Start a Totally Nutz Franchise in 2024

2024 Franchise 500 Rank: N/R Ranked #406 last year

Initial investment: $65K - $227K

Units as of 2023: 76 16.9% over 3 years

With a variety of cinnamon-glazed nuts, Totally Nutz is an emerging vendor of event-type snacks. Totally Nutz is known for its cinnamon-glazed cashews, pecans, and almonds. Their sweet and salty aroma wafts through your local farmers' market or baseball stadium, just beckoning passersby to satisfy their cravings with a crazy good treat.

Did we mention that Totally Nutz was a vendor at the 2003 World Series? Or that they had fourteen venues at the 2002 Olympic Games in Salt Lake City, Utah? Talk about going for gold with these glazed goodies.

Founded in 1990, Totally Nutz started their journey under a different name: "Barker's Old Fashioned Almonds.” They sold their first franchise in 2014 and have since grown to over 45 franchises located throughout the United States.

Why You May Want to Start a Totally Nutz Franchise

Totally Nutz is looking for franchisees dedicated to providing outstanding service in a family-friendly environment, are hungry to succeed, and enjoy having fun. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a Totally Nutz franchise may be a good decision for you.

Totally Nutz has been ranked in Entrepreneur's Franchise 500 multiple times in the past few years. This ranking is based on an evaluation of more than 150 data points in the areas of cost and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

What Might Make a Totally Nutz Franchise a Good Choice?

Opening a Totally Nutz franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. Totally Nutz allows for both full-time and part-time franchisees, which could offer you the opportunity to build one location or an empire.

To be part of the Totally Nutz team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open a Totally Nutz Franchise

As you decide if opening a Totally Nutz franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Totally Nutz franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Totally Nutz franchising team questions.

It may also be a good idea to reach out to an attorney or a financial advisor to ensure that you have the necessary financial resources to own and operate a Totally Nutz franchise.

Company Overview

About Totally Nutz

Industry	Food
Related Categories	Miscellaneous Food/Beverage Businesses, Miscellaneous Quick-Service Restaurants
Founded	1990
Leadership	Yvette Barker, VP
Corporate Address	69 E. 2580 S. St. George, UT 84790
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since	2014 (10 years)
# of employees at HQ	7
Where seeking	This company is offering new franchises throughout the US.
# of Units	76 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Totally Nutz franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$27,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$65,372 - $226,500
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$75,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$25,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	10% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	$500/yr.
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Totally Nutz has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training	33 hours
Ongoing Support	Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	Yes
# of employees required to run	2
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes