What Does It Cost to Open a PJ’s Coffee Franchise?
PJ’s Coffee is a coffee shop franchise specializing in organic coffee and coffee-based drinks. From cafe mochas to cold brew coffees, PJ’s Coffee offers a full selection of coffee beverages. If you are looking to become a franchisee of PJ’s Coffee, one of the first questions you’ll want to ask is how much it costs to open a franchise.
Franchise Fee
The franchise fee for a PJ’s Coffee franchise is $30,000. This fee is a one-time fee that is paid to the franchisor in order to secure the franchise rights.
Investment Costs
The total investment cost to open a PJ’s Coffee franchise can range from $196,233 to $556,633. This cost includes the franchise fee, regional advertising and local store marketing, insurance, technology, supplies, legal and accounting fees, miscellaneous fees and opening inventory.
Ongoing Fees
In addition to the upfront investment costs, there are ongoing fees associated with running a PJ’s Coffee franchise. This includes a royalty fee of 5% of gross sales, a 2% brand advertising fee and additional fees such as local store marketing.
Bottom Line
Opening a PJ’s Coffee franchise requires an upfront franchise fee of $30,000, as well as an investment cost of $196,233 to $556,633. There are also ongoing fees that must be paid, such as the royalty fee and the brand advertising fee.
If you are looking to become a franchisee of PJ’s Coffee, it is important to be aware of the costs associated with opening a franchise. For more information about the specific costs of opening a franchise, you can contact the franchisor directly.
