Michigan-based chain Sweetwaters Coffee & Tea is expanding into Colorado.
The state’s first Sweetwaters franchise is slated to open in 1,500 square feet at 7545 E. 29th Place in Stapleton this summer. Sean Whitmore will own and operate the franchise, according to Andrea Scheffler, Sweetwaters marketing assistant.
Ann Arbor-based Sweetwaters specializes in globally influenced coffees and teas, and features menu items such as French Vietnamese Au Lait and Japanese Sencha green tea.
The cafe was founded in 1993 by Wei and Lisa Bee and started franchising in 2015, according to Franchise Gator, an online directory of franchised businesses. Opening a Sweetwaters franchise requires $100,000 in liquid capital, net worth of at least $500,000 and an investment of between $260,000 and $400,000.
The company’s website lists 12 locations in California, Georgia, Michigan, Ohio and Tennessee. It indicates that Sweetwaters is set to double its national footprint, with 12 locations opening soon in Iowa, North Carolina, South Carolina, New Jersey, New York and Texas, along with Colorado.
Scheffler said via email that the company has sold three other Colorado franchise licenses.
Michigan-based chain Sweetwaters Coffee & Tea is expanding into Colorado.
The state’s first Sweetwaters franchise is slated to open in 1,500 square feet at 7545 E. 29th Place in Stapleton this summer. Sean Whitmore will own and operate the franchise, according to Andrea Scheffler, Sweetwaters marketing assistant.
Ann Arbor-based Sweetwaters specializes in globally influenced coffees and teas, and features menu items such as French Vietnamese Au Lait and Japanese Sencha green tea.
The cafe was founded in 1993 by Wei and Lisa Bee and started franchising in 2015, according to Franchise Gator, an online directory of franchised businesses. Opening a Sweetwaters franchise requires $100,000 in liquid capital, net worth of at least $500,000 and an investment of between $260,000 and $400,000.
The company’s website lists 12 locations in California, Georgia, Michigan, Ohio and Tennessee. It indicates that Sweetwaters is set to double its national footprint, with 12 locations opening soon in Iowa, North Carolina, South Carolina, New Jersey, New York and Texas, along with Colorado.
Scheffler said via email that the company has sold three other Colorado franchise licenses.
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