Gigi's Cupcakes Franchise Opportunities
Gigi's Cupcakes franchise is one of the largest bakery chains in the world. It includes 77 ongoing franchise enterprises. However, there are still some Gigi's Cupcakes bakery franchises available for sale. Becoming a franchisee of the brand and you will get a chance to feel all the benefits of the business. Owning Gigi's Cupcakes shop means making profit from treating visitors with delicious cupcakes, pies and muffins baked by unique recipes. For very attractive cost & fees that a franchisee needs to pay, they receive a simple and a proven business model, a user-friendly website and apps which help to run the business, trainings and assistance of a franchise team, and a well-known brand name.
How to open a Gigi's Cupcakes franchise?
- Ensure you have adequate capitalization.
In order to open the Gigi's Cupcakes Bakery franchise, you must have a net worth of $300,000. - Appreciate the investment required for a bakery franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. - Evaluate your prior experience and strengths.
You do not need prior business experience before applying to become a Gigi's Cupcakes franchise owner. Their training is extensive and complete. After your training, you will be fully prepared to operate your store. - Assess market availability.
You will want to look at the market availability for Gigi's Cupcakes franchises and see if there are available markets in your location of interest before proceeding with the franchising application. - Submit your application.
Your application will be reviewed by the Gigi's Cupcakes franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner. - Receive approval & opening your Gigi's Cupcakes franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the Gigi's Cupcakes franchise cost?
Gigi's Cupcakes has a franchise fee of up around $35,000, with a total initial investment range of $226,700 to $425,500.
Net-worth Requirement: $300,000
Liquid Cash Requirement: $100,000
Gigi's Cupcakes Initial Investment
Initial Investment: $226,700 - $425,500.
Ongoing Fees
Initial Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 2,5%
Gigi's Cupcakes website: www.gigiscupcakesusa.com
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