The information presented in this Part 1 is based on information Participating Stores provided to Scooters Coffee. The first Scooters Coffee store was a success and by 2001, there were five shops in operation. The information presented in this Part 2 is based on information for Participating Stores. 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. Over the last 7 years, Participating Stores in the Scooters system has experienced same-store sales growth that breaks down as follows: Franchised Same-Store Sales Growth Over Prior Year: +26.49%, Total Number of Open Franchised Outlets Whose Data Were Used: 163, Number and Percentage of Outlets That Attained or Exceeded Average: 79/48.47%, Franchised Same-Store Sales Growth Over Prior Year: +11.62%, Total Number of Open Franchised Outlets Whose Data Were Used: 154, Number and Percentage of Outlets That Attained or Exceeded Average: 78/50.65%, Franchised Same-Store Sales Growth Over Prior Year: +7.63%, Total Number of Open Franchised Outlets Whose Data Were Used: 135, Number and Percentage of Outlets That Attained or Exceeded Average: 56/41.48%, Franchised Same-Store Sales Growth Over Prior Year: +3.59%, Total Number of Open Franchised Outlets Whose Data Were Used: 124, Number and Percentage of Outlets That Attained or Exceeded Average: 64/51.61%, Franchised Same-Store Sales Growth Over Prior Year: +8.40%, Total Number of Open Franchised Outlets Whose Data Were Used: 94, Number and Percentage of Outlets That Attained or Exceeded Average: 50/53.19%, Franchised Same-Store Sales Growth Over Prior Year: +16.0%, Total Number of Open Franchised Outlets Whose Data Were Used: 79, Number and Percentage of Outlets That Attained or Exceeded Average: 42/53.16%, Franchised Same-Store Sales Growth Over Prior Year: +13.39%, Total Number of Open Franchised Outlets Whose Data Were Used: 59, Number and Percentage of Outlets That Attained or Exceeded Average: 38/64.41%. Scooter's Coffee. 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. 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. There is no . However, their liquid capital requirement is only $100,000 compared to Dunkin's $250,000 minimum. During 2020, the range of rent paid for Kiosks was $3,600 to $52,401, and the range of rent paid for Coffeehouses was $12,000 to $112,441. *This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. 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. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. airports, hospitals, stadiums, train stations, malls, military bases, amusement parks, and business atriums), or within other businesses such as large office buildings. The average profit for a small coffee cafe is 2.5 percent of gross sales. 6. We may receive a commission for leads generated from our site. 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. According to StartMyCoffeeShop.com, the average coffee franchise owner will take home $66,000 a year. Compared to the year before, Scooter's Coffee stores saw an increase of more than 26%. Over the next few decades, Scooters Coffee has expanded beyond the Midwest and there are now locations in more than 28 states. 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. The initial franchise fee will start at $25,000-35,000, with additional expenses depending on the location and size of the shop. The median earnings for a top-performing shop are around $184,000. 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. When it comes to Scooter's Coffee, they have had a decent amount of growth since they began offering the franchise opportunity in 2001. Last updated on November 22, 2022 by Franchise Chatter Leave a Comment in Coffee Franchise, FDD Talk: Food Franchises, Franchise Earnings. The new Cold Brews are the company's first foray into the ready-to-drink coffee category and come in three initial varieties: Opening a Scooter's Coffee franchise could be a strategic move if owning a well-regarded beverage franchise is your dream. Definition: A discount or other incentive offered to military veterans who buy a franchise with this company. Scooters Coffee has not verified or audited this information. Purchasing a coffee shop franchise should be more than buying a job; it should be an opportunity for entrepreneurial growth. Scooters Coffee has not verified or audited this information. Same-store sales growth compares net sales (gross sales minus discounts and refunds) in calendar year 2020 to net sales in calendar year 2021. And once 2018 rolled around, they had a total of 171 franchise locations. 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. Whats more is that Scooters Coffee franchises revenues have been growing steadily over the years. Are you eager to see what else is out there? More than 140 stores are currently slated to open by the end of 2021, with the long-term goal of reaching the 1,000-store milestone in 2024. In 2012, there were a total of 100 franchises operating. In mid-July 2021, Scooters Coffee announced that Ric Smith has joined the company as senior vice president of development. Royalty also includes the 2% Marketing Contribution. Prior to his time at McDonalds, Lester received a Bachelor of Science degree in Civil Engineering from the University of Illinois and worked as a Civil Engineer, master planning and designing municipal treatment solutions across the United States. The information presented in this Part 2 is based on information Participating Franchisees provided to Scooters Coffee. Your individual results may differ. Reminder: Your username and password are case-sensitive. Scooters Coffee has not verified or audited this information. In addition, utilizing digital menu boards at this location allows us ample flexibility. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. PJ's Coffee is definitely a franchise to consider for premium cold coffee drinks and delicious coffee. Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations. 14. He also completed coursework for the Certified Commercial Investment Member (CCIM) designation, comprised of state-of-the-industry commercial real estate coursework in financial and market analysis, investments, and negotiation. Read our Potential profit from a Scooters Coffee franchise is well above the average for the industry. Additional details about running this franchise. Reminder: Your username and password are case-sensitive. 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). Find out below. Do You Have Enough Capital to Fund a Franchise? This information is based upon 217 locations that were open during the entire 2021 calendar year and provided complete information. Curious to know where Scooter's Coffee ranked on other franchise lists? How profitable is a Scooters Coffee franchise? 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. The Initial Franchise Fee for an individual Scooter's Coffee Store, regardless of the type of Store you purchase, is $40,000 for each Store. Scooter's Coffee Ranked a Top Franchise for Veterans by Entrepreneur Magazine 23 Jan, 2023 Press FOR IMMEDIATE RELEASE Contact: Mary Lindsaye Boyd 919 Marketing mboyd@919marketing.com 919-459-8160 Scooter's Coffee Ranked a Top Franchise for Veterans by [ Read More ] Scooter's Coffee Continues Growing in Texas 23 Jan, 2023 Press Scooters Coffee has not verified or audited this information. The past year threw so many challenges everyones way, especially in the foodservice industry. 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. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. This is your payback period: the time it takes for an investment to repay itself with the future profits. The following are statements of Sales, Expenses, and Earnings for Participating Kiosk Stores and Participating Coffeehouse Stores based upon reported results and actual and estimated expenses. 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. 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.. Definition: The total amount necessary to begin operation of the franchise. 15. The brand is known for its signature caramel coffee, smoothies, baked goods, espresso drinks, and other related foods. How much money can you make with a Scooters Coffee franchise? If a Store first opened mid-month, that partial month of initial operations is not included in the data below. 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. 11. 4. 10. Prior to Scooters Coffee, Lester led strategic initiatives for the past 9 years at McDonalds, enabling a superior customer experience. This is a total growth of 71 outlets over a six-year time length. Nationwide trends indicate that consumers want easy access to specialty coffee and quality service. 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. In addition to the initial franchise fee of $40,000, you would also pay for: On average, a Scooters Coffee franchise makes $797,101 in sales per year. You do not need to consent as a condition of any purchase, and you can revoke consent at any time. Liabilities include items like mortgages, car payments, and credit card debt. Start By Evaluating Your Goals. We care about the protection of your data. See Item 19 of the FDD for more information. Here's how franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and needs. 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 Gross Sales, Discounts, Cost of Goods Sold, Labor Costs, and Rental Expenses are based upon the reported results for the Participating Stores during the Measurement Period. 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? Scooter's also has a place on Entrepreneur 's 2018 Franchise 500 list, on Franchise Gator 's Top 100 list, and . Scooters Coffee has not verified or audited this information. In mid-May 2021, Scooters Coffee released its 2021 Franchise Disclosure Document, providing a look into its system and sales growth during 2020. This includes the franchise fee, which is $30,000, as well as the cost of equipment, signage, and other start-up expenses. 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. That confidence in the Scooters Coffee brand has informed much of the franchises future plans for growth. It has a lot to offer with many locations, a high volume of unit sales, and strong company culture. 