How Much Do Coffee Shops Make? A 2024 Outlook (2024)

How much do coffee shops make? Learn the latest statistics on coffee shop profit margins, coffee spending statistics, and coffee franchise success.

The coffee industry is booming in the U.S. Americans spend $301 million on coffee and related goods each day, and coffee tops water as the beverage of choice for people, according to the NationalCoffee Association (NCA). Total sales for leading global coffee cafe chains are up 16.5% over pre-pandemic performance.

Our nation has a love affair with coffee, and it’s a trend that’s showing no signs of slowing down. Consumer spending on coffee has shifted toward premium and specialty coffee experiences. Consumption of iced coffee is up 64% since January, and 30% of Americans had consumed flavored coffee in the past week, the NCA revealed. This trend toward quality over quantity presents a lucrative opportunity for coffee shop owners. By offering a high-quality coffee experience, you can tap into the growing segment of consumers willing to pay a premium for their daily caffeine fix.

In 2024, the potential for high coffee shop profit margins makes it an attractive foodservice investment. Profit margins are influenced by factors such as operational efficiency, cost control, and product pricing, and they’re typically higher than traditional restaurants. On average, revenue for a well-positioned coffee shop is 75%-80% of monthly sales.

How much do franchise owners make? The average annual income for a franchise owner with a business open for 2-10 years is $130,000, according to a survey of 35,000 franchisees across 375 leading brandsconducted by Franchise Business Review.

A coffee franchise, like Beans & Brews Coffeehouse, can provide a proven path to success with high earnings potential. Franchises benefit from brand recognition, established operational systems, and support from the franchisor, which can make it easier to get started than an independent coffee shop. To open a franchise, you’ll need to make an initial investment and pay ongoing royalty fees, but the high potential returns and reduced risk make coffee franchises an attractive option for many investors.

If you’re considering a venture into this caffeinated business, a franchise with Beans & Brews offers a blend of support, quality, and community that’s hard to beat. You can leverage our established reputation to build your own successful business. Here are some of the perks of our brand:

• High-altitude roasting: Beans & Brews has perfected the art of high-altitude roasting, creating a smooth and flavorful coffee that distinguishes it from competitors. Our proprietary roasting method enhances our coffee’s taste and appeals to consumers seeking a premium coffee experience.
• Comprehensive support: As a franchisee, you receive extensive support from the Beans & Brews team, covering everything from site selection and training to marketing and operational guidance. This support system is invaluable for navigating the complexities of the coffee shop business.
• Community focus: Our community-centric approach fosters customer loyalty and repeat business, key components of a successful coffee shop.
• Diverse revenue streams: Beyond traditional coffee offerings, Beans & Brews provides many products, including teas, energy drinks, and food. Our diverse menu allows you to serve multiple dayparts and increase revenue potential.

The initial investment to open a Beans & Brews location is $518,500 to $761,500 for our standalone model, which includes a franchise fee of $30,000. The average unit volume of the top 60% of our franchise locations is $883,000.*