- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$565K - $888K
- Units as of 2015
-
3
Company Overview
About Schwietert's Cones & Candy
Business Overview
Franchising Since | 2014 (11 years) |
---|---|
# of employees at HQ | 14 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 3 (as of 2015) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Schwietert's Cones & Candy 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
|
$50,000 |
---|---|
Initial Investment
|
$564,500 - $888,000 |
Net Worth Requirement
|
$750,000 |
Cash Requirement
|
$150,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
4.5% |
Term of Agreement
|
5 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 | Schwietert's Cones & Candy has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 4-6 weeks |
---|---|
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
|
Marketing Support |
Regional Advertising
|
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 | 8-15 |
Are exclusive territories available?
|
No |
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