Gigi's Cupcakes LLC

Cupcakes, baked goods, coffee
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$227K - $426K
Units as of 2018
86 Decrease 7% over 3 years

Company Overview

Gina "Gigi" Butler started Gigi's Cupcakes after her brother visited a cupcake shop in New York and told her that her recipes were better and she should open her own shop where she lived in Nashville, Tennessee. She continued running her cleaning business during the day, and at night she began baking dozens of cupcakes in her kitchen, and sold them to friends who were pharmaceutical sales reps to take on their medical staff visits. In 2008, she opened her shop. The shop's landlord, Alan Thompson, had a background in franchising, so with his advice and assistance, along with that of her family, she began franchising.

About Gigi's Cupcakes LLC

Industry Food
Related Categories Baked Goods, Miscellaneous Quick-Service Restaurants, Miscellaneous Food/Beverage Businesses
Founded 2007
Parent Company Gatti's Pizza
Leadership Judy Renfrow, CEO
Corporate Address 550 Bailey Ave., #650
Ft. Worth, TX 76107
Social Facebook, Instagram

Business Overview

Franchising Since 2008 (16 years)
# of employees at HQ 30
# of Units 86 (as of 2018)

Information for Franchisees

Here's what you need to know if you're interested in opening a Gigi's Cupcakes LLC 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 Information Circle
$35,000
Initial Investment Information Circle
$226,700 - $425,500
Net Worth Requirement Information Circle
$300,000
Cash Requirement Information Circle
$100,000
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
2.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 Gigi's Cupcakes LLC 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.

On-The-Job Training 165 hours
Classroom Training 21 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Ad Templates
Regional Advertising
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Gigi's Cupcakes LLC landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022