Have you been toying with the idea of opening a PJ’s Coffee franchise? Be sure to learn about the positives and negatives before you make a decision.
Owning a PJ’s Coffee Franchise: What You Need to Know
In your search for the right coffee franchise investment opportunity, you may have heard of PJ’s Coffee. The well-known coffee shop franchise was founded in 1979 and is based in New Orleans. According to Entrepreneur Magazine, PJ’s Coffee has been in the franchising business since 1989; as of 2022 there were 142 units. The PJ’s franchise is known for its coffee, tea, pastries, and sandwiches. They specialize in cold drip coffee.
Some pros of franchising with PJ’s Coffee include the support they offer franchisees. Entrepreneur reports that support like site evaluation, lease procurement, training and education, marketing and promotions help set new franchisees up for opening day success.
As with any franchise opportunity, there can be cons; the PJ’s Coffee franchise cost may deter some potential franchisees. You’ll need available cash of $150,000 to qualify to become a franchisee. PJ’s Coffee’s website describes an initial franchise fee of between $25,000 and $35,000. Ongoing expenses include royalties of 5% and ad royalties of 2%. To own a PJ’s franchise, your initial investment could run between $206,875 and $1,024,000.
Coffee Franchise Alternatives to Consider
Looking for franchise alternatives to owning a PJ’s Coffee is good homework since the coffee industry is booming. According to Statista, the U.S. coffee market is $95.58 billion in 2023, with annual growth of 3.51% (CAGR 2023-2025). By 2025, 89% of coffee spending will take place outside of the home. In other words, it’s a great time to invest in a coffee franchise.
Here are some options according to Entrepreneur Magazine you might wish to research further:
- The Human Bean: Founded in 1998 in Ashland, Oregon, this coffee franchise has 135 units and treats their franchisees as part of a team working toward brand prosperity. Franchising since 2002, the initial franchise fee is $30,000 and the initial investments is $386,350-$937,970.
- Ziggi’s Coffee: Based in Colorado, Ziggi’s Coffee opened in 2004 and has been franchising since 2016. Their 47 units are proud to nurture community as this newer brand grows nationally. Their initial fee is $40,000 with a total initial investment of $386,000-$1,486,000.
Beans & Brews Coffeehouse: Your Best Coffee Franchise Opportunity
Also mentioned in Entrepreneur as a top coffee franchise opportunity is Beans & Brews Coffeehouse. Let’s explore why.
Beans & Brews is set apart from our competition by our delicious, high-altitude, mountain-roasted coffee. We offer franchisees multiple dayparts including breakfast, lunch, and snack time. Our simple menu uses high-quality ingredients and has high-profit margins with items like croissant sandwiches, avocado toast, bagels, coffee favorites, energy drinks, teas, and kids’ drinks.
We work with franchisees to select the build-out that works for your business goals and your community’s needs. Our standard design includes a drive-thru and a lobby. We believe people need a place to gather, be it to study, relax, meet an old friend, or make a new one.
If you’re an adventurous person with a passion for leadership and the Beans & Brews brand, we have plenty of opportunities for you. Our ideal franchise candidate has a $275,000 minimum investment capital for 2-3 units. Our franchise fee is $30,000 for your first store, $20,000 for your second, and $15,000 for each subsequent store. In other words, the more Beans you buy, the better the deal. The cost to develop a Beans & Brews Coffeehouse is $400,000-$647,000, which is lower than some of our competition.
Our franchise process to ownership begins with your interest and, if we’re a good fit for each other, ends with our leadership team providing you with a franchise agreement to sign. We’ll guide you through site selection, store design, training, marketing assistance, store set-up, and opening day. You and your staff will be ready to greet your community in your new Beans & Brews Coffeehouse.
Want to know more? Learn how to get started in the coffee franchise business today with Beans & Brews Coffeehouse.
