Rocky Mountain Chocolate Factory Franchise Review
Rocky Mountain Chocolate Factory is analyzed based on our most recent FDD research!
Franchise Information
What is the upfront requirements to own a Rocky Mountain Chocolate Factory franchise?
Rocky Mountain Chocolate Factory has an initial franchise fee of up to $24,500, with a overall initial investment range of $114,700 to $499,375.
- Initial Franchise Fee: $24,500
- Total Investment: $114,700 to $499,375
- Working Capital: $10,000 to $75,720
- Royalty Fee: 5.0%
The upfront cost of any franchised business includes many fees. Unlock this investment opportunity to better understand the specific costs required to buy a Rocky Mountain Chocolate Factory, such as franchise fees, construction and costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors must to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.
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How much can I earn by owning a Rocky Mountain Chocolate Factory franchise?
As with any new business, there should be a strong ROI and net profit potential. The specific franchise owner's income and the profits from a Rocky Mountain Chocolate Factory franchise opportunity depends on a variety of factors. One way to validate the potential revenues or profits generated from a Rocky Mountain Chocolate Factory franchise investment is to review the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchisors in our database will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as average gross revenues. This type of information is not always helpful to assess profits for you directly. So review average sales data with caution. As expected, usually profits and owner's salary are correspond to the overall size of the initial investment. The larger the initial investment, the higher profits you could expect to see
For additional information and system-specific data on the profits of a Rocky Mountain Chocolate Factory franchised business, unlock this franchise
How many franchise outlets does Rocky Mountain Chocolate Factory franchise have?
As of the 2016 Franchise Disclosure Document, there are 0 franchised Rocky Mountain Chocolate Factory locations throughout the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any Rocky Mountain Chocolate Factory franchise opportunities in my area?
Based on 2016 FDD research, Rocky Mountain Chocolate Factory has franchise locations in 72 states. There may be no locations in several states as each franchise plans their growth strategy differently.
Based on our research this franchise opportunity is expanding into new cities and might be available near you. While planning your franchise purchase, you should be thinking about what is a good location for my business. Anlayze the potential customer base to confirm that the area you are looking at has a need or want for this business. Even the most popular franchises have cities that they are not successful in. The reasons why a specific franchised location can fail are plentiful. You should analyze not only the franchised business itself, but map out areas where you believe the business has a greater chance to succeed.
One of our advisors will have detailed knowledge about this franchise. Unlock to learn more and connect with our advisors.
Last Reviewed: 2016
Sector: Retail Food
Category: Specialty Food Store
Rocky Mountain Chocolate Factory Franchise DATA
10 Years
10 Years
282
0
5.0%
2.0%
ADDITIONAL QUESTIONS
Does this brand provide any initial training and opening assistance?
Yes, they have an initial training program of 52 hours. This includes 25 hours of classroom training, 26 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | N/A |
|---|---|
| On-the-Job | 26 |
| Classroom | 25 |
| Total | 52 |
Does this brand offer Territory Protections?
Rocky Mountain Chocolate Factory does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for more details.
Do they have computer and technology support in place?
Yes, Rocky Mountain Chocolate Factory offers comprehensive support for franchisees. Unlock this franchise to find out more.
When did they start franchising?
They began franchising in 1982. The average Specialty Food Store franchise began franchising in 2007.
Do they offer lending support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this franchise for instant access to our research reports, including:
- Growth analysis
- Turnover analysis
- Financial transparency
- Initial and renewal terms
- Royalties and marketing fees
- Key Franchise FAQs
- Our grade and free access to consult with a franchising expert
- How much do franchise owners historically make?
- Does this franchise provide Veteran or First Responder discounts?
- Does this franchise use public figures to promote their franchise?
- Does this franchise disclose any bankruptcies?
- Is this brand affiliated with any other franchise opportunities or private equity investment groups?
- How many new locations have they sold in the last 5 years?
- How many franchised locations have closed in the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised locations have terminated in the last 5 years?
- Does this franchise operate any company or affiliate owned locations?
- How many years is their initial and renewal term lengths?
- Do you have a legal dispute resolution process?
- How long has the franchisor been in business?
- Are they actively selling franchises in the US?
- How often are royalties and advertising fees paid to the franchisor?
- What are the territory protections the franchisor provides you?
- What is the role of technology in the operation of the franchise?
- Why has new franchisee growth been so low?
- What is the net worth and liquid capital required to be approved as a franchisee in this brand?
- Are you required to work in the outlet or is this a passive franchise opportunity?
- Does this franchise offer multi-unit discounts for buying more than one franchise location?