Thursday
May132010
Mrs. Fields Franchise
Thursday, May 13, 2010 at 07:49PM Cookies & bakery products
Start-up Costs & Franchises Fees
What is the total cost to open a Mrs. Fields Franchises?
Total Cost: $180,000 USD -$247,000 USD
Total Franchise Fees: $30,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 7 years
Contact Information for Mrs. Fields
|
Mrs. Fields Franchising LLC |
Phone Number: (801)736-5600 |
Mrs. Fields In the Press
No results at this time.Historical Expansion
In what year did Mrs. Fields begin operations? 1977
When did Mrs. Fields begin selling franchises? 1990
Year United States Canada International Corporate 2004 376 0 82 57 2003 372 0 82 59 2002 344 5 76 103 2001 320 5 0 143 2000 322 5 0 126
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media
Franchise Operation Restrictions
International franchise business owners required to buy multiple units/master licenses
Absentee ownership of franchise is allowed.
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing 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 | 



