Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory

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Rocky Mountain Chocolate Factory
#425

Initial Investment

LOW: $191,288
HIGH: $363,016

Change in Units

+3.6% +10 UNITS (1 Year)
-2.1% -6 UNITS (3 Years)

Company Profile

Founded

1981

Franchising Since

1982 (35 Years)

Corporate Address

265 Turner Dr. Durango, CO 81303

CEO

Frank Crail

Parent Company

Rocky Mountain Chocolate Factory Inc.

Ticker Symbol

About Rocky Mountain Chocolate Factory

On Memorial Day Weekend, 1981, Franklin Crail wasn't on vacation; instead, he was opening the doors to a new business. That weekend, residents of Durango, Colorado, got the world's first taste of a Rocky Mountain Chocolate Factory.

Today, visitors to any of the company's more than 200 U.S. locations can watch fudge being made, bite into fresh caramel apples, and purchase a variety of candies and chocolates.

Financials

Financial Requirements

Initial Investment

$191,288 - $363,016

Net-worth Requirement

$250,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$24,500 - $24,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

to 2%

Financing Options

Veteran Incentives


$5,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 26.5 hours

Training at headquarters: 25.5 hours

Additional Training: As needed

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 2 - 5

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Disclaimer

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: August 9th, 2017

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