Buying A Coffee Shop Franchise – Understanding The Real Cost
If you’re considering buying a coffee shop franchise, it’s crucial to understand the actual cost before signing on the dotted line.
Our alternative to buying a coffee shop franchise:
At Hard Bean Coffee, we’ve developed a business model that sets us apart from traditional franchise coffee businesses. Here are three reasons why opening a coffee business with us is a better choice:
- No upfront franchise fees and no royalties on the back side
Our business model offers a unique financial advantage for entrepreneurs. We have no upfront franchise fees or back-end royalties, unlike the typical 5%, 6%, 7%, or 8% of sales paid to other franchises. Instead, you can use those funds to pay off loans or keep more earnings.
In addition, our package costs $100,000 or more less than most models, making it more accessible for those with limited capital.
- Hard Bean imposes none of the restrictions a coffee franchise would
Our experience has proven that flexibility is the key to success for a coffee shop. As an independent owner, we know you possess valuable local knowledge that corporate offices lack. That’s why we impose no business restrictions on our owners – allowing them to seize new opportunities and drive their businesses to success.
A great example of why opening a coffee business with Hard Bean is a better choice over a coffee franchise is how our program helped our owners respond and thrive during the pandemic.
- Our coffee program is a great platform
If you have a slower or more difficult concept to launch, our coffee program can create a profitable platform to operate from. In addition, with no franchise fees or royalties, you have the financial breathing room to launch your concept, making Hard Bean a clear alternative to joining a coffee shop franchise.
Join The Hard Bean Family
At Hard Bean, we provide everything you need to start a coffee shop without a franchise. Our mission is to help you get into your own independent coffee business at an affordable price.
To get started, you should have at least $50,000 in liquid capital, a net worth of at least $250,000, and feel confident financing more than $200,000.