FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
|Liquid Capital Required:||$50,000|
|Net Worth Required:||$250,000|
|Total Investment:||$190,000 - $300,000|
|Incorporated Name:||Hard Bean, LLC|
|Home Office:||Wyomissing, Pennsylvania|
About Hard Bean
Hard Bean is a coffee business that specializes in providing complete, turnkey packages to those interested in opening their very own café. Our cafés present a warm and welcoming atmosphere with specialty coffees, blended beverages, teas, and light breakfast and lunch options, seating roughly 40 people, and typically providing small meeting rooms for church groups, business meetings, and networking events. We are not a franchise operation, so there are no hard restrictions on business operations and no royalties to worry about.
Values & History
Our organization is motivated toward empowering our owners with a low-stress lifestyle that allows them to put their ideas and innovations to work serving their communities. Our owners pay a one-time fee to gain access to our vast network of product offerings while retaining full control over the operation and administration aspects of their business, with no franchise or royalty fees. Our mission is to help owners get into independent coffee businesses at an affordable price, and since our founding in 1992 we've delivered on that mission, helping over 100 locations get up and running.
Coffee shops in the United States reached a market size totaling more than $47.5 billion throughout the 2019 year, growing 3.3% over the previous year. As one of the most widely consumed beverages in the country, coffee represents serious income potential, with new and innovative methods for brewing and serving emerging all the time. Specialty drinks are increasingly popular, with cold brew coffee rising in popularity, valued at $321 million in 2017 and projected to top $1.37 billion by 2023.
Purchasing a Hard Bean Franchise
Hard Bean is a one-time buy-in operation, not a franchise. There are no royalties, no franchise fees, no ongoing expenditures of any kind, other than what each owner chooses to allot for their business. Start-up costs for a coffee shop business are relatively low, typically under $200,000 in total, and Hard Bean owners gain ongoing operational support from our vendors, co-branding options, and powerful buying co-op access.
Ideal Candidate & Qualifications
Prospective business owners looking for a flexible business model that will allow them to run their business in the style and manner they choose are our ideal candidates. Absentee owners and full-time owner-operators are welcome, and our owner-members come from a wide assortment of backgrounds. Management or leadership skills are ideal, and general business accounting and finance understanding are always helpful. Anyone who loves coffee and wants to take control of their financial and personal future is perfect for this business model.
Training & Support
Comprehensive training is provided under this opportunity, and our owners gain access to a variety of support options as a result of opening under the Hard Bean brand. Site selection assistance, café design and layout guidance, espresso and coffee brewing equipment, installation and warranty options, a powerful point-of-sale system, on-site training, and much, much more.