Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory

Chocolates, confections
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2021 Franchise 500 Rank
N/R Ranked #377 last year
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Initial investment
$187K - $477K
Units as of 2021
213 14.8% over 3 years

Company Overview

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.

About Rocky Mountain Chocolate Factory

Industry
Food
Related Categories
Candy
Founded
1981
Parent Company
Rocky Mountain Chocolate Factory Inc.
Leadership
Bryan Merryman, CEO/CFO/COO
Ticker Symbol
RMCF

Franchising Overview

Franchising Since
1982 (39 years)
# of employees at HQ
150
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
213 (as of 2021)

Franchisor Information

Corporate Address
265 Turner Dr.
Durango, CO 81303

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Rocky Mountain Chocolate Factory 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
$25,000
Initial Investment
$186,517 - $476,793
Net Worth Requirement
$250,000
Cash Requirement
$100,000
Veteran Incentives
$10,000 off franchise fee
Royalty Fee
5%
Ad Royalty Fee
to 2%
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
Rocky Mountain Chocolate Factory has relationships with third-party sources which offer financing to cover the following: franchise fee

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
26.5 hours
Classroom Training
25.5 hours
Additional Training
As needed
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty 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
2
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Rocky Mountain Chocolate Factory landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Rocky Mountain Chocolate Factory ranked on other franchise lists? Find out below.

Ranked #115

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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