Gigi's Cupcakes LLC

Gigi's Cupcakes LLC

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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
Regional Media

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Behind This Year's Entrepreneur's Franchise 500® Ranking

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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

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