A franchisee can open a Rocket Fizz store for about $150,000, which includes the $54,000 franchise fee. The company also provides discounts for the military, law enforcement and firefighters. “Our monthly royalty is five percent of their gross sales,” Powells explains, noting that Rocket Fizz also has its own construction company.
Full Answer
What is the Rocket Fizz franchise?
Franchise Info. The Rocket Fizz Soda Pop and Candy Shops, LLC (better known as "Rocket Fizz") opened its first retail store in Camarillo, California in February 2009. The concept was created by Ryan Morgan and Robert ("Rob") Powells who believe people of all ages and backgrounds want to have a good time in life.
Why choose Rocket Fizz Soda Pop?
Rocket Fizz Soda Pop and Shops offer one of the largest and widest variety of selections of glass-bottled soda pops and retro candies for sale in America. We pride ourselves on carrying unique and fun products for people of all ages. When a customer enters a Rocket Fizz store they are visually overwhelmed by the amount of colorful inventory.
How many locations does Fiiz drinks have?
As the largest specialty soda shop chain in the nation, there’s no denying that FiiZ Drinks is doing something right. Today, the company is 33 locations strong and has come a long way since its start as a single store in Bountiful Utah in 2014 and the opening of its first franchise.
How do I make an offer on a franchise?
The offer of a franchise can only be made through the delivery of a Franchise Disclosure Document (FDD). Certain states require that we register the FDD in those states. Such registration does not constitute approval of the information in the FDD by that state agency.
Is Rocket Fizz going out of business?
Its flagship store, which opened in 2009, two years after the company was founded, was located in Camarillo, California but closed in 2019....Rocket Fizz.IndustryFranchise chain of candy stores in the United StatesWebsitewww.rocketfizz.com3 more rows
How much does it cost to open a Rocket Fizz store?
Rocket Fizz Soda Pop & Candy Shop has a franchise fee of up to $54,000, with a total initial investment range of $126,400 to $307,500. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
Why did Rocket Fizz go out of business?
The changing business environment and other factors have led to the decision to close. The store is currently selling its remaining inventory at 25% to 80% off and is encouraging anyone still holding a Rocket Fizz gift certificate to bring it in prior to the store's closure.
Who is the owner of Rocket Fizz?
The Rocket Fizz Soda Pop and Candy Shops, LLC was founded in 2007 by Robert (Rob) Powells and Ryan Morgan and in 2012 Rich Shane became the company CEO. The original store opened in 2009.
Is Robert Powells of Rocket Fizz married?
He is profoundly missed by his wife Kitty and their 4 kids, myself, and the many Rocket Fizz customers and team members who met him. He was truly a class act. I wish everyone knew Roddy the way I did. He was the kindest person I have ever met.
Is Sodalicious a franchise?
All of its locations are company-owned, as will be its new locations. None is franchised.
How much is candy at Rocket Fizz?
15¢ each at Rocket Fizz. Peel and pop! Sure, you occasionally get a bit of paper along with the pill, but pleasure doesn't get much simpler than crunchy candy buttons on skinny scrolls. Plus, these could be a useful motivational tool in teaching rudimentary math.
What happened fizz candy?
Unfortunately Fizzies contained the sugar substitute cyclamate. In 1968 the FDA banned the use of cyclamates citing research showing that cyclamates caused cancer in laboratory animals and the company went out of business. They returned in the mid-1990s containing NutriSweet, a substitute 200 times sweeter than sugar.
When was Rocket Fizz on Undercover Boss?
Robert Powells, co-founder and president of the sweet shop chain, made a television appearance Jan. 23 on an episode of "Undercover Boss," putting each location on the map.
How much does a Rocket Fizz Soda Pop & Candy Shop franchise cost?
Rocket Fizz Soda Pop & Candy Shop has a franchise fee of up to $54,000, with a total initial investment range of $126,400 to $307,500.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How many franchise locations do they have?
As of the 2019 Franchise Disclosure Document, there are 79 franchised Rocket Fizz Soda Pop & Candy Shop locations in the USA.
Is Rocket Fizz soda graded?
Rocket Fizz Soda Pop & Candy Shop is graded based on our most recent research.
Do they use public figures to promote their franchise?
Yes, unlock to find out which public figure s are used to promote this franchise.
About Franchise
The Rocket Fizz Soda Pop and Candy Shops, LLC (better known as "Rocket Fizz") opened its first retail store in Camarillo, California in February 2009. The concept was created by Ryan Morgan and Robert ("Rob") Powells who believe people of all ages and backgrounds want to have a good time in life.
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Complete the form below to get more information, including estimated costs to open and operate this franchise.
How long is Rocket Fizz franchise?
Rocket Fizz has been selling franchises since 2010, and their initial license period is 10 years, making some of their statistics incomplete.
What is the turnover rate of Rocket Fizz?
A healthy franchise will have a turnover rate of approximately 5 percent or less. Rocket Fizz has a turnover rate of 14.68 percent. This is a staggering number already, but when considering the fact that no franchised locations have yet reached the end of their license period, it becomes scary.
How much capital does Rocket Fizz need?
It is estimated that a new Rocket Fizz franchisee will need $126,000 and $308,000 in start up capital. For a franchise location, this is actually a smaller start up cost estimation than a lot of retail stores or restaurants. Small storefront space and cheap inventory are likely large factors in this low cost.
How to get Rocket Fizz?
To get started with Rocket Fizz, you will first need to apply for a license. They require a preliminary application that will result in a phone consultation. If after the consultation, both parties agree to move forward, a second, more complete application will be required.
Why is Rocket Fizz important?
Rocket Fizz places a high priority to keeping the variety of products offered in each store very similar.
Does Rocket Fizz offer a discount?
If you are in the market for more than one location, Rocket Fizz does offer a discount for the purchase of multiple licenses. After the license is procured, additional expenses will be incurred that the new franchisee will also have to have capital to cover.
Is Rocket Fizz still operating?
While eight years is not a large time span, there have been franchises that have failed in less time. Rocket Fizz is still operational, and still growing. In the end, it is up to the potential owner and Rocket Fizz themselves, if entering into a franchise agreement is in the best interest for both parties.
