17 Stores Opened and 44 Franchises Sold
| News - Coffee Shop Franchises | |
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BEANER’S COFFEE, a Lansing-based coffee house franchise, had a record-breaking year in 2005. System-wide gross sales grew more than 35% and 44 franchises were sold, including its first franchises in Florida, Illinois and Wisconsin. . BEANER’S opened 17 new stores this past year bringing the total number of units to 42. The franchise now has stores open in six states, including Michigan, Indiana, Ohio, Alabama, South Carolina and Wisconsin. BEANER’S specializes in gourmet coffee and fine teas. The fun and energetic coffee house features more than 30 specialty coffee, tea and frozen drinks. Each day, the store brews six special coffees, and carries a broad selection of pastries, fruit, soups and sandwiches.
“Since the beginning of 2005, we have been the fastest growing coffee franchise in the state of Michigan,” said Tony Ziegler, Director of Franchise Development. “Now at the beginning of 2006, we have opened stores in five other states and have plans to add two more states to our list.”
Besides expanding in franchise units, BEANER’S system-wide same store sales are continuing to grow each year. Same store revenue ranged from $350,000 to $1 million, with an average of $568,000. This proved to be a significant increase in same store revenue, which rose more than 14% from the year 2004.
BEANER’S finished off the year with $15 million in total sales, which yielded a 36% increase from the year 2004 to 2005. Global Orange Development, LLC, BEANER’S franchising company, credits this increase to store openings and enhanced merchandise offerings. The franchise company plans to maintain its momentum by opening 25 franchise units and company units.
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