LANSING, Mich., USA – Biggby Coffee has secured spot No. 240 on the Franchise Times Top 400 list, a compilation of the biggest U.S.-based franchises with top-performing revenue. “Biggby Coffee placed 240th on the 2023 Franchise Times Top 400 list, jumping 21 places from last year’s ranking,” said John Gilkey, Biggby Coffee President,. “We could not be more excited about the recognition, and our progress on this ranking is just one of many indicators of our recent success.”
The Franchise Times Top 400 ranking evaluates some of the largest franchise systems in the U.S. To qualify, a franchise must be a legal U.S. franchise with either its headquarters or at least 10% of its units located in the country.
At least 15% of the total unit count must also be franchised. With these parameters in mind, the Franchise Times team evaluates companies’ voluntary reports and most recent public Franchise Disclosure Documents to rank the top 400 franchises based on global, system-wide revenue.
In 2023, Biggby Coffee has opened 61 new coffeehouses and signed an additional 85 franchises as it works to meet consistent guest demand in multiple key markets.
In addition to ongoing demand from the general public, the franchise’s top-notch support, flexible real estate models and ethos of unconditional love for all in the system serve to drive demand even further for prospective owners.
“As we continue to grow, this placement is especially meaningful given that we are among some of the nation’s and world’s largest, most successful franchise brands,” added Gilkey. “Biggby Coffee has always done things differently, and we will continue to. We’re proud to prove that a fun, non-traditional brand can keep up with the industry.”
Biggby Coffee continues to pursue its goal of 500 open units by the end of 2024, a stepping stone in its larger 1,000-unit milestone, which it aims to reach by the end of 2028. As it expands, it is working to open units in St. Charles, Illinois; Roswell, Georgia; Knoxville, Tennessee and Meridian, Idaho.
