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Below is an in-depth analysis and side-by-side comparison of Schakolad Chocolate Factory vs Peterbrooke including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $121,500 - $153,500 | $212,750 - $343,500 |
Franchise Fee | $39,500 | $25,000 |
Royalty Fee | $600-$1K/mo. | 6% |
Advertising Fee | $100/mo | 3% |
Year Founded | 1995 | 1983 |
Year Franchised | 1999 | 2005 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | 20% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | * 10 day franchise training located in Jacksonville, Florida * On-call Peterbrooke executives * Peterbrooke staff on site with you seven days during the week of your store opening * A franchise field representative who makes regular visits to your store |
Support | Newsletter, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Peterbrooke franchisees will receive step-by-step instructions from a series of informative manuals. These handbooks are designed to give detailed directions for day-to-day operations, as well as for making and packaging products. The Peterbrooke Chocolatier Operations Manual includes: * Business policies and practices * Operating your business * Marketing your business * Production and inventory planning * Developing sales leads and selling * Customer service Each franchisee will also receive a Peterbrooke Master Recipe Book, complete with recipes and detailed instructions on packaging products. |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.