Description
Saxbys Coffee, a locally based cafe with more than a dozen locations in the Philadelphia region, takes special pride in its Cold Brew Iced Coffee. The smooth, sweet, rich drink is made by a method that involves steeping ground coffee in cold filtered water, which slowly coaxes flavor from the beans.
Nick Bayer (Founder and CEO) has always been in the business of bringing people together, whether it’s as one of Philadelphia Business Journal’s “Most Admired CEOs” or as a consummate team captain since Little League. So when he created Saxbys in 2005, Nick never really considered it to be a coffee company — instead, it’s a social impact company fueled by amazing food, beverage and hospitality. Saxbys has since grown from one corner café to a 30-unit, Philadelphia-based business with a singular mission: MAKE LIFE BETTER.
Today, that team spans over 700 members across the Northeast that represent the change-makers of tomorrow. To that point, Bayer introduced Saxbys’ pioneering Experiential Learning Program (ELP) in 2015 in partnership with Drexel University — the nation’s first entirely student-run cafe where students earn full academic credit and wages through a university cooperative education program. Bayer’s vision for the program is to embolden the next generation of entrepreneurs, providing undergrad students with tangible experience as a supplement to traditional classroom learning. In three short years, one ELP cafe has blossomed to eight, with several more planned to open by the end of 2019.
Nick is currently the Entrepreneur in Residence at Cornell University’s School of Hotel Administration, an adjunct professor at Drexel University and the Executive in Residence at Temple University’s Fox School of Business. He serves on the Board of The Franklin Institute, Big Brothers Big Sisters Independence Region, the Community College of Philadelphia, Drexel University’s Close School of Entrepreneurship and Drexel’s Steinbright Career Development Center, as well as being a Corporate Council Member for the Children’s Hospital of Philadelphia.
In 2017, he was named the “Entrepreneur of the Year” by the Greater Philadelphia Chamber of Commerce as well as EY’s “Social Entrepreneur of the Year.” He resides in Center City Philadelphia with his wife and son.
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