What is the cheapest coffee franchise?
The just love coffee cafe coffee franchise costs may be lower than you think. Our just love coffee cafe franchise investment is often lower in comparison to other coffee shop franchise costs, with the potential for growth and opportunity for our franchise owners. Your first location’s franchise fee is only $39,000. The average licensing cost required to open a starbucks is a $315,000 licensing fee and a net worth requirement of at least $700,000.
Who is Starbucks’ biggest competitor?
Key competitors include Dunkin’ Donuts and McDonald’s. Starbucks also faces competition when it comes to coffee products available for purchase outside of brick-and-mortar cafes from brands like Nespresso, Folgers, Keurig, and Maxwell House. Starbucks, Luckin Coffee and Dunkin’ are the three largest coffee companies in the world, respectively. The largest coffee houses typically have substantial supply-chain relations with the world’s major coffee-producing countries.