2.4.3.3Vertical
Independent Coffee Shops
Single-location and small-chain independent coffee shops.
Market snapshot
These figures describe Coffee & Tea Shops (2.4.3), the segment that Independent Coffee Shops sits within — not Independent Coffee Shops on its own.
- Market size
- ~$62.8B
- Growth
- ~10.1%CAGR (2017–22, nominal)
- Companies
- ~78,900
FragmentationConsolidatingEstimate
U.S. Census Bureau 2022 CBP/Economic Census, NAICS 722515 (Snack & Nonalcoholic Beverage Bars) — also covers juice, smoothie, donut, and other snack bars beyond coffee/tea.
Business model & economics
Revenue model
Beverage and food sales; franchise royalties; loyalty/app revenue
Key economics
- Recurring revenue
- Moderate–High
- EBITDA margin
- 15–25% at the unit level
- Capex intensity
- Moderate
daily-habit recurring purchase
Characteristics
- Daily-habit demand drives high purchase frequency.
- Premiumization and drive-through/mobile adoption lift growth.
- Strong unit economics attract franchising and PE.
M&A deal context
Deal activityModerate
Who’s acquiring
- Coffee-chain operators & franchisors
- PE-backed beverage platforms
- Multi-unit franchisee consolidators
What’s driving deals
- Roll-ups of regional and specialty coffee chains.
- Daily-habit recurring demand and strong unit economics.
- Drive-through and mobile-order expansion.
Find Independent Coffee Shops acquisition targets
Search Acquisera’s index for companies classified under Independent Coffee Shops (2.4.3.3) and build a targeted deal pipeline.
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