0/10

Franchimp Summary Rating

0 /10
Higher than 100% of peers

Franchise Summary

Description
The franchise offered is for the operation of a PANDORA retail store ("Store") which will sell a unique line of custom jewelry. We also offer to qualified entities the right to develop multiple PANDORA Stores under the terms of a Multi-Unit Development Agreement
Company Background
Pandora is a company that sells personalized jewelry. The company offers franchises for the operation of Pandora retail stores which sell a unique line of custom jewelry.
Franchise Opportunity
There are many retail stores that sell custom jewelry, but none of them offer the Pandora experience. Our customers love our high quality products and personalized service, which is why we have grown so quickly over the past few years. We need to open new stores faster than ever before to meet growing demand from existing and new customers. You can help us grow by becoming a franchise owner for one of our newest store locations! This opportunity will allow you to own your own business while working with an established brand name in the industry. It's never been easier or more profitable to start your own small business!
Corporate Structure
Pandora Franchising, LLC is a Maryland limited liability company that was formed on October 2, 2009. