Description
MilkShake Factory is a premium dessert destination, serving up handspun milkshakes made with housemade ice cream, as well as heritage chocolates crafted by fourth-generation chocolatiers. Having been successful in the $1.5 trillion Foodservice & Hospitality industry for over a century, MilkShake Factory is presenting the sweetest opportunity in franchising!
Beginning in 1914 as a family-run chocolate business, MilkShake Factory was spun off in 2003 as a way to bring more business throughout the year to the family's chocolate shop. Elevated by fourth-generation chocolatiers, MilkShake Factory delivers handcrafted milkshakes and chocolates with a sophisticated yet simple operation. Why MilkShake Factory?
- Fourth-generation chocolatiers committed to creating a family culture
- Century-old family recipes, proprietary housemade ice cream, high-quality ingredients blended with imagination
- Refined concept with proven unit economics that can successfully operate at scale
- Dedicated team with decades of franchise experience
- Certified training programs and robust standard operating procedures
- Operationally simple and streamlined F&B
Background
Established: 1914
First Unit Franchised: 2023
Franchise Units Awarded: 131
Company Owned Units: 11
Not Registered In: CA, HI, ND, SD, WA
Sold Out Markets: Metro Indianapolis, IN, Metro Detroit, MI, Wilmington, Raleigh, Durham, Winston-Salem, and Greensboro, NC, Pittsburgh, PA, Provo/Orem, Salt Lake City, UT.
Currently Not Selling: CA, Chicago, IL, MN, VA, WI
Canada Franchises: No
International Franchises: No
Support Training
Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Robust Training Program:
- Technical Training- 6 Days in Pittsburgh, PA
- Business Training- 3 Days in Ann Arbor, MI 6
- On-Site Training- Up to 5 Days
Ideal Candidate
Owner-Operator - Working In business
- Drive culture and customer retention
- Be the “face” of the company
- Sphere of influence
- Community relation & promotion
Investor - Executive Ownership
- Managing through KPIs
- Drive culture
- Sphere of influence
- Hire staff that can drive the culture and represent the brand
- Regular calls with home office
- Support the team during the pre-sales phase (10-13 weeks prior to opening)
Desired background of prospects and ideal candidates:
- Community builder
- Impact Driven
- Good leadership qualities
- Sales experience a plus
- Focus on Quality and Experience
Financial Detail
Liquidity Required: $200,000
Total Investment: $476,705 - $739,508
Minimum Net Worth: $750,000
Royalty: 6%
Item 19: Yes
Location Size: 1,000-1,600 sq ft
Average Number of Employees: 13-18
Visa Candidates: No
Passive Ownership: No
Home-Based: No
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: Yes, $5,000 off of the first license
Franchise Fee:
$60,000 - 1 unit
$110,000 - 2 units
$135,000 - 3 units
$180,000 - 4 units
$225,000 - 5 units
$240,000 - 6 units
$280,000 - 7 units
$320,000 - 8 units
$360,000 - 9 units
10+units: $35,000 apiece
