Schakolad Chocolate Factory

Schakolad Chocolate Factory

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Promoted Opportunities

Initial Investment

LOW: $121,500
HIGH: $153,500

Change in Units

-12.0% -3 UNITS (1 Year)
-8.3% -2 UNITS (3 Years)

Company Profile

Founded

1995

Franchising Since

1999 (18 Years)

Corporate Address

5718 W. Irlo Bronson Memorial Hwy. Kissimmee, FL 34746

CEO

Edgar Schaked

About Schakolad Chocolate Factory

When Edgar Schaked graduated from Florida International University in Miami with a degree in mechanical engineering, he told his father he didn’t want to be an engineer, he wanted to be a chocolate maker. Schaked’s father, Baruch, had been making chocolates for more than 25 years, working in a chocolate factory in the family’s native Argentina, studying different techniques throughout Europe, and opening his own shop in Miami.

From his father, Schaked learned the essentials of chocolate making and together they opened Schakolad Chocolate Factory in Winter Park, Florida, in 1995. Each shop features handmade chocolate treats including truffles, boxed assortments and chocolate body paint. Schakolad Chocolate Factory also custom-designs chocolate gifts and promotional items for corporate clients.

Financials

Financial Requirements

Initial Investment

$121,500 - $153,500

Net-worth Requirement

$250,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$39,500

Ongoing Royalty Fee

$600/mo.

Ad Royalty Fee

$100/mo.

Financing Options

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Training Onsite: 6 days

Training at headquarters: 5 days

Ongoing Support
Purchasing Co-ops
Meetings
Grand Opening
Internet
Field Operations

Absentee Ownership Allowed

Number of employees required to run: 2 - 5

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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 1st, 2016

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