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    Franchise opportunities compared

    Caribou Coffee vs Peets Coffee

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Caribou Coffee2026 FDDPeets Coffee2026 FDD

    Initial investment · Item 7

    Caribou Coffee

    Not available

    Peets Coffee

    $1,035,000 – $1,697,000

    2026 FDD · Item 7 · PDF p. 17

    Initial franchise fee · Item 5

    Caribou Coffee

    Not available

    Peets Coffee

    $35,000

    2026 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Caribou Coffee

    4% · Note 1) Cabin and Chalet: 5% of Gross Sales Kiosk: 6% of Gross Sales ( — 4%

    2026 FDD · Item 6 · PDF p. 14

    Peets Coffee

    6%

    2026 FDD · Item 6 · PDF p. 12

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Caribou Coffee: 6, Peets Coffee: 8). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Caribou Coffee

    Not available
    No reviewed Item 7 total

    Peets Coffee

    $1,035,000 – $1,697,000
    Total Estimated Initial Investment: $1,035,000 to $1,697,000
    2026 FDD · Item 7 · PDF p. 17
    Standard initial franchise fee (Item 5)

    Caribou Coffee

    Not available
    No single standard fee identified

    Peets Coffee

    $35,000
    2026 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Caribou Coffee

    4% · Note 1) Cabin and Chalet: 5% of Gross Sales Kiosk: 6% of Gross Sales ( — 4%
    marks Royalty
    2026 FDD · Item 6 · PDF p. 14

    Peets Coffee

    6%
    ITEM 6 OTHER FEES Type of Fee Amount Due Date Remarks 1 , 2 Royalty — 6
    2026 FDD · Item 6 · PDF p. 12
    Brand / advertising fund (Item 6)

    Caribou Coffee

    1%
    o 3% of Gross Sales Same as Royalty Currently, allocated as 2% to the Brand Fund and — 1% — 1%
    2026 FDD · Item 6 · PDF p. 15

    Peets Coffee

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Caribou Coffee

    494
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 62

    Peets Coffee

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Caribou Coffee

    +14
    Calculated: 480 at end of 2023 → 494 at end of 2025

    Peets Coffee

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Caribou Coffee

    Not available
    No complete exit records for a year

    Peets Coffee

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Caribou Coffee

    2004
    From a verified franchisor listing

    Peets Coffee

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Caribou Coffee

    Not available
    Not in reviewed records

    Peets Coffee

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Caribou Coffee
    Locations counted not stated in the reviewed record — Company Chalet
    116 coffeehouses
    other Drive-thru Chalet sample
    2026 FDD · Item 19 · PDF p. 56
    Locations counted not stated in the reviewed record — Kiosk nontraditional
    130 coffeehouses
    other Kiosk sample
    2026 FDD · Item 19 · PDF p. 54
    Locations counted not stated in the reviewed record — Kiosk
    10 coffeehouses
    other Kiosk exclusions
    2026 FDD · Item 19 · PDF p. 54
    +3 more groups in the full report
    Peets Coffee
    Locations counted not stated in the reviewed record — Systemwide (196 Locations)
    42.9 percent
    other Systemwide
    2026 FDD · Item 19 · PDF p. 47
    Locations counted not stated in the reviewed record — 1 st Third (66 Locations)
    $2,932,490
    other 1 st Third
    2026 FDD · Item 19 · PDF p. 47
    Locations counted not stated in the reviewed record — No Drive Thru (191 Locations)
    $474,389
    other No Drive Thru
    2026 FDD · Item 19 · PDF p. 48
    +5 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Caribou Coffee vs Peets Coffee: common questions

    How do Caribou Coffee and Peets Coffee royalties compare?
    Caribou Coffee: 4% · Note 1) Cabin and Chalet: 5% of Gross Sales Kiosk: 6% of Gross Sales ( — 4% (2026 FDD · Item 6 · PDF p. 14); Peets Coffee: 6% (2026 FDD · Item 6 · PDF p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Caribou Coffee and Peets Coffee disclose financial performance (Item 19)?
    Caribou Coffee has reviewed Item 19 figures for 6 location groups; Peets Coffee has reviewed Item 19 figures for 8 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Caribou Coffee report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Peets Coffee report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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