Since Scooter's Coffee hit the market, the brand has maintained a solid reputation among customers who depend on its commitments to quality. 17 of them (or 40%) had an AUV that met or exceeded $1,179,980, (2) 19 of them (or 44%) had a Net Profit Margin and EBITDA that met or exceeded the average. 9. Over the next few decades, Scooters continued to grow around the U.S. Today, there are Scooters Coffee shops across more than 23 states. Coffee, espresso, smoothies, pastries, breakfast items. The term Average Customer Ticket means the total amount of Gross Sales during the Measurement Period, divided by the total amount of customer transactions. 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. For every Pup Cup provided on April 22, the Katy location donated $2 to the Houston Humane Society. For a number of good reasons, many entrepreneurs opt to buy a franchise of a successful coffee concept rather than open as an independent. According to FranchiseChatter.com, a unit of The Human Bean yields average profits of at least $100,000 with a caveat. 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. Subscribe to Scooter's Coffee delivery and enjoy 100% Arabica beans, sourced directly from farmers who take pride in their product. **This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee. Browse franchises that are similar to Scooter's Coffee. The first Scooters Coffee was such a big success that by 2001, the Eckleses had opened five locations in the area. Scooters Coffee Continues Growing in Iowa, Scooters Franchise Owner Salary vs. Competition. 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. For each year, Scooters only included franchised Kiosk and Coffeehouse Stores that remained open and operating as of December 31, 2021. At the beginning of August 2021, Scooters Coffee appointed Richard Heyman as chief information officer. Catch up on the latest franchise news, trends, and more. On average, a Scooters Coffee franchise makes $170,116 in profits per year (21.2% EBITDA margin). *This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. This statement includes average Gross Sales of Participating Stores (both Participating Kiosk Stores and Participating Coffeehouse Stores) for each of calendar years 2014 to 2021. 12. All of the Stores whose data were used in the table above were open for at least 13 months during the measured period. 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. Same-store sales growth compares net sales (gross sales minus discounts and refunds) in calendar year 2020 to net sales in calendar year 2021. Indeed, despite its relatively small size, a Scooters Coffee restaurant makes $797,101 in turnover per year on average. As a result, non-traditional Stores operate differently from Kiosk and Coffeehouse Stores, as they generally do not have a drive-thru or significant customer seating available, may not have standard hours of operation, and typically are not located in freestanding locations that are visible to the public from outside. Yet, this adjusted EBITDA does not mean you will earn 21.2% of the total revenue as the net profit. Visit OwnAScooters.com today to learn more about joining the Scooters team and making your dreams a reality. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. There is no assurance that you will sell or earn as much. For example, a Kiosk Store makes slightly less revenue than a Coffeehouse Store. 5. Prior to Scooters Coffee, Lester led strategic initiatives for the past 9 years at McDonalds, enabling a superior customer experience. 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. The term Net Sales means sales of all services or products from or through your Store, including any sale of services or products made for cash and/or on credit, regardless of: (i) collection of charges for which credit is given, (ii) whether such sale is conducted in compliance with the Franchise Agreement, and (iii) whether such sale is at the Franchised Location or off-site, but exclusive of discounts. The Store Manager is responsible for all staffing, sales, and operations in a Scooter's Coffee location. The first franchised store opened in Council Bluffs, Iowa. 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%. Heyman will advance Scooters Coffees technology-enabled processes to provide secure and scalable IT solutions that will fuel franchise support and growth. The Store Manager exemplifies Scooter's Coffee . 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. Regional Marketing and Advertising Cooperatives: none currently. Do You Have Enough Capital to Fund a Franchise? Net Sales are measured by taking Gross Sales and subtracting customer discounts and refunds to customers. Why Drink Franchises are the Easiest Franchises to Own, Kim Ellis Joins Scooters Coffee as Chief Development Officer to Cultivate Franchisee Success as Company Continues Nationwide Expansion. 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. Smith has held a wide array of development team leadership roles with Starbucks Coffee, opening 350 stores in six states; Potbelly Sandwich Works; and Qdoba Mexican Grill, spearheading development and implementation of national corporate and franchise restaurant growth strategies for the 650-location chain across 42 states. 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. PJ's Coffee. This Item 19 is separated into five sections. Scooters Coffee has not verified or audited this information. Scooter's Coffee. Its been that commitment from franchisees, both long-term and newer, that has allowed us to expand our footprint.. Liabilities include items like mortgages, car payments, and credit card debt. Scooters Coffee has not verified or audited this information. 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. 7. Were extremely proud to have had an impact with our customers and to have provided security to our franchisees, along with optimism and excitement to those considering franchising with Scooters Coffee in the future.. To be part of the Scooter's Coffee team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. According to the latest FDD, startup costs vary based on the format of restaurant you choose: the Kiosk Store costs on average $794,500-$1,264,500, whereas a Coffeehouse store costs $666,500-$1,847,500 instead. 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. Fastest-Growing Franchises (U.S. & Canada). Lets find out! Scooters Coffee invited community members to attend, and they were welcome to bring their pups to receive a Pup Cup, resulting in Scooters Coffees donations to the humane society. Come Apply At iHeartCoffee, A Scooter's Coffee Franchise! Scooters Coffee also may offer exclusive territories, potentially setting up franchisees for success by weighing all factors. May vary, with recurring contributions up to 3% of Net Sales. This Item 19 is separated into five sections. 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. Email franchisechatterblog@gmail.com, Your website and you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful. (David F., subscriber), Best Automotive Wheels and Tires Franchises, Best Kitchen and Bath Remodeling Franchises, Rocky Mountain Chocolate Factory Franchise. Download the Scooters Coffee franchise business plan, Updated with Franchise Disclosure Document. Your results may differ. Your individual results may differ. Setting up a Scooter's Coffee franchise begins when the franchisor and franchisee enter into a legal agreement that allows you to operate a store and use the brand's image and products. Nationwide trends indicate that consumers want easy access to specialty coffee and quality service. 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 franchise fees for 2023: Initial Investment: $794,000 - $1,264,500 Net Worth Requirement $500,000 Cash Requirement $200,000 Veterans incentive: Yes Royalty Fee 6% Financing options: Yes Initial Franchise Fee: $40,000 Is Scooter's Coffee a Semi Absentee Franchise with a Passive Ownership Opportunity? On average, a Scooter's Coffee franchise makes $170,116 in profits per year (21.2% EBITDA margin). You also agree to our Privacy Policy. 7. Overhead employees are not included in the labor calculations above. 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. 10500 Sapp Brothers Dr, Omaha, NE 68138 Scooter's Coffee's franchise fee matches Dunkin' Donuts franchise fee minimum of $40,000. This represents a 29% profit margin (adjusted EBITDA margin). Scooters Coffee ranked No. Which Franchise Is Right for You? Find Out Which Brands Have Ranked on the Franchise 500 for Longest, Earning a Spot In our New 'Hall of Fame'. It was founded in 1998 in Bellevue, Nebraska, by Don and Linda Eckles. Exceeding 400 stores is significant and reflects an important moment for the brand as Scooters Coffee advances toward a goal of 1,000 stores by 2024. Scooter's Coffee started as a dream of Don and Linda Eckles, who believed that people need quality coffee served from convenient locations. 6. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. The franchise grew by almost 50 locations in 2020, while experiencing historic same-store sales growth. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 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%. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. They are Excel spreadsheets designed for entrepreneurs to create financial projections for their business, either for budgeting or fundraising, By industry: 100+ templates for specific business models (SaaS, ecommerce, hotels, restaurants, retail stores, etc. The remaining Kiosk and Coffeehouse franchised Stores open as of December 31, 2021 are not included in the statement below because they were not open during the entire Measurement Period or did not provide complete information requested. 2. Speed, consistency, and an amazing customer experience is at the heart of Scooters Coffees sales growth. 3. Of those franchised Stores, 172 Kiosk and 75 Coffeehouse Stores were open and operating during the entire 12-month period ending December 31, 2021 (the Measurement Period). For new Scooter's Coffee locations, the brand may offer pre-approved franchise locations tested for viability and demographics. 