Are you longing to get into coffee business? Especially Starbucks? How much does a Starbucks franchise cost? Starbucks is said to be the biggest coffeehouse on earth. There are without a doubt millions of fans for their spellbinding drinks. Their drinks vary from cappuccino, latte, espresso, Frappuccino and others. This store caters and serves elite coffee choices to coffee lovers around the world.
Are you worried over Starbucks franchise price? This article will serve you all the necessary information regarding Starbucks franchise.
First and foremost the bad news is that Starbucks doesn’t provide franchising opportunities. They are basically stand-alone cafes. And they have turned down the idea of franchising their store.
Starbucks Licensed Store:
Don’t worry because there is another way to associate business with this coffee retailer. They provide Starbucks licensed store. As they can have more command over the management of their stores, brand name as well as supplies. It should be noted that the licensed store is in fact belongs to Starbucks. As a matter of fact you are not the owner as in franchising. But you are taking the brand for rent. By paying a certain amount.
Cost of Starbucks Licensed Store:
Now let’s look into Starbucks franchise cost. Better said Starbucks license cost. In order to open a licensed store, you have to pay approximately around $315,000. Starbucks has over 10,000 outlets worldwide. Of which around 4,400 are licensed stores. Visit their website for further details on how to obtain their licensed stores.
Other Affordable Choices:
For your information there are many affordable franchising choices other than Starbucks. Uncle Fluffy Franchise for instance. We at Uncle Fluffy love to see start-ups and budding entrepreneurs succeed. Uncle Fluffy franchise fee is around $30,000 to $50,000. Other than that the minimum cash requirement to obtain Gloria Jean’s Coffees franchise or Michel’s Patisserie franchise is $150,000 each.