BEANER’S COFFEE HITS 100
| News - Gourmet Coffee | |
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BEANER’S COFFEE, a Lansing-based coffee house franchise, has officially passed the 100 store mark with 105 franchises sold. A total of 48 stores are currently open and 57 are under contract to open. The store locations range from Michigan to Florida; BEANER’S will occupy nine states. Interest in the franchise has continued to grow and franchise sales have increased by 117% this first quarter compared to last year’s first quarter.
“As we open more stores, awareness of our brand has broadened and so has interest,” said Tony Ziegler, Director of Franchise Development. “After all 100 stores are open; we expect to double in units very quickly.”
Existing stores are benefiting from this growth, also. Average same store sales for stores open over 13 months grew 22% compared to last year’s first quarter. Overall, average system-wide sales grew 55% from last year’s first quarter.
BEANER’S has opened six stores this year and plans to open 19 more by the end of 2006. There currently are franchises in six states, including 35 in Michigan, nine in Ohio, and stores in Indiana, Wisconsin, Alabama and South Carolina. The company plans to continue its rapid expansion in the Midwest and South this year.
About BEANER’S COFFEE
BEANER’S® COFFEE was created in March of 1995 in East Lansing, Mich. and began franchising in 1999. The homegrown phenomenon continues to expand, fueled by franchising and acquisitions throughout the Midwest. 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. |
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