Saxbys Coffee

Saxbys

Company type	Certified benefit corporation
Industry	Fast casual dining
Founded	2005 (2005)
Founder	Nick Bayer
Headquarters	Philadelphia , United States
Area served	Eastern United States
Key people	Nick Bayer (CEO)
Products	Coffee, baked goods, sandwiches, breakfast items, smoothies, teas
Number of employees	500 (2024)

Saxbys is a certified benefit corporation and a fast casual dining chain headquartered in Philadelphia, Pennsylvania, serving the eastern region of the United States. Established in 2005 by CEO Nick Bayer, Saxbys provides a variety of offerings including coffee, baked goods, sandwiches, breakfast items, smoothies, and teas. As of February 2024, the company runs 28 café locations, employs around 500 individuals, and reports estimated yearly revenues of approximately US$15 million.

History

Nick Bayer founded Saxbys in 2005, initially launching the business in Denver before expanding into the Philadelphia area. In 2009, the company filed for bankruptcy following lawsuits from former franchisees and investors alleging unpaid financial obligations. Despite these legal difficulties, Saxbys continued to open new outlets, including one in Center City Philadelphia. Bayer spearheaded a corporate restructuring aimed at fostering sustainable development.

In September 2015, Saxbys moved its headquarters from Broomall, Pennsylvania to a 10,000-square-foot space in Center City Philadelphia that also houses a flagship café. This relocation was part of a broader strategy to support growth initiatives.

Saxbys runs an "experiential learning platform" in collaboration with universities such as Temple University, Rowan University, Pennsylvania State University, and Saint Joseph's University. The program oversees 12 student-operated cafés where participants act as "student CEOs," earning academic credit alongside compensation—an innovative model combining education with practical business experience.

Restaurants and locations

In 2014, Saxbys introduced a mobile payment application incorporating a rewards system for customer purchases. By October 2015, between 35 and 40 percent of its outlets were directly owned by the corporation, while the rest operated under franchise agreements. That year, Saxbys corporate acquired and fully renovated two Philadelphia franchise locations situated at 30th Street Station and on the University of Pennsylvania campus.