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Thursday
May132010

Rocky Mountain Chocolate Factory Franchise

Chocolates & confections

Start-up Costs & Franchises Fees

What is the total cost to open a Rocky Mountain Chocolate Factory Franchises?

Total Cost: $88,500-$447,500
Total Franchise Fees: $24,500
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $100

Contact Information for Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory
265 Turner Dr.
Durango, CO
81303

Phone Number: (970)259-0554
Toll Free: (800)438-7623
Fax Number: (970)259-5895

Franchise Homepage:

Rocky Mountain Chocolate Factory In the Press

No results at this time.

Historical Expansion

In what year did Rocky Mountain Chocolate Factory begin operations? 1981
When did Rocky Mountain Chocolate Factory begin selling franchises? 1982

Year United States Canada International Corporate
2004 229 29 3 8
2003 200 25 2 8
2002 201 23 2 4
2001 192 27 1 4
2000 170 28 1 30

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
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
Meetings, Grand opening support, Field support and site evaluation

Franchise Operation Restrictions

25% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 7

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? Yes
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
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