What makes a good Duck Donuts franchisee?
Duck Donuts franchisees are motivated entrepreneurs who are excited to be hands-on at their businesses. Business experience is a plus, but other fields such as marketing and finance will also help you thrive as an owner. Most importantly, Duck Donuts franchisees share our values and want to make their communities even better places to live in.
What services do Duck Donuts specialty teams provide?
Our corporate Duck Donuts teams support all our stores with the resources and tools you need to get up and running, and to remain successful once you’re operational. Here is our specialty teams and the services they provide.
Why choose our cake donuts?
Our cake donuts are one of a kind. Really! They're made-to-order with consistent quality & freshness. With breakfast, snack, dessert and drink options, your shop will be able to earn sales all day long. Our simple menu doesn't require the bulky and costly equipment of many other food concepts.
See more
How much money do you need to open a duck donuts?
We require a minimum of $500,000 in total net worth and a minimum of $150,000 in liquid funds (cash, savings, mutual funds, stocks, etc.) to financially support opening a new Duck Donuts franchise.
How many stores does Duck Donuts have?
We are very thankful and excited to now be able to offer others the opportunity to open Duck Donuts around the country. Duck Donuts is currently set to have over 250 stores in 25 states.
How much is the security deposit for duck donuts?
Security Deposit (not including lease payment): $2,500 to $6,500. Though you have the option to purchase or lease, it is likely you will lease the premises of your Duck Donuts location. Duck Donuts retail stores typically occupy approximately 1,300 square feet of commercial space.
How many people are required to attend franchising training?
The amount varies due to the distance you must travel and the type of accommodations you choose. The estimate contemplates 2 individuals attending the franchisor’s initial training program.
Does franchising require additional working capital?
However, these figures are estimates and the franchisor cannot guarantee that this amount will be sufficient. The franchisor does not guarantee that additional working capital will not be necessary during the start-up phase or after.
Do you need signage for duck donuts?
The cost of signage, both interior and exterior, will depend on the size and location of your Duck Donuts location, your landlord’s particular requirements, local and state ordinances, and zoning requirements. You must purchase signage from the franchisor’s Approved Supplier.
How much does it cost to become a duck donuts franchisee?
This is in addition to a net-worth of $500,000. Duck Donuts franchise charges a franchise fee of $30,000 for each location.
How much is the royalty fee for Duck Donuts?
The ongoing royalty fee is made up of 5% of gross sales. The initial investment sum to be paid depends on your location. This ranges from $300,000 to $450,000 and includes costs like initial advertising, equipment, signage, construction costs as well as the franchise fee. An average Duck Donuts store falls within 1,200 to 1,500 square feet.
What are the positive factors of a duck donut franchise?
The positive factors are those that increase the likelihood of making a profit. In the case of Duck Donuts franchise, its steady growth over the past 10 years is a testament to its ability to make your investments viable. The support franchisees get in every area of their business is also an incentive.
What is duck donuts?
Duck Donuts makes its unique donuts from scratch in the presence of its customers. This has made its donuts to be always fresh and a delight for many. Its other products include iced beverages, hot beverages, sandwiches, soft drinks, and desserts. In 2017, the company realized revenue in excess of $32 million.
Where did Duck Donuts get their name?
What is Duck Donuts? The Duck Donuts franchise got its name from Duck, a town in North Carolina. Founded by Russell A. Digilio and Robin Griffith, Duck Donuts was only a whim of its founders which later translated to reality with the first Duck Donuts outlet opening in 2006.
When was Duck Donuts founded?
Duck Donuts is a food and beverage coffee house franchise established in 2006. Since it was founded, it has blossomed into a major enterprise with over 100 locations spread across the United States and growing.
Is it enough to own a duck donut?
Although this was briefly mentioned earlier, it is necessary to explain this further in this section. Owning a Duck Donuts franchise is not enough. The franchisee needs guidance and support all through the ownership tenure, and especially during the early stages of the business.
How much does a Duck Donuts franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors . Unlock this franchise for franchise-specific data and insight.
How many states are Duck Donuts in?
Based on 2020 FDD data, Duck Donuts has franchise locations in 18 states. The largest region is the South with 57 franchise locations.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 83 franchised Duck Donuts locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Does Duck Donuts have territorial rights?
Duck Donuts offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.
How much does a Duck Donuts franchise cost?
Duck Donuts is seeking to award areas development rights with five to eight units, depending on the territory of interest and the candidate’s profile.
How do I start setting up my own Duck Donuts franchise?
To request further information, complete the form below and click on the ‘Request Free Information’ button now.
What type of franchisee is Duck Donuts looking to recruit?
Duck Donuts is seeking area franchisees who share in its vision and commitment of offering a welcoming, family-friendly and delicious experience as it continues its growth. Prior F&B experience is a bonus. Business ownership and owner-operator are preferred.
