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Coffee Franchise
Like
technology, specialty coffee is continuing in
its skyrocketing appeal and availability.
According to the National Coffee Association USA
(NCAUSA), 49 percent of Americans age 18 or
older drink some type of coffee beverage daily,
and many of them are waiting in lines at
specialty coffee retailers to get their fix. The
cafe segment of the specialty coffee
market--including cafes, kiosks, carts and
coffee bean roaster/retailers--reached $8.47
billion in 2003 and continues to grow.
With an expanding customer base that has baby
boomers continuing their coffee drinking into
their senior years and students starting their
caffeine fixes as young as junior high, Shaw
finds immense opportunity. "It's a great time
and great place to be in coffee franchising,"
she says.
If you think there's no room left for you to be
a part of the specialty coffee market, think
again. "We expect it to continue to grow," says
Ferguson. "Saturation must exist theoretically;
we just don't know what it looks like."
Source: Entrepreneur.com |