One of life's great pleasures is donuts. A brand to consider is Randy's Donuts. The brand was founded in 1952 and has since become famous for its Giant Rooftop Donut, which has attracted visitors from around the world. One of the most popular spots in Los Angeles, the donut franchise has been featured in films, television, and brand advertising. Due to the positive responses from fans, Randy’s is consistently named one of the top donut shops in the U.S. and the most reviewed and highest rated donut shop on Yelp for 70 years. Customers can't get enough of Randy's selection of classic, fancy, premium and deluxe donut selections. Franchise owners benefit for the franchisor's decades of experience and proven system. Ideal candidates must have a proven track record in multi-unit foodservice and or retail; live and work in the territory they wish to franchise; and are willing to own and operate a location approved by the franchisor. Qualified candidates should have a net worth of $1 million, $300,000 of which must be liquid assets.
It is estimated that the initial total investment cost will range from $423,750 to $558,500 for an inline store, $934,750 to $1,080,500 for a drive-thru store, and $246,750 to $359,500 for a non-baking kiosk store. The franchise fee for the first store is $35,000 and $25,000 for all subsequent stores. The royalty fee is 5% of gross sales. Training will be conducted in Inglewood, Calif., during the construction of your location. The training is broken down into on-the-job and classroom instruction to detail everything you need to know about running the brand.