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Kilwin's Chocolates Franchise

2012 Franchise 500
#251
At a Glance

Products & Services: Chocolate, fudge, ice cream

Number of Locations: 80

Total Investment: $307.9K - 496.26K

Founded: 1946

Began Franchising: 1982

Private Owned

About Kilwin's Chocolates Franchise

In 1947 Don and Katy Kilwin opened Kilwin's Bakery in Petoskey, Michigan. Soon after opening the bakery, the Kilwins began making candy. Six years later the Kilwins sold their bakery to focus on candy making full-time, and in 1978 sold the candy business to Wayne and Lorene Rose. The Roses began offering Kilwin's franchises in 1982.

Today Kilwin's Chocolates, now owned by Don and Robin McCarty, sells chocolates, fudge and ice cream from shops located in malls and strip centers across the country.

Franchise Units

Year U.S. Canadian International Company Owned
2011 77 0 0 3
2010 72 0 0 1
2009 68 0 0 2
2008 71 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alabama, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Missouri, Midwest, North Carolina, Northeast, New Jersey, New York, Ohio, Pennsylvania, South, South Carolina, Southeast, Tennessee, Virginia, Wisconsin, West Virginia.

Startup Costs, Ongoing Fees and Financing

Total Investment: $307,897 - $496,263
Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $500,000
Liquid Cash Available: $100,000 - $120,000
Operations
28% 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).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 week. Online training; store visits
Ongoing Support: Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Other marketing support: Promotions & marketing assistance

Franchise Ranking History

Franchise 500®: #251 (2012), #423 (2011), #275 (2010), #266 (2009), #260 (2008),

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