🍟10/03/2024 – The Ultimate Drive-Thru Experience
FRANCHISE OF THE WEEK
Farm Stores
Fast Facts
Background
- HQ: Coconut Grove, FL
- Founded in 1957, franchising since 2015
- Farm Stores is a franchise that specializes in drive-up bakeries, grocery stores, and cafes.
Location Trends
Franchise Fees
- Royalty: 6%
- Brand Fund: 1%Â
- Franchise Fee: $25,000
Financial Overview
- The below table discloses information on 36 franchise locations that were open and operating for a full year as of December 31, 2021.
The Wolf’s Take 🍟
If you’re not familiar, Farm Stores is all about that drive-thru convenience, but in a new category: they blend a bakery, grocery store, and café into one seamless experience. Picture grabbing your morning coffee, a fresh loaf of bread, and a few groceries—all without leaving your car.
This brand has been around for decades but only started franchising in 2015. Despite being a relatively new player in the franchising game, Farm Stores has made quite an impact. They’re one of only three C-Store chains to crack the Franchise 500 list, and they’ve been recognized as one of the top franchises of 2023.
The financials are solid, too. With a franchise fee of $25,000, a 6% royalty, and just a 1% contribution to the brand fund, the ongoing costs are competitive, especially for what you’re getting—a brand with a proven track record and growing recognition.
The vibe of Farm Stores is all about convenience and community. They’re serving neighborhoods with quick, quality service, and the potential here is huge. As more people lean into the convenience of drive-thru options, Farm Stores is perfectly positioned to grow.
If you’re looking for a franchise that mixes tradition with modern convenience and has the accolades to back it up, Farm Stores is definitely worth a closer look.
Resources
SMB TWEET OF THE WEEK
Dealing With Rejection – Nick Huber
What Nick Huber is explaining here is basically a rite of passage for anyone in the beginning stages of a small business. At the end of the day, it’s an endurance game.
If you can jump from opportunity to opportunity without a loss of enthusiasm, you’ll end up more successful than the vast majority of your competitors.
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