Gigi's Cupcakes LLC

Gigi's Cupcakes LLC

Not Ranked

Initial Investment

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

Change in Units

-1.1% -1 UNITS (1 Year)
+10.8% +10 UNITS (3 Years)

Fund Your Franchise with Guidant

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

Promoted Opportunities

Company Profile

Founded

2007

Franchising Since

2008 (8 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

Franchise 500® Rank History

Highest Rank: 267

Lowest Rank: 409

* Not all years were ranked

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

Related Franchises

Related Articles

This Holiday Chore Helped A Window-Washing Business Grow

This Holiday Chore Helped A Window-Washing Business Grow

They turned a chore into a business.
172 New Franchise Companies Hoping to be the Next Big Thing

172 New Franchise Companies Hoping to be the Next Big Thing

Fresh opportunities that have emerged in just the past three years.
Tracy Stapp Herold
This Biker Ditched a Blah Job for the Perfect Franchise

This Biker Ditched a Blah Job for the Perfect Franchise

Sometimes all you can change is where you work.
A Burger With a Hash Brown and Other Crazy Fast Food Items From Around the World

A Burger With a Hash Brown and Other Crazy Fast Food Items From Around the World

McDonald's in Canada's newest menu item is a cheesy sandwich with waffle fries and an ice cream sundae.
Rose Leadem
Cracking The Market: How To Build A Successful Franchise Business

Cracking The Market: How To Build A Successful Franchise Business

In order to guarantee a solid business strategy, both the franchisor and the franchisee need to share the same vision and have an open door of communication on how to continue developing the brand.
Lina El-Saheb

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 75 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