If there's one thing that Americans like, it's chocolate. A chocolate franchise to consider is Schakolad Chocolate Factory. The brand was established in 1995 by Edgar Schaked, whose father was a chocolate maker. The ideal franchise owner has an owner/operator mentality, is committed to customer service, and enjoys interacting with the community. They are also outgoing and are driven to succeed. The ideal balance of the average day is 50% of time spent in the retail store and 50% outside the store on marketing or sales calls. The brand does well in a high traffic areas like small towns, outdoor shopping/lifestyle centers, and the typical stores range between 1,200 and 1,600 sq. feet. In some special locations, they might be smaller. In addition to European-style "made fresh on premises chocolates,"
Many Schakolad stores offer specialty coffee beverages, Schako Latte (chocolate drinks made with real chocolate), the Schakolad Fondue Fountain experience and fresh gelato that comes in up to six flavors. The brand's handmade chocolate, beverages and gelato have proven to be a great combination . In terms of support and training, you can expect an initial training program that is broken down into classroom and on-the-job training. During that time, you'll learn everything you need to know about running the business. This includes hiring, marketing and advertising, managing the books, and more. Support and training are ongoing. You can expect the initial investment to range between $134,100 - $167,500. This includes a one-time franchise fee of $39,500. Royalty fees are 5%, and veterans are incentivized to invest with a 10% discount on the franchise fee.