Black Sheep Coffee franchise
2026 filing · April 30, 2026Growing
Black Sheep Coffee at a glance
A coffee shop serving freshly roasted coffee drinks and retail items to eat in or take away. At the end of 2025 there were 5 Black Sheep Coffee locations in the US, all franchised.
The business
- Franchisor
- Black Sheep Coffee Franchising LLC
- The company that sells the franchises
- Franchisor based in
- Miami, Florida
What you pay
- Cost to open
- $977K–$1.62M
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%–7%
- 5% of weekly gross sales under $20,000, 6% from $20,000 to $25,000 and 7% above $25,000, paid weekly
- Brand fund
- 1%
- 1% of gross sales, paid with the royalty; it can rise to 2%
- Renewal fee
- $20,000
- When the agreement ends and you sign again
- Franchisor financing
- None offered
Where it is
- US locations, 2025
- 5
- Franchised and company-owned
- Franchised
- 5
- Company-owned
- 0
- Change in 3 years
- +5
- Franchised locations, 2023–2025
- States
- 2
- Most in Texas and Florida
From Black Sheep Coffee Franchising LLC’s 2026 filing; revenue and net income from its audited financial statements, page 269; SBA status from the SBA Franchise Directory, October 28, 2026.
Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.
Where it ranks
Black Sheep Coffee among all franchises with the same figure.
| Figure | Black Sheep Coffee | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,298,625 | Costs more than 87% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| US locationsFranchised and company-owned | 5 | Fewer than 71% of franchises |
How much a Black Sheep Coffee franchise costs
Opening one Black Sheep Coffee costs an estimated $977,250 to $1,620,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction costs ($500,000 to $800,000) and furniture, fixtures, & eqpt ($200,000 to $250,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $40,000 | ||
| Lease | $11,250 | $50,000 | |
| Utility Deposit | $1,000 | $5,000 | |
| Architect Fees | $26,600 | $56,600 | |
| Concept Design Pack | $3,400 | ||
| Construction Costs | $500,000 | $800,000 | |
| Expenses for Initial Training | $10,000 | $20,000 | |
| On-Site Opening Assistance | $10,000 | ||
| Business Licenses and Permits | $5,000 | $10,000 | |
| Business Insurance | $15,000 | $30,000 | |
| Initial Inventory | $25,000 | $35,000 | |
| IT, Computer Hardware & Software | $60,000 | $100,000 | |
| Furniture, Fixtures, & Eqpt | $200,000 | $250,000 | |
| Signage | $20,000 | $50,000 | |
| Grand Opening Marketing Program | $20,000 | $40,000 | |
| Professional Fees | $5,000 | $20,000 | |
| Additional Funds (3 months) | $25,000 | $100,000 | |
| Total | $977,250 | $1,620,000 | |
Source: Black Sheep Coffee Franchising LLC, 2026 filing, page 22
Black Sheep Coffee franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Black Sheep Coffee Franchising LLC, 2026 filing, page 13
Royalty and ongoing fees
| Royalty | 5% of weekly gross sales under $20,000, 6% from $20,000 to $25,000 and 7% above $25,000, paid weekly. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid with the royalty; it can rise to 2%. |
| Renewal Fee | $20,000 |
| Additional Training | $3,000 per person. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Black Sheep Coffee Franchising LLC, 2026 filing, page 15
Other fees as filed, from pages 16–17. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Black Sheep Coffee does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Black Sheep Coffee Franchising LLC, 2026 filing, page 61
- Estimate Estimated yearly sales per location
- $980K–$1.7M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Black Sheep Coffee franchisees
Lenders approved one SBA 7(a) loan for a Black Sheep Coffee franchisee in 2025, for $700K. It hasn’t been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Black Sheep Coffee compares
Of the 117 coffee franchises on this site, Black Sheep Coffee is the 109th cheapest to open and the 62nd largest by number of locations.
| Figure | Black Sheep Coffee | Typical coffee brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $977K | $350K | $222K |
| Cost to open, high end | $1.62M | $741K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Brand fund | 1% | 1.5% | 2% |
| US locations | 5 | 8 | 21 |
| Closed or left per year | 0% | 2.6% | – |
| Shares earnings figures | No | 69 of 117 | 2,147 of 3,352 |
Typical is the median across the 117 brands in coffee franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2023 | 0 (0) | 0 | 0 | 0 |
| 2024 | 2 (+2) | 0 | +2 | 0 |
| 2025 | 5 (+3) | 0 | +3 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: coffee franchise costs and franchise failure rates.
Source: Black Sheep Coffee Franchising LLC, 2026 filing, page 62
Where Black Sheep Coffee locations are
At the end of 2025, Black Sheep Coffee had franchised locations in 2 states. The most are in Texas and Florida.
- Texas4
- Florida1
Source: Black Sheep Coffee Franchising LLC, 2026 filing, page 63
Who owns Black Sheep Coffee?
Black Sheep Coffee franchises are sold by Black Sheep Coffee Franchising LLC.
From Black Sheep Coffee Franchising LLC’s 2026 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 12–13. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Black Sheep Coffee Franchising LLC, 2026 filing, litigation on pages 12–13, bankruptcy on page 13
Black Sheep Coffee filings
The figures on this page come from Black Sheep Coffee Franchising LLC’s 2026 filing, issued April 30, 2026, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | April 30, 2026 | NASAA depository | Costs, fees and locations, 2023–2025 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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Black Sheep Coffee is also on these lists: food franchises.