- 2024 Franchise 500 Rank
-
#456 Not ranked last year
- Initial investment
-
$62K - $483K
- Units as of 2023
-
64 700.0% over 3 years
Company Overview
About Hello Sugar
Business Overview
Franchising Since | 2021 (3 years) |
---|---|
# of employees at HQ | 112 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 64 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Hello Sugar franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$20,000 |
---|---|
Initial Investment
|
$61,626 - $482,659 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
Varies |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 37-71 hours |
---|---|
Classroom Training | 33-40 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
Yes |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Hello Sugar landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Hello Sugar ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Hello Sugar.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Which Franchise Model Is Right for You? Here's How to Choose
There are thousands of brands and concepts, but franchises generally fall under two business models: "brick-and-mortar" and "service-based." Which is the best choice for you?
Want to Become a Franchisee? Run Through This Checklist First.
From financing to legal review, we'll cover all the basics before you officially become a franchisee.
The 5 Personality Traits That All Good Franchisees Possess
To determine if franchising is right for you, start by considering whether you possess any of these 5 key personality traits.
This Pizza Chain Will Pay You to Become a Small Business Owner — No Money or Experience Required
Rosati's, a pizza franchise from Illinois, started the program to identify its next generation of leaders.
The IFA Just Released Guidelines to Combat an Industry-Wide Problem. Here's What it Means For Businesses.
The guidelines, part of the responsible franchising initiative, are aimed at strengthening and expanding the franchise industry and franchising model via increased transparency.
After Months of Scrutiny, Roark Capital Finalizes $9.6 Billion Subway Acquisition
The sale, initially announced in August 2023, was delayed by Federal Trade Commission scrutiny.