Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory

Chocolates, confections
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$187K - $477K
Units as of 2021
213 14.8% over 3 years

Here’s what you need to know if you’re interested in opening a Rocky Mountain Chocolate Factory franchise.

Rocky Mountain Chocolate Factory is an internationally recognized manufacturer and retailer of fudges, self-serve yogurt, and gourmet chocolate. The company has a 53,000 square foot factory located in southwestern Colorado on the slopes of the Rocky Mountains. 

An extensive line of more than 300 types of premium chocolate and other confectionery products are crafted and supplied to franchisees by a fleet of refrigerated trucks. The company, which was founded in 1981 and began franchising the following year, currently has more than 200 locations around the world. Every year, their factory churns out more than 1.3 million kilograms of gourmet chocolate. 

Rocky Mountain Chocolate Factory has ranked in Entrepreneur’s Franchise 500 many times over the years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Why You May Want to  Start a Rocky Mountain Chocolate Factory Franchise

Rocky Mountain Chocolate Factory has grown to become a well-received franchise opportunity in the country. Customers can find stores in high-traffic areas that include airport terminals, resorts, casinos, street fronts, and malls. This strategic location choice is to leverage the increased foot traffic in these locations around the U.S. and Canada.

Since its inception, Rocky Mountain Chocolate Factory has built and maintained a reputation for gourmet chocolates and friendly customer service. This has enabled the company to build a loyal customer base among chocolate lovers.

Rocky Mountain Chocolate Factory values its franchisees highly and considers them to be the backbone of the franchise. An ideal franchisee has previous business knowledge with a passion for serving delicious treats. 

What Might Make Rocky Mountain Chocolate Factory a Good Choice?

Chocolate is typically thought to be a winning retail  item, with a huge demand for premium chocolate and yogurt products worldwide. The Rocky Mountain Chocolate Factory franchise offers a unique opportunity for franchisees to enjoy what they do while serving their local community. 

To become a franchisee with Rocky Mountain Chocolate Factory, you need to have a minimum working capital and net worth, both of which will be set by Rocky Mountain Chocolate Factory during the franchise process. You will also need to pay a franchise fee and be prepared for other startup costs.

When you begin to show an interest in opening a franchise with Rocky Mountain Chocolate Factory, it would be wise to consult with a financial planner and an attorney to ensure you can move forward with your various investments.

How Do You Start a Rocky Mountain Chocolate Factory Franchise?

As you research the steps to become a franchisee with Rocky Mountain Chocolate Factory, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community. 

Rocky Mountain Chocolate Factory may provide support to franchisees as they begin their franchising journey. Franchisees may receive support with choosing site location, design, and building. Franchisees may also attend at least two months of training at corporate headquarters, frequenting what is lovingly called Chocolate University before the grand opening of their franchise location.

Find Your Perfect Franchise

Company Overview

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

Franchising Overview

Franchising Since
1982 (40 years)
# of employees at HQ
150
# 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
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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
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?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2-4
Are exclusive territories available?
No
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Franchise 500 Ranking History

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

Stock History for Rocky Mountain Chocolate Factory

Ticker Symbol for Rocky Mountain Chocolate Factory: RMCF

Additional Rankings

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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