- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$73K - $148K
- Units as of 2016
-
6
Company Overview
About Island of Treats
Business Overview
Franchising Since | 2014 (10 years) |
---|---|
# of employees at HQ | 9 |
# of Units | 6 (as of 2016) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Island of Treats 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
|
$72,729 - $148,280 |
Net Worth Requirement
|
$50,000 |
Cash Requirement
|
$30,000 |
Veteran Incentives
|
25-100% off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
1% |
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 | Island of Treats has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, accounts receivable, payroll |
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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 | 3 days |
---|---|
Classroom Training | 1 day |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
|
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?
|
No |
Are exclusive territories available?
|
Yes |
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