Scooter's Coffee General Information. 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%. Your results may differ. Franchise Training at Scooter's Coffee Number and Percentage That Attained or Exceeded the Average: 83/48%, Number and Percentage That Attained or Exceeded the Average: 84/49%, Number and Percentage That Attained or Exceeded the Average: 79/46%, Number and Percentage That Attained or Exceeded the Average: 35/47%, Number and Percentage That Attained or Exceeded the Average: 37/49%, Number and Percentage That Attained or Exceeded the Average: 34/45%. 12. 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. Here's How to Find Out. You also agree to our Privacy Policy. With more than 35 years of experience in information technology, Heyman has successfully led digital transformation for entrepreneurial endeavors and large public enterprises. Come Apply At iHeartCoffee, A Scooter's Coffee Franchise! Scooters Coffee used information from sales reports submitted by the Participating Stores in calculating royalties, and data obtained from approved point-of-sale register systems. There is no . Yet, its not cheap either: you would have to invest on average $1,143,250 to open a new Scooters Coffee franchise. Scooter's Coffee May 2022 - Present 11 . We care about the protection of your data. 16. 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. Opening a coffee shop gives its owner many rewards. Is this a good investment? Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. Scooters Coffee is an American drive-thru coffeehouse chain with over 500 locations in the US. Mar. The new Cold Brews are the company's first foray into the ready-to-drink coffee category and come in three initial varieties: Franchise Winners, Survivors and Losers Last Year. Mar. 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. All of the Stores whose data were used in the table above were open for at least 13 months during the measured period. Visit OwnAScooters.com today to learn more about joining the Scooters team and making your dreams a reality. In 2012, there were a total of 100 franchises operating. This is an average of both the Kiosk Store and the Coffeehouse Store. Scooters Coffee ranked No. Scooter's Coffee franchisees have two options for franchise models: our drive-thru kiosk model or a welcoming drive-thru coffeehouse model. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. On average, a Scooter's Coffee franchise makes $170,116 in profits per year (21.2% EBITDA margin). The investment amount covers all startup costs you need to open a restaurant. The term Overhead is the estimated costs of other expenses including business insurance, licenses, accounting fees, franchisor technology fees, banking fees, store supplies, service contracts, repairs, maintenance, uniforms, and other miscellaneous costs. Smith will lead the franchise sales, real estate, and construction functions. 9. 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. Net Sales are measured by taking Gross Sales and subtracting customer discounts and refunds to customers. Wisconsin, United States. Customers can stop at a Scooter's Coffee drive-thru and pick up quality coffee as they begin their day with a smile. 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: 32/43%. We may receive a commission for leads generated from our site. Smith earned a Bachelor of Arts degree in Political Science and Business from SMU in Dallas, Texas. Diving deeper into the same-store sales growth figures, stores built around the drive-thru kiosk model experienced 31% growth. The following charts are based on information for only 186 Kiosk and 78 Coffeehouse franchised Stores that were open and operating during the entire Measurement Period for 2021 and that provided complete information (the Participating Stores). Whats more is that Scooters Coffee franchises revenues have been growing steadily over the years. 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. Its signature drink is the Caramelicious, and the menu features an array of specialty espresso beverages, single-origin coffee, fruit smoothies, Red Bull Infusions, Cold Brew, baked-from-scratch pastries, and savory breakfast options. Some outlets have earned this amount. The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. 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%. According to StartMyCoffeeShop.com, the average coffee franchise owner will take home $66,000 a year. Looking to buy an A-list franchise? Description. On average, you would need to invest $1,143,250 to open a new Scooters Coffee restaurant. At the time, coffeehouses were popping up everywhere and the Eckleses wanted to combine quality coffee with drive-thru convenience. Scooter's Coffee has a franchise fee of up to $40,000, with a total upfront investment range from $794,500 to $1,264,500. 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) Non-traditional Stores are carts or small spaces located in specialty locations (e.g., airports, hospitals, stadiums, train stations, malls, military bases, amusement parks, and business atriums), or within other businesses such as large office buildings. The following table summarizes the ownership of Stores in operation as of December 31, 2021: This Item 19 does not include financial performance information for any of Scooters Coffees franchised nontraditional Stores as Scooters Coffee currently is not actively marketing non-traditional Stores, and they operate differently from Kiosk and Coffeehouse Stores. 