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Did you know how much it costs to franchise a Starbucks? Now let us have a look at it in a bit more detail.
1. Starbucks has a different model from most franchises and is run via a licensable system. This means that you do not get complete autonomy in your store but benefit from being an international company.
2. Getting started can cost between $315,000 to $1,000,000, including the licensing fee, types of equipment, and the place.
3. Other expenses must include royalty expenses in such cases, operation costs, and most of the staff expenses.
However, for many businessmen, the Starbucks Franchise Cost is well worth it, through brand association. However, is the investment practical for you? Let’s discuss.
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