Don't You Love Donuts?
America Runs on Dunkin'? What do you run on?
We all know brands such as Dunkin' Donuts, Krispy Kreme, and more! But, what makes them SO popular? Each brand competes in an industry of loyal consumers, exciting tags lines, and innovative menus to stay on top of the latest trends. Also, each brand offers more than JUST donuts! Offering selections of coffee and other drinks or food helps keep the customers happy. Who doesn't love a donut and coffee in the AM?
Knowing the extent of what a donut franchise offers, we know their presence must be pretty powerful. For example, a Krispy Kreme franchise has an annual profit per year of about $1.2 million with Dunkin' Donuts following slightly behind bringing in about $1 million.
These franchises also offer low investment costs with high rewards, brand strength, and easy operations. Making these donut franchises spots a hit!
What donut franchise would you own?
Duck Donuts provides customers with tasty, made-to-order donuts. We are looking for experienced franchisees with a commitment to offering out customers a warm, family-friendly experience. Duck Donuts has expanded to over 100 locations in the United States!
When you think delicious pastries and excellent coffee, the first name that comes to mind is the Dunkin’ Donuts franchise. Since it was founded in 1950 Dunkin’ Donuts has become the automatic morning stop for millions of coffee and doughnut lovers in America and around the world, with more than 10,000 shops in the U.S. and more than 32 other countries.
As an internationally recognized doughnut chain store, Krispy Kreme has been satisfying the taste-buds of many for 75 years. Offering a wide range of classical doughnuts and seasonal varieties alongside beverages and icy treats, it is their traditional warm glazed doughnut that has defined them for many years.
Yum Yum Donuts is one of the largest and most successful donut shop chains in the world. Featuring its trademark happy face, the Yum Yum Donuts brand is committed to serving fresh, delicious donuts and coffee with fast, friendly service. Yum Yum Donuts takes great pride in the proven loyalty of its customer base, in many cases welcoming a core group of customers into the store every single day of the week. What’s not to like? Mouth-watering donuts and tasty hot coffee.
The Time is Now: Five Hot Franchise Opportunities You Don't Want to Miss
Now is a great time to go after your dream of becoming a business owner, and why not try to improve your chances of success by investing in the next big franchise? Take a look at five of the hottest, up and coming franchise opportunities that may be your ticket to successful business ownership!
How Listening Shapes Franchise Recruiting
During a recent conversation with a well respected franchisee recruiter, we discussed the qualities of an excellent listener. We came up with four different levels of listening. This franchisee recruiter explained that as he moved up in listening levels, he increased his results exponentially.
How Do You Pay for a Franchise?
Whether you’re purchasing a whopper from Burger King or joining the Burger King franchise system, the old mantra holds true: there’s no such thing as a free lunch. When you first get started running a franchise you need to pay a fee to allow you to enter into that franchise. These fees are the largest fees that you will normally pay a franchisor and typically range between $5,000 and $1,000,000 depending on the franchise. The franchisor charges this fee as a way to recoup the costs of expanding the franchise and to continue to grow. From a franchisee perspective, this is a major outlay and can take a long time to make back, but is a necessary step. Aspiring business owners must understand how much capital is available to them so they can ascertain how much they can afford. The cash you have at your disposal is known as liquidity, and there are numerous ways to increase your liquidity above the balance in your bank account. As a result, many people don’t realize how much capital they actually can use for investments, like launching a franchise branch. We’ll run through some of those methods below.
