Are you thinking of starting your own business as a candy franchise owner? The opportunity to use your experience, skills and expertise in new ways is an exciting, enticing consideration. For would-be franchise owners, questions can arise about how to best prepare for franchise ownership.
Here are 6 questions to ask before buying a candy franchise.
1. What expertise do I need?
Successful candy store owners bring drive, energy, commitment and enthusiasm to the table. At River Street Sweets, we’ll handle the rest! No experience as a candy-maker is required to start your own franchise.
2. Will I need to make my own candies?
When you become a River Street Sweets candy store franchisee, you’ll receive hands-on training on the time-honored tradition of making River Street Sweets candies. You’ll learn to make our gourmet southern candies in your franchise’s onsite location using our tried and true proprietary recipes.
3. What training will I receive?
When you become a franchisee, you will spend some time in our Savannah flagship store, learning about our history, operations, and management, in hands-on training sessions. You’ll learn about our policies and procedures, concept and brand values. And when your store opens, we provide at least 7 days of on-site support and training.
4. What funding options are there for franchises?
Like with any franchise, there are many options available to finance your small business. While River Street Sweets does not offer direct financing, we can help refer you to qualified lending and financing options.
5. How do royalties work?
When you become a River Street Sweets franchise, you will pay an initial franchise fee of $40,000*. This does not include the costs of acquiring a retail location. Franchisees will pay 5 percent of gross sales for the preceding week, a monthly technology fee of $250*, and up to 2 percent* of gross sales from the previous week for marketing. These fees help River Street Sweets provide our franchise owners with ongoing support and training, system improvements, and the creation of new products and services. Our marketing strategies help you promote the brand and build and execute local marketing campaigns to drive more business and sales to your retail location.
6. What products should I sell?
We have decades of experience delivereing high-demand products to our customers. Our signature pecan pralines, chocolates, ice-cream & gelato, pastries, and popcorn, offer something to satisfy every sweet tooth.
To learn more about what it means to become a candy store franchise owner, contact us today to get started
(* Values and percentages are accurate at the time of this post. Any future changes that may occur will be noted in your agreement prior to signing.)