Sir Chocolate Franchise
Chocolate
Sir Chocolate began as a one-man operation with only a single chocolate fountain. Since then, the company has expanded from a homebased business into a combination warehouse, kitchen and office. The lone fountain has grown into a mobile chocolate fountain cart made for special events, a retail outlet and fondue gift baskets. Franchise business owners have three options for running their business: catering, retail and a retail-vending cart.
Start-up Costs & Franchises Fees
What is the total cost to open a Sir Chocolate Franchises?
Total Cost: $41,300-$136,500
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 7 years
Franchise Agreement Renewal Fee: $5K/$10K
Contact Information for Sir Chocolate
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Sir Chocolate |
Phone Number: (303)671-7150 |
Historical Expansion
In what year did Sir Chocolate begin operations? 2003
When did Sir Chocolate begin selling franchises? 2004
Year United States Canada International Corporate 2007 2 0 0 1
Future Expansion
United States: Nationwide
Countries of Interest: Worldwide
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
* Available at headquarters: 3 days
* At franchisee's location: 3-5 days
Franchise Operation Restrictions
* Franchise can be run from home* Number of employees needed to run franchised unit: 2
* Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes