Investing in a franchise business isn’t just another purchase. It’s not the same as buying a sandwich, a pair of pants or even a car. When people invest in a franchise business, they’re committing to a new life featuring a lot of hard work and the opportunity for future growth and an enduring enterprise. It’s not a decision to be made lightly.
Among the biggest decisions potential franchise owners face is whether they can afford the opportunity they want. The world of franchise businesses includes opportunities that investors can enter for $25,000 or less, and also multi-million-dollar buy-in concepts. Those considering a River Street Sweets • Savannah’s Candy Kitchen sweets shop franchise should know that our median investment presents a great value for investors. Find out more about the growing candy industry.
Considering the costs of opening a candy store franchise
RSS•SCK stores offer an experience and product quality far exceeding those of average candy stores. Our candy store franchises not only offer an incredible variety of sweet delicacies, they also feature candy-making right in the store. What’s more, many of the confections are created at demonstration stations, creating an exciting and visually compelling experience for guests. This dynamic approach makes our stores must-visit shopping destinations for locals and visitors alike.
The total initial investment necessary to begin operation of a RSS•SCK franchise ranges from $399,800 to $814,850, which is partially dependent on the size of the location. See our candy store franchise locations that are available today. The revenue of our existing corporate stores supports the investment amount:
● Stores that range from 866 to 1,000 feet sold an average of $477,274
● Stores that range from 1,200 to 2,000 feet sold an average of $896,375
● Stores that range from 2,688 to 4,100 feet sold an average of $2,796,811
The investment includes the cost of several items, including the $40,000 franchise fee. The investment total also includes the cost of the site build-out for a new RSS•SCK candy store franchise, and the necessary equipment to create delicious pralines and other candies, including cooking kettles and marble slabs. Upfront inventory investment ranges from $30,000 to $60,000.
Qualified veterans of the U.S. Armed Forces are eligible to receive a $10,000 discount on the RSS•SCK franchise fee, making this a great franchise for veterans.
Assistance to buy a candy store for sale
When purchasing a business such as a sweets shop franchise, investors have many financing options available to them. Besides private funding through family, friends and personal loans, aspiring business owners can apply for a loan from the U.S. Small Business Association. The SBA is an independent government agency that works in coordination with banks, credit unions and other private lenders to assist U.S. entrepreneurs who want to start their own business. There are even special programs for those who served in the U.S. Armed Forces, increasing the appeal of franchises for veterans. SBA loans open up the opportunity for business ownership to those who may not otherwise have any chance of opening their own operation.
In addition to securing financing from third-parties, you may also consider self-funding by rolling over your 401(k), IRA or other retirement into a business investment. Through the Rollovers as Business Startups (ROBS) program, entrepreneurs can use the money in their retirement account to start a business without being taxed or incurring penalties on the early withdrawal. ROBS is another government-backed program that further clears the pathway for anyone looking to open a business, including those who are interested in the RSS•SCK candy store franchise opportunity.
Talk to RSS•SCK to discuss your initial candy store investment
If you’re considering starting a candy store franchise with RSS•SCK, we’d love to discuss the possibilities. While we do not offer direct financing, we can help you understand your options. Call us today at 1-844-842-9037 or complete our franchise information form, and we’ll get in touch with you right away!