Saw this informative article about how coffee drinks franchiser Seattle's Best is seeking new franchisees to expand its franchise system.Seattle's Best Coffee, which is owned by coffee giant Starbucks by the way, is seeking entrepreneurs and current franchise owners who want to open either a coffee Kiosk or cafe style unit that typically cost between $100k to $500k. The article notes that food franchises typically have profit margins of 10 to 15%, but that coffee franchise businesses can be as high as 20% because coffee drinks are mostly water.
Seattle's Best Coffee currently has about 55o locations, but only a few dozen are independent franchise owners according to the article.
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