How much is a BIGGBY COFFEE franchise?


If you're wondering "how much is a BIGGBY COFFEE franchise," then you probably have many other questions you'll want answered before you sign on the dotted line...

Becoming a BIGGBY COFFEE franchise owner is not a guarantee of success, but franchising does offer a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a BIGGBY COFFEE franchisee owner might be financially rewarding.


Brand Name: BIGGBY COFFEE
Industry: RETAIL FOOD
Sector: COFFEE AND TEA
Industry Type: FOOD

Estimated Initial Investment:
Maximum: $390100.00
Minimum: $220510.00
Average: $305305.00
*Investment (from Item 7 of FDD)
 



Owning a BIGGBY COFFEE franchise is a serious commitment and works best when you make take a systematic approach to researching your options.

Just because you love BIGGBY COFFEE products or services doesn't mean that you will be able to successfully operate a BIGGBY COFFEE franchise.

Being emotionally attached to the idea of becoming a BIGGBY COFFEE franchisee is not a state of mind in which you can effectively assess an opportunity.

Your positive experience as a customer of BIGGBY COFFEE should not form the basis for deciding to become a BIGGBY COFFEE franchise owner (just because you love donuts doesn't mean that you should become a Dunkin Donuts franchisee).

You must conduct smart due diligence and determine from a business perspective whether owning a BIGGBY COFFEE franchise is right for you.

If you truly want own a BIGGBY COFFEE franchise, get all the information you can from BIGGBY COFFEE.

Talk to BIGGBY COFFEE franchise owners AND secure a qualified advisor who has experience helping people like you purchase franchises.

Make sure that owning a BIGGBY COFFEE franchise fits in with both your skills and lifestyle objectives (if you don't want to work evening and weekends, don't purchase an ice cream shop...If you're an introvert, don't buy a franchise that requires you to be extroverted).


Carefully read the BIGGBY COFFEE Franchise Disclosure Document (Also known as an FDD).

This document is the F. T. C. mandated disclosure document that gives you a wealth of information about the franchisor. The form and composition of the document is standard with any franchisor and must include information on various topics of interest to you. The major subject areas include:

  • The history of the franchise and its officers and directors.
  • A complete description of the business to be franchised.
  • All costs and fees that you will be subject to under the agreement.
  • All obligations of either party to the other during the term of the agreement and thereafter.
  • Any relevant litigation history of the company or its officers.
  • Any business failures, ownership transfers, franchise agreement terminations or other potentially adverse information relating to the success rate of the existing units in the system.
  • Audited financial statements for the previous three years for the franchise company.
  • A list of the existing franchisees.
  • A complete copy of the actual franchise agreement document is usually attached to the FDD but may be provided under separate cover at the option of the franchisor.

A few franchisors also include a financial performance representation (commonly referred to as an earnings claim) in the FDD document. Though they are not required to do so, this can be a real time saver for you if it is included. Even if it is included in the FDD, it is still imperative that you discuss this subject with franchisees during your fact-finding calls and visits.



 






Talk to at least five BIGGBY COFFEE franchisees owners.

The most valuable source of information on any franchise system is the existing franchisees. You need to plan on calling and, when possible, visiting a number of the existing franchisees during your investigation. It sounds almost trite but whatever you find the prevailing attitude of the existing franchisees on any issue to be, it would almost certainly be your attitude on the issue as well if you decide to become a franchisee. Visit with a sufficient number of the existing franchisees to ensure you have a sense of the prevailing attitudes of the group.




 


Although you want to find the overwhelming majority of franchisees to be happy and supportive of the franchisor, it is important to try to find an unhappy franchisee during your investigation. When you do, not only listen to the complaints but also try to determine what makes this franchisee different from the rest. If you find you identify with the positive ones and feel the negative franchisee is not like you, then you should be fine. If you find that you are more like the person who is unhappy however, this is probably not the right franchise for you.

These are just some of the steps you will take as you do your due diligence for BIGGBY COFFEE franchise.


This web site and the information contained herein does not constitute the offer or sale of a franchise. There are certain states that require the registration of a FDD before the franchisor can advertise or offer the franchise in that state. This franchise may not be registered in all registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states. The offer and sale of a franchise can only be made through the delivery and receipt of a Franchise Disclosure Document (FDD).