Description
Сosta coffee franchise. Brand history. Franchise cost.
The popular network of Сosta cafes began its activities in 1971. And a few years later it began its franchising business. Eventually, the company grew and became a huge network of coffee shops. At the moment, it is part of the Coca-Cola Company. The founders of the network were two brothers Bruno and Sergio Costa, eventually Sergio bought his share of the business from his brother and began to run the company, and later sold it himself, but the name remained.
The Coca-Cola Company bought the Сosta chain in 2019 after coffee shops around the world began to be actively built and the network expanded significantly. It was after 2019 that this network was recognized as the best of its kind in the world. Today, there are almost 4,000 outlets in the world that sell coffee and other products under the Сosta brand.
Now this brand is the main competitor of another well-known network that sells coffee – Starbucks. However, it must be said that the network management needs significant investments from the future partner. For example, to get a Сosta franchise, you need to have an investment of $ 250,000, and in the future you will need to invest more than $ 800,000. This money cannot be borrowed, it must be in your account.
To apply for a franchise, you need to contact the management of the corporation through their official website, and then fill out a form where you need to provide your details. After you fill in all the profile data, you will be contacted by company representatives and will be interviewed.
Franchise cost:
- Availability of equity – 250 thousand dollars in the first stage.
- Entrance fee – 12 thousand dollars.
- Payment for brand advertising – 2%.
- The minimum number of employees is 5 people.
- The payback period is at least 24 months.
- The total investment is about 1-2 million.
In addition, the leaders of the corporation allow you to buy a franchise and open their restaurant only in cities with a population of over 500 thousand people. If you want to buy a franchise Сosta or another brand, then our experts will be happy to help you in choosing a franchise, or a ready-made business, implementation and project management.
Сosta franchise: The information is taken for review from open sources and may differ from the official ones. The terms and conditions can be found on the company’s website: https://www.costa.co.uk.
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