A lot of work needs to be done when creating a donut startup business plan, from operations to marketing and so much more. You can elect to start a business on your own, or you can choose to partner with a well-established brand name through franchising.
The franchise business model carries many advantages and has been proven to have higher success rates than startup businesses. When you join a franchise brand, you get immediate access to a proven business model, established brand awareness, training and support, and you benefit from lowered financial risk.
If you’d like to create a donut shop startup business plan, you can do that in two ways: strike out on your own and take on all the work and responsibilities yourself or partner with a top donut franchise like Shipley Do-Nuts. Our time-tested business model and our standing as a community favorite make our franchising opportunities particularly attractive to our franchisees.
Is Owning a Franchise Profitable?
There is much debate about whether partnering with a franchisor is a profitable business endeavor. The fact is that franchising opportunities tend to carry much less risk than startup businesses, thanks to the proven business models on which they are based.
Over 200 million Americans consumed donuts in 2020, and 10 billion donuts are made annually in the US. With a market size of $7.3 billion in 2021, donut stores in the United States continue to grow; their popularity among Americans is unwavering. This makes donut stores one of the country’s most profitable quick-service franchise opportunities.
You should know about royalties and other fees when considering different franchise opportunities. At Shipley Do-Nuts, we strive to be transparent about our donut shop startup costs, not only because it’s the right way to do business but because well-informed, well-prepared franchisees better their chances for success.
At Shipley Do-Nuts, we provide our franchisees with more opportunities to reap financial rewards. Our monthly royalty fee is just 5% of gross sales and we have a monthly marketing requirement of only 3% of gross sales. Our reasonable monthly fees and low startup costs are what make Shipley an ideal investment opportunity.
Multi-Unit Ownership with a Top Donut Franchise
Multi-unit franchise ownership is one of the best ways to leverage a well-established franchise brand name. This type of franchise ownership is associated with increased earning potential, reductions in costs thanks to shared resources, and creating a sense of brand consistency in your region.
Our startup franchise business plans at Shipley Do-Nuts are formulated with multi-unit ownership in mind. We have a three-store minimum commitment requirement which offers excellent growth potential ideal for multi-unit investors. Shipley’s multi-unit franchise opportunities are designed for entrepreneurs with experience and success investing in the quick-service restaurant (QSR) industry.
You’ll have our constant support and backing. Our donut franchise investment fees cover exceptional training and support that’ll be sure to pave your way toward success.
Does multi-unit ownership of Shipley Do-Nut stores seem like the perfect opportunity for you? Contact us today to start the process!