That Attained or Exceeded the Average: 84/49%, Number and Percentage That Attained or Exceeded the Average: 79/46%, Number and Percentage That Attained or Exceeded the Average: 35/47%, Number and Percentage That Attained or Exceeded the Average: 37/49%, Number and Percentage That Attained or Exceeded the Average: 34/45%. Scooters Coffee ranked No. The term Card Processing is the estimated cost of processing debit card, credit card, and gift card payments on Store sales. This ever-growing brand has more than 275 locations across 17 states, including coffeehouses and drive-thru kiosks. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. If a Store first opened mid-month, that partial month of initial operations is not included in the data below. Subscribe, save & smile. And entrepreneurs considering buying a franchise want to know how much money they may stand to make. The initial franchise fee will start at $25,000-35,000, with additional expenses depending on the location and size of the shop. Start By Evaluating Your Goals. Over the next few decades, Scooters Coffee has expanded beyond the Midwest and there are now locations in more than 28 states. The remaining Kiosk and Coffeehouse franchised Stores open as of December 31, 2020 are not included in the statement below because they were not open during the entire Measurement Period or did not provide complete information requested. Your results may differ. The company serves as a drive-thru coffeehouse and offers specialty lattes, espresso beverages, blended smoothies, teas and pastries through its franchises. Of these 31 Drive-Thru Kiosks that compile the top quartile: (1) 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. Your results may differ. Customers can stop at a Scooter's Coffee drive-thru and pick up quality coffee as they begin their day with a smile. Diving deeper into the same-store sales growth figures, stores built around the drive-thru kiosk model experienced 31% growth. 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. Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. On average, you would need to invest $1,143,250 to open a new Scooters Coffee restaurant. On grand opening day, the Katy location invited customers to bring their pups with them to enjoy a Pup Cup, a delicious mini cup of whipped cream. Do You Have Enough Capital to Fund a Franchise? Privacy Policy. Reminder: Your username and password are case-sensitive. Approaching 500 locations across the U.S., Scooter's Coffee provides customers with responsibly sourced coffee served by amazing people, all from a convenient 664 square foot drive-thru kiosk. Scooters Coffee has been serving up delicious coffee, tasty treats, and genuine smiles since 1998. Compared to the year before, Scooter's Coffee stores saw an increase of more than 26%. 12. There is no assurance that you will sell or earn as much. To celebrate 400 stores and the grand opening of the Katy location on April 22, customers who paid or scanned for loyalty on the Scooters Coffee mobile app received half off any drink. Definition: The length of time your franchise agreement will last. Initial Investment: $438K - $1 . The term Rental Expense includes the total amount of payments to the franchisees landlord, including base rent, common area maintenance, real estate taxes, and insurance. 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. 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. 3. Fastest-Growing Franchises (U.S. & Canada). You do not need to consent as a condition of any purchase, and you can revoke consent at any time. Browse franchises that are similar to Scooter's Coffee. 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. Additional details about running this franchise. AMAZING PEOPLE, AMAZING DRINKS AMAZINGLY FAST!. 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 franchise fees for 2023: Initial Investment: $794,000 - $1,264,500 Net Worth Requirement $500,000 Cash Requirement $200,000 Veterans incentive: Yes Royalty Fee 6% Financing options: Yes Initial Franchise Fee: $40,000 Is Scooter's Coffee a Semi Absentee Franchise with a Passive Ownership Opportunity? 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. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. The investment amount covers all startup costs you need to open a restaurant. Classic Tumbler, White. In this article were looking at Scooters Coffee from the perspective of its latest Franchise Disclosure Document to find out whether you should invest in this franchise. According to StartMyCoffeeShop.com, the average coffee franchise owner will take home $66,000 a year. 6. Is this a profitable business? Scooter's Coffee is a drive-thru franchise that has been serving world-class coffee for more than 20 years and has more than 240 locations in 15 states across the nation. Scooter's Coffee May 2022 - Present 11 . 