Peace Love & Little Donuts Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. To know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
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Table of Contents
Wiki
In 2009 Ron and Marci established the first Peace, Love, and Little Donuts in one of America’s most liveable cities, Pittsburgh, Pennsylvania; Located Directly in the Strip District. By creating their Groovy, Far Out and Funkadelic flavours they knew that they could not lose the incredible taste of their old fashion cake donut.
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With that in mind each donut sold by the company was created so that with every bite a customer could taste a fresh, warm donut, the subtle flavour of the company’s frostings and their crazy selection of Funkadelic toppings; with no one flavour overwhelming the others.
According to the company, all their stores work hard to make sure that customers scattered across the United States enjoy those flavours as they intended from the beginning.
Peace Love and Little Donuts offer franchises for the operation of retail stores and outlets featuring donuts and coffee. Peace. Love & Little Donut franchises offer donuts, coffee and related items from stores and other sites the franchisor approves.
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Peace, Love and Little Donuts, LLC is a Pennsylvania limited liability company that was formed on June 12, 2012. Their principal place of business is 104 Marshall Drive, Moon Township, Pennsylvania 15018. They began offering franchises in 2016. The number of locations has quickly grown to 28, of which four are company-owned and all are located in the US.
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.
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Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
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Cost/ Investment / Price / Fee
- Initial Investment: $121,200 – $235,100
- Net-worth Requirement: $500,000
- Liquid Cash Requirement: $150,000
- Initial Franchise Fee: $40,000 – $40,000
- Ongoing Royalty Fee: 6%
- Ad Royalty Fee: 1%
Requirements
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.
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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
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.
Contact details
Website
https://www.peaceloveandlittledonuts.com/
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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Is a Franchise?
Yes, a franchise.
What is The Difference Between Franchisor vs. Franchisee
Click Here to know about it.
What Is The Difference Between Franchise Vs. Sole Proprietorship
Click Here to know about it.
Conclusion
Although a very young company, Peace Love and Little Donuts have developed brand recognition, amazing franchisee support, and the potential to make high profits, but joining the Peace Love and Little Donuts franchise requires a certain personality. If you don’t meet experience requirements and personality traits, you might struggle with running your location or even getting your application approved.
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.
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