Franchimp Summary Rating
Higher than 73% of peers
Franchise Summary
Description
The franchise is for an espresso bar that offers coffee, coffee- and espresso-based beverages,other non-alcoholic and alcoholic beverages, and a variety of food items (“Aroma Espresso Bar” or “Espresso Bar”).
Company Background
Aroma Espresso Bar is a fast-casual coffee and espresso bar with locations in the United States. We offer a wide variety of coffees, teas, espresso drinks, alcoholic beverages and food items that are specially designed to compliment our high quality coffee beans. Our mission is to provide delicious products made from fresh ingredients combined with friendly service for all customers.
Franchise Opportunity
Owning and running a successful espresso bar can be difficult. You need to have a deep understanding of the coffee brewing process, as well as the ability to create delicious espresso-based drinks. Not only do you need to be an expert on coffee, but you also need to be able to run a business. This includes managing inventory, hiring and training staff, and creating a menu that appeals to your customers. Aroma Espresso Bar is here to help. We offer all the training and support you need to open and operate your own espresso bar. Plus, our extensive menu offers something for everyone.
Corporate Structure
We were incorporated in New York on January 5, 2010. Our principal business address is 20920 W Dixie Hwy, Aventura, FL 33180. We are a wholly owned subsidiary of our direct parent Aroma USA, Inc., a Delaware corporation formed on July 27, 2005 (“Aroma USA”). Aroma USA shares our principal business address. From March 2, 2007 until January 1, 2010, Aroma USA offered the franchises that are offered by this disclosure document. Aroma USA has never offered franchises in any other line of business and is not engaged in any other business activity.
Investment and Franchisee Fees
The total investment necessary to begin operation of an Aroma Espresso Bar ranges from $537,500 to $1,500,000. These totals include approximately $65,000 to $70,000 that must be paid to us or our affiliates. If you sign a Development Agreement, you must pay us a non refundable development fee equal to thirty percent (30%) of the initial franchise fee (currently, $55,000) for each Aroma Espresso Bar (minimum of 1) to be established under the Development Agreement. When you sign each Franchise Agreement, the allocable portion of the development fee is credited against the initial franchise fee that is due.
Distribution of Aroma Espresso Bar Franchisees
Aroma Espresso Bar Franchise System Development in 2020
FAQ
How much investment do I need to start my own Aroma Espresso Bar business?
Franchisees typically require at least $537 to $1 investment to get their Aroma Espresso Bar business started
What are the initial franchise fees for Aroma Espresso Bar?
Franchisees typically need to pay at least $65 in fees directly to Aroma Espresso Bar in order to earn the right to launch their business
How much money can I make with a Aroma Espresso Bar franchise? What are
the average revenues for a typical Aroma Espresso Bar business?
We haven’t done the math on how much revenue a typical
Aroma Espresso Bar brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Aroma Espresso Bar to generate a similar amount
How long do I need to commit to running a Aroma Espresso Bar unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$513,394 to $880,343
which is
Much Higher
than the $0 to $0 average in the Food Retail (Grocery, Specialty Foods) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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