- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$502K - $819K
- Units as of 2023
-
20 9% over 3 years
Hurts Donut Company, regarded as the "rebel of all donuts," is a fast-food company specializing in making donuts that they believe ignore all the rules of traditional donuts. With their uniform-free toppings, a Hurts Donut Company may thrive in the food stores industry as the bakery that features dessert donuts and pastries, customized donuts, gourmet, and classic traditional variations.
Timothy and Kas Clegg, the founders of Hurts Donut Company, opened the franchise's first donut shop in downtown Springfield, Missouri, in 2013. It has since grown to become a growing donut brand. Hurts Donut Company started in 2015 and now boasts more than 20 stores in over ten states, offering baked food specialties and restaurant services.
Why You May Want to Start a Hurts Donut Company Franchise
Hurts Donut Company strives to always be on time in case of any pastry "emergencies." The company strives to reach customers all across the United States, including schools and nonprofits, where they donate portions of their daily sales to charity. This diversification in products and services may help customers gain easy access to the brand.
Potential Hurts Donut Company franchisees do not necessarily need a background in a bakery. However, passionate individuals who are motivated and love to try new opportunities may be the right franchisee for the Hurts Donut Company franchise.
What Might Make a Hurts Donut Company Franchise a Good Choice?
Hurts Donut Company emphasizes being consistent in producing good products and services while maintaining the brand's integrity. Hurts Donut Company believes it provides products to all demographics and income levels, with some of their products priced at just over a dollar. Its extensive outreach and good brand name may help you tap into the loyal and potential customer base.
To be part of the Hurts Donut Company, you should make sure you're financially ready for initial capital investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Hurts Donut Company Franchise
As you decide if opening a Hurts Donut Company franchise is the right move for you, make sure you take time to explore the opportunity by researching the brand and your local area. While competition is healthy, too much of it may not allow for the most possible growth.
If selected as a franchisee, Hurts Donut Company will offer franchisees a multi-week training course at the company's headquarters in Springfield, Missouri. They will also offer staff training before the store opening. After that, the franchisee will receive continual training and ongoing support.
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 questions to the Hurts Donut Company franchising team.
Company Overview
About Hurts Donut Company
Industry | Food |
---|---|
Related Categories | Doughnuts, Miscellaneous Baked Goods, Breakfast/Brunch Restaurants |
Founded | 2013 |
Parent Company | Hurts Donut Co. LLC |
Leadership | Dr. Timothy Clegg, Founder/CEO |
Corporate Address |
2034 W. Vista Springfield, MO 65806 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 2015 (9 years) |
---|---|
# of employees at HQ | 5 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Wisconsin, West Virginia, Wyoming |
# of Units | 20 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Hurts Donut Company 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
|
$35,000 |
---|---|
Initial Investment
|
$502,000 - $819,000 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$250,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
7% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
5-10 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.
In-House Financing | Hurts Donut Company offers in-house financing to cover the following: franchise fee |
---|---|
Third Party Financing | Hurts Donut Company 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 | 60 hours |
---|---|
Classroom Training | 20 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 |
Co-op Advertising
Ad Templates
National Media
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?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 20 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Hurts Donut Company landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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