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Entrepreneur: Start & Grow Your Business

Fuzziwig's Candy Factory Inc.

Self-serve bulk candy

Background

Founded: 1996 Franchising since: 2002
656 Main Ave.
Durango, Colorado 81301
Phone:
(970)247-2770


Franchisor is a privately-held company with 6 employee(s); 6 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 44 0 1 13
2008 49 0 5 13
2007 47 0 5 12
2006 50 0 0 9
2005 45 0 11 16

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $182K-348.4K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $400K
Cash liquidity requirement: $75K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • 70% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 4
  • Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 7 days
  • At franchisee's location: 5 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Rankings

Franchise 500® rank:
#412 (2007);

Top New Ranking:
#34 (2007);