Curious to know how much does a Biggby Coffee Franchise owner makes? Well, you are at the right place.
Here, we will discuss some important aspects related to the Biggby Coffee Franchise, its profitability, and whether buying this Fitness franchise is worth it or not. So, let’s begin.
What Is Biggby Coffee?
Biggby Coffee house is USA based coffeehouse chain that was founded by Bob Fish and Mike in 1995.
After a few years of establishment, they started offering franchises, and now it has more than 243 units across the U.S. The business model of the Biggy Coffee franchise is very flexible, and they never require prior experience from the candidates.
But he/she will have to arrange the investment amount on their own as there is no financial support provided by the franchisors.
Apart from this, Biggby provides a training program and different kinds of support to franchisees before commencing the business.
Read: Caribou Coffee Franchise
Also Read: Dutch Bros Franchise
How Much Does A Biggby Coffee Franchise Owner Make?
As per records, Biggby Coffee generates more than $141 million through its sales annually. Biggby Coffee never releases any data related to the individual franchise owner’s profit.
However, we calculated the Biggby Coffee franchise owner’s profit based on its annual sales and outlets. So, the average profit amount that we arrived at is around $58,024.
However, this data is not exact. There is a possibility that an individual franchise owner can make more than or less than this amount.
How Much Does A Biggby Coffee Employee Earn?
Biggby Coffee employees’ hourly rate ranges from $10.19 to $13.48 an hour. However, employees’ hourly rate varies depending on their position.
An employee of Biggby Coffee with the job title- of Barista can earn an average of $10.11 hourly. While other employees, like the Manager, can earn an average rate of $16.09 hourly.
What Is Biggby Coffee Known For?
Biggby is a coffeehouse that serves a wide variety of coffee. The rate of Biggby is a little more expensive as compared to other competitors, but the taste that it offers is excellent and matchless.
Moreover, they have many different and new high-quality flavors, and a customer can customize their drink as per their mood.
There are many popular items of Biggby Coffee; let’s have a look at them:
- Neapolitan latte
- Butter Bear latte
- Snickerdooble latte
- Earl Grey Tea Latte
- Banana split crème freeze
- Cotton candy latte
- Sweet tooth special latte
- Wild Zebra latte
- Chocolate chip cookie crème freeze
Pros & Cons Of Biggby Franchise
Pros Of Biggby Franchise
- Provide training and support
- Expanded menu
- Demanding niche
- Less requirement
- Flexible business model
Cons Of Biggby Franchise
- Profitability is less
- Higher competition
- No finance option is available
- Some obligations and restriction
Is Biggby Franchise Profitable?
As per our research, the profitability of Biggby is not good at all because of the high level of competition and also because it is a little more expensive than other coffee places. There are many reasons behind the low profitability.
However, as per Biggby, they are making a good amount of profit, but they never revealed any data related to the profitability of their franchise owners. In contrast, we checked the sales of Biggby, which is neither good nor bad.
This brings us to state they are making a decent amount of profit, but it can’t make you rich.
Also, the profit varies in different locations; there are some units that have good sales, but others can’t match the exact ratio of the sales.
To conclude, it was difficult to measure the exact profitability of the Biggby franchise. We suggest that before buying this franchise, ask for Franchise Disclosure Document, in which you will find every important detail.
As we discussed above, Biggy Coffee offers a franchise opportunity to entrepreneurs without any prior experience. The policies for buying the Biggby franchise are neither flexible nor rigid.
You can easily apply for this franchise. The panel of the Biggby franchise reviews your application and then gets back to you with approval.
The only thing you require to open a Biggby franchise is the cost of investment. And the cost of investment is a bit high, and there is no financial support from the Franchisors.
Also, they never allow third-party financing. So, the candidate has to arrange the capital on their own. Moreover, the profitability is also not good, and it can’t make you rich.
But there is a chance that in the future, Biggby will make good amounts of profit because it is a recognized brand and is in an ever-green demanding niche.
Frequently Asked Question
How many Biggby Coffee franchises are there?
Biggby Coffee has more than 243 outlets around the world.
What is the annual revenue of Biggby Coffee?
A Biggby Coffee owner makes approximately $141 Million annually.
How much does it cost to buy the Biggby Coffee franchisee?
An initial investment required to open a Biggby Coffee franchise is $189,550-$378,600.
Amit Gupta is the founder of DrFranchises – a digital marketing agency that helps brands rank #1 on Google Maps through local SEO strategies. Amit has over 11 years of experience in digital marketing, SEO, email marketing, and social media marketing. He’s also the owner of multiple franchises and has helped countless brands achieve success online. When he’s not working, Amit can be found playing with his dog.