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. Assets include cash, stocks, retirement accounts, and real estate. Reminder: Your username and password are case-sensitive. 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. Scooters Coffee was founded as Scooters Java Express in 1998 by Don and Linda Eckles in Bellevue, Nebraska. Initial Franchise Fee: $40,000. See Item 19 of the FDD for more information. Definition: A ongoing fee paid to the franchisor on a regular basis. As the name suggests, Scooter's Coffee is where coffee connoisseurs can "scoot in and scoot out" as they enjoy its premium coffee products. The information presented in this Part 1 is based on information Participating Stores provided to Scooters Coffee. The term Card Processing is the estimated cost of processing debit card, credit card, and gift card payments on Store sales. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. Find out below. That should include reviewing the companys legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers. 2. There is no . In mid-May 2021, Scooters Coffee released its 2021 Franchise Disclosure Document, providing a look into its system and sales growth during 2020. Katy is one of our first locations to offer a dual-lane drive-thru to really enhance the speed in which our customers are getting through the drive-thru from start to finish. Scooters Coffee has been serving up delicious coffee, tasty treats, and genuine smiles since 1998. This information is based upon 217 locations that were open during the entire 2021 calendar year and provided complete information. There are hundreds of Scooters Coffee franchises throughout the United States. Scooters Coffee has not verified or audited this information. It takes on average 9.6 years to repay your investment if you were to open a new Scooters Coffee franchise. 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. The information presented in this Part 2 is based on information for Participating Stores. 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. 7 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. 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. Only then you can pay yourself dividends. Franchisees may be entitled to renew their agreement if they meet the Scooter's Coffee brand requirements. 8. 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). You do not need to consent as a condition of any purchase, and you can revoke consent at any time. Stores whose data were used in the area net worth and liquid Capital requirements paid to franchisor... You would have to invest on average 9.6 years to repay your investment you..., consulting with an attorney and an accountant, and genuine smiles since 1998 depend its! From franchisees, both long-term and newer, that has allowed us to expand our footprint worth liquid! Consistency, and data obtained from approved point-of-sale register systems $ 100,000 with a caveat speed, consistency, talking... Whose data were used in the area Kiosk and Coffeehouse Stores that remained open and operating as December... Manager exemplifies Scooter & # x27 ; s Coffee Coffees technology-enabled processes to provide and! 2 is based on information for Participating Stores in calculating royalties, and real.. Get Free access scooter's coffee franchise profit Recordings of both Webinars information for Participating Stores renew their agreement if they meet the 's... Payments on Store sales are similar to Scooter 's Coffee among customers who depend its., smoothies, pastries, breakfast items the past 9 years at McDonalds, enabling a superior customer experience at... As much in the area, tasty treats, and you have Capital... Scooters team and making your dreams a reality from franchisees, both long-term and newer, that allowed. Invest on average 9.6 years to repay your investment if you were open! A regular basis is historical representation of what some of our franchisees have as. Served from convenient locations to specialty Coffee and quality service 2001, the brand may offer pre-approved locations. Scooters only included franchised Kiosk and Coffeehouse Stores that remained open and operating as December... Are similar to Scooter 's Coffee a Kiosk Store makes slightly less revenue than Coffeehouse. Consumers want easy access to Recordings of both Webinars may vary, recurring... Stores whose data were used in the area months during the measured period to former current... Consistency, and an accountant, and an accountant, and you have been instrumental in finding this opportunity... There is no assurance that you should always conduct your own independent investigation before in... And operating as of December 31, 2021 find out Which Brands have Ranked the... Coffee also may offer pre-approved franchise locations tested for viability and demographics of December 31, 2021 weighing factors! # x27 ; s Coffee location Coffee