BIGGBY® COFFEE Named a Most Profitable Franchise of 2022 by Franchise Business Review
Posted on October 30, 2022
BIGGBY® COFFEE Is One of Just 50 Franchises to Be Recognized for Strong Financial Performance and High Franchisee Satisfaction Based on Research from Over 30,000 Franchise Owners
East Lansing, Michigan, October 5, 2022 – BIGGBY® COFFEE was identified by Franchise Business Review as one of just 50 franchise brands to be named an award-winning franchise in its 2022 report on the Most Profitable Franchises.
Franchise Business Review, a research firm that performs independent surveys of franchisee satisfaction, provides the only ratings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes annual rankings of the top franchises in its Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.
To identify the award-winning companies on the list of this year’s Most Profitable Franchises, Franchise Business Review analyzed data from over 30,000 franchise owners representing more than 300 brands regarding their overall satisfaction with their brand and their likelihood to recommend it to others. Other factors include annual income of franchise owners and minimum startup capital requirement.
“Owner satisfaction, profitability, and long-term return on your investment are three of the most critical factors anyone should consider before investing in any franchise business,” said Eric Stites, founder and CEO of Franchise Business Review. “If you take the time to do your research, you have a much better chance of finding a franchise that offers both a strong financial opportunity, as well as extremely high satisfaction among their franchise owners. Our goal is to provide an independent rating of franchise opportunities from the perspective of current franchisees. The companies on the list of the Most Profitable Franchises offer a better than average shot at growing your income and received the highest ratings on our independent franchisee satisfaction survey.”
BIGGBY® COFFEE’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.
Visit www.FranchiseBusinessReview.com to see the full description of the 2022 Most Profitable Franchises.
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About The BIGGBY® COFFEE Franchise
BIGGBY® COFFEE, based in East Lansing, Mich., was started with a single store on March 15, 1995. One year later, and on the cusp of opening a second location, Bob Fish and Michael McFall, on a handshake and $4,000, decided to franchise the concept. The brand’s cultural values of Make Friends, Have Fun, B Yourself and Share Great Coffee help coffee-lovers and the coffee-curious alike benefit from a less pretentious and fun approach to the standard gourmet cafe paradigm. Besides connoisseur-worthy drinks with names like Teddy Bear® and Caramel Marvel®, BIGGBY® COFFEE baristas provide a unique experience focused on brightening their customers’ day and supporting them in building a life they love. The “Big ‘B’” on the orange background caught on, and today BIGGBY® COFFEE has more than 300 cafes across many states including Michigan, Ohio, Indiana, Illinois, Idaho, North Carolina, South Carolina, Wisconsin, Kentucky and Florida.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures the satisfaction and engagement of franchisees and franchise employees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,200 leading franchise companies. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com. To read our publications, visit https://franchisebusinessreview.com/page/publications/.