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Doc Popcorn

2015 Franchise 500
#239
At a Glance

Products & Services: Kettle-cooked popcorn

Number of Locations: 96

Total Investment: $39K - $355.1K

Founded: 2003

Began Franchising: 2009

About Doc Popcorn

Rob and Renee Israel began popping their own flavored popcorn in their New York City apartment in 2003. They then moved to Boulder, Colorado, and started selling their fresh-popped kettle-cooked popcorn from carts and kiosks in malls, stadiums and entertainment venues throughout the state. Doc Popcorn began franchising in 2009.

Franchise Units

Year U.S. Canadian International Company Owned
2015 86 0 8 2
2014 84 0 3 5
2013 86 0 0 1
2012 85 0 0 0
2011 44 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $39,000 - $355,050
Franchise Fee: $7,500 - $15,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 15% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $80,000
Operations
Franchise can be run from home. 20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. 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: 5 days. At franchisee's location: 4 days.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives, Lease Negotiation
Marketing Support: Ad slicks, National media,
Other marketing support: Social media, PR

Franchise Ranking History

Franchise 500®: #239 (2015), #234 (2014), #255 (2013),
Fastest-Growing: #84 (2013),
Top New: #8 (2014), #11 (2013),