What Does the Shipley Do-nut Franchise Cost Look Like and What Does It Get You? Plenty!
Opening a small business is an exciting process that thousands of people undertake every year — and we applaud them! We’ve been helping our franchisees start and run their bakeries for decades, so we know how good it can feel. But as with any small business, opening a Shipley franchise means an investment in time and money. Our do-nut franchise costs have been established over the years to include just about everything you’ll need to get your bakery going. Let’s take a brief look at some of those numbers and what they get you.
Your Initial Franchise Fee
All brands require new franchisees to pay an initial fee as part of joining a brand family, and in our case, that fee is $40,000. Paying it grants you immediate access to our time-tested business model, our unique and delicious recipes, our brand logos and other proprietary materials, and much more. It also pays for the complete preopening training you’ll receive to bring you up to speed on our industry and our processes and procedures, so you can feel fully prepared to make the most of our quick-service restaurant (QSR) opportunity.
As part of our franchise costs, you’ll also be asked to show three months of working capital of between $50,000 and $150,000. It’s important to have this kind of financial stability, especially when first starting out, to weather the ups and downs of business ownership. That way, you can focus on what matters — serving your delicious do-nuts to your community and growing your QSR business!
As with all franchisors, you’ll also be required to pay a monthly royalty — in our case, that’s 5% of your gross revenue. This fee helps to pay for some extremely important perks, like our expert ongoing marketing strategies that put your bakery in front of your best customers, our industry research and development to keep you ahead of the competition, and a team of franchise experts who are always just a phone call or email away. You’ll also be asked to pay a monthly local marketing fee of 3% of your gross sales. This fee assures that your bakery will always be in the hearts and minds of your community as you keep them coming back for more!
In total, you can expect your Shipley Do-Nuts franchise cost to fall somewhere between $455,000 and $811,500 as an initial investment to get your bakery up and running. For a more complete idea of what your expenses will look like, request a copy of our Franchise Disclosure Document.
Why Partner with Shipley Do-Nuts?
At the heart of the Shipley Do-Nuts franchise opportunity are the core values — like integrity, passion, and service — that have made us a favorite for over 80 years. Our brand is a beloved and familiar one, which means when you open your Shipley bakery doors, you won’t have to spend nearly as much time trying to establish yourself as you would otherwise — you’ll immediately benefit from our respected and recognized name! We offer over 60 varieties of do-nuts, pastries, and kolaches, all produced from the same easy-to-use mix, allowing you to offer lots of opportunities to make life delicious in your city or town. Add to that our commitment to your success, and you can see why Shipley has stood the test of time.
To find out more about Shipley Do-Nuts franchise costs, get in touch today!