If you’re looking for a way to escape the monotonous grind of the 9-5 corporate world, one of the best options could be buying into an affordable coffee franchise.
The average American drinks four cups of coffee daily, and they pay an average of $3.48 per cup. With an average cost of under 50 cents for each cup, the coffee business has an enormous profit opportunity.
We selected three cheap coffee franchises that you can start for under $25,000 to dive into your entrepreneurial journey.
Java Dave’s is a full-service coffee franchise that offers a simple, turn-key option for starting your own coffee shop. The company offers a complete line of coffee products, including beans roasted by Java Dave himself.
Java Dave’s offers three different licensing packages, and each will allow you to benefit from their years of experience developing flavorful recipes and distribution options. Packages range in price from a $499.95 entry-level option to their $3,495 package that includes one day of training. Other than the package, the minimum overall franchise fee is $499.95.
The company is currently accepting applications in nearly every state, and they also provide helpful information on options and pricing for the equipment you will need to purchase, so you get a better idea of what you’re getting into.
Rich Barista is a coffee vending franchise opportunity that allows you to purchase the vending machine and your initial product from the company, and then run your own business as you see fit from there. Because it is a vending machine setup, the time investment required will be much lower than a traditional coffee shop.
The initial cash investment required is $20,000, which includes everything you will need to get your vending machine up and running and includes plenty of training so you can make money from day one.
The Caffeine Dream is another coffee vending opportunity that offers low start-up costs, high profit potential, machinery that’s easy to operate, and compatibility with most major coffee brands.
In addition to providing information on machines and sourcing coffee, franchisees are also provided with extensive training to assist them in finding the best high-traffic locations to place their machines.
The initial liquid capital investment is $25,000, which can include machinery and training, depending on the package level that you choose. Whether you want a single machine or 100, The Caffeine Dream offers packages suitable for any budget.
Looking for a stylish, yet functional coffee vending machine franchise? Java Brew Collection is a coffee vending machine franchise that brings specialty coffee options to offices, retail businesses, and hotels and restaurants.
Java Brew Collection will provide you with the training that you need and the machinery, which three types to choose from.
Take the Next Step
If you’re interested in investing in a cheap coffee franchise, Unsecured Funding Source (UFS) can provide various types of unsecured loans and lines of credit that are perfect for franchises under $100k. With rates as low as 5.99% and a simple application process that allows pre-approval in as little as four hours, UFS can help you open your franchise coffee shop in no time.
Apply for an unsecured loan from UFS in minutes and get an answer in hours with no impact on your credit score.