Coffee Turns ‘Bro-istas’ Into Franchisees. What began as a two-man push cart has grown into a seven-state, $150 million coffee empire, thanks to Travis Boersma and his brother, Dane.
According to the Dutch Brothers Website, new franchisee applicants must have a net worth of at least $500,000, including $125,000 in cash. There’s a $30,000 franchise fee up front, and after that royalty fees are 5 percent of gross sales or $1,300 a month—whichever is greater.
Beside this, How much does a Dutch Bros owner make?
Dutch Bros source coffee and supplies direct from the growers around the world, distributes, roasts, and packages all within their global ecosystem. This leaves the average profit for a Dutch Bros store owner at an estimated $124,000 annually.
Likewise, Who is the owner of Dutch Bros?
Travis Boersma
Also, How much does the CEO of Dutch Bros make?
What is Travis Boersma salary? Boersma blends in seamlessly with the young franchisees, and is often clad in casual beachwear and Dutch Bros. memorabilia. Despite his great success, he pays himself a salary comparable to that of his franchisees, at $350,000.
Can you buy a Dutch Bros franchise?
Currently, Dutch Bros. Coffee is only offering franchising opportunities to existing employees. Dutch Bros. cites a desire to grow only with people who have demonstrated a commitment to the company and its values.
23 Related Question Answers Found
Who is Dutch Bros owned by?
Travis Boersma
How much does it cost to buy a Dutch Bros?
In the two previous rankings Dutch Bros. was rated among the top ten companies that require franchisees to invest between $150,000 and $500,000.
How much money does Dutch Bros make a year?
Last Year, Dutch Bros. served more than 23 million cups of coffee company-wide, with more than $46 million in gross sales.
How much does a Dutch Bros franchise owner make?
This leaves the average profit for a Dutch Bros store owner at an estimated $124,000 annually.
Where was Dutch Bros founded?
February 12, 1992, Grants Pass, OR
Who is the CEO of Dutch Bros?
Dutch Bros Coffee announces new CEO Dutch Bros Coffee co-founder Travis Boersma will hand off his duties as CEO to the chain’s president Joth Ricci. The company announced the change on LinkedIn Thursday. “This move just makes sense,” Boersma said in the post.
How much does a Dutch Bros franchise make?
Owing to the above factors, it is estimated that each Dutch Bros Franchise store generates $570 – $650K total revenue depending on location. Dutch Bros source coffee and supplies direct from the growers around the world, distributes, roasts, and packages all within their global ecosystem.
Who makes more money Starbucks or Dutch Bros?
Starbucks is Dutch Bros’s #3 rival. … Starbucks generates 5,792% the revenue of Dutch Bros.
What does a Dutch Brothers franchise cost?
According to the Dutch Bros. Web site, new franchisee applicants must have a net worth of at least $500,000, including $125,000 in cash. There’s a $30,000 franchise fee up front, and after that royalty fees are 5 percent of gross sales or $1,300 a month—whichever is greater.
Where is Dutch Bros based?
Grants Pass
How much does it cost to own a Dutch Bros?
According to the Dutch Bros. Web site, new franchisee applicants must have a net worth of at least $500,000, including $125,000 in cash. There’s a $30,000 franchise fee up front, and after that royalty fees are 5 percent of gross sales or $1,300 a month—whichever is greater.
How much does Dutch Bros pay an hour in Colorado?
Average Dutch Bros Coffee hourly pay ranges from approximately $10.01 per hour for Barista to $23.40 per hour for Leasing Manager.
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