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. A typical franchise agreement runs for ten years. Initiatives included digitizing supply chain processes, automating business practices, designing/building the first global sustainability data collection/reporting solution, and leading the implementation of its Automated Order Taking initiative. Your results may differ. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. Wisconsin, United States. 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. Franchisees may be entitled to renew their agreement if they meet the Scooter's Coffee brand requirements. 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). 15. At the beginning of July 2019, Scooter's Coffee gave its franchisees a powerful new way to help customers cool down and power up anywhere and everywhere with the company's first-ever canned Cold Brew beverages. Franchise Chatter is reader-supported. 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. Start By Evaluating Your Goals. Assets include cash, stocks, retirement accounts, and real estate. There has never been a better time than now to join the Scooter's Coffee family! Same-store sales for locations open for at least 13 months is measured each year. Scooter's Coffee's franchise fee matches Dunkin' Donuts franchise fee minimum of $40,000. ), Franchises: 150+ templates built specifically for franchisees, from restaurants, gyms, home services and more, 104 on-the-job hours and 56 classroom hours, Scooters Coffee franchises pros and cons. The app is available for download on the App Store or Google Play. 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. 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 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. Here's How to Find Out. Scooters Coffee ranked No. This includes the franchise fee, which is $30,000, as well as the cost of equipment, signage, and other start-up expenses. Yet, its not cheap either: you would have to invest on average $1,143,250 to open a new Scooters Coffee franchise. In early July 2021, Nathan Lester joined Scooters Coffee as senior director of drive-thru innovation. In this FDD Talk post, youll learn the following: Appoints New Vice President of Development. As the name suggests, Scooter's Coffee is where coffee connoisseurs can "scoot in and scoot out" as they enjoy its premium coffee products. Targeting mostly businesses and special events, Cafe2U serves customers from a van, which is staffed with baristas. We may receive a commission for leads generated from our site. Of these 217 locations, 112 (or 51.61%) of them had Same-Store Net Sales Growth Over Prior Year that met or exceeded 24.32%. Your email address will not be published. On average, a Scooter's Coffee franchise makes $170,116 in profits per year (21.2% EBITDA margin). 3. 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. The Store Manager is responsible for all staffing, sales, and operations in a Scooter's Coffee location. 7. Heyman will transform Scooters Coffees technology capability, allowing the company and brand to differentiate itself when providing best-in-class franchise support systems and elevating an amazing experience for its loyal and new customers. Scooter's Coffee franchisees have two options for franchise models: our drive-thru kiosk model or a welcoming drive-thru coffeehouse model. It takes on average 9.6 years to repay your investment if you were to open a new Scooters Coffee franchise. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. Section V Presentation and analysis of Scooters Coffees financial performance representations (average revenues and/or profits), based on Item 19 of the companys 2022 FDD, including information on the: Section VI Key ratios, comparables, computations, and analyses for the Scooters Coffee franchise opportunity (, Site Concept Plan, Preliminary Due Diligence, and Site Work: $44,000 to $477,000, Free-Standing Building and Leasehold Improvements: $264,000 to $796,000 (not including the purchase of land), Architectural and Engineering Fees: $35,000 to $66,000, Equipment, Fixtures, and Furniture: $178,000 to $235,000, Point-of-Sale System and Software: $12,000 to $19,000, Initial Training (travel and living expenses): $5,000 to $8,000, Opening Inventory, Supplies, and Smallwares: $25,000 to $27,000, Additional Funds (3 months): $0 to $86,000, Total Estimated Scooters Coffee Franchise Costs (Coffeehouse Store): $666,500 to $1,847,500, 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), Architectural and Engineering Fees: $35,000 to $62,000, Equipment, Fixtures, and Furniture: $168,000 to $176,000, Total Estimated Scooters Coffee Franchise Costs (Kiosk Store): $794,500 to $1,264,500, Local Marketing and Advertising Commitment: none currently, although Scooters Coffee may require you to spend up to 2% of Net Sales for local marketing and advertising in the future. 