Today 21 November
Updated 13 august 2020

Franchise Sweetwaters Coffee & Tea

Investments

$260,000

Request Info

Short information

$260,000

$260,000

Investments

$200,000

$200,000

Minimum Cash

16

16

Wishing to buy

1993

1993

Year Brand Started

2004

2004

Year Franchising Started

Franchise Sweetwaters Coffee & Tea

Investments

$260,000

Franchise Fee

$49,500

Short information

1993

Year Brand Started

2004

Year Franchising Started

About Franchise

Live the Sweet Life. Franchise with Us.

The only thing better than your favorite Sweetwaters location is living the Sweetwaters lifestyle. If you are a caring, fun-loving individual with a passion for community and a knack for managing young talent, we’re talking to you. Opening a Sweetwaters franchise of your own puts you in the driver’s seat to owning your own business and creating a meaningful place for people to study, relax, and connect.

A Legacy of Success

Sweetwaters Coffee & Tea was founded in 1993 by Lisa and Wei Bee in Ann Arbor, MI. Both Lisa and Wei grew up in families that owned restaurants. They witnessed firsthand not only the benefits of business ownership, but also the challenges of operating a full-service restaurant. At Sweetwaters, we have spent nearly 25 years continually developing and refining a semi-absentee business model that is far easier to operate than a full-service restaurant.

Why Sweetwaters Coffee & Tea?

We specialize in hand crafted artisanal drinks and a limited food menu, creating a café model that is highly profitable and scalable for its franchise owners. Sweetwaters provides affordable luxury to a loyal and diverse community of guests who establish a regular routine of frequenting their locations. We invite you to see how Sweetwaters has created a deliciously different and addictive café experience. We look forward to helping you capitalize on the fastest growing niche in the restaurant business!

Coffee & Tea Industry

While fast food businesses are growing at a rate of 2 percent each year, coffee shops grow more than 7 percent annually, making it the fastest growing niche in the restaurant industry. The US coffee shop industry includes more than 22,000 stores with combined annual revenue of about $12 billion.

Industry Characteristics

The coffee shop business is driven by a unique set of characteristics that are unmatched in business ownership. These attributes attract professional men and women to our business and become the foundation of our franchisees success:

54% of Americans drink coffee every day  40% of 18-24-year-olds drink specialty coffee
Multiple revenue streams Specialty tea is growing by 8-10% per year
Specialty coffee is growing by 7% per year Cash business with no receivables
Community involvement 40% of Americans drink tea every day
Habit forming product! Low investment

Role of a Sweetwater's Owner

Sweetwaters is about building a business, not buying a job! Our successful franchisees work on their business, not in the business. Your role as a Sweetwaters owner would be to run the business side of your café while leaving the day-to-day operations to your management team. This frees up your time to work with us to grow the brand, drive income, increase asset value and build wealth.

Please only submit if you meet the requirements of $200,000 minimum cash, $500,000 minimum net worth, and 700+ credit score.

If you are interested in creating the next Sweetwaters community in your area, please request more information below. 

Finance Information

Investments: $260,000 – $395,000

Franchise fee: $49,500

Royalty fee: 6%

Minimum Cash: $200,000

Net Worth: $500,000

Partner Requirements

Sweetwaters is looking for professional men and women with strong management and leadership skills, sound business and financial acumen, as well as a focus on customer service. If you possess these attributes, along with a strong desire to succeed, while having a positive impact on your community, we invite you to learn more by filling out the inquiry form.

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Training

Yes

SBA

Yes

Business Type

Franchise

Financing Assistance

Yes

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