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Below is an in-depth analysis and side-by-side comparison of Schakolad Chocolate Factory vs Leonidas Chocolates - Western Canada 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 | $50,000 - $100,000 |
Franchise Fee | $39,500 | N/A |
Royalty Fee | $600-$1K/mo. | - |
Advertising Fee | $100/mo | - |
Year Founded | 1995 | - |
Year Franchised | 1999 | - |
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 | - | - |
Support | Newsletter, Grand opening, 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) | - |
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.
Leonidas is a renowned chocolate brand offering more than 100 types of Belgian chocolates in 1400 points of sale worldwide. The Leonidas franchise promises the following to its franchisees: "you will never be on your own". Teams of professionals will be supporting the franchisees at every step: - Help in finding the best location - Boutique decoration - Advice pertaining to the purchase of supplies - Practical training throughout the carrier They will provide help to the franchisees both in sales and logistics. The franchisor is currently developing internationally. Some of the figures may vary depending on your country and will be confirmed to you by the franchisor as you request information.