Start-Up Costs and Fees |
||
| Gigi's Cupcakes | Cookie Factory Bakery | |
| Investment | 226700 - 425500 | 98000 - 237500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 2007 | 1970 |
| Year Franchised | 2008 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gigi's Cupcakes | Cookie Factory Bakery | |
| Experience | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. | |
Financing Options |
||
| Gigi's Cupcakes | Cookie Factory Bakery | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gigi's Cupcakes | Cookie Factory Bakery | |
| Training | On-The-Job Training: 91 hours Classroom Training: 52 hours | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Ad Templates National Media Social media SEO Email marketing Loyalty program/app | Ad slicks |
| Operations | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Gigi's Cupcakes | Cookie Factory Bakery | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Arkansas, Iowa, Illinois, Kansas, Michigan, Minnesota, Missouri, Nebraska, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
| Franchise Fee | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
| Royalty Fee | |
| Gigi's Cupcakes | 5% |
| Cookie Factory Bakery | 5% |
| Advertising Fee | |
| Gigi's Cupcakes | 2.50% |
| Cookie Factory Bakery | |
| Year Founded | |
| Gigi's Cupcakes | 2007 |
| Cookie Factory Bakery | 1970 |
| Year Franchised | |
| Gigi's Cupcakes | 2008 |
| Cookie Factory Bakery | 1991 |
| Term Of Agreement | |
| Gigi's Cupcakes | 10 years |
| Cookie Factory Bakery | 15 years |
| Renewal Fee | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | 1/4 of then-current fee |
Business Experience Requirements |
|
| Experience | |
| Gigi's Cupcakes | You will need prior experience in running a business, preferably retail. Passion - We want you to be excited and enthusiastic about owning a cupcake shop. Involvement - You are expected be involved in your business on a daily basis, because we find greater success with owners that are actively involved in the operation of their shop. This business requires real commitment, attention to detail, and hard work. |
| Cookie Factory Bakery | |
Financing Options |
|
| Franchise Fees | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
| Start-up Costs | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
| Equipment | |
| Gigi's Cupcakes} | |
| Cookie Factory Bakery | |
| Inventory | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
| Receivables | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
| Payroll | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
Training & Support |
|
| Training | |
| Gigi's Cupcakes | On-The-Job Training: 91 hours Classroom Training: 52 hours |
| Cookie Factory Bakery | |
| Support | |
| Gigi's Cupcakes | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Cookie Factory Bakery | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Gigi's Cupcakes | Ad Templates National Media Social media SEO Email marketing Loyalty program/app |
| Cookie Factory Bakery | Ad slicks |
| Operations | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Gigi's Cupcakes | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Cookie Factory Bakery | Arkansas, Iowa, Illinois, Kansas, Michigan, Minnesota, Missouri, Nebraska, |
| Canada Expansion | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |
| International Expansion | |
| Gigi's Cupcakes | |
| Cookie Factory Bakery | |