
Nestle Toll House Cafe by Chip
Bakery cafes- Units as of 2020
-
90 (65 lost in 3 years)41.9%
- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$149K - $555K
Company Overview
About Nestle Toll House Cafe by Chip
- Industry
- Food
- Related Categories
- Miscellaneous Baked Goods, Baked Goods, Cookies
- Founded
- 2000
- Parent Company
- Crest Foods Inc.
- Leadership
- Ziad Dalal, CEO
Franchising Overview
- Franchising Since
- 2000 (21 years)
- # of employees at HQ
- 10
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 90 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Nestle Toll House Cafe by Chip 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
- $18,750 - $37,500
- Initial Investment
- $149,450 - $554,800
- Net Worth Requirement
- $300,000
- Cash Requirement
- $100,000
- Veteran Incentives
- 50% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 1.5%
- 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
- Nestle Toll House Cafe by Chip has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
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
- 48 hours
- Classroom Training
- 48 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesMarketing Planning & SupportSocial MediaEmail MarketingLoyalty Program/App
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
- # of employees required to run
- 6
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where Nestle Toll House Cafe by Chip landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Nestle Toll House Cafe by Chip ranked on other franchise lists? Find out below.
Top Franchises for Veterans
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse more franchises that are similar to Nestle Toll House Cafe by Chip.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
What You Really Need to Look for When Considering a Franchise
Money aside, what do you care about?
Entrepreneur Franchise of the Day: Interim Healthcare
Interim Healthcare describes itself as 'the leading home care, hospice and medical staffing company.'
Entrepreneur Franchise of the Day: American Freight
American Freight is a retail company that sells furniture, mattresses and home appliances.
Entrepreneur Franchise of the Day: My Business Venture
My Business Venture helps small businesses improve efficiency and exposure to become more profitable.
Free Webinar | April 5 How To Start Building Your Franchise Organization
Interested in franchising your business but curious to know what the process is like?
Entrepreneur Franchise of the Day: Griswold Home Care
Griswold Home Care was founded in 1982 to help people remain independent in their homes.