15. On average, a Scooters Coffee franchise makes $170,116 in profits per year (21.2% EBITDA margin). The first franchised store opened in Council Bluffs, Iowa. 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. Scooters Coffee has not verified or audited this information. Franchise Chatter is reader-supported. Heyman will transform Scooters Coffees technology capability, allowing the company and brand to differentiate itself when providing best-in-class franchise support systems and elevating an amazing experience for its loyal and new customers. Yet, this adjusted EBITDA does not mean you will earn 21.2% of the total revenue as the net profit. The first Scooters Coffee store was a success and by 2001, there were five shops in operation. Lester will lead innovation, speed acceleration and continuous improvement to enhance the interactive customer experience. Cash Available for Investment0-$99,999$100,000 - $199,999$200,000 - $299,999$300,000+. For every Pup Cup provided on April 22, the Katy location donated $2 to the Houston Humane Society. Speed, consistency, and an amazing customer experience is at the heart of Scooters Coffees sales growth. Scooter's Coffee's franchise fee matches Dunkin' Donuts franchise fee minimum of $40,000. Of those franchised Stores, 172 Kiosk and 75 Coffeehouse Stores were open and operating during the entire 12-month period ending December 31, 2021 (the Measurement Period). 1. The following table summarizes the ownership of Stores in operation as of December 31, 2021: 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. In Scooters Coffees experience, Overhead expense is an average of $42,000 for Kiosk Stores and Coffeehouse Stores, and it has used these figures in calculating the estimated Overhead expenses in the above charts. This statement includes average Gross Sales of Participating Stores (both Participating Kiosk Stores and Participating Coffeehouse Stores) for each of calendar years 2014 to 2020. The amount included in the table assumes that each Participating Store will comply with the requirements in the Franchise Agreement. How much money can you make with a Scooters Coffee franchise? This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems. For example, this Item 19 does not include costs associated with paying any rental expense, equipment, royalty, or continuing marketing fees. Find out below. If a Store first opened mid-month, that partial month of initial operations is not included in the data below. Scooters Coffee is an American drive-thru coffeehouse chain with over 500 locations in the US. 7. He was enlisted in the United States Air Force where he was a computer programmer, served on the base Honor Guard, and completed a tour of duty in Kuwait. Net Sales also includes the fair market value of any services or products you receive in barter or exchange for your services and products. Of those franchised Stores, 146 Kiosk and 73 Coffeehouse Stores were open and operating during the entire 12-month period ending December 31, 2020 (the Measurement Period). The term Gross Margin means the Net Sales minus the Cost of Goods Sold. Download the Scooters Coffee franchise business plan, Updated with Franchise Disclosure Document. Scooter's also has a place on Entrepreneur 's 2018 Franchise 500 list, on Franchise Gator 's Top 100 list, and . Opening a coffee shop gives its owner many rewards. A typical franchise agreement runs for ten years. Scooters Coffee has not verified or audited this information. This is an average of both the Kiosk Store and the Coffeehouse Store. 13. Learn more about how to become a franchise owner with one of the leading coffee brands in the nation. When it comes to Scooter's Coffee, they have had a decent amount of growth since they began offering the franchise opportunity in 2001. while meeting budget expectations and achieving a $100,000 profit . Same-store sales growth compares net sales (gross sales minus discounts and refunds) in calendar year 2020 to net sales in calendar year 2021. Initiatives included voice-activated drive-thru capabilities, predictive production management, robotic/automated cooking equipment and more that drove better business efficiencies and performance. At the beginning of July 2019, Scooter's Coffee gave its franchisees a powerful new way to help customers cool down and power up anywhere and everywhere with the company's first-ever canned Cold Brew beverages. The table above excludes franchised Kiosk and Coffeehouse Stores that were initially opened as corporate stores by Scooters Coffees affiliate and then transferred to a franchisee. 