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2021 Franchise 500 Rank
#121 Ranked #105 last year
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Initial investment
$178K - $871K
Units as of 2021
150 27.1% over 3 years

Company Overview

In 1947 Don and Katy Kilwin opened Kilwin's Bakery in Petoskey, Michigan. Soon after opening the bakery, the Kilwins began making candy. Six years later the Kilwins sold their bakery to focus on candy making full-time, and in 1978 sold the candy business to Wayne and Lorene Rose. The Roses began offering Kilwin's franchises in 1982.

Today Kilwin's Chocolates, now owned by Don and Robin McCarty, sells chocolates, fudge and ice cream.

About Kilwins

Industry
Food
Related Categories
Candy
Founded
1947
Leadership
Don McCarty, CEO

Franchising Overview

Franchising Since
1982 (39 years)
# of employees at HQ
35
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
150 (as of 2021)

Franchisor Information

Corporate Address
1050 Bay View Rd.
Petoskey, MI 49770

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Kilwins 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
$20,000 - $40,000
Initial Investment
$177,534 - $870,984
Net Worth Requirement
$500,000
Cash Requirement
$125,000
Veteran Incentives
$10,000 off franchise fee
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
10 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
Kilwins has relationships with third-party sources which offer financing to cover the following: franchise fee, 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.

On-The-Job Training
56-173 hours
Classroom Training
27-43 hours
Additional Training
Online training; store visits
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
6-10
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Kilwins landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Kilwins ranked on other franchise lists? Find out below.

Ranked #121

Franchise 500 Ranking

Ranked #1 in Candy

Best of the Best

Ranked #1 in Candy

Top Food Franchises

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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