How much does Baskin Robins cost to franchise?
The initial franchise fee for opening a Baskin-Robbins is $25,000 per location. It is good for a 20-year term. The current net worth requirement to open a Baskin-Robbins franchise is $200,000.
How many franchises does Baskin Robbins have?
How many franchise locations do they have? As of the 2020 Franchise Disclosure Document, there are 949 franchised Baskin-Robbins locations in the USA. Are there any Baskin-Robbins franchise opportunities near me? Based on 2020 FDD data, Baskin-Robbins has franchise locations in 36 states plus DC.
Does Baskin Robbins take credit cards?
It is still possible to use debit or credit cards at the register of most Baskin Robbins locations Sometimes you will be out with friends or family, only to realize that you’re missing your wallet. Apple Pay makes paying for dinner easy and convenient so that everyone can have fun without worrying about money.
Does Baskin Robbins have a soft serve?
Baskin-Robbins, like its competitors, will have an array of dessert treats featuring soft serve. They’ll have sundaes, 31 Below (their version of Dairy Queen’s Blizzards), creamy fruit smoothies and take-home pies. They even have special soft serve cones covered with sugary sprinkles that change colors.
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How much does it cost for a Baskin-Robbins franchise?
Baskin-Robbins Franchise / Initial Investment / Baskin-Robbins Franchise Income. The estimated initial investment required to open a Baskin-Robbins ice cream franchise is $94,350 to $402,200, including an initial franchise fee of $25,000.
How many franchises does Baskin-Robbins have?
If so, come grow with us! We've been serving up smiles one scoop at a time since 1945, and with more than 7,800 locations across the globe, Baskin-Robbins is the world's #1 chain of ice cream restaurants!
When did Baskin-Robbins start franchising?
Baskin-Robbins was founded in 1945 by Irv Robbins and Burt Baski and began franchising in 1948. The company is a well-known American chain of cake and ice-cream shops. The franchise operates under a "31 Flavors" slogan, representing different ice-cream flavors for every day of the month.
How much money can you make owning a Baskin-Robbins?
Baskin-Robbins Franchise Costs How much money can you make with a Baskin Robbins? For single brand restaurants Gross earnings vary ranging from a high of $628,470 for top 25% to $252,631 for their bottom 25% stores.
Which ice cream franchise is best?
Amul Ice Cream Parlor Franchise. Founded in : 1948. ... Naturals Ice Cream Franchises. Founded in : 1984. ... Cream Stone Franchise. Founded in : 2009. ... Kwality Wall Franchise. Founded in : 1956. ... Ibaco Franchise. Founded in : 2012. ... Gianis Franchise. Founded in : 1956. ... Vadilal Ice Cream Franchise. ... Gelato Vinto Ice Cream Franchise.More items...•
What is the cost of a Starbucks franchise?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Is owning a Baskin-Robbins franchise profitable?
Baskin-Robbins is a profitable business for the franchisor with income that surpasses the half million dollars in every fiscal year.
What is the franchise fee for Dunkin Donuts?
Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.
What is the cost of McDonald's franchise?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
What is the ongoing royalty fee for Baskin-Robbins?
Ongoing fees As with most franchises, Baskin-Robbins will require you to pay an ongoing franchise royalty fee, which is a percentage of your store's sales. The fee is 5.9% of gross sales, which you'll pay out to your corporate partner at predetermined time increments (generally monthly or quarterly).
Who owns Baskin-Robbins?
Dunkin' BrandsInspire BrandsBaskin-Robbins/Parent organizations
Who owns Baskin Robbins?
Dunkin' Brands Inc. is owned by a consortium of private equity companies: Bain Capital, The Carlyle Group and Thomas H. Lee Partners.
How long is a franchise agreement?
20 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
Where did Irv Robbins ice cream come from?
Bored with serving traditional flavors like chocolate and vanilla, Robbins began experimenting by mixing fruit and candy into the ice cream. After serving in World War II, Robbins bought an ice cream parlor in Glendale, California.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Company Details
The ice cream industry is a multi-billion dollar business and isn't slowing down. America’s ice cream franchises are well-known and beloved worldwide. Ice cream contributes over $13 billion to the U.S. economy and adds 28,800 jobs.
Support and Training Offered By Baskin-Robbins
In terms of support and training, Baskin-Robbins offers franchisees a three week training program that includes Technical Training that is live and in-store, Instructor-Led Classroom Training, Online Learning Management System, and Mentoring and Skill Building.
Franchises Similar to Baskin-Robbins
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.