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Updated RecentlySchakolad Chocolate Factory vs Chocolate Works Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Schakolad Chocolate Factory vs Chocolate Works 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 | $284,800 - $436,600 |
| Franchise Fee | $39,500 | $50,000 |
| Royalty Fee | $600-$1K/mo. | 5% |
| Advertising Fee | $100/mo | $300/month Nat'l+1%local |
| Year Founded | 1995 | - |
| Year Franchised | 1999 | - |
| Term Of Agreement | 5 years | 5 years +5+5 |
| Term Of Agreement | 5 years | 5 years +5+5 |
| Renewal Fee | 20% of current franchise fee | - |
Business Experience Requirements |
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| Experience | You don't need to have specific experience in the candy and confections business to become a franchise owner with Chocolate Works. We look for people who have a passion for our products, and who have some retail experience and/or customer service skills. We also prefer franchise owners who will be directly involved in the operations and growth of their Chocolate Works franchises. In turn, we'll provide the support franchisees need to run their Chocolate Works business. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
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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 | - |
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 Chocolate Works
There are a lot of reasons to own a Chocolate Works franchise. Have fun, create smiles, and build wealth are a few reasons. Others include that Chocolate Works is a business model with few employees, high margin products, smiling customers and no receivables.Chocolate Works offers 3 revenue streams under one roof: Retail chocolate and candy sales: Rows and bins of colorful, delectable treats keep customers of all types coming back for more goodies. Ice cream and coffee add to the appeal! Special chocolate events: From birthday parties, candy-making workshops, to ladies' nights out, and more - with Chocolate Works, the fun gets even sweeter! Commercial chocolate gifts: Custom chocolate logos and other branded specialties give your commercial clients a special way to promote their brands and thank their own customers. Flexible Designs: Meet your customer's demands with your own specialty gourmet chocolate venue. Our locations are designed to be flexible, featuring retail display cases, workshop areas, and party rooms. They can work in a variety of retail settings and sizes, and inventory can be adjusted with product selections that cater to local tastes, as well as the franchise owner's preference for manufacturing their chocolate creations in-house or ordering final products from our corporate production facilities. As a Chocolate Works franchise owner, you can offer a wide variety of specialty gourmet chocolate and other unique products to new and repeat customers alike, both retail and commercial. It's an appealing, multi-faceted business that gives franchise owners multiple ways to impact the bottom line. And, of course, as a franchise owner, you can do it all with confidence, knowing you are supported by a team of experienced professionals Make a Sweet Dream Come True. Find out how you can join the Chocolate Works gourmet candy franchise program.