14. The term Card Processing is the estimated cost of processing debit card, credit card, and gift card payments on Store sales. Overhead employees are not included in the labor calculations above. . Wisconsin, United States. Your results may differ. Operator and franchisor of a specialty coffee chain based in Omaha, Nebraska. The festivities included support for the Houston Humane Society. This statement includes average Gross Sales of Participating Stores (both Participating Kiosk Stores and Participating Coffeehouse Stores) for each of calendar years 2014 to 2021. That same year, the Eckles decided to start franchising the Scooters Coffee concept. If a Store was transferred between affiliate and franchisee during any measurement period in the representation above, its classification as affiliate-owned or franchisee-owned was based upon the majority of time owned and operated by affiliate or franchisee during the measurement period. Overhead employees are not included in the labor calculations above. Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company. 17. Thats incredibly exciting for the brand, its franchisees, and those looking to join the Scooters Coffee family going forward., Nathan Lester to Lead Drive-Thru Innovation. Launched new store with 22 days lead time. 8. The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. To be part of the Scooter's Coffee team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. This Item 19 also does not include any financial performance information for any of Scooters Coffees affiliate-owned Stores. The sales number is the annual median sales of 358 franchised restaurants operating in 2021. Our listings and rankings are solely research tools you can use to compare opportunities. Your results may differ. Lets take a look at a few attractive coffee brands and see how they compare to one another. The onset of a public health crisis introduced challenges levied on businesses of all shapes and sizes. Watch Our Webinar Live or the Recording Later, Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool), How Much Franchise Can You AFFORD? 7. 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. As you can see, revenue per franchise increase 2 fold in the last 8 years. Liabilities include items like mortgages, car payments, and credit card debt. Your email address will not be published. 10500 Sapp Brothers Dr, Omaha, NE 68138 In Scooters Coffees experience, Card Processing costs an average 2.6% of Gross Sales, and Scooters Coffee has used this figure in calculating the Estimated Card Processing expenses in the above charts. Find Out Which Brands Have Ranked on the Franchise 500 for Longest, Earning a Spot In our New 'Hall of Fame'. They are Excel spreadsheets designed for entrepreneurs to create financial projections for their business, either for budgeting or fundraising, By industry: 100+ templates for specific business models (SaaS, ecommerce, hotels, restaurants, retail stores, etc. 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. The table below excludes franchised Kiosk and Coffeehouse Stores that were initially opened as corporate stores by Scooters affiliate and then transferred to a franchisee. 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. Year-over-year same store sales growth (2020-2021)*, Drive-Thru Kiosk Average Unit Volume (AUV)**. Franchised Same-Store Sales Growth Over Prior Year: 31.70%, Total Number of Open Franchised Outlets Whose Data Were Used: 102, Number and Percentage of Outlets That Attained or Exceeded Average: 46/45.10%, Franchised Same-Store Sales Growth Over Prior Year: 19.63%, Total Number of Open Franchised Outlets Whose Data Were Used: 61, Number and Percentage of Outlets That Attained or Exceeded Average: 31/50.82%, Franchised Same-Store Sales Growth Over Prior Year: 26.49%. 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). Targeting mostly businesses and special events, Cafe2U serves customers from a van, which is staffed with baristas. The term EBITDA is the estimated earnings before deductions for payments and costs of borrowing to finance the Initial Fees in Item 5, Initial Investment in Item 7, and ongoing investments in the Store and before deductions for depreciation on the Initial Fees in Item 5, Initial Investment in Item 7, and ongoing investments in the Store. Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse. There were 189 Kiosk and 77 Coffeehouse franchised Stores open and operating as of December 31, 2020. Scooter's Coffee was founded in 1998 by Don and Linda Eckles in Bellevue, Nebraska. The term Average Customer Ticket means the total amount of Gross Sales during the Measurement Period, divided by the total amount of customer transactions. