- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$246K - $366K
- Units as of 2022
-
2 100.0% over 3 years
Holy Shakes, founded in 2019, is a dessert restaurant in the United States. They specialize in milkshakes and ice cream and offer various sweet treats such as ice cream sandwiches, brownies, popsicles, and donut sandwiches. Holy Shakes is committed to providing sweet and quality desserts and shakes.
Holy Shakes began franchising in 2021 and is actively seeking to expand its reach.
Why You May Want To Start a Holy Shakes Franchise
The perfect candidate for a Holy Shakes franchisee has previous experience running or operating a business, preferably a restaurant. However, restaurant experience is not needed, and Holy Shakes will provide training to all franchisees. Potential Holy Shakes franchisees should be organized, ready to grow, and have the ability to implement and follow a proven system of business.
If you love the idea of owning a delicious specialty desserts business, then opening a Holy Shakes franchise may be the right decision for you. Holy Shakes believes it offers great dessert options from the classics to new and unique recipes for every kind of sweet tooth. This may make them a great choice for families, friends, small gatherings, and every person who likes the occasional treat.
What Might Make a Holy Shakes Franchise a Good Choice?
Owning a Holy Shakes franchise may offer you an opportunity to build a business in the restaurant industry, which is valued at well over one billion dollars. With your Holy Shakes franchise, you may get to tap into the boutique dessert sub-industry. This industry may be steady and allow a lot of room for creativity.
Opening a Holy Shakes franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
Holy Shakes’ unique creations may lead to demand for more locations. This demand can lead to a growing business for your franchise. Your Holy Shakes franchise may be uniquely placed with a built-in client base, high demand, and boutique options.
How To Open a Holy Shakes Franchise
To be part of the Holy Shakes 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. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
The Holy Shakes franchising team will take you through the franchising process, including choosing a location, conducting interviews, offering financing options, and more. Be sure to ask any questions and do your due diligence to determine if a Holy Shakes franchise is a good fit for you and your goals.
Once you are ready to move forward and Holy Shakes approves your application, you will sign a franchise agreement. Construction will start as you undergo many hours of training to equip you with the tools and skills needed to run a Holy Shake franchise.
Company Overview
About Holyshakes
| Industry | Food |
|---|---|
| Related Categories | Ice Cream, Frozen Desserts |
| Founded | 2019 |
| Parent Company | Holyshakes Franchise LLC |
| Leadership | Salomon Del Valle, CEO |
| Corporate Address |
7761 N.W. 107th Ave., #2-09A Doral, FL 33178 |
Business Overview
| Franchising Since | 2021 (4 years) |
|---|---|
| # of employees at HQ | 10 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 2 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Holyshakes 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
|
$40,000 |
|---|---|
|
Initial Investment
|
$246,350 - $365,700 |
|
Net Worth Requirement
|
$40,000 |
|
Cash Requirement
|
$40,000 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
1% |
|
Term of Agreement
|
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 | Holyshakes 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 | 38 hours |
|---|---|
| Classroom Training | 26 hours |
| Ongoing Support |
Grand Opening
Site Selection
|
| Marketing Support |
Social Media
|
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?
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No |
|
Are exclusive territories available?
|
Yes |
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