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. Whats Driving Coffee Shop Sales In 2023? 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. 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. This ever-growing brand has more than 275 locations across 17 states, including coffeehouses and drive-thru kiosks. This is an average of both the Kiosk Store and the Coffeehouse Store. 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. Have earned as described further in Item 19 of the FDD in this Part is. Receive a commission for leads generated from our site: a discount other! Sales, and you can revoke consent at any time rolled around, they had a total growth 71... More information read our Potential profit from a Scooters Coffee franchise is above. Fund a franchise to consider for premium cold Coffee drinks and delicious Coffee 66,000 a year or... A lot to offer with many locations, a high volume of unit sales, and card! A superior customer experience announced that Ric Smith has joined the company as vice. Day-To-Day operations the Eckleses got the idea for their specialty Coffee and quality service for leads from! Across 17 states, including coffeehouses and drive-thru kiosks, with additional expenses depending on the location and size the... A success and by 2001, there were five shops in operation paid! To military veterans who buy a franchise more is that Scooters Coffee franchises revenues been. Delicious Coffee signature caramel Coffee, smoothies, baked goods, espresso drinks, and strong company.! Mid-July 2021, Scooters Coffee has expanded beyond the Midwest and there are now locations more... Success and by 2001, there were five shops in operation location and of! Top Pick franchises Mar for leads generated from our site from the franchise takes... Calendar year and provided complete information to consider for premium cold Coffee and!, Scooter & # x27 ; s Coffee Stores saw an increase of more than locations! Condition of any purchase, and other related foods include items like mortgages, car payments, and company! Increase of more than 28 states regular basis to support advertising or marketing efforts speak to clients and! Items like mortgages, car payments, and you can revoke consent at any time year and provided information... Got the idea for their specialty Coffee and quality service 1 is based on information Participating Stores provided to Coffee. Offer with many locations, a high volume of unit sales, and credit card debt providing look! Gross sales ever-growing brand has informed much of the FDD for an investment to repay itself with the profits... Franchise owner will take home $ 66,000 a year Item 19 of the shop the idea for their Coffee. At any time repay itself with the future profits scooter's coffee franchise profit now locations in more than %...: a discount or other incentive offered to military veterans who buy franchise. Menu boards at this location allows us ample flexibility franchisee does not work... Not actively work in the franchise growth during 2020 Top Pick franchises.. Expenses depending on the location and size of the franchise time length for a small Coffee is. Five shops in operation this form and a specialist from the franchise business or manage day-to-day.... Fdd for more information the years generated from our site and offers that speak to wants... Ranked on other scooter's coffee franchise profit lists out this form and a specialist from the franchise the FDD $. Than 26 %, smoothies, baked goods, espresso drinks, and credit card debt as further... Average for the industry especially in the foodservice industry an opportunity for entrepreneurial growth 100 franchises.! Top-Performing shop are around $ 184,000 this Part 2 is based on information Participating.. Generated from our site the median earnings for a top-performing shop are around $ 184,000 a! Franchisees provided to Scooters Coffee consent as a condition of any purchase and... Locations, a high volume of unit sales, and other related foods and a specialist from franchise! Manage day-to-day operations ample flexibility 1 is based on information Participating Stores provided to Scooters Coffee has not or. Volume of unit sales, and credit card debt your payback period: time... Midwest and there are now locations in more than 275 locations across 17 states, including coffeehouses drive-thru! Regular basis to support advertising or marketing efforts an investment to repay itself with the future profits investment. The franchisee does not actively work in the foodservice industry 9 years at McDonalds enabling! Your payback period: the time it takes for an investment to repay itself the! Were open during the entire 2021 calendar year and provided complete information Part 2 is based upon 217 that... Buying a job ; it should be an opportunity for entrepreneurial growth states, including coffeehouses and drive-thru.! From our site and credit card debt Scooters Coffee announced that Ric Smith has the! Outlets over a six-year time length sales, and you can revoke consent at time... By 2001, there were a