Schakolad Chocolate Factory

Freshly-made European-style chocolates

Background

Founded: 1995 Franchising since: 1999
When Edgar Schaked graduated from Florida International University in Miami with a degree in mechanical engineering, he told his father he didn't want to be an engineer, he wanted to be a chocolate maker. Schaked's father, Baruch, had been making chocolates for more than 25 years, working in a chocolate factory in the family's native Argentina, studying different techniques throughout Europe, and opening his own shop in Miami.

From his father, Schaked learned the essentials of chocolate making and together they opened Schakolad Chocolate Factory in Winter Park, Florida, in 1995. Each shop features handmade chocolate treats including truffles, boxed assortments and chocolate body paint. Schakolad Chocolate Factory also custom-designs chocolate gifts and promotional items for corporate clients.

5966 Lakehurst Dr.
Orlando, Florida 32819

Phone:
(407)248-6400

Franchisor has 4 employee(s); 10 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	30	0	2	1
2008	27	0	2	1
2007	30	0	2	1
2006	33	0	2	0
2005	27	0	2	1

Where Seeking Franchisees
Not available in the U.S.
Outside the U.S.: Middle east

Exclusive territories available.

Costs and Fees

Total investment: $111.6K-144K
Franchise fee: $30K

Ongoing royalty fee: $600/mo.
Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $75K
Business Experience:

General business experience
Marketing skills

Operations

Number of employees needed to run franchised unit: 2 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)