Start a Peace, Love and Little Donuts Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $121K - $235K

Units as of 2022: 27 3% over 3 years

Founded in Pittsburgh, Pennsylvania in 2009, Peace, Love and Little Donuts bakes donuts with a range of far-out, funkadelic, and groovy toppings with subtle flavors. An impromptu donut machine purchase by Ron Razete turned out to be the inspiration for the tasty little donuts with which business has become synonymous.

In 2016, Peace, Love and Little Donuts began franchising, and the number of locations has grown to more than 20 outlets across the United States. Many customers may identify with the jazzy but hip donut shops. The franchisor seeks individuals that have a passion for making people happy, following the set business model.

Why You May Want to Start a Peace, Love and Little Donuts Franchise

As a franchise owner, you'll be making and marketing fresh, warm donuts, coffee, and related products from your shop or other approved sites. Donuts by Peace, Love and Little Donuts are uniquely made, then topped up with the franchisor's frostings and toppings for an unforgettable bite.

The company believes that all partners across its franchise network should work hard to deliver these donut flavors as their creator intended. Food items are baked in a traditional sour cream cake style. A customer favorite may be a cake donut with sprinkles of bacon and maple frosting. Buyers also get to see their cakes and donuts being made, and this franchise may enhance your community with 70 types of donuts and other sweet treats.

What Might Make Peace, Love and Little Donuts a Good Choice?

To be part of the Peace, Love and Little Donuts team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. You will also need to meet the company set net worth and liquid capital requirements.

Peace, Love and Little Donuts has partnered with third-party sources to help qualified franchisees cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll.

Peace, Love and Little Donuts franchisees may enjoy in-store and online order traffic year-round as part of the definitive baked goods sector. You'll be selling multiple products with others currently being innovated, potentially resulting in various revenue streams for this mid-level overhead cost franchise.

Peace, Love and Little Donuts requires that you have a minimum of several staff members to efficiently run one unit, and the franchisor offers exclusive territory agreements. The franchisor provides ongoing support and multiple hours of both classroom and on-the-job training.

How to Open a Peace, Love and Little Donuts Franchise

After an initial inquiry form is received and reviewed, you'll get a call from the franchise development director, who will provide you with the company's latest Franchise Disclosure Document alongside a non-disclosure agreement.

You'll be offered a questionnaire to fill, gauging your readiness to own and operate a new Peace, Love and Little Donuts franchise location. Once your suitability is confirmed, the franchisor will invite you to headquarters in Moon Township, Pennsylvania to meet the team and sign a territory application. A franchise agreement signing will follow conversion or build-out for your new store. Staff training with preparation for a grand opening day will commence after that.

Company Overview

About Peace, Love and Little Donuts

Industry	Food
Related Categories	Doughnuts, Baked Goods, Miscellaneous Quick-Service Restaurants, Miscellaneous Baked Goods, Breakfast/Brunch Restaurants
Founded	2009
Parent Company	Peace, Love and Little Donuts LLC
Leadership	Marci Razete, Brand Owner
Corporate Address	105 Woodham Rd. Sewickley, PA 15143
Social	Facebook, Twitter, LinkedIn

Business Overview

Franchising Since	2016 (8 years)
# of employees at HQ	4
Where seeking	This company is offering new franchises throughout the US.
# of Units	27 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Peace, Love and Little Donuts 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$40,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$121,200 - $235,100
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$150,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	20% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Peace, Love and Little Donuts has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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	24 hours
Classroom Training	16 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	8-12
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes