- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$152K - $220K
- Units as of 2021
-
3 200.0% over 3 years
Street food culture may be one of the most authentic indulgences worldwide. For many people, sampling exciting assortments is an everyday treat. House of Chimney Cakes is a brand that was born from a passionate love for Kürtöskalács, the official Hungarian dessert.
Founded in 2017, House of Chimney Cakes serves customers with ice-cream-filled fresh chimney cakes decorated with toppings of choice. They believe that eating the pillow pastry cone is an out-of-world experience for dessert lovers who tease their taste buds with each precious bite.
Customers may adore House of Chimney Cake’s handcrafted desserts and the range of decorated delights that are both delicious and Insta-worthy.
House of Chimney Cakes began franchising in 2019 and is actively seeking to add franchisees to its name in both the United States and Europe.
Why You May Want To Start a House of Chimney Cakes Franchise
House of Chimney Cakes is a cake shop with a unique offering, and its popularity is expected to be driven by its excellent signature creations with no equivalent. Fans of the cake shop may consider it the go-to sweet destination that's constantly evolving to meet their needs.
House of Chimney Cakes is seeking individuals with an entrepreneurial spirit who are willing to manage the daily operations of running a cake shop.
Opening a House of Chimney Cakes franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
With two types of opportunities, including the single unit and area development franchises, House of Chimney Cakes may cater to your unique needs as a franchisee. The brand gives exclusive territories with both franchise types in an effort to help franchisees succeed.
What Might Make a House of Chimney Cakes Franchise a Good Choice?
House of Chimney Cakes wishes to be a place where customers can get delectable Hungarian sweet bread, congregating with loved ones to enjoy chimney cakes that are both delicious and worthy conversation starters. Franchisees are responsible for growing the established brand and delivering the quality that customers should come to love.
To be part of the House of Chimney Cakes 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 requirements.
How To Open a House of Chimney Cakes Franchise
House of Chimney Cakes understands that operating a cake shop for new franchisees can seem daunting at first. As a result, the brand offers comprehensive hands-on training to equip franchisees with all the expertise and skills necessary for success in an effort to make the process easier.
As you decide if opening a House of Chimney Cakes 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 House of Chimney Cakes would do well in your community. As part of your due diligence, you may want to speak to existing franchisees and ask the House of Chimney Cakes franchising team questions.
Company Overview
About House of Chimney Cakes
| Industry | Food |
|---|---|
| Related Categories | Miscellaneous Baked Goods, Baked Goods |
| Founded | 2017 |
| Leadership | Omar Lara, CEO |
| Corporate Address |
173 Center Street Promenade Anaheim, CA 92805 |
| Social | Facebook, Twitter, Instagram |
Business Overview
| Franchising Since | 2019 (5 years) |
|---|---|
| # of employees at HQ | 9 |
| Where seeking |
This company is offering new franchises in the following US states: California, Texas This company is offering new franchises in the following international regions: Europe (Western) |
| # of Units | 3 (as of 2021) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a House of Chimney Cakes 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
|
$25,000 - $35,000 |
|---|---|
|
Initial Investment
|
$152,220 - $220,350 |
|
Net Worth Requirement
|
$25,000 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
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 | House of Chimney Cakes 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 | 46 hours |
|---|---|
| Classroom Training | 10 hours |
| Ongoing Support |
Grand Opening
Site Selection
|
| Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
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No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 6 |
|
Are exclusive territories available?
|
Yes |
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