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 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!
How much does a Baskin-Robbins franchise?
How much does Baskin-Robbins franchise cost? Baskin-Robbins has the franchise fee of up to $25,000, with total initial investment range of $93,550 to $401,800.
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.
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?
Here are the top 10 best Ice Cream franchises in IndiaNatural Ice Cream. Founded in: 1984. ... Gelato Vinto. Founded in: 2005. ... Michaels Icecream Burger. Founded in: 2017. ... Gargi's Milkshakes. Founded in: 2011. ... Raw Creams. Founded in: 2015. ... Grandpa's ice cream - Fresh & Natural. Founded in: 2019. ... Stickhouse Pvt. Ltd. ... Iceberg Icecreams.More items...
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...•
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 is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
Is Baskin-Robbins doing well?
Baskin-Robbins was taken private in 2020 and doesn't publicly disclose sales figures. But Maceda said sales grew 3.5% in 2020, and 10.9% last year. Overall, ice cream sales at US scoop shops grew 4.4% from 2019 to 2021, according to Euromonitor International.
What is the royalty fee for Baskin-Robbins?
5.9%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).
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.
Who owns Baskin-Robbins?
Dunkin' BrandsInspire BrandsBaskin-Robbins/Parent organizations
Our exceptional Franchisees are the sprinkles to our ice cream. Our ideal candidiate will have
Leadership skills to drive operational excellence and guest satisfaction
Purchase an Existing Shop
Buying an existing shop can offer established sales, staff, systems and community presence.
What is the availability in my area of interest?
Please proceed to the application form to determine if your area of interest is available for new shop development. Please proceed to our Existing Shops for Sale page if you are interested in purchasing an existing shop for sale.
Where can I obtain the Franchise Disclosure Document?
If you meet our preliminary minimum franchisee requirements, the Franchise Disclosure Document will be provided once you submit an online application.
Where do I receive my training?
There is a 3 week training program in Braintree, MA at Dunkin Brands University. Training to include live in-store technical training, instructor-led classroom training, online learning management system, mentoring and skill building.
Your Passport to Flavor
No matter where you are in the world, you’ll find all the quality ingredients and flavors you expect from Baskin-Robbins.
Get on the List!
By submitting your email address you agree to receive promotional emails from Baskin-Robbins.
How many sq ft is a Baskin Robbins franchise?
These can be freestanding, end-cap, or in-line configurations. A typical traditional Baskin-Robbins location is 800 to 1,500 sq. ft. with approximately 20 feet of frontage.
How many Baskin Robbins locations are there?
Baskin-Robbins now has approximately 8,000 locations throughout 50 countries. 100 percent of the locations are franchised.
How much does it cost to open a Baskin Robbins ice cream franchise?
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. Baskin-Robbins franchise owners must pay a 5.9% royalty on monthly gross sales as well as contribute a 5% advertising fee toward the franchisor's marketing program.
What is the name of the ice cream chain that has 31 flavors?
Baskin-Robbins is a globally operating ice cream franchise known for having 31 flavor options at each location. In addition to traditional ice cream, the chain offers ice cream cakes for various occasions. The famous "31 flavors" slogan came from the idea of being able to have a different flavor on every day of the month. Baskin-Robbins is a part of the Dunkin' corporate umbrella and has many shared locations co-branded with Dunkin' (previously known as Dunkin' Donuts).
What is the common theme of Baskin Robbins?
The common theme is that all these locations attract significant foot traffic from Baskin-Robbins' target customer demographic.
When did Baskin Robbins start franchising?
By 1948 , there were six open locations, and in the following year, Baskin-Robbins began franchising. Shortly prior to the passing of Burt Baskin, the franchise chain was acquired by United Brands Company in the late 60's, and later purchased by J. Lyons and Co. in the 70's.
Is Baskin Robbins a franchise?
Baskin Robbins is listed in the Franchise Directory under the Food category. It's also listed in the section for Franchises Under $150,000 .
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.
How much does a Baskin Robbins franchise cost?
