At a Glance
Products & Services: Ice cream, frozen yogurt, frozen beverages
Number of Locations: 7,398
Total Investment: $100.7K - $390.2K
Began Franchising: 1948
About Baskin-RobbinsAs a teenager in the 1930s, Irv Robbins managed an ice cream shop in Tacoma, Washington. Bored with serving traditional flavors like chocolate and vanilla, Robbins began experimenting by mixing fruit and candy into the ice cream. After serving in World War II, Robbins bought an ice cream parlor in Glendale, California. Three years later, he convinced his brother-in-law, Burt Baskin, to join the business. The two men flipped a coin to see whose name would go first on the sign. Baskin won, and in 1945, Baskin-Robbins was born.
Today, Baskin-Robbins has locations in more than 50 countries, each serving the company's famous 31 flavors of ice cream, as well as frozen yogurt, sherbet, cakes and drinks. Baskin-Robbins is part of Dunkin' Brands Inc., which also franchises Dunkin' Donuts. Dunkin' Brands Inc. is owned by a consortium of private equity companies: Bain Capital, The Carlyle Group and Thomas H. Lee Partners.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $25,000
Ongoing Royalty Fee: 5.9%
Term of Franchise Agreement: Term of agreement not renewable
Veteran Incentives: Franchise fee waived; royalty waived for two years, reduced for years 3-5
Financial RequirementsNet Worth: $250,000
Liquid Cash Available: $125,000