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Are you thinking about owning a coffee franchise? Coffee franchises can be very lucrative investments. Why? Coffee sells at higher profit margins than other food products and coffee shops often operate with lower overhead than other business models.
Most Americans rise from the bed and make a beeline for the coffeemaker. A large percentage will continue to drink coffee into the afternoon. Statistics indicate that 60% of U.S. coffee drinkers visit a chain coffee shop once a month, and another 50% prefer the convenience of drive-thru locations.
According to Entrepreneur’s Franchise 500, here are 7 affordable coffee franchises that made the top list for 2022:
Initial Investment: $438K - $1.8M
Dunkin' stores are located in over 32 countries. They serve 70 varieties of doughnuts, along with hot and cold coffee drinks, breakfast sandwiches, bagels, and other baked goodies. Dunkin's parent company, Dunkin' Brands, also franchises Baskin-Robbins; the two concepts are sometimes co-branded.
For more information - Dunkin’
Initial Investment: $512K - $861K
Seeing the success of the specialty coffee industry in California, the founders returned to their roots in Nebraska and launched the drive-thru coffeehouse franchise. Scooter's Coffee also offers organic hot and iced teas, origin coffee, cold brew and pastries.
Initial Investment: $380K - $905K
The Human Bean’s Farm Friendly Direct program encourages environmentally sustainable growing, harvesting and processing methods. They reward the farmers with whom they work by offering above-market prices and using the extra money to fund improvement projects in their communities.
Initial Investment: $202K-$419K
Biggby Coffee opened their first coffee shop in Michigan. They are focused on expanding in the Midwest and Southeast.
Initial Investment: $201K – $584K
PJ’s Coffee was founded in New Orleans in 1978. They are known for their high-quality beans, superior roasting methods and gourmet drinks.
For more information - PJ’s Coffee of New Orleans
Initial Investment: $269K - $1.2M
Ziggi’s Coffee started as a small coffee shop in Colorado and has grown into multiple drive-thru and coffeehouse locations across the U.S. Their mission is to serve a convenient cup of coffee with great customer service.
Initial Investment: $340 to $575K
This double-sided drive-thru specialty coffee shop franchise is driven by a mission to serve in a way that would meet the demands of busy Americans. The Ellianos franchise is currently available in about 35 states.
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