| ||||
Updated RecentlySchakolad Chocolate Factory vs Fuzziwig's Candy Factory Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Schakolad Chocolate Factory vs Fuzziwig's Candy Factory including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $121,500 - $153,500 | $184,000 - $363,350 |
| Franchise Fee | $39,500 | $30,000 |
| Royalty Fee | $600-$1K/mo. | 6% |
| Advertising Fee | $100/mo | - |
| Year Founded | 1995 | 1996 |
| Year Franchised | 1999 | 2002 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | 20% of current franchise fee | $100 |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | - | Prior to your store opening, you'll have the opportunity to train at an actual Fuzziwig's Candy Factory store where you'll learn first-hand what it takes to run the business. You'll also benefit from classroom-style training led by our team of experienced business professionals. The training continues long after your doors open. Your Fuzziwig's Candy Factory Field Consultant will be in regular contact with you and you'll be able to network with corporate staff as well as other franchisees. Additional support is also provided through our Franchisee Center, periodic field training, seminars, and regional and national meetings. |
| Support | Newsletter, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Regional advertising | - |
| Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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) |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Schakolad Chocolate Factory
When Edgar Schaked graduated from Florida International University in Miami with a degree in mechanical engineering, he told his father he didn't want to be an engineer, he wanted to be a chocolate maker. Schaked's father, Baruch, had been making chocolates for more than 25 years, working in a chocolate factory in the family's native Argentina, studying different techniques throughout Europe, and opening his own shop in Miami. From his father, Schaked learned the essentials of chocolate making and together they opened Schakolad Chocolate Factory in Winter Park, Florida, in 1995. Each shop features handmade chocolate treats including truffles, boxed assortments and chocolate body paint. Schakolad Chocolate Factory also custom-designs chocolate gifts and promotional items for corporate clients.
About Fuzziwig's Candy Factory
The first Fuzziwigs Candy Factory store opened in 1995. The earliest stores were in Malls and Outlet Centers and focused on bulk candy, packaged candy and small toys. Later, stores started to sprout up in downtown "Main Street” type locations and began to incorporate Store Made products and Ice Cream. Today you will find Fuzziwig’s in Malls, on Main Streets and now in select Scheels All Sports locations.