There were 189 Kiosk and 77 Coffeehouse franchised Stores open and operating as of December 31, 2020. For a number of good reasons, many entrepreneurs opt to buy a franchise of a successful coffee concept rather than open as an independent. That confidence in the Scooters Coffee brand has informed much of the franchises future plans for growth. Classic Tumbler, White. Scooter's Coffee is an American chain of coffee stores specializing in quick service of espresso drinks, smoothies, and baked goods founded in 1998 and has grown to about 250 stores in the United States. Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 96/52%, 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: 50/50%, Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 43/51%, Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 35/45%, Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 32/43%, Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 29/47%, Number and Percentage That Attained or Exceeded (or Did Better Than) the Average: 28/52%. That's right, Cafe2U is coffee on wheels. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. And once 2018 rolled around, they had a total of 171 franchise locations. Your individual results may differ. There is no assurance that you will sell or earn as much. Heyman will advance Scooters Coffees technology-enabled processes to provide secure and scalable IT solutions that will fuel franchise support and growth. This role builds and leads a friendly, service-oriented barista team, sets a high-energy work pace, drives sales, increases profit, and demonstrates an engaged . 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. The median earnings for a top-performing shop are around $184,000. Is this a profitable business? The Store Manager exemplifies Scooter's Coffee . Curious to know where Scooter's Coffee ranked on other franchise lists? You also agree to our Privacy Policy. 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. The sales number is the annual median sales of 358 franchised restaurants operating in 2021. The information presented in this Part 1 is based on information Participating Stores provided to Scooters Coffee. 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%. The term Average Customer Ticket means the total amount of Gross Sales during the Measurement Period, divided by the total amount of customer transactions. The initial franchise fee will start at $25,000-35,000, with additional expenses depending on the location and size of the shop. Scooter's Coffee (kiosk store) franchise costs, based on Item 7 of the company's 2022 FDD: Initial Franchise Fee: $40,000 Initial Opening Support Fee: $15,000 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) Last updated on August 29, 2022 by Franchise Chatter Leave a Comment in Coffee Franchise, FDD Talk: Food Franchises, Franchise Earnings. 16. For example, a Kiosk Store makes slightly less revenue than a Coffeehouse Store. 9. 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%. 14. 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. In Scooters Coffees experience, Overhead expense is an average of $30,000 for Kiosk Stores and $36,000 for Coffeehouse Stores, and it has used these figures in calculating the Estimated Overhead expenses in the above charts. 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. 6. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. There were 275 Kiosk and 83 Coffeehouse franchised Stores open and operating as of December 31, 2021. The amount included in the table assumes that each Participating Store will comply with the requirements in the Franchise Agreement. DESCRIPTION: The Store Manager is responsible for all staffing, sales, and operations in a Scooter's Coffee location. 3. The amount included in the table assumes that each Participating Store will comply with the requirements in the Franchise Agreement. Download the Scooters Coffee franchise business plan, Updated with Franchise Disclosure Document. 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? According to Career Bliss, a Dunkin Donuts franchisee tops out at around $124,000 a year, with the lowest-paid franchise owners earning $23,000. Start By Evaluating Your Goals. 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. The information presented in this Part 1 is based on information Participating Stores provided to Scooters Coffee. Your email address will not be published. In working across the retail spectrum, he brought a business focus to IT, making it a value-driver that resulted in significant growth for organizations. To help celebrate this amazing day in Scooters Coffees franchise history, the Katy location debuted Scooters Coffees latest technologies and processes. As the senior vice president of development, Smiths experience and leadership will help underscore the companys commitment to achieving growth goals while providing innovative ways for customers to get amazing drinks, amazingly fast. 14. As part of your due diligence, you may want to speak to existing franchisees and ask the Scooter's Coffee franchising team questions. Scooter's Coffee has the franchise fee of up to $40,000, with total initial investment range of $794,000 - $1,264,500. Scooter's also has a place on Entrepreneur 's 2018 Franchise 500 list, on Franchise Gator 's Top 100 list, and . Catch up on the latest franchise news, trends, and more. The term Earnings Before Depreciation, Interest, Taxes, and Debt Service 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. To create an amazing experience for each life we touch. 9. 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. Reminder: Your username and password are case-sensitive. For each year, Scooters only included franchised Kiosk and Coffeehouse Stores that remained open and operating as of December 31, 2020. The same-store sales growth figures below show the change in the Net Sales (as defined above) earned by Participating Stores during the 2019-2020 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). Here's how franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and needs. 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. Diving deeper into the same-store sales growth figures, stores built around the drive-thru kiosk model experienced 31% growth. 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. Boundless Enterprises, a Nebraska-based LLC, serves as the parent company for Scooter's. Net Sales are measured by taking Gross Sales and subtracting customer discounts and refunds to customers. 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. Detailed Information on Scooter's Coffee's Initial Franchise Fee, Royalty Fee + 22 Other Fees (Items 5 and 6, 2022 FDD) 1. 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: +24.32%, Total Number of Open Franchised Outlets Whose Data Were Used: 217, Number and Percentage of Outlets That Attained or Exceeded Average: 112/51.61%, 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%. 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