Aroma Joe's Owners: How Much Profit Do They Make?

how much do aroma joe

Aroma Joe's provides a cost-effective franchise opportunity with an expected investment of at least $500,588, including a $25,000 franchise fee. The franchise fee is reduced to $12,500 for active military members and veterans with an honorable discharge. To become an Aroma Joe's franchisee, one must have at least $200,000 in liquid assets and a net worth of $350,000. With this investment, individuals can own and operate an Aroma Joe's coffee shop franchise, offering coffee lovers unique, handcrafted beverages and energy drinks.

Characteristics Values
Investment Expected investment of at least $500,588, including a $25,000 franchise fee
If you are an active member of the US military or a veteran with an honorable discharge, the franchise fee is $12,500
Financial criteria Requires at least $200,000 in liquid assets and a net worth of $350,000

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Investment details: $500,588, including a $25,000 franchise fee

Investing in an Aroma Joe's franchise requires a substantial financial commitment, with costs ranging from $284,000 to $1,046,500. The expected investment is at least $500,588, which includes a $25,000 franchise fee. This fee is payable as a lump sum when signing the Franchise Agreement. It's important to note that Aroma Joe's does offer a reduced franchise fee of $12,500 for active members or veterans of the United States military with an honourable discharge.

The investment range for an Aroma Joe's franchise is between $500,588 and $959,250. This range takes into account various expenses, including leasehold improvements, training expenses, store development, architectural and design fees, engineering/planning, and miscellaneous costs. Additionally, it is recommended to have adequate capital for the initial growth stage, which is crucial for any new business.

To become an Aroma Joe's franchisee, there are specific financial criteria that must be met. These include having at least $200,000 in liquid assets and a net worth of $350,000. These requirements demonstrate financial stability and the ability to support the business through its early stages and potential challenges.

The franchise fee grants you the license to operate a business under the Aroma Joe's name and provides access to their established brand, comprehensive training programs, and ongoing support. As a franchisee, you will also be required to contribute to advertising funds and pay royalties on a percentage of your total gross sales. These ongoing fees ensure continuous support from Aroma Joe's in various areas, including operational assistance, brand management, and development initiatives.

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Financial criteria: $200,000 liquid assets and $350,000 net worth

To become an Aroma Joe's franchisee, you must meet certain financial criteria. This includes having at least $200,000 in liquid assets and a net worth of $350,000. These requirements are in place to ensure that potential franchisees have the necessary financial resources to invest in the business and support its initial growth stage.

The expected investment for an Aroma Joe's franchise is at least $500,588, which includes a franchise fee of $25,000. This fee can be reduced to $12,500 if you are an active member of the military or a veteran with an honourable discharge. The investment covers the cost of establishing and operating the franchise, including expenses such as equipment, inventory, and marketing.

Aroma Joe's is a drive-thru-centric coffee franchise based in Portland, Maine, offering a cost-effective franchise opportunity. The company seeks individuals passionate about coffee, energy drinks, and handcrafted beverages who are committed to investing their time and effort in running the business.

As a franchisee, you will have access to training and support from the company, tailored to both seasoned entrepreneurs and new investors. The brand also offers the advantage of a small-format store concept, with locations averaging 800 to 850 square feet, resulting in lower upfront costs compared to larger stores.

With an average unit volume of $525,000, Aroma Joe's franchisees can expect strong sales performance. The brand's focus on drive-thru service and its positioning between Dunkin' and Starbucks contribute to its attractive economics.

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Training and support: Tailored for both seasoned entrepreneurs and potential investors with no prior experience

Aroma Joe's offers a comprehensive training program designed to prepare new franchisees for success. The program covers a wide range of topics, including coffee brewing techniques, customer service, business operations, and marketing strategies. With over 70 hours of in-store and classroom training, franchisees and their managers will be equipped with the knowledge and skills needed to thrive.

The company also provides multiple pathways of support before and after the opening of the franchisee's business. This includes market location research and assistance in selecting the optimal location, as well as a dedicated team to help create an efficient and effective store design.

Aroma Joe's is committed to providing support to franchisees at every step of their journey. The company offers general operational support, assistance with purchasing, inventory and supply chain logistics, and access to an in-house research and development team dedicated to new product development and optimization. Franchisees can also take advantage of continuing education to stay informed about industry standards.

The brand's development and educational programs are tailored to both skilled entrepreneurs and those with no prior experience. The Fueling Up Success (FUS) certificate program, for instance, offers employees the chance to further their careers through business and entrepreneurship courses.

Aroma Joe's also provides an operations manual with exclusive best practices and brand secrets, which are constantly updated. This ensures that franchisees have a readily accessible source of reference information.

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Franchise fee reduction: $12,500 for military members and veterans with honourable discharges

Aroma Joe's is a coffee shop franchise that offers a cost-effective franchise opportunity with an expected investment of at least $500,588, including a franchise fee of $25,000. The company is looking to partner with individuals interested in owning and operating a coffee shop franchise and who are committed to investing their time and effort in running the business.

The franchise fee is reduced to $12,500 for active members of the United States military or veterans with an honorable discharge. This is a discount of $12,500, or 50%.

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Location: Opportunities in 12 US states, from Maine to Florida

Aroma Joe's is a local franchise that sources its coffee beans from around the world. The company was founded on positivity and passion, with a focus on customer experience and community engagement. The franchise offers handcrafted coffee and energy drinks, ethically sourced and sustainably grown coffee beans, and multiple revenue sources from an expanding menu. With over 100 locations across eight states, Aroma Joe's is expanding outside of its traditional New England roots, stretching from its headquarters in Maine down to Florida.

The company offers a cost-effective franchise opportunity with an expected investment of at least $500,588, including a $25,000 franchise fee. Military members and honorably discharged veterans are eligible for a discounted franchise fee of $12,500. The franchise requires a minimum of $200,000 in liquid assets and a net worth of $350,000.

Aroma Joe's is currently offering franchise opportunities in 12 US states, including Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, Connecticut, New Jersey, Pennsylvania, West Virginia, North Carolina, South Carolina, and Georgia. With a loyal following and a rapidly growing brand, Aroma Joe's provides a unique opportunity for individuals to own and operate a coffee shop franchise, impacting their communities positively.

If you are interested in bringing an Aroma Joe's franchise to your community, the company website outlines the steps to coffee franchise ownership. These steps include completing an application, an introduction call, an FDD review, brand discovery, and franchise agreements.

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