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What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
How many Auntie Anne's franchises are there?
There are 1,279 Auntie Annes stores in the United States as of October 18, 2022. The state with the most number of Auntie Annes locations in the US is Pennsylvania, with 130 stores, which is about 10% of all Auntie Annes stores in the US.
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
How much does it cost to open Auntie Anne's?
Facts & FiguresLiquid capital required$120,000Net worth required$300,000 - $580,000Investment$100,550 - $503,500Franchise fee$10,500 - $35,500Royalty7.0%4 more rows
Are Auntie Anne's profitable?
Auntie Anne's Franchise is a very profitable business for the franchisor with retained earnings of $174 million in 2021. Compared to $160 million in 2019, they saw an increase of 8.75% from 2019 to 2021.
Does Shaq own Auntie Anne's?
Shaq has investments in all sorts of business ventures, which also include no less than 17 Auntie Anne's Pretzels stores. Well, not anymore. As it turns out, the Hall of Fame big man decided to sell off all his Auntie Anne's franchises.
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.
Who are Auntie Anne's competitors?
Auntie Anne's's competitors and similar companies include Folliet, Biggby Coffee, Shokoladnitsa and Santonis. Auntie Anne's is a company that operates a chain of pretzel shops.
How many Auntie Anne's are there in the world?
Auntie Anne'sAuntie Anne's at King of Prussia mall in King of Prussia, PennsylvaniaNumber of locations1,232 as of August 21, 2021)Area servedWorldwideKey peopleAlisa Gmelich, Chief Brand OfficerProductsPretzels, beverages, dip sauce9 more rows
How many locations does Wetzel's pretzels have?
350Currently, Wetzel's Pretzels has 300+ locations in 28 states and six other countries worldwide....Wetzel's Pretzels.Wetzel's Pretzels in the Tysons Corner MallNumber of locations350 (2021)Key peopleJennifer Schuler, CEOProductsPretzelsRevenueUS$17 million (US, 2019)11 more rows
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 famous person owns Wingstop?
rapper Rick RossPopular rapper Rick Ross owns multiple Wingstop restaurants, mostly in the south of the U.S. Tennis superstar Venus Williams has opened five locations of Jamba Juice in the Washington D.C. area.
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.
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.
When did Auntie Anne's franchise start?
15. After perfecting her recipe and raising more money, Beiler opened a second stand in Harrisburg, Pennsylvania later in 1988. By 1989, Beiler was ready to start franchising the Auntie Anne’s concept. Beiler agreed to license the first franchise to her brother, construction manager Jake Smucker, who opened a shop in Middletown, Pennsylvania.
What is section 2 of Auntie Anne's franchise?
Section II – Estimated initial investment for an Auntie Anne’s franchise, based on Item 7 of the company’s 2020 FDD. Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for an Auntie Anne’s franchise, based on Items 5 and 6 of the company’s 2020 FDD. Section IV – Number of franchised and company-owned Auntie Anne’s ...
What is Auntie Anne's recline to eat chair?
It’s a one-of-a-kind, limited-edition chair that places pretzel delivery orders with the pull of a lever. The more you kick back, the more you get to snack. No need to pick up the phone – just relax and let the chair handle the ordering. The chair uses motion sensors to detect when users pull the lever, which then connects to the Auntie Anne’s mobile ordering system and places the order for delivery. It even talks to confirm that the order is on the way.
When will Auntie Anne's be available for mobile ordering?
1. At the beginning of August 2020 , Auntie Anne’s announced the launch of contactless mobile ordering in the Pretzel Perks app, along with the creation of their “Recline-To-Dine” Chair that actually orders pretzels with just the pull of a lever.
When did Auntie Anne's open?
16. In November 1989, Beiler opened the first mall location. Over the next few years, Auntie Anne’s grew rapidly and by 1992, there were 100 locations. In the mid-1990s, Auntie Anne’s opened its first international location in Jakarta, Indonesia. Auntie Anne’s continued its worldwide expansion over the next few decades.
Who is Auntie Anne's husband?
13. Auntie Anne’s was founded in 1988 by Anne F. Beiler and her husband Jonas in Downingtown, Pennsylvania. Beiler, who grew up in the Amish community, had grown up making baked goods that her family could sell. As a young adult, Beiler and her husband left the Amish community and struck out on their own.
Who is the president of Auntie Anne's?
3. According to Heather Neary, president of Auntie Anne’s, “Over the last several months, we heard from our fans that they missed Auntie Anne’s. As we launched our new contactless mobile ordering and pickup options, we wanted to truly celebrate by developing a fun and unique way for fans to fulfill their pretzel cravings. So, we got creative and developed a pretzel-lovers dream recliner.”
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 ...
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.
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.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
