Chances are there’s not a week that goes by that you don’t either shop at a franchise store or drive past one. Franchises are appealing to many people who dream of owning a business because, compared to starting from scratch, investing in a franchise provides more startup and long-term training and support. Plus, investing in a Great American Cookies franchise comes with built-in brand recognition. If you’re one of those folks who would love to be your own boss and have been looking into franchising opportunities, Great American Cookies might be a perfect fit. But how much does a Great American Cookies franchise cost? Let’s take a look at some of the expenses you’ll have to consider before investing.
Location and Size of Your Store
To begin with, it’s important to note that startup costs will vary depending on your location. Each town or city has its own laws, taxes, and licensing fees, as well as unique costs associated with construction and the rent or lease. The size, or square footage, of your store can also influence the cost of a Great American Cookies franchise. The minimum size required for one of our locations is 400 square feet, with a maximum of 1,400. Multiply that by your town’s average price-per-square-foot cost for a commercial lease, and you’ll get a quick estimate of what your rent may be every month. You also must factor in monthly expenses like utilities and insurance.
Licensing Fee and Ongoing Royalties
franchise corporations, Great American Cookies charges a franchise fee. For your own franchise with us, the fee is $25,000, and this enables you to do business under our brand umbrella. Additionally, all Great American Cookies franchisees are responsible for a 6% ongoing royalty on their net sales, as well as a 1.5% marketing fee. These expenditures grant you access to our trade name, service marks, and our operating system. They also pay for services to help you acquire and develop your location, provide you with sources for equipment, fixtures, and furnishings, help with marketing your grand opening, and guarantee you unparalleled franchise training and support. In short, we don’t abandon you once you’ve made your investment with us, but rather do everything we can to make sure your entry into the franchise world is smooth and has a greater chance for success.
What Am I Investing In?
When you partner with us, you are investing in more than just a Great American Cookies franchise: As a 2019 Entrepreneur-ranked franchise, you are buying into a trusted brand that has a reputation for delicious, high-quality gourmet cookies, we provide our customers with an amazing service experience, and we go the distance when it comes to training and supporting our franchisees.
What Are You Waiting For?
We know how necessary it is to do your homework before investing in something as important as a franchise. That’s why our resource library is a great place to start! You’ll find over a dozen free, downloadable eBooks and infographics that will help explain all aspects of doing business as a Great American Cookies franchise owner. So, what are you waiting for? Start your franchise journey today!
If you would like more information about the Great American Cookies franchise opportunity, download our free franchise brochure!