The Coffee Beanery, Ltd. is a
Flushing, Michigan
Flushing is a city in Genesee County, Michigan, Genesee County in the U.S. state of Michigan. The population was 8,411 at the 2010 United States Census, 2020 census. Flushing is considered a suburb of Flint, Michigan, Flint. It is situated withi ...
based
chain of coffee shops operating in the United States, Asia, and U.S. Territories. It was founded in
Dearborn, Michigan in 1976 by JoAnne and Julius Shaw.
History
In 1976, JoAnne and Julius Shaw began selling specialty coffee to consumers in their first store at
Fairlane Town Center
Fairlane Town Center is a super-regional shopping mall in the Detroit suburb of Dearborn, Michigan. The mall is adjacent to The Henry Hotel, The Fairlane Club, the University of Michigan–Dearborn, Henry Ford Community College, The Henry Ford, ...
in Dearborn, Michigan.
As of February 2007, the company had 131
franchise
Franchise may refer to:
Business and law
* Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees
* Franchise, a privilege to operate a type of business such as a cable television p ...
locations in the United States and another 25 in other countries.
Business model
The company makes most of its money selling franchises and equipment, not the product itself.
[ Most shops close within three years; since the company's founding, more than 100 franchises have failed.][ ]
Legal determinations
In 2006, the Maryland securities commissioner determined that the company had made "material misrepresentations" to prospective franchisees in violation of state law, and ordered it to release Maryland franchisees from their contracts without penalty. In 2008, the Illinois attorney general made a similar determination. The Maryland order also directed the company to "permanently cease and desist from offering and selling" franchises in Maryland.[
In the judge's court order, he ruled “This case is buyers’ remorse” and the case was settled in 2013.]
See also
* List of coffeehouse chains
This list of notable coffeehouse chains catalogues the spread and markets share of coffeehouses world-wide. This list excludes the many companies which operate coffeeshops within retail establishments, notably bookstores and department stores, o ...
References
External links
*
{{Fast-food chains of the United States
Coffeehouses and cafés in the United States
Restaurants established in 1976
Companies based in Genesee County, Michigan
1976 establishments in Michigan
Flushing, Michigan