Kilwins, also known as Kilwins Chocolates, is an American company founded in 1947 and based in Petoskey, Michigan that specializes in confectioneries such as candy, ice cream, and fudge.
As of July 2018, the company operates 120 stores nationwide in 23 states. About half of these locations are located in popular tourist destinations, such as near resorts and at beaches. The company has a few franchises located across the country as well that are not owned by the corporation.
Entrepreneur magazine lists Kilwins in the top 100 of its Franchise 500 Rankings.
Kilwins has the franchise fee of up to $40,000, with total initial investment range of $423,251 - $790,207.
Financial Requirements for Kilwins
Initial investments: $423,251 - $790,207
Net-worth Requirement: $500,000
Liquid Cash Requirement: $125,000
Initial Franchise Fee: $40,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 1%
On-The-Job Training: 173 hours
Classroom Training: 43 hours
Additional Training: Online training; store visits
Number of Employees Required to Run: 6 - 10
Kilwins Franchise Info: https://www.kilwinsfranchise.com/franchising
Request Free Info