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- 2022 Franchise 500 Rank
#357 Ranked #213 last year
- Initial investment
$65K - $216K
- Units as of 2022
72 44.0% over 3 years
Here’s what you need to know if you’re interested in opening a Totally Nutz franchise.
With a variety of cinnamon-glazed nuts, Totally Nutz is an emerging vendor of event-type snacks. Totally Nutz is known for its cinnamon-glazed cashews, pecans, and almonds. Their sweet and salty aroma wafts through your local farmers' market or baseball stadium, just beckoning passersby to satisfy their cravings with a crazy good treat.
Did we mention that Totally Nutz was a vendor at the 2003 World Series? Or that they had fourteen venues at the 2002 Olympic Games in Salt Lake City, Utah? Talk about going for gold with these glazed goodies.
Founded in 1990, Totally Nutz started their journey under a different name: "Barker's Old Fashioned Almonds.” They sold their first franchise in 2014 and have since grown to over 45 franchises located throughout the United States.
Why You May Want to Start a Totally Nutz Franchise
Totally Nutz is looking for franchisees dedicated to providing outstanding service in a family-friendly environment, are hungry to succeed, and enjoy having fun. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a Totally Nutz franchise may be a good decision for you.
Totally Nutz has been ranked in Entrepreneur's Franchise 500 multiple times in the past few years. This ranking is based on an evaluation of more than 150 data points in the areas of cost and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make a Totally Nutz Franchise a Good Choice?
Opening a Totally Nutz franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. Totally Nutz allows for both full-time and part-time franchisees, which could offer you the opportunity to build one location or an empire.
To be part of the Totally Nutz team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Totally Nutz Franchise
As you decide if opening a Totally Nutz franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Totally Nutz franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Totally Nutz franchising team questions.
It may also be a good idea to reach out to an attorney or a financial advisor to ensure that you have the necessary financial resources to own and operate a Totally Nutz franchise.
About Totally Nutz
- Franchising Since
- 2014 (8 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 72 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Totally Nutz 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $65,372 - $216,000
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 10% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Totally Nutz 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.
- Classroom Training
- 33 hours
- Ongoing Support
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in franchise ownership like Totally Nutz? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Totally Nutz landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where Totally Nutz ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to Totally Nutz.
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