- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$176K - $243K
- Units as of 2016
-
1
Company Overview
About Milani Gelateria
Business Overview
| Franchising Since | 2014 (10 years) |
|---|---|
| # of Units | 1 (as of 2016) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Milani Gelateria 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
|
$19,900 |
|---|---|
|
Initial Investment
|
$176,400 - $242,600 |
|
Cash Requirement
|
$20,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
to 2% |
| Is franchise term renewable? | No |
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 | Milani Gelateria has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
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?
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Yes |
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