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. Franchise Winners, Survivors and Losers Last Year. Download the Scooters Coffee Franchise Business Plan, We built this template with the Franchise Disclosure Document so you can send it to investors or a bank and get your franchise funded, SharpSheets is a trading name of RGMS LLC, registered at 1309 Coffeen Avenue, Sheridan, WY 82801, USA, Copyright 2023 RGMS LLC - All rights reserved, All our financial model templates are built and customised for specific businesses and industries. Do You Have Enough Capital to Fund a Franchise? Of these 31 Drive-Thru Kiosks that compile the top quartile: (1) 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. Cash Available for Investment0-$99,999$100,000 - $199,999$200,000 - $299,999$300,000+. This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, New Mexico, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Wisconsin, West Virginia, Wyoming. Your results may differ. It was founded in 1998 in Bellevue, Nebraska, by Don and Linda Eckles. There is no assurance that you will sell or earn as much. 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? 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. In the competitive coffee shop market, Scooter's Coffee may be a brand with a formidable reputation that continues to solidify itself year after year. Find out below. Scooters Coffee has not verified or audited this information. The first franchised store opened in Council Bluffs, Iowa. 2. 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.. For example, a Kiosk Store makes slightly less revenue than a Coffeehouse Store. Speed, consistency, and an amazing customer experience is at the heart of Scooters Coffees sales growth. **This is historical representation of what some of our franchisees have earned as described further in Item 19 of the FDD. 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. Initial Investment: $438K - $1 . Scooter's Coffee General Information. 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). 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. Read our Browse franchises that are similar to Scooter's Coffee. See more Food Franchises in USA in the catalog . Franchise Training at Scooter's Coffee Over the next few decades, Scooters continued to grow around the U.S. Today, there are Scooters Coffee shops across more than 23 states. Franchise Business Review named Scooter's Coffee a Top 50 Franchise in its 2018 Franchise Satisfaction Awards, among the top 50 in its 2018 list of Top Multi-Unit Franchises and one of the 2017 Top Franchises for Women. There were 189 Kiosk and 77 Coffeehouse franchised Stores open and operating as of December 31, 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. Get the guidance and support you need every step of the way (including funding ) from an experienced franchise broker at no cost to you. Our listings and rankings are solely research tools you can use to compare opportunities. 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) How profitable is a Scooters Coffee franchise? We care about the protection of your data. 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. 7. As part of your due diligence, you may want to speak to existing franchisees and ask the Scooter's Coffee franchising team questions. Some outlets have earned this amount. Overhead employees are not included in the labor calculations above. Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. 10500 Sapp Brothers Dr, Omaha, NE 68138 The term Card Processing is the estimated cost of processing debit card, credit card, and gift card payments on Store sales. Learn more about how to become a franchise owner with one of the leading coffee brands in the nation. 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. Only then you can pay yourself dividends. With commitments to build new stores in 30 states, the company plans to open many additional locations in 2022. Definition: A discount or other incentive offered to military veterans who buy a franchise with this company. 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. Scooters Coffee continues to grow rapidly while it strives to provide the best customer drive-thru interaction in the world. Rather, you may need to deduct taxes, debt interest expenses, and other costs. The first Scooters Coffee store was a success and by 2001, there were five shops in operation. Initiatives included voice-activated drive-thru capabilities, predictive production management, robotic/automated cooking equipment and more that drove better business efficiencies and performance. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems. Everyone watched their spending last year, and yet so many customers saw our products and service worthy of their dollar. Section V Presentation and analysis of Scooters Coffees financial performance representations, based on Item 19 of the companys 2021 FDD, including information on the: The following table summarizes the ownership of Stores in operation as of December 31, 2020: 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. 6. Need help? Last updated on August 29, 2022 by Franchise Chatter Leave a Comment in Coffee Franchise, FDD Talk: Food Franchises, Franchise Earnings. In Scooters Coffees experience, Overhead expense is an average of $42,000 for Kiosk Stores and Coffeehouse Stores, and it has used these figures in calculating the estimated Overhead expenses in the above charts. For download on the app Store or Google Play customers from a van, is. 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