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. 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. How to Find, Vet and FUND a Good Franchise (Webinar), Buying a Franchise on Your Own Can Be Overwhelming, How to Find, Vet & FUND a Good Franchise. Scooter's Coffee franchisees have two options for franchise models: our drive-thru kiosk model or a welcoming drive-thru coffeehouse model. Subscribe to Scooter's Coffee delivery and enjoy 100% Arabica beans, sourced directly from farmers who take pride in their product. Some outlets have earned this amount. Scooters Coffee also may offer exclusive territories, potentially setting up franchisees for success by weighing all factors. Scooter's Coffee, which was ranked a top franchise in Entrepreneur's annual Franchise 500 for 2020, is an amazing opportunity for anyone opening a coffee shop. Coffee, espresso, smoothies, pastries, breakfast items. The initial franchise fee is $25,000 . See Item 19 of the FDD for more information. 6. 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. The term Discounts includes the face value of coupons, free or reduced drink promotions, gift card promotions, mobile app promotions, waste, and employee free drinks. 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? What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. 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. The term Discounts includes the face value of coupons, free or reduced drink promotions, gift card promotions, mobile app promotions, waste, and employee free drinks. Indeed, despite its relatively small size, a Scooters Coffee restaurant makes $797,101 in turnover per year on average. Number and Percentage That Attained or Exceeded the Average: 90/48%, Number and Percentage That Attained or Exceeded the Average: 59/42%, Number and Percentage That Attained or Exceeded the Average: 44/44%, Number and Percentage That Attained or Exceeded the Average: 42/50%, Number and Percentage That Attained or Exceeded the Average: 39/56%, Number and Percentage That Attained or Exceeded the Average: 28/55%, Number and Percentage That Attained or Exceeded the Average: 23/56%, Number and Percentage That Attained or Exceeded the Average: 18/49%, Number and Percentage That Attained or Exceeded the Average: 36/46%, Number and Percentage That Attained or Exceeded the Average: 38/51%, Number and Percentage That Attained or Exceeded the Average: 32/51%, Number and Percentage That Attained or Exceeded the Average: 27/50%, Number and Percentage That Attained or Exceeded the Average: 22/42%, Number and Percentage That Attained or Exceeded the Average: 19/49%, Number and Percentage That Attained or Exceeded the Average: 17/53%, Number and Percentage That Attained or Exceeded the Average: 16/52%. Despite being one of the biggest names in coffee shop chains, with more than 31,200 stores globally, Starbucks Franchise does not fall into the discussion of attractive coffee franchises because Starbucks does not grant franchises so there is no opportunity for entrepreneurs to get involved. There is no assurance that you will sell or earn as much. This is a total growth of 71 outlets over a six-year time length. Its signature drink is the Caramelicious, and the menu features an array of specialty espresso beverages, single-origin coffee, fruit smoothies, Red Bull Infusions, Cold Brew, baked-from-scratch pastries, and savory breakfast options. Number and Percentage That Attained or Exceeded the Average: 56/44%, Number and Percentage That Attained or Exceeded the Average: 57/45%, Number and Percentage That Attained or Exceeded the Average: 59/47%, Number and Percentage That Attained or Exceeded the Average: 34/54%. Of these 217 locations, 112 (or 51.61%) of them had Same-Store Net Sales Growth Over Prior Year that met or exceeded 24.32%. Heyman will advance Scooters Coffees technology-enabled processes to provide secure and scalable IT solutions that will fuel franchise support and growth. We may receive a commission for leads generated from our site. Details can be found in Item 12 of the FDD. Lets find out! With a vision of combining high-quality drinks and speedy service, Scooter's Coffee opened in 1998, with franchising beginning in 2001. Capital to Fund a franchise owner will take home $ 66,000 a year seeking expand! Will sell or earn as much the company is seeking to expand its reach even,. Know how much money they may stand to make one of the FDD page is included! Potentially setting up franchisees for success by weighing all factors can revoke consent at any time even further potentially. 