Gloria Jean’s Coffees FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is to operate a Gloria Jean’s Coffees Store selling gourmet coffees and teas, coffee‐based beverages, and related supplies, accessories and gifts, or a Gloria Jean’s Coffees Kiosk for the sale of coffee, espresso, cappuccino, other coffee based drinks, teas and other beverages, baked goods and other foods.
Corporate Information
Gloria Jean’s Gourmet Coffees Franchising Corp. incorporated in Illinois on May 30, 1986, as Gloria Jean’s Coffee Bean Franchising Corp. They changed their name on May 11, 1993, and now do business as Gloria Jean’s Gourmet Coffees Franchising Corp. and Gloria Jean’s. Their principal business address is Convene, Floor8, Suite 803, 333 N. Green St., Chicago, IL 60607. They anticipate moving their principal business address to 2232 N. Clybourn Avenue, Chicago, IL 60614, in April 2024.
Investment
The total investment necessary to begin operation of a GLORIA JEAN’S COFFEES franchise is as follows:
- Small GLORIA JEAN’S COFFEES store without drive‐thru: $327,919 to $414,519. This includes $40,000 that must be paid to the franchisor or its affiliates.
- Average GLORIA JEAN’S COFFEES store without drive‐thru: $377,919 to $450,519. This includes $40,000 that must be paid to the franchisor or its affiliates.
- GLORIA JEAN’S COFFEES store with drive‐thru: $416,919 to $541,372. This includes $40,000 that must be paid to the franchisor or its affiliates.
- GLORIA JEAN’S COFFEES kiosk: $209,919 to $317,519. This includes $40,000 that must be paid to the franchisor or its affiliates.
The franchisor offers qualified candidates an Area Development Agreement under which the franchisee commits to develop a specified number of GLORIA JEAN’S COFFEEs stores within a defined geographic area. The total investment necessary for an Area Development Agreement is $405,000, assuming a commitment of 10 stores. This includes $400,000 that must be paid to the Franchisor or its affiliate. Unless otherwise agreed, the minimum number of stores you will be required to develop under the Area Development Agreement is 10.
