Gloria Jean’s Gourmet Coffees Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Coffee shops are a great investment as many enjoy a cup of joe. But with many brands out there, it can be challenging to stand out from your competitors. Plus, it might be more expensive to start your own coffee shop business. It’s a good thing that franchises like Gloria Jean’s Gourmet Coffees can become your next franchise opportunity. Then, what makes the coffee shop franchise different from others?
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Table of Contents
Gloria Jean’s Gourmet Coffees Franchise Wiki
Gloria Jean Kvetko, the one who started it all, opened her first-ever location in Chicago in 1979. Since then, many have enjoyed the taste of her coffee. Even if the United States witnessed the coffee shop’s humble beginnings, Australia has also taken notice of it. In fact, Retail Food Group, an Australian company, owns Gloria Jean’s. The coffee shop opened its first Australian store in 1996.
Here’s what’s on the menu on any Gloria Jean’s location:
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- Specialty Hot Drinks (e.g., Café au Lait, Latte, Café Mocha)
- Favorite Over Ice Classics (e.g., Iced Coffee, Iced Mocha, Iced Cappuccino)
- Refreshing Fruit Chillers and Smoothies (e.g., Strawberry Chiller, Raspberry Chiller, Mango)
- Espresso Chillers (e.g., Mocha Voltage, Ultimate Chocolate, Ultimate Cookie Espresso)
- Specialty Bits and Pieces Chillers (e.g., Cookies and Cream, Coco Loco, White Caramel Cookie)
Gloria Jean’s has locations in North America, South America, Asia Pacific, Europe, and Africa.
Gloria Jean’s Gourmet Coffees Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Gloria Jean’s Gourmet Coffees Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Gloria Jean’s Gourmet Coffees Franchise Cost
Name of Fee | Low | High |
---|---|---|
Initial Franchise Fee | $7,500 | $15,000 |
Real Estate (Rent and Security Deposit) | $6,000 | $15,000 |
Leasehold Improvements | $60,000 | $215,000 |
Equipment, Furniture and Fixtures | $61,000 | $143,000 |
Signage | $5,000 | $20,000 |
Professional Design Fees | $5,000 | $10,000 |
Point of Sale System | $4,000 | $8,000 |
Initial Coffee Inventory | $2,400 | $6,000 |
Other Initial Inventory and Supplies | $4,500 | $6,500 |
Grand Opening Fee | $5,000 | $5,000 |
Training Expenses | $3,500 | $8,000 |
Miscellaneous Opening Costs | $5,000 | $12,500 |
Additional Funds (3 months) | $10,000 | $30,000 |
ESTIMATED TOTAL* | $178,900 | $494,000 |
Gloria Jean’s Gourmet Coffees Franchise Training Information
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The franchisor will hold an initial training period for the franchisees and a manager. However, if it’s an entity or a corporation, a managing owner (at least 10% interest) must undergo training. The location of the training could be held at a franchise store or a support center. Initial training includes the “Franchise Induction Program.” It lasts ten days and can be extended depending on the franchisee.
Besides that, there’s also the structured training program that takes at least a week to accomplish. There’s also field training, which depends on the franchisee’s knowledge of the classroom training.
Aside from the pre-opening training period, franchisees should also attend any conferences or other training programs required by the franchisor.
Gloria Jean’s Gourmet Coffees Franchise Territory
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A franchisee should only operate its store in the location the franchisor approved. There’s no exclusive territory, and franchisees should expect competition from other franchisees and other brands. If the store is in the street or not located in a mall, the franchisor will grant a protected territory to the franchisee. With this in mind, no other franchisees can operate a store nearby, and the franchisee will not open another franchise in the area.
Gloria Jean’s Gourmet Coffees Franchise Obligations and Term Agreements
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The franchisor requires franchisees or the managing owner to operate the store directly. Franchisees should have completed the required training program, regardless if they have managers to run the store or not. Managing owners should also know their obligations as written on the Franchise Agreement. If there’s a guarantor, their spouse should sign a Spouse’s Acknowledgment portion. However, if the spouse is also an owner, they must sign as a full guarantor instead.
The franchisor also expects franchisees to sell only allowed or permitted products.
Gloria Jean’s Gourmet Coffees Franchise Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Gloria Jean’s Gourmet Coffees Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For Gloria Jean’s Gourmet Coffees Franchise
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To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Gloria Jean’s Gourmet Coffees Franchise Contact details
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FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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