How much does it cost to open a Starbucks

Opening a Starbucks franchise can be a lucrative business opportunity, but it also requires a significant investment. The cost of opening a Starbucks franchise can vary depending on a number of factors, including the location, size, and type of store you want to open.

According to Starbucks' website, the company requires a minimum of $500,000 in liquid assets and a net worth of at least $1 million to qualify for a franchise. In addition, franchisees must pay an initial franchise fee of $315,000 to Starbucks, as well as ongoing royalties of 5% of gross sales and a marketing fee of 4% of gross sales.

In addition to these fees, franchisees will also need to cover the costs of building and equipping the store, which can range from $350,000 to $700,000 or more depending on the location and size of the store. Other expenses to consider include inventory, employee salaries, rent, utilities, and marketing.

Overall, the total cost of opening a Starbucks franchise can range from $1 million to $2 million or more, depending on a variety of factors. While this may seem like a significant investment, owning a successful Starbucks franchise can provide a steady stream of income and a strong return on investment over time.

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