Five Lakes Coffee FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will operate a business that specializes in the sale of specialty coffee beverages, proprietary coffee products, premium confectionary items, baked goods, and other merchandise.
Corporate Information
Five Lakes Franchising Corporation is a Michigan corporation that was formed in October 2019 with a principal business address at 100 W. Chicago Road, Sturgis, Michigan 49091. They began selling Five Lakes Coffee franchises in April 2021.
Investment
The total investment necessary to begin operation of a Coffee Store is $383,300 to $631,500. This includes $35,000 that must be paid to the franchisor or their affiliates.
The franchisor also offers qualified parties the right to open and operate multiple Coffee Stores in accordance with a development schedule under Franchisor’s form of development agreement. The total investment necessary to begin operations under a development agreement depends on the number of Coffee Stores we grant you the right to open. The total investment necessary to begin operations under a development agreement for the right to open between two and five Coffee Stores ranges from $$448,300 to $756,500. This includes 65,000 to $125,000 that must be paid to the franchisor or their affiliates upon execution of your development agreement and prior to opening your first franchise in your development schedule.