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 For each year, Scooters Coffee only included Kiosk and Coffeehouse Stores that were open and operating during the entire 12-month period ending December 31 of the calendar year identified (each a Measurement Period). Definition: The initial fee paid to a franchisor to join their system. Get ready for the franchising industry's biggest trade show event of the year. Initial Franchise Fee: $40,000. Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. Scooter's Coffeehas been ranked in Entrepreneur's Franchise 500 multiple times in recent years. The Eckles were inspired to start their own little drive-thru coffee shop after coming across a similar concept in California. With 380 units in the US, of which the vast majority (95%) is franchised-owned, Scooters Coffee is a popular coffee franchise brand among franchisees. And while dine-in options were severely hampered, Scooters Coffee stores built as coffeeshop models still saw growth as well compared to the year before. 6. Definition: A ongoing fee paid to the franchisor on a regular basis. 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 term Cost of Goods Sold includes amounts for coffee beans, dairy, food items, syrups, tea, smoothies, cups, lids, paper products, and other direct products associated with serving food and beverage products. The initial franchise fee is $25,000 . Scooters Coffee has not verified or audited this information. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. Non-traditional Stores are carts or small spaces located in specialty locations (e.g. Same-store sales for locations open for at least 13 months is measured each year. Your email address will not be published. Were most proud of the fact that it emphasizes the trust our brand has with customers. Nov 2021 - Jun 20228 months. 3 (Fri.), 11 a.m. EST, Top Pick Franchises Mar. Scooter's Coffee. Learn more about how to become a franchise owner with one of the leading coffee brands in the nation. For example, this Item 19 does not include costs associated with paying any rental expense, equipment, royalty, or continuing marketing fees. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Scooters Coffee started franchising in 2002 and is franchised by Scooters Coffee LLC, headquartered in Omaha, Nebraska. 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. 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? What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. 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. Is a Scooters Coffee franchise a good investment? 13. Overhead employees are not included in the labor calculations above. AMAZING PEOPLE, AMAZING DRINKS AMAZINGLY FAST!. 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. 66 on Entrepreneurs 2022 Franchise 500 list. 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. That same year, the Eckles decided to start franchising the Scooters Coffee concept. This information is based upon the top 43 of 172 Drive-Thru Kiosks that were open during the entire 2021 calendar year and provided complete information. The senior director of drive-thru innovation is a key strategic position at Scooters Coffee as the company strives to achieve growth goals and provide innovative ways for customers to get amazing drinks, amazingly fast. Scooter's Coffee has built a reputation for delivering "amazing drinks, amazingly fast." The Eckles were inspired to open their own coffee shop while they were living in California where they witnessed the growth of the specialty coffee industry and drive-thru coffee concepts. Here's how franchisees can tap into consumer behaviors using strategic messaging and offers that speak to clients wants and needs. Initiatives included voice-activated drive-thru capabilities, predictive production management, robotic/automated cooking equipment and more that drove better business efficiencies and performance. For new Scooter's Coffee locations, the brand may offer pre-approved franchise locations tested for viability and demographics. 7. There were 275 Kiosk and 83 Coffeehouse franchised Stores open and operating as of December 31, 2021. The brand is known for its signature caramel coffee, smoothies, baked goods, espresso drinks, and other related foods. The same-store sales growth figures below show the change in the Net Sales (as defined above) earned by Participating Stores during the 2020-2021 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). Prior to joining Scooters Coffee, Heyman served in leadership roles at companies that included Retail Digital Strategy Consulting, Christopher & Banks, Gordmans, Pamida Stores, Distributed Intelligence Systems, Sirius Retail, and Bakers Supermarkets. This is a total growth of 71 outlets over a six-year time length. Scooters Coffee is a drive-thru franchise company that has been serving world-class coffee for more than 20 years and is approaching 450 locations in 23 states across the nation. Single day sales records for franchise of Hart Family Coffee, and as . This includes the franchise fee, which is $30,000, as well as the cost of equipment, signage, and other start-up expenses. Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. During 2021, the range of monthly rent paid for both Kiosks and Coffeehouses was $3,500 to $10,000. Indeed, despite its relatively small size, a Scooters Coffee restaurant makes $797,101 in turnover per year on average. There is no assurance that you will sell or earn as much. Details can be found in Item 12 of the FDD. How much money can you make with a Scooters Coffee franchise? See Item 19 of the FDD for more information. Potential profit from a Scooters Coffee franchise is well above the average for the industry. 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