Every franchise requires an investment, but many don’t know that estimated costs can also be found within the FDD. By providing these numbers, potential franchisees can answer many common questions they have during their time researching different franchises. Here’s an inside look at some of the items covered within our FDD.
Exclusive Rights to the Brand Name
In any franchise investment, there is always something called a franchise fee. Although the cost varies from brand-to-brand, the franchise fee grants the owner the rights to use the franchise brand name within the terms of the franchise agreement. Our franchise fee is a lump sum of $25,000, due when you sign our franchise agreement. This fee can vary depending on a number of factors and those numbers are also listed within our franchise disclosure document.
Travel and Living Expenses for Training
We accounted for the estimated costs that it will take to get you through our training program, held at the Global Franchise Group headquarters in Atlanta, GA. Since you will be coming to our corporate office for some of your training, we incorporated the estimated expenses for travel and food right in the initial investment so you won’t have to worry about the cost during your trip after the fact.
When you select a location to begin a franchise, you will have to build out the site to meet the brand’s guidelines. The site can be as little as small as 500 square feet, but it still needs to have the Great American Cookies colors, equipment, signage, and inventory. We made sure those estimated expenses were included in our Franchise Disclosure Document so new owners can plan accordingly.
The Great American Cookies Initial Investment
People who invest in a Great American Cookies franchise typically pay anywhere from $203,400 to $379,150. These startup costs estimate the typical costs a franchisee needs to get started with their new cookie franchise. In order for our franchisees to feel confident in their investment, anyone who wants to own a franchise with us should have a minimum of $100,000 in liquid assets for a single store. If you are interested in a cookie franchise like us, reach out! We can discuss options and help you determine if this is the right investment opportunity for you.
If you’re looking for a cookie or baked goods franchise, look no further. There are a lot of cookie franchise opportunities available, but none offer the training, support, or cobranding opportunities with other snack franchises that Great American Cookies provides. We have created an opportunity that allows franchises to sell the Great American Cookies product, but also to branch out to other opportunities in the snack food and dessert industries.
Visit our website to learn more about the Great American Cookies franchise opportunity and what separates us from others in the industry.