How Much Does A Starbucks Franchise Cost?
Are you an entrepreneur seeking to invest in Starbucks Franchise? Well, you have landed at the place. In this blog post, we will make you well acquainted with How Much Is A Starbucks Franchise costs.
The most renowned coffee brand Starbucks has tons of coffee outlets in the USA. Now it has expanded its business globally and incorporated with Tata Consumer Products in 2012 to initiate a joint venture in India. We can now expect to have the leading coffee shop in your neighborhood. With a clear goal to open over 400 Starbucks stores in India, it is all set to expand its business in the country. Increasing demand for exclusive coffee like lattes and espresso drinks makes it stand out from other conventional coffee stores. It is the perfect place to hang out with your friends and get relief from office stress.
Are you an entrepreneur seeking to invest in Starbucks Franchise? Well, you have landed at the place. In this blog post, we will make you well acquainted with How Much Is A Starbucks Franchise costs.
What is Starbucks
Founded in 1971, Starbucks is the leading multinational chain of coffee houses in the USA. With over 30K stores in the country, it has turned into the largest coffee shop in the globe. Serving a wide variety of delicious coffees, it has become the most preferred destination for coffee lovers.
Numerous entrepreneurs have got the license to open a Starbucks Franchise in their nearby location and earn a noticeable income.
Starbucks Franchise: An Overview
Brand Summary |
|
Line of Business |
Café |
Unit / Shop Area |
1000 – 2000 Sq.ft |
Commission% / Revenue Sharing |
Approx. 97% |
Total Investment |
Rs.1 Crore – Rs.1.20 crore |
ROI Timeframe |
1 Year |
Starbucks Coffee Brand: At a Glance
About the Brand |
|
Industry |
Food & Beverage |
Business Line |
Café |
Organization Type |
Public |
Head Office |
Mumbai |
Founder |
Kevin Johnson (CEO) |
Founded In (year) |
1971 |
No. of Franchise Outlets |
160+ |
Master Franchise Model |
Not Available |
Franchise Tenure |
Not disclosed |
Franchise Location |
All over India |
Business Set-Up Time |
1 Month |
Franchise Commencement Year |
2012 |
Is Starbucks A Franchise Model
The leading food and beverage industry, Starbucks has become the largest coffee chain in the globe serving a wide variety of exclusive coffees catering to the diverse tastes of various people.
However, Starbucks does not operate as a traditional franchise model rather it works on a business model that retains its ownership allowing franchise holders to sell coffee and earn. It provides rights to its trademarks to a Starbucks-licensed store, giving store owners a sense of autonomy while retaining its control over the standards and process for making Starbucks coffee.
How Much Does a Starbucks Franchise Costs
Getting the license to sell Starbucks Coffee greatly depends on various factors like location, size of the store, and other expenses.
However, the initial cost of establishing a Starbucks Franchise Price can range from INR 25 lakh to 40 lakh. Licensing fees required for the Starbucks Franchise store is $315,000 and total amount required is $700,000. The set-up cost includes various costs like construction and build-out expenses, equipment and signage, initial inventory, and training expenses. It’s worth noting but gives a remarkable amount of profit.
To explore more about it, you must visit the site Mediawayz.com once.
What's Your Reaction?