- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$217K - $458K
- Units as of 2021
-
23 28% over 3 years
Popbar believes it is renowned for its handcrafted gelatos on sticks made with pure natural ingredients. What may be a one-of-a-kind franchise, Popbar has grown into a fairly well-known franchise after making its first impression on customers in New York in 2010.
The co-founder, Reuben BenJehuda, made it a rule that the brand prepared all gelato using only real fruits and a few ingredients in an effort to cater to all demographics. They wish to re-invent scoop-free and delicious gelato, sorbet, and flavors ranging from chocolate and vanilla to unique tastes-green tea and passion fruit. It is all served in an effort to create a nostalgic sensation familiar to all customers.
Popbar began franchising in 2010, soon after its founding. Since beginning to franchise, it has over one dozen locations in the United States and a few internationally.
Why You May Want to Start a Popbar Franchise
Owning a Popbar store may allow a franchisee to grow and expand the brand in their location. The company holds fast to its ethical standards and would love to work with an individual who loves to venture into new opportunities with good managerial skills. Having a background in a food-related field is not mandatory. However, a franchisee with passion for the brand and its products may be fit for the franchise.
What Might Make a Popbar Franchise a Good Choice
Popbar is not just about satisfying a sweet tooth. It strives to provide a truly loving experience to rich dessert lovers in various locations. Having pride in their love-at-first-bite and easy-to-eat gelato, Popbar also creates healthy but indulgent treats with vegan and gluten-free options customized for memorable experiences.
As a franchisee, you should run the daily Popbar franchise operations efficiently and hire qualified workers. Absentee or part-time ownership is also allowed.
To be part of the Popbar 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 Popbar Franchise
Before opening a shop, Popbar offers its franchisees various support to ensure smooth transitioning to their location. Support offered will include real estate, on-the-job and classroom training, and marketing materials.
As you decide if opening a Popbar 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 Popbar franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
It is also advisable that before making any financial commitment or signing an agreement, you 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 Popbar franchising team questions.
Company Overview
About Popbar
Business Overview
Franchising Since | 2010 (13 years) |
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# of employees at HQ | 5 |
Where seeking |
This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
# of Units | 23 (as of 2021) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Popbar 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 |
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Initial Investment
|
$217,000 - $458,400 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$80,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
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 | Popbar has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory |
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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 | 16 hours |
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Classroom Training | 6.5 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Ad Templates
Social Media
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
Yes |
# of employees required to run | 5-10 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Popbar landed on this year's Franchise 500 Ranking versus previous years.
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