Monday
Apr262010
Gumball Gourmet Franchise
Monday, April 26, 2010 at 07:42PM Gumball machine kiosks
Start-up Costs & Franchises Fees
What is the total cost to open a Gumball Gourmet Franchises?
Total Cost: $24,600-$462,100
Total Franchise Fees: $17,200
Ongoing Royalty Fees: $100/mo.
Ongoing Advertising Fees:
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $2K
Contact Information for Gumball Gourmet
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Gumball Gourmet |
Toll Free: (866)486-2255 |
Gumball Gourmet In the Press
No results at this time.Historical Expansion
In what year did Gumball Gourmet begin operations? 2001
When did Gumball Gourmet begin selling franchises? 2001
Year United States Canada International Corporate 2005 243 0 0 17 2004 186 0 0 15 2003 197 0 0 20 2002 167 0 0 6 2001 0 0 0 0
Future Expansion
Countries of Interest:
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
Support
In the Pressletter, Meetings, Toll free phone number, Field support and site evaluation
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.75% of all franchise business owners own more than one franchise location.
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
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
Jason Rager | Comments Off | 



