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Fudge Co.

Fudge Co.
103 Belvedere Ave.
Charlevoix, MI 49720
800#:
Tel: (231) 547-4612
Fax: (231) 547-4612
E-Mail:
Web Site:
Contact: Mr. Robert L. Hoffman, President


Handmade fudge cooked in copper kettles, using only natural ingredients and no preservatives, cooled and creamed on marble slabs in view of the public.


Franchisor Background

Established: 1978
First Franchise: 1981
Franchise Units: 13
Company-Owned Units: 1
Total Units:14

Distribution:
U.S. -- 7; Canada -- 0; International -- 2
> North America -- Operations in 3 States
> States/Provinces with Greatest Density: 2 in AZ, 2 in AL, 2 in VA

Projected New Units Over Next 12 months:2-4
Franchisee Qualifications:4, 4, 1, 3, 4, 4
(for an explanation click here)

Registered in Following Registration States: FL,HI,MI,OR
Average Number of Employees: 2 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs:300-600 SF; FS, RM, Resort Areas (for abbreviations click here)

Financial Requirements

Cash Investment: $NR
Total Investment: $28-35K
Average Total Investment: $31K
Minimum Net Worth: $100K

Fees
>Franchise: $12.5-15K;
>Average Franchise Fee: $13K
>Royalty: 3%
>Advertising: 0%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements:Yes
Sub-Franchising Contracts: NR
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:Yes
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: NR
On-Going Support: b,c,D,E (for an explanation click here)
Training: 10-14 Days in AZ.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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