Starbucks Franchise

Franchise History

It is possibly the most important coffee chain in the world. It was created in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker. Subsequently, Howard Schultz joined as director of retail operations and marketing. Howard wanted to establish a type of family cafeteria thanks to a trip he made to Italy in 1983, where he observed the tradition of these coffee shops.

2 years later, Schultz founded Il Giornale and began offering coffee products. In 1987, he bought Starbucks thanks to the help of local investors. During those years, it grew throughout North America, and since 1996, it expanded out of it by opening the first store in Japan. From that decade, it extends its range of services by offering a greater variety of products to all its customers.

  • Year Business Began: 1971.
  • Headquarters: Seattle, Washington, United States.
  • Estimated Number of Units: More than 30,000.
  • Number of Employees: More than 291,000.
  • Industry: Coffee

Potential

Starbucks is one of the most popular brands in the world due to the excellent coffee products and various types of drinks and food it offers. It has grown tremendously in less than 50 years, managing to open more than 30,000 stores worldwide with a solid network of more than 290,000 employees.

By 2020, it will eliminate plastic straws in all its stores and start using a lid specially designed for drinking without straws. Also, it will offer order and delivery services through Uber Eats from 2020 onwards.

Cost Information 

The brand does not grant franchises to individuals. The only way is that a company that has better accessibility than Starbucks in a particular area can acquire a license to open its store. The cost of a licensed store is approximately $ 315,000.

Profit Estimates

As stated earlier, Starbucks is not franchising, but there are individual stores that can generate revenue between $ 650,000 to $ 750,000, with annual earnings of $ 108,000 or more depending on the location.

Training & Support

You and your staff will receive training and preparation from the Starbucks comprehensive franchise program to run the business profitably. You will have support for site selection, marketing, advertising, new products, and more. Also, the brand provides advice and continuous consultations so that the franchisee is updated in administrative and business operations.

How to Apply for Starbucks Franchise ?

If you want to apply, you must enter the Starbucks website and request a licensed store.

https://www.starbuckcoffee.net/starbucks/how-to-open-starbucks/