How Much Does a PJ’s Coffee Franchise Cost?
PJ’s Coffee is a popular coffee franchise with dozens of locations around the United States. But how much does it cost to become an owner of a PJ’s Coffee shop?
The franchisor, PJ’s Coffee, requires all prospective franchisees to pay an initial franchise fee of $35,000. The upfront cost covers the use of the company logo, brand, and business support.
Real Estate and Construction
Once the franchise fee is paid, franchisees will be responsible for finding a suitable place to operate and lease or buy the necessary real estate. Depending on the size and location, the cost of the real estate can range anywhere from $100,000-$250,000.
Additionally, depending on the shop’s size, an additional estimated $100,000-$150,000 will be necessary to complete any necessary construction to the site.
Furnishings and Equipment
Franchisees will need to outfit their PJ’s Coffee location with the necessary equipment and furniture necessary to serve coffee and other beverages, as well as any food items. Depending on the size of the shop, the furniture and fixtures can range from $50,000-$100,000.
Equipment costs can range anywhere from $25,000-$100,000 depending on the complexity of the coffee shop.
Franchisees can expect to invest between $5,000 and $15,000 in the initial inventory necessary to open their location and fulfill customer orders.
Franchisees will need to acquire the necessary permits, licenses and insurance necessary to operate a PJ’s Coffee. They may also be required to pay for any additional training programs necessary for new employees.
In total, prospective PJ’s Coffee franchisees can expect their investments to range from $235,000-$500,000.
It’s important to note that this is just the estimated cost for opening a PJ’s Coffee. Other costs may be applicable and vary by location.