In order to be considered for a Kolache Factory franchise, applicants must:
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Have significant business experience and strong management, leadership
and social skills
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Demonstrate a strong desire to succeed and be able to function as
part of a team
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Have the proven ability to manage finances, as well as employees
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Be committed to the day-to-day operations of their particular bakery (ies) (For this reason, Kolache Factory does not grant franchises to absentee owners.)
While it is not necessary to have restaurant or bakery experience, a background in the industry will be considered favorably when reviewing an application.
- Net worth requirements: $500,000
- Liquid asset requirements: $150,000
INITIAL FRANCHISEE INVESTMENT
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Franchise Fee: $35,000 (Method of payment - lump sum)
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Franchise Term: 10 years
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Building Requirements: 1,540-1,800 sq. ft.
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Estimated Initial Investment: $337,330.00 - $464,000.00*
*These are the estimated total investment costs associated with opening a Kolache Factory bakery-cafe and operating it for a 90 day period. Estimated initial investment costs can vary greatly depending upon a number of factors including bakery-cafe location and size, and the amount of leasehold improvements required.
OTHER FEES:
- Royalty Fee: 6%
- Advertising Fee: 3%
KOLACHE FACTORY SPECS REQUIREMENTS
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Kolache Factory bakery-cafes are typically located in strip shopping centers and range in size from 1,540-1,800 sq. ft.
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Market demographics are based on a minimum three mile population of 60,000, with a minimum average household income of $60,000.
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The bakery-cafes provide limited customer seating because most of our customers purchase kolaches for off-premises consumption.
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In order to ensure that Kolache Factory bakery-cafes are consistent in appearance, they must be built-out or remodeled to Kolache Factory's specifications.
Frequently Asked Questions about Kolache Factory Franchises