FranchiseVerdict
BIGGBY COFFEE logo
FV-00303·STRONGExcellent95

Biggby Coffee

Food & Beverage - Coffee & TeaFranchising since 1999Website
Investment
$296K – $1.0M
59th pct Coffee & Tea
Avg revenue
$720K
16th pct Coffee & Tea
Royalty
6.0%
50th pct Coffee & Tea
Units
420
97th pct Coffee & Tea
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $296K – $1.0M including a $20K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $720K/year (median $703K). Estimated payback in 7.1 years.
  • Rated STRONG with a risk score of 49/100. SBA loan default rate of 0.0% across 471 loans (below the industry average).
  • System growing at 25.7% CAGR over 3 years with 420 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
GLOBAL ORANGE DEVELOPMENT, LLC
Incorporated in
Michigan
HQ
2501 Coolidge Road, #302, East Lansing, Michigan 48823
Auditor
Plante & Moran, PLLC
Audited financials
Franchisor revenue
$28.1M
vs $30.8M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one BIGGBY COFFEE unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $720,465
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: restaurant
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $296K–$1.0M
Working capital
$
FDD reports $10K–$40K

Unlevered ROIC · per unit

10%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$65K
EBITDA margin
9.0%
Total invested
$679K
Payback
126 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 BIGGBY COFFEE units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$288K

on $1.4M purchase

Total debt

$1.2M

SBA $0.7M + senior + seller note

Overview

About

BIGGBY COFFEE franchisees operate specialty coffee retail locations, managing daily espresso bar operations, customer service, inventory management, and staff scheduling. Franchisees are responsible for location lease negotiations, local marketing, hiring/training employees, and maintaining brand standards while paying 6% of gross sales in ongoing royalties.

CEO
Michael J. McFall
Founded
1998
FDD year
2025
States available
13

Item 7 · what it costs

The Vitals

Total investment
$296K – $1.0M
All-in to open one unit
Liquid capital
$10K – $40K
Cash you must have on hand
Franchise fee
$20K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
3.0%
typical 3–5%
Total fee load
9.0%
vs 9–13% typical
Payback period
7.1 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$720K
Per unit, per year
Median gross sales
$703K
Item 19 type
Average and Median Gross Sales
Sample size
358 units
vs category median 13 · large
Range (low → high)
$263K$1.5M
Cohort dispersion
Transparency
10 / 5
vs category median 2 / 5 · above
Revenue rank16th
vs Food & Beverage - Coffee & Tea peers
Investment cost rank59th
Lower investment ranks lower (better)
Royalty rate rank50th
Lower royalty = lower percentile (better)
Unit count rank97th
vs Food & Beverage - Coffee & Tea peers
Risk score rank16th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
420
Opened
47
Last reporting year
Closed
10
Turnover rate
2.4%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+9.7%
Net unit change last year
3-yr CAGR
+25.7%
Compounded over last 3 years
2023
420+37
Franchised units
2024
383
Franchised units
2025
334
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 10 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 10 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
471
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

49
Risk · 0-100
STRONG49 / 100

BIGGBY presents moderate-to-high risk: going concern status, unprotected territory, litigation history, and thin profit margins warrant deep franchisee validation before $296K-$1M commitment.

Score breakdown · what drove the 49 / 100 rating

  1. 01HIGHGoing Concern issue flagged — indicates potential financial distress at corporate level despite positive unit growth
  2. 02MINORUnprotected territory creates direct competition risk; 420 units in system means potential market saturation without exclusivity
  3. 03HIGHLitigation case shows franchisor aggressively enforced termination but franchisee bankruptcy suggests inadequate unit profitability to cover legal costs and damages
  4. 04MEDNet income of $91,984 on $720,465 revenue (12.8% margin) is thin; 6% royalty plus operating costs leave limited cushion for unforeseen expenses
  5. 05MINORNo Item 19 financial performance representation limits transparency; average figures may mask poor performer data and survivor bias

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Protected territory
No
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Michigan

Item 11

Training & Operations

Classroom training
56 hrs
On-the-job training
150 hrs
POS system
PERC-O-Matic
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

92 numbers

Locked
(678) 349-••••
GA
(470) 891-••••
GA
(313) 789-••••
MI

One-time purchase · CSV download · Validation questions included

FDD download

BIGGBY COFFEE · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above