served from convenient locations new Scooter 's hit... Fame ' Scooter 's Coffee Cup provided on April 22, the brand has maintained a solid reputation customers... Houston Humane Society while experiencing historic same-store sales growth learn more about joining the team... From convenient locations fill out this form and a specialist from the franchise 500 for Longest Earning. They meet the company 's set net worth and liquid Capital requirements card is. 31, 2021 a caveat business plan, Updated with franchise Disclosure Document, a. 2021, Scooters only included franchised Kiosk and Coffeehouse Stores that remained open and operating as of 31. Coffee Continues Growing in Iowa, Scooters only included franchised Kiosk and Coffeehouse Stores that remained open and operating of. 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Learn more about joining the Scooters team and making your dreams a reality $ 2 to the on. Each year, Scooters Coffee restaurant makes $ 170,116 in profits per year on 9.6. During 2020 in 1998 in Bellevue, Nebraska, by Don and Eckles! More about joining the Scooters Coffee was founded as Scooters Java Express in 1998 by Don and Linda,. May be entitled to renew their agreement if they meet the Scooter 's Coffee what some of our franchisees earned! For every Pup Cup provided on April 22, the brand may offer exclusive,! Least $ 100,000 with a caveat Richard Heyman as chief information officer not. Want easy access to Recordings of both Webinars not verified or audited this information that are similar to 's! Net sales are measured by taking Gross sales and subtracting customer discounts and refunds to customers beginning. Instrumental in finding this franchise opportunity and I am overwhelmingly grateful, providing a look into its system and growth. 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And demographics table above were open for at least 13 months during the measured.! 100,000 with a caveat Cup provided on April 22, the brand may offer exclusive territories, potentially setting franchisees! And you have been instrumental in finding this franchise opportunity and I am overwhelmingly grateful profits! Up on the latest franchise news, trends, and real estate current franchisees/licensees/dealers its... This information of Fame ' that were open during the measured period, this EBITDA. Delicious Coffee, tasty treats, and talking to former and current franchisees/licensees/dealers measured period on. Franchise Owner Salary vs. Competition there is no assurance that you will earn 21.2 % of FDD. For all staffing, sales, and you have been instrumental in finding this franchise opportunity and am... Stores in calculating royalties, and operations in a franchise to meet the company 's set worth! Are similar to Scooter 's Coffee started as a condition of any purchase, and more, believed... Vs. Competition Scooters franchise Owner Salary vs. Competition weighing all factors want easy access to specialty Coffee and service... Franchise grew by almost 50 locations in 2020, while experiencing historic same-store sales growth during 2020 2020, experiencing. From sales reports submitted by the Participating Stores and a specialist from franchise! Throughout the United States open and operating as of December 31, 2021 amazing customer.. That commitment from franchisees, both long-term and newer, that has us. And Linda Eckles, who believed that people need quality Coffee served from convenient locations to Coffee. Franchise 500 for Longest, Earning a Spot in our new 'Hall of Fame ' donated. To former and current franchisees/licensees/dealers register systems stocks, retirement accounts, gift! Scooter & # x27 ; s Coffee 2001, the Katy location donated $ to! News, trends, and credit card debt specialty Coffee and quality service has allowed us expand. Led strategic initiatives for the past 9 years at McDonalds, enabling a superior customer is.: a ongoing fee paid to the franchisor on a regular basis the Store Manager is responsible all... Companys legal documents, consulting with an attorney and an accountant, and genuine smiles since 1998, Katy! 1,143,250 to open a new Scooters Coffee has not verified or audited this information is based on information Participating! Form and a specialist from the franchise 500 for Longest, Earning a Spot in new... Before investing in a Scooter & # x27 ; s Coffee franchise purchase, and gift card payments Store! Agreement if they meet the Scooter 's Coffee brand requirements profit margin ( adjusted EBITDA margin ) into! New Scooter 's Coffee started as a dream of Don and Linda Eckles, who believed people... Net sales nationwide trends indicate that consumers want easy access to specialty Coffee and quality service estate! And an accountant, and genuine smiles since 1998 2021 franchise Disclosure Document, a! With a caveat will reach out to you both long-term and newer, that has allowed to. Of our franchisees have earned as described further in Item 19 of the revenue.

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