Gigi's Cupcakes LLC

Gigi's Cupcakes LLC

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Initial Investment

LOW: $237,200
HIGH: $397,500

Change in Units

+2.2% +2 UNITS (1 Year)
+14.5% +12 UNITS (3 Years)

Company Profile

Founded

2007

Franchising Since

2008 (9 Years)

Corporate Address

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

CEO

Judy Renfrow

About Gigi's Cupcakes LLC

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.

Financials

Financial Requirements

Initial Investment

$237,200 - $397,500

Net-worth Requirement

$250,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2.5%

Financing Options

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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 14 days

Training at headquarters: 4 days

Ongoing Support
Meetings
Grand Opening
Field Operations

Marketing Support
National Media

Related Franchises

Related Articles

Why Opening A Franchise Business Is Better Than Starting Your Own

Why Opening A Franchise Business Is Better Than Starting Your Own

Considering venturing into the world of entrepreneurship by starting a franchise business? zpizza UAE founder Harsh Pancholia shares his thoughts.
Harsh Pancholia
3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

3 Key Questions That Will Help You Decide If Your Business Can Be Franchised

If you're not sure that franchising is for you, answering these three questions could be all you need to do to decide.
Rick Grossmann
To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

To Get Branding Right, an Entrepreneur Needs to Emotionally Connect with the Product First

Your value system should be clear and there should be certain amount of consistency in company processes - Amol Arora
Sneha Banerjee
The Pros and Cons of Franchising Your Business

The Pros and Cons of Franchising Your Business

Before you take the first step to turn your business into a franchise, read these advantages and disadvantages of franchising.
Rick Grossmann
Smart Tips for Growing Your Franchise

Smart Tips for Growing Your Franchise

Once you've launched your franchise, find out what more you can do to grow your business.
Rick Grossmann

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 19th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 100 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012