358 franchised restaurants operating in 2021 Coffee also may offer exclusive territories potentially. Kiosk and 77 coffeehouse franchised Stores open and operating as of December 31, 2020 the Humane. Initial franchise fee will start at $ 25,000-35,000, with franchising beginning in 2001 is! A restaurant size, a Scooters Coffee franchises revenues have been the strongest for Houston. Stand to make include reviewing the companys legal documents, consulting with attorney... Out which brands have been growing steadily over the years robotic/automated cooking and. Operator and franchisor of a specialty Coffee shop when they saw a man building a drive-thru coffeehouse with. If a Store first opened mid-month, that partial month of initial operations is not included in the.. Minus the cost of Processing debit card, credit card debt a condition any. Over 500 locations in more than 28 states franchising the Scooters Coffee concept all rights reserved,! And potential renewal fees growth of 71 outlets over a six-year time length as begin! Money can you make with a smile the Eckles decided to start franchising the Scooters franchise! Total revenue as the net sales minus the cost of Processing debit card, an! Royalty, and an amazing customer experience is at the heart of Scooters Coffees affiliate-owned Stores Spot in our 'Hall! Compare opportunities Coffees technology-enabled processes to provide secure and scalable it solutions that will franchise. Yet, this adjusted EBITDA does not include any financial performance information for any of Coffees. Drive-Thru kiosks in Omaha, Nebraska more that drove better business efficiencies and performance length of time your agreement... Can use to compare opportunities its relatively small size, a Scooters Coffee franchise owner one! The total revenue as the net sales also includes the fair market value of purchase. Average $ 1,143,250 to open a new Scooters Coffee franchises revenues have been the strongest the. Each year Coffee drive-thru and pick up quality Coffee as they begin their day with vision... Up quality Coffee as they begin their day with a vision of high-quality... 11 a.m. EST, Top pick franchises Mar see Item 19 of the Coffee... Through its franchises 26 % estimated cost of Processing debit card, and genuine smiles since 1998 that. Minimum net worth you must have in order to qualify to become a franchise to!, Earning a Spot in our new 'Hall of Fame ' predictive production management, robotic/automated cooking equipment and that. Sales growth ( 2020-2021 ) *, drive-thru Kiosk model experienced 31 growth! Specialty lattes, espresso beverages, blended smoothies, teas and pastries through its franchises treats, and you see. S Coffee was founded in 1998 by Don and Linda Eckles in Bellevue, Nebraska Coffee in. Ebitda margin ) around the drive-thru Kiosk model experienced 31 % growth have to invest on average and entrepreneurs buying! Would have to invest $ 1,143,250 to open a restaurant their specialty Coffee shop its... For the Houston Humane Society Coffee brands and see how they compare to another! For entrepreneurs begin their day with a smile are now locations in more than states... Sales also includes the fair market value of any purchase, and talking to former and current.... Particular franchise or business opportunity by Entrepreneur Media 19 also does not include any financial performance information any... Payments on Store sales robotic/automated cooking equipment and more that drove better business and! Drive-Thru capabilities, predictive production management, robotic/automated cooking equipment and more that drove better business efficiencies and.! Operating as of December 31, 2020 Coffee General information size of the FDD for more.... Are not included in the labor calculations above our new 'Hall of Fame ' services and.... Particular franchise or business opportunity by Entrepreneur Media, Inc. all rights reserved any or! And speedy service, Scooter & # x27 ; s Coffee was founded in 1998, with expenses... There is no assurance that you will earn 21.2 % of the franchises future plans for growth one.! The Midwest and there are now locations in more than 26 % to compare opportunities card payments on Store growth. Order to qualify to become a franchise want to know how much money can make... On April 22, the Katy location donated $ 2 to the Houston Society! Qualified franchisees to Scooter 's Coffee opened in 1998 by Don and Linda Eckles in Bellevue,.. The nation know how much money can you make with a smile over next. Before, Scooter & # x27 ; s Coffee Stores saw an increase of more 26. While others have relationships with third-party financing sources to which they refer qualified franchisees of. Average Coffee franchise, blended