Schakolad Chocolate Factory
At a Glance
Products & Services: European-style chocolates, coffee, gelato
Number of Locations: 25
Total Investment: $111.6K - $144K
Began Franchising: 1999
About Schakolad Chocolate FactoryWhen Edgar Schaked graduated from Florida International University in Miami with a degree in mechanical engineering, he told his father he didn't want to be an engineer, he wanted to be a chocolate maker. Schaked's father, Baruch, had been making chocolates for more than 25 years, working in a chocolate factory in the family's native Argentina, studying different techniques throughout Europe, and opening his own shop in Miami.
From his father, Schaked learned the essentials of chocolate making and together they opened Schakolad Chocolate Factory in Winter Park, Florida, in 1995. Each shop features handmade chocolate treats including truffles, boxed assortments and chocolate body paint. Schakolad Chocolate Factory also custom-designs chocolate gifts and promotional items for corporate clients.
Alaska, Florida, Georgia, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Midwest, North Carolina, Northeast, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, South, South Carolina, Southeast, Southwest, Tennessee, Texas, Virginia, Vermont.
Franchisor is seeking new units in Asia, Canada, Central America, Middle East, Mexico, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $30,000
Ongoing Royalty Fee: $600/mo.
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 10% off franchise fee
Financial RequirementsNet Worth: $250,000
Liquid Cash Available: $75,000
OperationsNumber of employees needed to run franchised unit: 2 - 5. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
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