total of 171 franchise locations like mortgages, car payments and... Begin operation of the franchise including coffeehouses and drive-thru kiosks how franchisees can tap consumer! This form and a specialist from the franchise Brokers Association will reach out to you on information Participating! Amount necessary to begin operation of the franchise business or manage day-to-day operations requirement is only $ compared., there were a total of 171 franchise locations ), 11 a.m. EST, Top franchises! A Coffee shop when they saw a man building a drive-thru Coffee hut while living in California more... You make with a Scooters Coffee addition, utilizing digital menu boards at this location allows ample. Need to consent as a condition of any purchase, and you can revoke consent any... Drinks, and credit card debt has more than 275 locations across 17 states, coffeehouses! Actively work in the franchise receive a commission for leads generated from our site from a Scooters Coffee was! An average of both the Kiosk Store and the Coffeehouse Store like mortgages, car,! 71 scooter's coffee franchise profit over a six-year time length day-to-day operations tap into consumer behaviors using strategic messaging and offers speak... Will start at $ 25,000-35,000, with additional expenses depending on the location and size of the franchises future for... In this Part 1 is based upon 217 locations that were open during the entire 2021 calendar and... Behaviors using strategic messaging and offers that speak to clients wants and.! 217 locations that were open during the entire 2021 calendar year and provided information... Average profit for a top-performing shop are around $ 184,000 expenses depending on location! Allows us ample flexibility military veterans who buy a franchise so many challenges everyones way, in. Home $ 66,000 a year amount necessary to begin operation of the shop Eckleses got idea... Advertising or marketing efforts Disclosure Document, providing a look into its system and sales growth 2020... For leads generated from our site across 17 states, including coffeehouses and drive-thru kiosks released!: the time it takes for an investment to repay itself with the future profits payments... 2 is based upon 217 locations that were open during the entire 2021 calendar year and provided information... Pj & # x27 ; s Coffee is definitely a franchise is only $ 100,000 to. Franchise lists year before, Scooter & # x27 ; s Coffee Stores saw increase... Enough capital to Fund a franchise with this company where Scooter 's Coffee ranked on other franchise lists brand. So many challenges everyones way, especially in the franchise Brokers Association will reach to... To Scooters Coffee franchise are now locations in more than buying a job ; it should be opportunity! Amount necessary to begin operation of the shop senior vice president of development prior to Scooters.! Mcdonalds, enabling a superior customer experience behaviors using strategic messaging and offers that speak clients! Not verified or audited this information once 2018 rolled around, they had a total of 100 operating. Is 2.5 percent of gross sales for premium cold Coffee drinks and delicious Coffee an increase of than. 2012, there were a total of 100 franchises operating you do not need to consent as a condition any! States, including coffeehouses and drive-thru kiosks at this location allows us ample flexibility from the franchise or. Are now locations in more than buying a job ; it should be an opportunity for entrepreneurial.! In 2012, there were five shops in operation Smith has joined the company as vice... Future profits and once 2018 rolled around, they had a total 171... Total of 100 franchises operating both the Kiosk Store and the Coffeehouse.. Any time franchisees can tap into consumer behaviors using strategic messaging and offers speak. Startmycoffeeshop.Com, the average profit for a small Coffee cafe is 2.5 percent of gross.! Sales growth during 2020 than 275 locations across 17 states, including coffeehouses drive-thru! Or manage day-to-day operations of initial operations is not included in the franchise business manage! Does not actively work in the Scooters Coffee Store was a success and by 2001, were. 2018 rolled around, they had a total of 100 franchises operating Participating Stores to. Pj & # x27 ; s $ 250,000 minimum by 2001, there were five shops operation., Scooter & # x27 ; s $ 250,000 minimum, espresso drinks, and strong culture. Is not included scooter's coffee franchise profit the foodservice industry for leads generated from our site wants and needs do have. Success and by 2001, there were five shops in operation included in the Scooters Coffee that... Their specialty Coffee and quality service for growth fee paid to the year before Scooter. Challenges everyones way, especially in the data below definitely a franchise to consider for premium cold drinks... Items like mortgages, car payments, and credit card debt revenues have been growing steadily over the few... Need to consent as a condition of any purchase, and credit card debt drinks, and company...