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. Scooter's Coffee may offer a starting point and a brand built on outstanding performance. Scooters Coffee has not verified or audited this information. 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. In mid-July 2021, Scooters Coffee announced that Ric Smith has joined the company as senior vice president of development. 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: 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%. Visit OwnAScooters.com today to learn more about joining the Scooters team and making your dreams a reality. The amount included in the table assumes that each Participating Store will comply with the requirements in the Franchise Agreement. 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? 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 app is available for download on the App Store or Google Play. This statement includes average customer ticket sales of Kiosk and Coffeehouse franchised Stores that were open during the entire 12-month period ending December 31, 2020 (the Measurement Period) and that provided complete information Scooters Coffee requested respecting such costs. Scooters Coffee continues to grow rapidly while it strives to provide the best customer drive-thru interaction in the world. The 29% adjusted EBITDA margin is on the higher end compared to similar franchises as per our intelligence (~25-27% industry average). Heyman will advance Scooters Coffees technology-enabled processes to provide secure and scalable IT solutions that will fuel franchise support and growth. Browse franchises that are similar to Scooter's Coffee. 18. 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. That confidence in the Scooters Coffee brand has informed much of the franchises future plans for growth. There is no assurance that you will sell or earn as much. **This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. *This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. 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. The initial investment for a Scooter's Coffee franchise is $120,000. 5. The past year threw so many challenges everyones way, especially in the foodservice industry. 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. To create an amazing experience for each life we touch. Scooter's Coffee has the franchise fee of up to $40,000, with total initial investment range of $794,000 - $1,264,500. The average profit for a small coffee cafe is 2.5 percent of gross sales. The company is seeking to expand its reach even further, potentially making it an intriguing option for entrepreneurs. As part of your due diligence, you may want to speak to existing franchisees and ask the Scooter's Coffee franchising team questions. 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. Required fields are marked *, Previous post: FDD Talk: Premier Martial Arts Franchise Costs, Fees, Average Revenues and/or Profits (2022 Review), Next post: FDD Talk: CycleBar Franchise Costs, Fees, Average Revenues and/or Profits (2022 Review), Is Franchising a Path for You? **This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. https://sharpsheets.io/blog/chick-fil-a-franchise-costs-profits/, https://sharpsheets.io/blog/dunkin-donuts-franchise-costs-profits/, https://sharpsheets.io/blog/dominos-franchise-profits-costs/, https://sharpsheets.io/blog/krispy-kreme-franchise-costs-profits/, https://sharpsheets.io/blog/little-caesars-franchise-costs-profits/, https://sharpsheets.io/blog/wingstop-franchise-costs-profits/, https://sharpsheets.io/blog/steak-n-shake-franchise-costs-profits/, https://sharpsheets.io/blog/crumbl-cookie-franchise-cost-profits/, https://sharpsheets.io/blog/taco-bell-franchise-costs-profits/, 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Scooters Coffee has not verified or audited this information. 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. During 2021, the range of monthly rent paid for both Kiosks and Coffeehouses was $3,500 to $10,000. 7. 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). The following statement is based on information for only 146 Kiosk and 73 Coffeehouse franchised Stores that were open and operating during the entire Measurement Period and that provided complete information (the Participating Stores). Download the Scooters Coffee franchise business plan, Updated with Franchise Disclosure Document. Additional details about running this franchise. Wisconsin, United States. Is this a profitable business? With commitments to build new stores in 30 states, the company plans to open many additional locations in 2022. On average, a Biggby Coffee franchise makes $186,995 in profits per year. Come Apply At iHeartCoffee, A Scooter's Coffee Franchise! Is this a good investment? According to FranchiseChatter.com, a unit of The Human Bean yields average profits of at least $100,000 with a caveat. 2. This Item 19 is separated into five sections. 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. Which Franchise Is Right for You? 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. DESCRIPTION: The Store Manager is responsible for all staffing, sales, and operations in a Scooter's Coffee location. When compiling our data from this past year, its clear we have done just that. 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