WHAT WILL I RECEIVE AS PART OF THE CHOCOLATE WORKS FRANCHISE SYSTEM?
We will provide you with two weeks of pre-opening, corporate-based training, including both classroom and in-store on-the-job training. We will also send a representative onsite to provide up to five days of support around the time of your store’s Grand Opening. As a franchise owner, you will have access to all Chocolate Works' exclusive trademarks, equipment, products and recipes, and procedures. We’ll also present you with a copy of our confidential operations manual to help you run your shop properly on a day-to-day basis.
WHAT TYPE OF PRIOR EXPERIENCE DO I NEED TO HAVE?
You don’t need to have specific experience in the candy and confections business to become a franchise owner with Chocolate Works. We look for people who have a passion for our products, and who have some retail experience and/or customer service skills. We also prefer franchise owners who will be directly involved in the operations and growth of their Chocolate Works franchises. In turn, we’ll provide the support franchisees need to run their Chocolate Works business. We do, of course, also expect that franchisees have the right amount of capital to invest in the business.
HOW MUCH WILL THE CHOCOLATE WORKS FRANCHISE INVESTMENT COST ME?
The total investment for a single-unit Chocolate Works franchise is estimated to cost between $290,000 and $456,600. This investment amount includes an initial franchise fee of $50,000. As with any new business venture, it is important that you have the capital needed to adequately fund your new business.
ARE THERE ONGOING FEES PAID TO THE FRANCHISOR?
Franchisees will be required to pay royalties at a rate of 5% of gross revenues on all sales. The royalties and profits collected allow us to fund our ongoing support services and the continued development of products and procedures, marketing tools, training programs, and systems and equipment upgrades.
ARE THERE ANY ADVERTISING FEES?
Franchisees will contribute 1% per month toward the franchise advertising fund. Franchisees will also be required to spend at least 1% of gross revenues on local marketing within their territories. Collected funds will be used to develop marketing strategies to promote the Chocolate Works brand and fund the creative costs to develop any local franchise marketing materials and campaigns.
IS FINANCING AVAILABLE?
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
WHAT IS THE TERM OF THE FRANCHISE AGREEMENT?
The initial term of your franchise agreement is five years, with two subsequent successor agreement options of five years each.