As a Ice Cream franchise, Baskin-Robbins has grown to include over 7,981 (as of 2020) units since they began franchising in 1948 (73 years). It costs an estimated $123,952 – $558,830 to open a Baskin-Robbins franchise.
Why Should You Start a Baskin-Robbins Franchise?
Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Baskin-Robbins franchise and we'll be in touch soon!
What is the FDD report for Baskin Robbins?
The FDD report will contain additional information such as whether the franchise is renewable (Baskin-Robbin s Is Re newable ) and does the franchise offer financing support (Baskin-Robbins Baskin-Robbins has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).
How many units does Baskin Robbins have?
Baskin-Robbins offers several support options to its franchisees. With 7,981 ( as of 2020) units, Baskin-Robbins aims to provide support to each franchise owner to help them operate a successful franchise location. Baskin-Robbins offers 40-50 hours on the job training, 80-100 hours classroom training, and No additional training.
Where did Irv Robbins start his ice cream business?
As a teenager in the 1930s, Irv Robbins managed an ice cream shop in Tacoma, Washington. 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.
When is the Baskin Robbins franchise fee due?
The weekly fee for opening a Baskin-Robbins franchise is Continuing Franchise Fee Due On The Thursday Of Each Week.
Is Baskin-Robbins Right For You?
Baskin-Robbins has gone digital! Here are all of the ways you can find Baskin-Robbins online. Oftentimes, you can reach out to current franchise es of Baskin-Robbins online. Current franchisees may be able to offer personalized insights into what it is like owning a Baskin-Robbins franchise and offer tips to running a successful Baskin-Robbins franchise location.
When did Baskin Robbins open?
October 1, 2020. By. Dan Wesson. Share. Tweet. Baskin-Robbins started its operations back in 1946 and opened its doors for franchisees in 1950. It was an idea brought by the passion of two people who are ice cream enthusiasts themselves. Their headquarters is in Canton, Massachusetts, and currently has 8,070 units in more than 30 countries.
Where is the franchise accountant training?
The franchisor conducts classroom training at the headquarters in Jacksonville, Florida.
What is The Real Cost of A Lemonshark Poke Franchise?
However, other fast-casual restaurants may also have a place and opportunity to become an investment in the long run. One of them is LemonShark Poke, self-dubbed as a “fine casual” offering healthier food options for consumers needing a quick bite.
How much discount does a franchisee get for a veteran?
If the franchisee is a U.S. or Canadian discharged veteran, the franchisee may be eligible for the 15 percent discount on the initial franchise cost.
What are the obligations of a franchisee?
Franchisee Obligations. During the first year of operations, the franchisee will be required to accomplish a certain amount of manual labor. They are expected to work full-shift every day, and the number of hours could decrease if the restaurant consistently hits the sales target.
How many owners and managers are required to complete the Phase I and II training?
A minimum of one owner or manager must attend the Phase I and Phase II training programs and complete both satisfactorily. Moreover, the owner and manager must attend the Phase II training program and complete it according to the franchisor’s satisfaction. The requirements for the training may vary according to the participant’s experience.
Do you need to supervise a franchisee?
There is no need for the on-premise supervision of the franchisee. However, the manager should be trained according to the requirements of the franchisor. Likewise, it is highly encouraged that the manager will have an ownership interest in the business, but this is not mandated.
Dunkin' Donuts
Since 1950, Dunkin' Donuts has grown from a single coffee shop in the Boston area to one of the world's largest coffee and baked goods chains. We continue to be one of the fastest growing companies by unit count in the quick-service industry and are looking for franchise candidates that meet our criteria to grow with us all around the globe.
Baskin-Robbins
From its start in sunny southern California, Baskin-Robbins has grown to be the world's largest chain of ice cream specialty shops. We're looking for qualified franchise candidates who are committed to creating fun guest experiences as we continue to maintain our global expansion.
International Candidate Requirements
Two industry-leading brands, over 20,000 locations, over 60 countries. And that's just the start. We're looking for enterprising and experienced franchisees to grow with us. Start your application today.
Minimum Financial Requirements
Requirements will differ based on market and minimum number of restaurants. Minimum financial requirements for at least 20 restaurants are: