Why Franchise with Caribou Coffee ? – Caribou Coffee offers great opportunities to US and non-US developers. Multi-unit area development agreements for well-qualified franchisees, and single-unit license opportunities for specialty concessions, retailers and institutions are available…..
Caribou Coffee Company, Inc., founded in 1992 and headquartered in Minneapolis, Minnesota, is the second largest company-owned gourmet coffeehouse operator in the United States based on the number of coffeehouses. As of June 29, 2008, Caribou Coffee had 490 coffeehouses, which includes 75 franchised locations. Caribou Coffee offers its customers high-quality gourmet coffee and espresso-based beverages, as well as specialty teas, baked goods, whole bean coffee, branded merchandise and related products. In addition, Caribou Coffee sells products to club stores, grocery stores, mass merchandisers, office coffee providers, airlines, hotels, sports and entertainment venues, college campuses and other commercial customers. In addition, Caribou Coffee licenses third parties to use the Caribou Coffee brand on quality food and merchandise items. Caribou Coffee focuses on creating a unique experience for customers through a combination of high-quality products, a comfortable and welcoming coffeehouse environment and a unique style of customer service.
As a Caribou Coffee franchisee, you’ll be:
Part of the nation’s second-largest specialty coffee company
Treating your guests to the finest, freshest coffee on the planet
Joining a world-class company supported by our outstanding training, operations, and marketing teams
We’re looking for highly qualified, passionate Caribou Coffee franchisee candidates to help us bring Caribou Coffee to markets throughout the world, who:
Live, work and have strong business connections in the area they wish to franchise
Have a proven track record of successful, multi-unit restaurant development in the area they wish to franchise
Have retail real estate development expertise in the area they wish to franchise
Have the infrastructure and resources to support our development schedule
Commit to a multi-unit development plan, with a minimum of 10 stores (Specific unit commitment will depend upon market area.)
Have the necessary financial resources to develop the Caribou Coffee brand. In general, we require:
$400,000 in net worth (individual or in partnership) per store
$100,000 in liquid assets (individual or in partnership) per store
If you meet these criteria, then the Caribou Coffee Company believes that you have what it takes to allow your Caribou coffee franchises to grow.
The minimum amount of Caribou coffee franchise locations that can be opened by any one franchisee is currently ten, though the Caribou Coffee Company is recommending unit sizes of as many as twenty, and while there are a number of markets where Caribou coffee business franchise are not available, any market area that does not currently have Caribou Coffee Cafes located in it are open for domestic Caribou coffee franchise opportunities.
Caribou coffee business franchise opportunities are also being offered in a number of international markets depending on region. While in South Korea, Kuwait, U.A.E., Jordan, Oman, Egypt, Bahrain, Qatar and Saudi Arabia are currently already under development, there are a number of countries and territories that are open for new and exciting Caribou coffee franchise location development.