Kilwin's Chocolates Franchise
Monday, April 26, 2010 at 02:25PM Candy and ice cream shop
In 1947 Don and Katy Kilwin opened Kilwin's Bakery in Petoskey, Michigan. Soon after opening the bakery, the Kilwins began making candy. Six years later the Kilwins sold their bakery to focus on candy making full-time, and in 1978 sold the candy business to Wayne and Lorene Rose. The Roses began offering Kilwin's franchises in 1981.
Today Kilwin's Chocolates, now owned by Don and Robin McCarty, sells chocolates, fudge and ice cream from shops located in malls and strip centers across the country.
Start-up Costs & Franchises Fees
What is the total cost to open a Kilwin's Chocolates Franchise Franchises?
Total Cost: $288,700-$599,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Contact Information for Kilwin's Chocolates Franchise
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Kilwin's Chocolates Franchise |
Phone Number: (231)439-0972 |
Historical Expansion
In what year did Kilwin's Chocolates Franchise begin operations? 1946
When did Kilwin's Chocolates Franchise begin selling franchises? 1982
Year United States Canada International Corporate 2005 48 0 0 3 2004 47 0 0 2 2003 45 0 0 2 2002 44 0 0 3 2001 40 0 0 4
Future Expansion
United States: Alabama, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Michigan, Missouri, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, Wisconsin, West Virginia,
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, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation
Franchise Operation Restrictions
28% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 10
Absentee ownership of franchise is allowed. (90% 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