Full Answer
How do I become an Auntie Anne’s franchisee?
To be part of the Auntie Anne’s team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should be prepared for ongoing fees that will include advertising, royalty, and potential renewal fees.
How much does it cost to open Auntie Anne’s soft pretzel franchise?
Auntie Anne’s is a popular franchise chain that specializes in soft pretzels and franchise owners typically need to have a minimum of $100,000 in liquid capital and a net worth of at least $300,000. The royalty for Auntie Anne’s is 7% of gross sales. A 1% national brand fund fee of gross sales is also charged.
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
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?
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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.
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
Which franchise owner makes 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.
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
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.
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...
What is the fastest growing franchise in the world?
Browse franchises by categoryFranchise name/rankCategory/Description# 1 7-ElevenConvenience Stores Convenience stores# 2 Century 21 Real EstateReal Estate Real estate# 3 KFCChicken Chicken# 4 Stratus Building SolutionsCommercial Cleaning Environmentally friendly commercial cleaning and disinfecting6 more rows
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 is an Auntie Anne's Lemonade?
Auntie Anne's Menu PricesFOODSIZEPRICEFrozen Lemonade Mixers (Blue Raspberry, Cherry, Mango or Strawberry)Regular$2.99Frozen Lemonade Mixers (Blue Raspberry, Cherry, Mango or Strawberry)Large$3.09Old Fashioned LemonadeRegular$2.39Old Fashioned LemonadeLarge$2.5940 more rows
How much is Auntie Anne's pepperoni pretzel?
$4.99Just in time for National Pepperoni Pizza Day on Tuesday, September 20, the new Pepperoni Pretzel Nuggets are now available at Auntie Anne's stores nationwide at a suggested retail price of $4.99.
Is Auntie Anne's lemonade fresh?
Our lemonade is squeezed from fresh lemons and made the old fashioned way!
How many calories are in an Auntie Anne's mini pretzel dog?
Auntie Anne's Mini Pretzel Dogs With Butter Nutrition FactsServing Size10 PiecesCalories630Calories From Fat310Amount Per Serving% Daily Value*Total Fat35g54%13 more rows•Jul 29, 2021
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.
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.
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.
The top 5 and bottom 5 fast food chains in America by earnings today on Franchise City
The 5th lowest earning franchise is Church's Chicken. A single location will average $688K gross a year. Church's has about 1050 units open, they closed 35 stores last year and a freestanding store will cost between $1,159,150 to $1,603,300. The 4th lowest earning franchise is Auntie Anne's. A single location will average $562K a year.
The Bottom 5 Earning Fast Food Franchises
The 5th lowest earning franchise is Church's Chicken. A single location will average $688K gross a year. Church's has about 1050 units open, they closed 35 stores last year and a freestanding store will cost between $1,159,150 to $1,603,300. The 4th lowest earning franchise is Auntie Anne's. A single location will average $562K a year.