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- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$213K - $334K
- Units as of 2021
25 13.6% over 3 years
Here’s what you need to know if you’re interested in opening a Peterbrooke Chocolatier franchise.
Peterbrooke Chocolatier was established in 1983 to bring the art of European chocolate to the United States. Peterbrooke Chocolatier prides itself as “Your Neighborhood Chocolatier,” offering a wide range of European-style handcrafted chocolates.
Peterbrooke Chocolatier has successfully converted the art of European chocolate creation into a truly American experience. Peterbrooke Chocolatier has been franchising since 2006. With at least 25 franchise and company-owned units distributed across the country. Peterbrooke Chocolatier is looking to expand not just in the U.S. but worldwide.
Why You May Want to Start a Peterbrooke Chocolatier Franchise
If you consider yourself a chocolate connoisseur and wish to make a business out of it, then Peterbrooke Chocolatier is undoubtedly one of your best options. Franchisees who have a good work ethic, determination, and love new opportunities are also more than likely to make the franchise thrive.
Franchisees don’t necessarily need prior experience in the food industry, though previous marketing, small company ownership, or management expertise is always beneficial. Franchisees are responsible for hiring and training staff and coordinating business operations.
Investing in the Peterbrooke Chocolatier franchise should give you a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. Having said that, how much profit you’ll make ultimately depends on local demand.
What Might Make a Peterbrooke Chocolatier Franchise a Good Choice?
Peterbrooke Chocolatier has been ranked in Entrepreneur’s Top Food Franchises in the Candy category. This ranking is based on costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
Peterbrooke Chocolatier provides a multi-revenue-stream business model that could offer a unique confectionery shop experience while maximizing earnings. While retail opportunities are restricted to sales within the shop, a Peterbrooke Chocolatier franchise may have other revenue streams such as:
To be part of the Peterbrooke Chocolatier team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
How To Open a Peterbrooke Chocolatier Franchise
As you decide if opening a Peterbrooke Chocolatier franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Peterbrooke Chocolatier franchise would do well in your community and align with your own values.
You may want to speak to existing franchisees and ask the Peterbrooke Chocolatier franchising team questions as part of your due diligence.
If awarded a franchise, franchisees could receive a great deal of support from the Peterbrooke Chocolatier brand throughout the franchising process. Franchisees may have the option to open multiple units or focus on one unit and grow as their location grows. Peterbrooke Chocolatier offers exclusive territories that will protect you from other franchisees opening up a store too close to yours. Franchisees will work with a Peterbrooke Chocolatier construction coordinator to ensure that each location matches the correct style and customer expectations.
About Peterbrooke Chocolatier
- Franchising Since
- 2006 (16 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: South America, Mexico
- # of Units
- 25 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Peterbrooke Chocolatier 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $212,750 - $333,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $150,000 - $1,500,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $100,000 - $1,000,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 20% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Peterbrooke Chocolatier 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
- 204 hours
- Classroom Training
- 39 hours
- Ongoing Support
Purchasing Co-opsMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite Selection
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Curious to know where Peterbrooke Chocolatier ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Peterbrooke Chocolatier.
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