Schakolad Chocolate Factory

Freshly-made European-style chocolates

Background

Founded: 1995 Franchising since: 1999
When 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.

Address:
5966 Lakehurst Dr.
Orlando, Florida 32819
Phone:
(407)248-6400


Franchisor has 4 employee(s); 10 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 30 0 2 1
2008 27 0 2 1
2007 30 0 2 1
2006 33 0 2 0

Where Seeking Franchisees
In the U.S. 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
Outside the U.S.: Middle East

Exclusive territories available.

Costs and Fees

Total investment: $111,600 - $144,000
Franchise fee: $18,000 - $30,000
Ongoing royalty fee: $600/mo.
Term of agreement: 5 years, renewable


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

Qualifications
Net worth requirement: $250,000
Cash liquidity requirement: $75,000
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 2 - 5
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1-2 weeks
  • At franchisee's location: 1-2 weeks

Ongoing Support
  • Newsletter
  • Grand opening
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Regional advertising

Rankings

Franchise 500® rank:
#373 (2007); #419 (2006);


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