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The average cost to license a Starbucks store is $315,000. You’ll also need $700,000 in liquid assets to be considered. What Is the Concept Behind Licensing Instead of Franchising?
Third-party logistics has become an increasingly more popular franchise opportunity due to the quickly growing transportation industry [73] and low cost franchising. In 2012, Inc. Magazine ranked three logistics and transportation companies in the top 100 fastest growing companies in the annual Inc. 5000 rankings.
Tata Starbucks owned and operated Starbucks outlets in India as Starbucks Coffee "A Tata Alliance". [214] Starbucks opened its first store in India in Mumbai on October 19, 2012. [215] [216] [217] On February 1, 2013, Starbucks opened its first store in Ho Chi Minh City, Vietnam, [218] [219] [220] and its first location in Hanoi in July 2014. [221]
The Franchise 500 is an annual ranking of the top 500 franchising companies in the U.S. and Canada, compiled by Entrepreneur magazine through a submission and review process. [1] The ranking is based on an evaluation of each company's costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. [ 2 ]
The average cost to license a Starbucks store is $315,000. You’ll also need $700,000 in liquid assets to be considered. Take Our Poll: What Are You Worth to Your Company?
Starbucks on Thursday presented the latest stage in its plan to drive growth for the company, which involves accelerating its global footprint and saving $3 billion in costs over the next three years.