Gigi's Cupcakes LLC

Cupcakes, baked goods, coffee
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$227K - $426K
Units as of 2018
86 7.5% over 3 years

Company Overview

Gina "Gigi" Butler started Gigi's Cupcakes after her brother visited a cupcake shop in New York and told her that her recipes were better and she should open her own shop where she lived in Nashville, Tennessee. She continued running her cleaning business during the day, and at night she began baking dozens of cupcakes in her kitchen, and sold them to friends who were pharmaceutical sales reps to take on their medical staff visits. In 2008, she opened her shop. The shop's landlord, Alan Thompson, had a background in franchising, so with his advice and assistance, along with that of her family, she began franchising.

About Gigi's Cupcakes LLC

Industry
Food
Founded
2007
Parent Company
Gatti's Pizza
Leadership
Judy Renfrow, CEO

Franchising Overview

Franchising Since
2008 (14 years)
# of employees at HQ
30
Where seeking

This company is seeking new franchisees in the following US states:

This company is seeking new franchisees in the following international regions:

# of Units
86 (as of 2018)

Franchisor Information

Corporate Address
550 Bailey Ave., #650
Ft. Worth, TX 76107

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Gigi's Cupcakes LLC 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
$226,700 - $425,500
Net Worth Requirement
$300,000
Cash Requirement
$100,000
Royalty Fee
5%
Ad Royalty Fee
2.5%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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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
Gigi's Cupcakes LLC 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
165 hours
Classroom Training
21 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Ad Templates
Regional Advertising
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
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Gigi's Cupcakes LLC landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021