Full Answer
How much does it cost to open Auntie Anne’s franchise?
What is Auntie Anne’s franchise fee? If you’re looking to start your own Auntie Anne’s franchise, you’ll need to pay an initial franchise fee of $30,000 to be an Auntie Anne’s franchise owner. This gives you the right to use Auntie Anne’s name and logo, as well as access to our proven business model.
How many Auntie Anne's locations are there in the USA?
As of the 2020 Franchise Disclosure Document, there are 1200 franchised Auntie Anne's locations in the USA. Are there any Auntie Anne's franchise opportunities near me?
What kind of financing does Auntie Anne's offer?
Third Party Financing Auntie Anne's has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll Training & Support Offered
Is Auntie Anne’s owned by Focus Brands?
In November 2010, Atlanta franchisor Focus Brands, a portfolio company of private equity firm Roark Capital, acquired Auntie Anne’s.
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How much does an Auntie Anne's franchise make?
The average income for an Auntie Anne's Franchise Business Owner is $66,242. Auntie Anne's Franchise Business Consultant salaries vary from $60,423 to $81,470 per year.
Which franchise owners make the most money?
What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.
How much is Auntie Anne's worth?
Auntie Anne'sAuntie Anne's at King of Prussia mall in King of Prussia, PennsylvaniaProductsPretzels, beverages, dip sauceRevenueUS$500 million (2020)ParentFocus BrandsWebsitewww.auntieannes.com9 more rows
Who owns Auntie Anne's?
Focus BrandsAuntie Anne's / Parent organizationFocus Brands is an American company that is an affiliate of the American private equity firm Roark Capital Group that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. It is located in Sandy Springs, Georgia, and operates over 5,000 stores. Wikipedia
Can you get rich owning a franchise?
The bottom line is that while a franchise can make you independently wealthy, it isn't a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.
What is the most profitable franchise to own 2022?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
Are Auntie Anne's and Cinnabon the same company?
Auntie Anne's and Cinnabon are both owned by Atlanta-based Focus Brands Inc., the parent company of Moe's Southwest Grill, Schlotzsky's and Carvel.
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 happened to Auntie Anne's?
Auntie Anne's is saying farewell to its Pennsylvania roots and moving down south. The pretzel empire, a staple at malls across the country, is moving its headquarters from Lancaster to Atlanta, reports Lancaster Online. That's also where Auntie Anne's owner, Focus Brands, is located.
Who are Auntie Anne's competitors?
Hence this concludes the Auntie Anne's SWOT analysis....Below are the top 4 competitors of Auntie Anne's:Mrs. Fields' Original Cookies, Inc.Wetzel's Pretzels LLC.Yogurt Ventures U.S.A., Inc.Philly Pretzel Factory.
What does Auntie Anne's stand for?
Caring for Other People is Our Purpose “Auntie” Anne Beiler started baking pretzels to help fund her husband's desire to provide free family counseling services for their community.
Why does the Auntie Anne's logo have a halo?
The pretzel was restyled, and a gold halo and the tagline—Pretzel Perfect—were added to capitalize on customers' perception that the pretzel was so superior it belonged on a pedestal.
How much does the average franchise owner make?
According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.
How much does a 7-Eleven franchise owner make?
Salary Details for a Franchise Owner at 7-Eleven The estimated base pay is $81,982 per year. The estimated additional pay is $58,226 per year.
Which food franchise makes the most money?
The Revenue of Fast-Food Chains in America TranscriptRestaurantSales (2017 Total U.S. Sales)Number of U.S. FranchisesStarbucks$13,167,610,00013,930Subway$10,800,000,00025,908Burger King$10,028,320,0007,226Taco Bell$9,790,150,0006,44626 more rows
What percentage do franchise owners make?
Franchise royalties range from 4% of your revenue all the way up to 12% or more. The amount has to do with the type of franchise business. For example, a food franchise is a high-volume business. A lot of individual items are purchased by a high-volume of customers.
How much does an Auntie Anne's franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Are there any Auntie Anne's franchise opportunities near me?
Based on 2020 FDD data, Auntie Anne's has franchise locations in 48 states plus DC. The largest region is the South with 464 franchise locations.
Background
Auntie Anne`s is a snack food retailer selling delicious freshly baked hand-rolled soft pretzels in a range of sweet and savory flavors. They come with optional dips and are supplemented by various drinks.
Support and Training Offered By Auntie Anne's
Training includes no less than two weeks of classes to help you and your team understand the business. Additionally, training programs are available specifically for managers.
Franchises Similar to Auntie Anne's
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.
What did Auntie Anne's stand serve?
The stand served pizzas, pretzels, chips and candy, with the pretzels outselling everything else. Beiler stopped selling pizza and began hand-rolling pretzels in front of her customers, making the snack even more popular. Eventually, Beiler bought her own stand, naming it Auntie Anne's, and, soon two of her brothers were operating Auntie Anne's ...
How long does a franchise last?
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.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
What is a military discount?
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
What is net worth?
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
