Nestle Toll House Cafe by Chip
Bakery cafes
- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$146K - $586K
- Units as of 2021
-
88 41% over 3 years
Nestle Toll House Cafe by Chip is a dessert cafe franchise offering cookies, cookie cakes, brownies, ice cream, milkshakes, smoothies, and a whole range of hot and frozen drinks.
Nestle Toll House Cafe by Chip has been in business since 2000. It began franchising later that year. Since beginning to franchise, Nestle Toll House Cafe by Chip has opened more than 80 franchises throughout the United States. It offers exclusive territories for new franchisees, potentially making it so you can operate your business without worrying about your business being taken by other Nestle Toll House Cafe by Chip franchisees.
Why You May Want to Start a Nestle Toll House Cafe by Chip Franchise
A love for sweets may be one of the best reasons to open a Nestle Toll House Cafe by Chip. The company is also looking for franchisees who can deliver the same vibe and sense of innovation that may be loved by their millions of customers. If you see a fit, then you could be the next perfect candidate for a franchise brand that has stood the test of time.
Nestle Toll House Cafe by Chip may allow for absentee ownership for franchisees that are not looking to get involved in a hands-on manner.
They also may offer in-house funding to help franchisees cover the cost of the franchise fee if they qualify. Furthermore, they have partnered with third-party financial lenders that may help cover the costs of the equipment, inventory, startup, accounts receivable, and payroll if you qualify.
What Might Make a Nestle Toll House Cafe by Chip Franchise a Good Choice?
Support may be guaranteed when you become a Nestle Toll House Cafe by Chip franchisee. The brand will guide you through every step and provide training on every aspect of your new business. As you go through the process, you may find that operating a Nestle Toll House Cafe by Chip is very simple and gives you time to focus on business development.
To be part of the Nestle Toll House Cafe by Chip 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.
How To Open a Nestle Toll House Cafe by Chip Franchise
As you decide if opening a Nestle Toll House Cafe by Chip 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 Nestle Toll House Cafe by Chip 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 Nestle Toll House Cafe by Chip franchising team questions.
Company Overview
About Nestle Toll House Cafe by Chip
| Industry | Food |
|---|---|
| Related Categories | Bakery Cafes, Baked Goods, Cookies, Miscellaneous Baked Goods |
| Founded | 2000 |
| Parent Company | Crest Foods Inc. |
| Leadership | Ziad Dalal, CEO |
| Corporate Address |
101 W. Renner Rd., #240 Richardson, TX 75082 |
| Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
| Franchising Since | 2000 (23 years) |
|---|---|
| # of employees at HQ | 10 |
| Where seeking |
This company is offering new franchisees in the following US states: Alaska, Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming |
| # of Units | 88 (as of 2021) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Nestle Toll House Cafe by Chip 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
|
$18,750 - $37,500 |
|---|---|
|
Initial Investment
|
$145,500 - $585,800 |
|
Veteran Incentives
|
25% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1.5% |
|
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.
| In-House Financing | Nestle Toll House Cafe by Chip offers in-house financing to cover the following: franchise fee |
|---|---|
| Third Party Financing | Nestle Toll House Cafe by Chip has relationships with third-party sources which offer financing to cover the following: 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 | 68 hours |
|---|---|
| Classroom Training | 16 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Social Media
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 6-10 |
|
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Nestle Toll House Cafe by Chip? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Nestle Toll House Cafe by Chip landed on this year's Franchise 500 Ranking versus previous years.
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