7 Leaves Cafe logo

7 Leaves Cafe Franchise

Audited Financials
Food and BeverageEst. 2012Huntington Beach, CA
www.7LeavesCafe.com

Risk Score

Pending analysis

Investment Range

$244,000 - $490,000

Franchise Fee

$35,000

Min Cash Required

$10,000

Total US Locations

42

Business Summary

7 Leaves Cafés are quick-service establishments that offer premium coffee and tea-based drinks, along with snacks and other beverages. 7 Leaves specializes in preparing and selling distinctive quality beverages and food items, made according to proprietary recipes. These cafés operate under the 7 Leaves brand in various approved locations, including shopping plazas, stand-alone buildings, and drive-thrus, catering to customers for dine-in, drive-thru, and carry-out service.

Corporate History

The 7 Leaves Café concept began around January 2012 with an affiliate company, 7 Leaves Holding, Inc., which developed and operated 7 Leaves Cafés. 7 Leaves Franchise, LLC was registered as a California limited liability company on July 6, 2017, specifically to begin offering franchises for the quick-service coffee and tea-based drink cafés under the 7 Leaves brand. The franchisor has not offered franchises in any other line of business.

Financial Overview

Investment Range

$244,000 - $490,000

Franchise Fee (Low)

$35,000

Franchise Fee (High)

$35,000

Minimum Cash Required

$10,000

Royalty %

6%

Marketing %

2%

Equipment Costs (Low)

$161,000

Equipment Costs (High)

$335,000

Working Capital

$20,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

7 Leaves Franchise, LLC appears to be in a strong financial position, reporting a net income of $613,597 for the year ended December 31, 2023. The company also demonstrated strong liquidity with over $723,000 in working capital and generated $347,072 in net cash from operating activities in 2023, ending the year with $883,064 in cash and cash equivalents. The auditors did not express any substantial doubt about 7 Leaves Franchise, LLC's ability to continue as a going concern.

Financing Details

7 Leaves Franchise, LLC does not offer any direct or indirect financing to franchisees, nor does it guarantee any notes, leases, or obligations for them. Franchisees are responsible for securing their own funding.

Performance Metrics

Total US Locations

42

Franchised Units

14

Corporate Units

28

Avg Square Footage

1,700

Franchising Since

2017

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew their 7 Leaves Cafe franchise agreement, franchisees must have substantially complied with their current agreement, pay a renewal fee equal to half of the then-current initial franchise fee, and may be required to remodel their café at their own expense to meet current brand standards. They will also need to sign the franchisor's then-current franchise agreement, which could include terms and conditions that are materially different from their original agreement.

Training & Support Program

Franchisor Assistance

7 Leaves Franchise, LLC provides a range of support to its franchisees. Before opening, 7 Leaves assists with reviewing site plans and providing design layouts, offers advice on site selection based on demographics and traffic, and provides sample content for grand opening and local advertising campaigns, along with specifications for equipment, signs, and fixtures. Franchisees also receive an operations manual and cloud-based access to video training materials and forms. Initial training covers various aspects including 7 Leaves culture, site selection, hiring, drink preparation, cashier duties, marketing, inventory, and POS systems. Ongoing support includes advisory relationships with telephone consultations, periodic store inspections, and evaluations to ensure system standards are met. 7 Leaves also manages a system-wide advertising and marketing fund and controls the brand's online presence, including social media.

Initial Training Hours

156

Training Location

The initial training for 7 Leaves Culture and Café Site Selection, as well as the Hands-On Training, takes place at 7 Leaves Franchise, LLC's Corporate Training Facilities in Huntington Beach, California, or at participating 7 Leaves Cafés located nearby. Additionally, Calibration Training is conducted on-site at the franchisee's own café.

Ongoing Support

After opening, 7 Leaves Franchise, LLC provides ongoing support to its franchisees through an advisory relationship that includes telephone consultations to help with effective operation. The franchisor or its agents also visit and inspect the franchisee's store periodically to evaluate system execution and confer with the franchisee and their employees. 7 Leaves Franchise, LLC may also require franchisees or their management team to attend additional training or refresher courses. Furthermore, the franchisor controls and provides branded social media pages and assets, and may conduct collective marketing campaigns on behalf of franchisees via local social media.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Supervisory

Territory Type

Non-Exclusive

Staffing Notes

7 Leaves Cafe requires that the franchised business be directly supervised on-premises by a manager who has successfully completed the franchisor's training program. This manager must not have any interest or business relationship with competing businesses and does not need to be an owner of the franchise entity. Franchisees are responsible for hiring and training their own employees, and the franchisor may consider factors like staff turnover when determining the need for pre-opening assistance.