Saxbys Coffee


Saxbys is a social impact and coffee company fast casual restaurant on the eastern United States. Its headquarters are in Philadelphia, Pennsylvania. It sells coffee, other drinks, and bakery items. Saxbys motto is to "Make Life Better."

History

Saxbys was founded in 2005 by Nick Bayer. Originally, Saxbys started off in Denver with an investment from Bayer, and it expanded into the Philadelphia region.
In 2009, Saxbys filed for bankruptcy as they were facing 18 lawsuits from former franchisees and investors who said the company owed them money. Even though the company was in court, they continued to open up new stores, including one in Center City, Philadelphia. According to Bayer, the company was re-built into "something we all believe in".
In September 2015, Saxbys moved its headquarters from Broomall, Pennsylvania, to Center City, Philadelphia. Their new headquarters is over 10,000 square feet and includes a Saxbys shop.
Saxbys runs programs with various colleges and universities, including Temple University, University of New Hampshire, Penn State University, and St. Joe's University. It has 7 student-run coffee shops on college campuses. Students are able to become "Student CEOs" or Café Executive Officers, receiving academic credit and salary.

Restaurants and locations

In 2014, the company launched an app that allowed guests to use mobile payments at Saxbys location and receive rewards on the app for spending. As of October 2015, 35 percent to 40 percent of Saxbys is corporate-owned and the balance is franchised. In 2015, Saxbys Corporate bought out two franchises in Philadelphia, one in 30th Street Station and the other on the campus of the University of Pennsylvania. Both stores were "completely torn down and rebuilt."