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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$455K - $1.1M
Units as of 2021
13 550.0% over 3 years

Company Overview

About Randy's Donuts

Industry
Food
Related Categories
Doughnuts, Baked Goods
Founded
1952
Parent Company
Quad Queens LLC
Leadership
Mark Kelegian, President

Franchising Overview

Franchising Since
2019 (3 years)
# of employees at HQ
9
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
13 (as of 2021)

Franchisor Information

Corporate Address
419 Hindry Ave., #B
Inglewood, CA 90301

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Randy's Donuts 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
$35,000
Initial Investment
$455,250 - $1,109,000
Net Worth Requirement
$1,000,000 - $5,000,000
Cash Requirement
$300,000
Royalty Fee
5%
Ad Royalty Fee
1-4%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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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
Randy's Donuts 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
123.5-154 hours
Classroom Training
26-42 hours
Ongoing Support
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
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
Are exclusive territories available?
Yes
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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