Mrs. Fields Cookies Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
The year 1981 saw the beginnings of one of the largest retailers of freshly baked cookies in the US. They started franchising the following year. Today, its franchise system spans over 300 locations throughout the US and 22 other countries and operates from their headquarters in Broomfield, Colorado. Their products now include brownies, muffins, cakes, croissants, bagels, cinnamon rolls, sticky buns, chocolate, and a variety of beverages.
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Table of Contents
Mrs. Fields Cookies Franchise Wiki
The Mrs. Fields franchise is offered in two different formats—the cookie store and the kiosk. Those applying for a franchise must undergo training, which can include in-store, on-the-job, classroom, and computer-based training. Direct participation of the franchisee in the store operations is highly encouraged by the company. It is not obligatory, but they require the franchisee to hire a full-time manager to work on the premise if managing the store themselves is unlikely.
The initial franchise term is ten years, starting from the day the franchise agreement is finalized. It is renewable to another ten years subject to the company’s terms and conditions.
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Mrs. Fields Cookies Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Mrs. Fields Cookies Franchise Cost
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To be eligible for a franchise, you must have a net worth of around $250,000 to $1,000,000 and a liquid capital of about $70,000 to $100,000. Here’s a breakdown of the Mrs. Fields franchise cost:
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Travel and Living Expenses While Training | $2,000 | $3,000 |
| Real Estate Lease | Varies | |
| Improvements and Equipment | $179,495 | $312,500 |
| Opening Product and Soft Goods Inventory | $1,000 | $5,000 |
| Grand Opening Promotion | $5,000 | $10,000 |
| Security Deposits, Utility Deposits, Business Licenses, and Other Deposits and Prepaid Expenses | $4,000 | $5,000 |
| Professional Fees | $9,000 | $10,000 |
| Insurance (3 months) | $2,500 | $3,500 |
| Coffee Preparation and Serving Equipment | $2,500 | $10,000 |
| Computer Hardware and Software | $3,500 | $4,500 |
| Additional Funds (first 3 months) | $8,000 | $12,000 |
| ESTIMATED TOTAL (not including real estate lease costs) | $251,995 | $410,50 |
Mrs. Fields Cookies Franchise Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Mrs. Fields Cookies Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
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How to Apply For Mrs. Fields Cookies Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Mrs. Fields Cookies Franchise Contact details
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FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Did You Know?
Here are some fun facts about Mrs. Fields Cookies:
- Did you know that in 2007, Mrs. Fields baked over ten million chocolate chip cookies? That’s like baking a single cookie for every resident of South Carolina and Tennessee states combined!
- Did you know that Mrs. Fields uses more than 17 tons of frosting? That’s more than enough frosting to fill an Olympic size swimming pool!
- Did you know that when Mrs. Fields bake brownies, people from as far away as 100 yards from their bakery can still detect the mouth-watering aroma? That’s as far-reaching as an entire football field!
- Did you know that Mrs. Fields hand-tied over 200,000 bows in 2007 for their gourmet gifts? That’s a bow every three minutes for a whole year!
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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