Aroma Joe's
Food & Beverage Food Retail (Grocery, Specialty Foods)Company Information
Address
352 Warren Avenue, Suite 8, Portland, ME 04103
Website
Tel
Email
Franchise Summary
Description
You will offer specialty coffee, espresso, tea, energy drinks, and other beverages, pastries, donuts, muffins, and other baked food items from a full-service coffee shop and/or drive-thru kiosk.
Corporate Structure
AJF is a Florida limited liability company, formed on May 17, 2013 and doing business as "AROMA JOE’S." AJF has offered AROMA JOE’S franchises since its incorporation in 2013. AJF has never owned or conducted a business of the type offered to the franchisee. AJF was initially formed as a Delaware limited liability company and was converted to a Florida limited liability company as of April 1, 2018. The address of AJF is 352 Warren Ave, Suite 8, Portland, ME 04103. AJF’s agents for service of process are disclosed in Exhibit E. As of December 31, 2020, there were 73 open AROMA JOE’S coffee shops.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Food Retail (Grocery, Specialty Foods) Industry$890,820 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Employee Contact Database
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Distribution of Aroma Joe's Franchisees
Aroma Joe's Franchise System Development in 2021
FAQ
How much investment do I need to start my own Aroma Joe's business?
Franchisees typically require at least $586 to $1 investment to get their Aroma Joe's business started
What are the initial franchise fees for Aroma Joe's?
Franchisees typically need to pay at least $98 in fees directly to Aroma Joe's in order to earn the right to launch their business
How much money can I make with a Aroma Joe's franchise? What are
the average revenues for a typical Aroma Joe's business?
We estimate that the average revenue of an individual
Aroma Joe's unit is approximately
$890,820. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Aroma Joe's 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
$586,599 to $1,859,492
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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