Do you want to start a coffee shop business by buying Saxbys franchise? If YES, here is how much it cost to open a Saxbys franchise and their requirement.
Saxbys Coffee owns, operates, and franchises coffee shops in the United States. It provides coffee, espresso beverages, all-natural fresh fruit smoothies, blended iced coffee drinks, breakfast, bakery products, sandwiches, and salads. Additionally, Saxbys Coffee retails mugs, apparel, and coffee. It also provides catering services.
How Much It Cost to Open a Saxbys Franchise
- Financial Requirements
If you’re considering acquiring a Saxbys franchise, below are the costs of starting and running a Saxbys Coffee franchise;
- Initial Franchise Fee: $30,000
- Total Investment: $258,925 to $344,985
- Royalty Fee: 6%
Steps on How to Get and Open a Saxbys Franchise
Once you have the financial capabilities to acquire this franchise, the next step is to visit the company’s website at https://www.saxbyscoffee.com/contact/, fill and submit the inquiry form. Once you submit this form, a Saxbys team will communicate afterwards for further directions and clearance.
Note that this Saxbys team plays an integral role in the planning of your business, especially your choice of location. Experts from the company’s corporate team will complete the layout and design to focus on the importance of efficiency and consistency.
An important aspect of this build out process is Saxbys Pre-Opening Manual, which will guide you through the entire process. The supervision of the build out process includes construction, placement of fixtures, graphics, and equipment installation.
All Saxbys Franchisees are expected to successfully complete the Saxbys Coffee training program. This initial training focuses on the management aspects of your Saxbys café. It includes processes for guest services, scheduling, accounting, ordering, and general business management.
It also includes an introduction to drink preparation. The second phase of training begins ten days prior to the opening of your franchise and will be held at your Saxbys café. This phase of training includes the franchisee(s), managers, and all team members of the location.
The focus of the initial portion of Phase 2 training is guest services and drink preparation. The remainder of training is completed on a normal operating schedule with the corporate trainer on site to assist. At Saxbys, you will receive ongoing operational support from an experienced operations team, including assistance with an operational pro-forma, support through café build out process, and assistance with creating required vendor networks and management of Grand Opening operations.
Post Grand Opening support with ongoing operations includes P&L review and analysis, café audit/evaluations, and support with executing any necessary operational plans of action. Saxbys strive to continually strengthen its brand by providing franchisees with the tools they need to be successful and communicate effectively to drive traffic, preference, and loyalty from the consumer market.
The company has both in-house and partner expertise in the areas of marketing, PR, and social media to ensure your communications objectives are supported and achieved
Saxbys Coffee is gradually creating a national brand and image. The company is on its way to building what they hope to be the greatest coffee chain in the U.S. Acquiring a franchised coffee shop is an ideal way to follow the American Dream and enter into business for yourself. Saxbys makes it incredibly easy to open a coffee shop.
Especially, beginning with their help in site selection and training, then continuing all the way through the opening and continued operations of your system, you can be rest assured that you will have an experienced team helping you. They are committed to providing you with an excellent franchise opportunity.
What You Must Know About Saxbys Coffee Shop Franchise
Nick Bayer and John Larson established Saxbys Coffee on August 23, 2005, with its headquarters in Philadelphia in Pennsylvania. It also has locations in Texas, Kentucky, Ohio, Georgia, District of Columbia, Delaware, New Jersey, and New York.
In 2009, Saxbys filed for bankruptcy as the company was charged with 18 lawsuits from former franchisees and investors who said the company owed them money. Even with the cases still in court, Saxbys continued establishing new stores. Saxbys moved its headquarters from Broomall, Pennsylvania, to Center City, Philadelphia in September 2015.
Their new headquarters was more than 10,000 square feet and includes a Saxbys shop. Saxbys as a social impact company is known to run programs with many colleges and universities, including Temple University, Penn State University, and St. Joe’s University. It has 7 student-run coffee shops on college campuses. Students are able to become “Student CEOs” or Café Executive Officers, receiving academic credit and salary.
According to reports, as of October 2015, 35 percent to 40 percent of Saxby’s is corporate-owned and the balance is franchised. Saxbys Franchisees enjoy a proven and effective system of support that affords an excellent opportunity to hit the ground running. Saxbys is on pace to become the fastest growing coffee café business in America.
Saxbys has a fiercely loyal guest base with more than 10,000 Likes on Facebook across the 30 communities that they serve. Also, Saxbys Fro-Yo! is a unique, signature product that draws customers in and differentiates Saxbys from other coffee chains. Saxbys is also known to always keeping an eye out for prime locations for their franchisees to open cafés. The cafés can range from 250sf (kiosk location) to 2000sf.
Their cafés are in high traffic locations, including strip shopping centers, urban street locations, college campuses, office buildings, train stations, or other similar locations. Every prospective site is carefully analyzed for market potential, demographics, competition, guest profiles, and traffic counts. The company guides every franchisee through the lease negotiation process and ensures that deals are done right, fairly, and efficiently.