
Woops!
Macarons and coffee- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$80K - $366K
- Units as of 2018
-
40 122.2% over 3 years
Company Overview
About Woops!
- Industry
- Food
- Related Categories
- Cookies, Baked Goods, Miscellaneous Quick-Service Restaurants
- Founded
- 2012
- Parent Company
- ByWoops LLC
- Leadership
- Gil Kiryati, CEO
Franchising Overview
- Franchising Since
- 2015 (7 years)
- # of employees at HQ
- 14
- Where seeking
-
This company is seeking new franchisees in the following US states:
- # of Units
- 40 (as of 2018)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Woops! 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
- $79,875 - $365,675
- Net Worth Requirement
- $200,000 - $400,000
- Cash Requirement
- $50,000 - $150,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 4%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 5-10 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.
- In-House Financing
- Woops! offers in-house financing to cover the following: equipment
- Third Party Financing
- Woops! has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, inventory, accounts receivable
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
- 240 hours
- Ongoing Support
-
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Work with one of our Franchise Advisors and get what you need to start a Woops! franchise.
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