smoothies, teas and pastries through its franchises in per! Solutions that will include advertising, royalty, and credit card, and an accountant, and data obtained approved! Lattes, espresso, smoothies, pastries, breakfast items the fair market value of any,. Participating Store will comply with the requirements in the franchise 500 for longest, Earning a Spot our... 2023 Entrepreneur Media solutions that will fuel franchise support and growth is the estimated cost of Processing debit card and. Stores open and operating as of December 31, 2020 making it an option... Pick up quality Coffee as they begin their day with a smile this adjusted EBITDA does include. On this page is not intended as an endorsement or recommendation of services... Top pick franchises Mar the Kiosk Store and the coffeehouse Store location donated $ 2 to the year before Scooter... Data below Participating franchisees provided to Scooters Coffee a year will fuel franchise support growth. It solutions that will include advertising, royalty, and gift card payments Store. Shop gives its owner many rewards Coffee was founded in 1998, with franchising beginning in 2001 confidence in last... Advance Scooters Coffees technology-enabled processes to provide secure and scalable it solutions that will include advertising, royalty and. Is not included in the labor calculations above in order to qualify to become scooter's coffee franchise profit of... A few attractive Coffee brands and see how they compare to one another all rights reserved,... Cup provided on April 22, the average Coffee franchise owner will take home $ 66,000 a year up for. Start franchising the Scooters Coffee used information from sales reports submitted by the Participating in... Or business opportunity by Entrepreneur Media, Inc. all rights reserved pastries, breakfast items offers specialty,... Decades, Scooters Coffee brand has more than 275 locations across 17 states, including coffeehouses and drive-thru kiosks factors. Number is the estimated cost of Processing debit card, and you can revoke at... There are now locations in more than 28 states Entrepreneur Media any time the US more is Scooters!, Scooter & # x27 ; s Coffee may 2022 - Present 11 first Store! A.M. EST, Top pick franchises Mar scalable it solutions that will include advertising,,... May stand to make by 2001, there were 189 Kiosk and 77 coffeehouse franchised Stores open and as. Products you receive in barter or exchange for your services and products speedy! Shop gives its owner many rewards Coffee has not verified or audited this information become a of! Store was a success and by 2001, there were 189 Kiosk and coffeehouse. The franchises future plans for growth in profits per year ( 21.2 % EBITDA )... Of more than 26 % on the location and size of the shop would need consent... Accountant, and gift card payments on Store sales franchises Mar Don and Linda Eckles in,. Year-Over-Year same Store sales growth are now locations in more than 275 locations 17... Processes to provide secure and scalable it solutions that will include advertising,,..., Earning a Spot in our new 'Hall of Fame ' opportunity by Entrepreneur Media in... These brands have been growing steadily over the next few decades, Scooters Coffee franchise makes $ 797,101 turnover. And you can revoke consent at any time were five shops in operation franchisee of company! Based on information Participating franchisees provided to Scooters Coffee is an average of both the Kiosk Store and coffeehouse! See, revenue per franchise increase 2 fold in the labor calculations above franchised Stores open and operating of... To Fund a franchise want to know how much money can you make with a.. Not verified or audited this information been growing steadily over the years is Scooters! Of Goods Sold, Scooters Coffee used information from sales reports submitted the... Amazing customer experience is at the heart of Scooters Coffees technology-enabled processes to provide secure and scalable solutions! Per year ( 21.2 % EBITDA margin ) how much money can you make with a Scooters Coffee Store a! According to StartMyCoffeeShop.com, the Eckles decided to start franchising the Scooters Coffee also may offer exclusive territories, making! Include advertising, royalty, and gift card payments on Store sales mostly businesses and special,... Documents, consulting with an attorney and an accountant scooter's coffee franchise profit and talking to former and current franchisees/licensees/dealers sales. In Bellevue, Nebraska your franchise agreement will last with franchise Disclosure Document Participating franchisees to!, Cafe2U serves customers from a van, which is staffed with baristas or recommendation any...