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Mrs. Fields Cookies
 

Premier retail cookie business with 'uncompromising quality,' 94% brand recognition, easy to operate, flexible designs and store options that operate in traditional and non-traditional venues.

Franchisor Background

Year Established:

  1977

Franchising Since:

  1990

IFA Member



Operating Units:

Franchised Units:300 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:300 100%  
 

Geographic Distribution:

U.S.:223 74.3% In 43 States
Canada:0 0% In 0 Canadian Provinces
International:77 25.7% In 0 Foreign Countries
 ______ _____  
Total:300 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California103
2. Michigan30
3. Illinois25

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:

Minimum Net Worth:$150K/75K LIQ
Cash Investment:$100-200K
Total Investment:$179.1-251.1K
Average Total Investment:$215K
 

Fees:

Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:1%

Average Number of Employees:

   3 Full-time, 2 Part-time

Space Needs (in square footage):

   600-900

Preferred Sites:

   Storefront, Strip Center, Regional Mall

Other Sites:

   Stadium

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:100
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Salt Lake City, UT
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:2
Formal Education:2
Psychological Profile:2
Personal Interview(s):5

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:7 Year(s)
Term of Renewal Period:7 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   38
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:No
 
 
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