Shipley Do-Nuts Franchise Opportunities
Shipley Do-Nuts offers over 60 different varieties of Do-Nuts, pastries, and kolaches that are all produced from the same simple to use donut mix. Lawrence Shipley, Sr. created a gourmet recipe for Do-Nuts in 1936. They provides a proprietary donut mix that requires only water and yeast to be added at the store level. The company also proposes franchise opportunities. As of 2018, Shipley Do-Nuts operates 285 franchises in the United States.
How to open a Shipley Do-Nuts franchise?
- Ensure you have adequate capitalization.
In order to open a Shipley Do-Nuts franchise, you must have a net worth of more than $340,000.
- Appreciate the investment required for a doughnut shop franchise.
You will need to consider building and 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 should thoroughly evaluate your prior business experience before applying to become a Shipley Do-Nuts franchise owner.
- Assess market availability.
You will want to look at the market availability for Shipley Do-Nuts 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 Shipley Do-Nuts 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 Shipley Do-Nuts 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 Shipley Do-Nuts franchise cost?
Shipley Do-Nuts has the franchise fee of up to $50,000, with total initial investment range of $340,900 to $566,200.
Initial investments: $340,900 - $566,200
Net-worth Requirement: $600,000 - $750,000
Liquid Cash Requirement: $200,000 - $250,000
Initial Franchise Fee: $35,000 - $50,000
Ongoing Royalty Fee: 4%
On-The-Job Training: 100 hours
Classroom Training: 20 hours
Number of Employees Required to Run: 10
Shipley Do-Nuts Franchise Info: https://www.shipleydonuts.com/franchise/
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