So, you’re ready to open your own coffee stand. That’s a great – and potentially lucrative – opportunity. However, you may be feeling overwhelmed by the process of how to open a coffee stand. That’s completely reasonable; but with our comprehensive, step-by-step guide, you’ll learn what to expect, how to prepare, and what it may cost.
According to the National Coffee Association (NCA), coffee is very much a hot commodity. Their latest coffee impact report states that in 2022 the coffee industry in the U.S. was worth $343.2 billion, growing by 52.4% since 2015. This surge was driven by consumer spending, which reached nearly $110 billion on coffee alone.
The coffee industry also plays a crucial role in the job market, providing employment to over 2.2 million individuals and contributing more than $100 billion in wages to the U.S. economy. With such a notable presence in today’s society, investing in the coffee industry could prove to be a formidable venture for savvy entrepreneurs.
Like any business, there’s quite a lot that goes into starting a coffee stand. Below is a list of key steps to ensure your business is starting off on the right foot.
As you can see, learning how to open a coffee stand is a lot of work. If all of these steps seem stressful, there’s always the option of investing in a reputable coffee franchise. Scooter’s Coffee® is leading the booming coffee industry with over 800 locations nationwide. With our proven business model, comprehensive training and support, and large network of franchisees, you can embrace entrepreneurship with expert guidance from industry professionals. Starting a business independently can be challenging – with a franchise, you can skip the guesswork and the headaches that come with it.
Since 1998, our brand has been serving delicious specialty coffee through a fast and friendly drive-thru. Our mission is “to create an amazing experience for each life we touch,” and that includes serving smiles along with our great products. More than just a coffee brand, all of our locations serve tea, hot chocolate, quenchers, blenders, smoothies, lemonade, Red Bull® Infusion drinks, and various food items. Plus, with our new kids and dollar delights menus, we strive to have something for everyone – allowing our franchisees to build a large customer base.
Our coffee shop startup costs range between $894,500 and $1,393,000, which includes our $40,000 initial franchise fee. Interested franchise candidates should have a net worth of $500,000 and at least $250,000 in liquid assets to qualify for a Scooter’s Coffee location.
We’re actively seeking driven entrepreneurs who are ready to bring the Scooter’s Coffee experience to their neighborhood. We have territories available nationwide, and we’re even open to markets with populations of less than 10,000 people! Both our traditional kiosk and new endcap business models work in all types of markets whether they’re metro, suburban, or rural areas.
If you’re ready to learn how to open a coffee stand, request information today, and one of our franchise development representatives will be in touch.