Rank no. 302 – Fuzziwig’s Candy Factory Inc. – US
Products & Services: Self-serve bulk candy
Number of Locations: 53
Total Investment: $179K – 348.35K
Began Franchising: 2002
About Fuzziwig’s Candy Factory Inc.
Fuzziwig’s Candy Factory stores sell bulk candy, small toys and soft drinks in a themed environment. Some stores also offer ice cream, cotton candy, popcorn and caramel apples. Based in Durango, Colorado, the company was founded in 1996 and began franchising in 2002.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $400,000
Liquid Cash Available: $75,000
70% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Franchise Ranking History
Fuzziwig’s Candy Factory Inc. has an estimated 60 franchises, which is 77 less than the average for all Franchise Business Opportunities.
The estimated average total initial investment for Fuzziwig’s Candy Factory Inc. is $263,675, which is $50,325 more than the average for all Franchise Business Opportunities. Additionally, the franchise requires a minimum net worth of $400,000.
The franchise term for Fuzziwig’s Candy Factory Inc. is 10 years, which is the average for all Franchise Business Opportunities. Operation training for the Fuzziwig’s Candy Factory Inc. franchise includes Available at headquarters: 7 days. At franchisee’s location: 5 days.