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.)
If you’re seeking to buy into a franchise, you owe it to yourself to consider a candy store franchise like River Street Sweets • Savannah’s Candy Kitchen. Candy making and selling is a multi-billion dollar a year industry, and there’s no better time to invest in this lucrative and rewarding business.
1. Market Demand is Always High
The Strickland Family has been consistently successfully successful with their two candy businesses, River Street Sweets and Savannah’s Candy Kitchen for over 40 years. Market demand is always high when you offer premium candy products and superior guest experiences, as you would be able to do with a River Street Sweets • Savannah’s Candy Kitchen franchise. While other business markets ebb and flow according to the ups and downs of the economy, the candy business retains its demand. If anything, the public flocks to quality candy stores to find familiar and soothing comfort when times are tough.
Our Lancaster, PA Franchise location, owned by the Hoffman Family.
2. Diversity of Product Offerings
With a River Street Sweets • Savannah’s Candy Kitchen franchise, you would be able to deliver a diversity of product offerings that is unique to the industry. As a savvy businessperson, you know that diversity is essential for long-lasting success. This has been part of the recipe for success all along. You would never be relying on just one style of candy to sell in your candy store franchise. Instead, your customers could choose from a wide variety of candy flavors, textures and combinations to satisfy their sweet tooth. You will also be able to offer more than just candy. With our successful addition of an ice-cream model, as well as fresh popcorn in a variety of flavors, you’ll be able to appeal to an even wider audience as your guests delight in trying something new each time they visit.
3. High Profit Margins
The candy store business offers investors the potential for high profit margins on every product sold. When you invest in a River Street Sweets • Savannah’s Candy Kitchen franchise, you’ll be advised on tips for finding the best sources for all your supplies and ingredients like chocolate, sugar and more. Through careful measurement and proven recipes, you’ll know exactly how much profit is made on every single piece of candy you sell. And, due to the unique nature of candies made and sold with a River Street Sweets • Savannah’s Candy Kitchen franchise, your customers will be happy to pay premium prices on specialty candies. After all, the candies are freshly made, right in-front of your guests as part of the River Street Sweets • Savannah’s Candy Kitchen experience.
There’s joy for even the youngest of connoisseurs!
Summer has arrived and that means high temperatures and sunny days. What could be better on a hot summer day than a heaping scoop of ice cream?
We can think of very little that is better, and it seems consumers in the United States agree. On average, Americans eat approximately 20 pounds of ice cream every year, with the majority of that taking place between May and August.
According to the International Dairy Foods Association, ice cream production kicks into gear in March and April to fill retail pipelines for the late spring and early summer. Overall, June is the highest ice cream production month of the year, in order to satisfy ongoing summer demand.
What this means for you: ice cream is a booming industry, despite the growing popularity of frozen yogurt, and a sweet franchise opportunity you should consider investing your business dollars into.
Here at River Street Sweets•Savannah’s Candy Kitchen we’ve become the premiere candy franchise in the South. Our parent companies, River Street Sweets and Savannah’s Candy Kitchen collectively generate about $25 million in annual sales, and have coined a unique and growing market niche in the candy industry.
And we’re expanding on that success by offering select franchisees the opportunity to open a candy franchise that now features ice cream in states like North and South Carolina, Georgia, Florida, Tennessee and many more locations. In fact, our very first River Street Sweets•Savannah’s Candy Kitchen franchise is Pooler, Georgia serves ice cream along with our famous candies and even operates a custom ice cream cart, a unique feature only found at Tanger Outlets.
One of the best things we did at River Street Sweets and Savannah’s Candy Kitchen is provide our customers a nostalgic experience of watching candy makers hand dip pralines onto giant marble slabs. We’ve taken that same hands-on approach to our ice cream franchise offerings at River Street Sweets•Savannah’s Candy Kitchen.
Everything we do here at River Street Sweets•Savannah’s Candy Kitchen is for the joy of our customers, and it’s led to us becoming one of America’s finest and most successful candy brands. The ice cream market is next on the list. Find out more about our ice cream and candy store franchise opportunity.