Start-Up Costs and Fees |
||
| Smoothie Factory | Kilwin's Chocolates | |
| Investment | 141500 - 424500 | 177534 - 937415 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | |
| Year Founded | 1996 | 1947 |
| Year Franchised | 1997 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Smoothie Factory | Kilwin's Chocolates | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | |
Financing Options |
||
| Smoothie Factory | Kilwin's Chocolates | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Smoothie Factory | Kilwin's Chocolates | |
| Training | On-The-Job Training: 173 hours Classroom Training: 43 hours Additional Training: Online training; store visits | |
| Support | Newsletter Meetings/Conventions Grand Opening Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates Regional Advertising Social media SEO Email marketing | |
| Operations | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Smoothie Factory | Kilwin's Chocolates | |
| US Expansion | Alabama, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Missouri, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, Wisconsin, West Virginia, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
| Franchise Fee | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
| Royalty Fee | |
| Smoothie Factory | 5% |
| Kilwin's Chocolates | 5% |
| Advertising Fee | |
| Smoothie Factory | |
| Kilwin's Chocolates | 1% |
| Year Founded | |
| Smoothie Factory | 1996 |
| Kilwin's Chocolates | 1947 |
| Year Franchised | |
| Smoothie Factory | 1997 |
| Kilwin's Chocolates | 1982 |
| Term Of Agreement | |
| Smoothie Factory | |
| Kilwin's Chocolates | 10 years |
| Renewal Fee | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
Business Experience Requirements |
|
| Experience | |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
| Kilwin's Chocolates | |
Financing Options |
|
| Franchise Fees | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
| Start-up Costs | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
| Equipment | |
| Smoothie Factory} | |
| Kilwin's Chocolates | |
| Inventory | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
| Receivables | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
| Payroll | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
Training & Support |
|
| Training | |
| Smoothie Factory | |
| Kilwin's Chocolates | On-The-Job Training: 173 hours Classroom Training: 43 hours Additional Training: Online training; store visits |
| Support | |
| Smoothie Factory | |
| Kilwin's Chocolates | Newsletter Meetings/Conventions Grand Opening Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Smoothie Factory | |
| Kilwin's Chocolates | Ad Templates Regional Advertising Social media SEO Email marketing |
| Operations | |
| Smoothie Factory | |
| Kilwin's Chocolates | 10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 6 - 10 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Smoothie Factory | |
| Kilwin's Chocolates | Alabama, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Missouri, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, Wisconsin, West Virginia, |
| Canada Expansion | |
| Smoothie Factory | |
| Kilwin's Chocolates | |
| International Expansion | |
| Smoothie Factory | |
| Kilwin's Chocolates | |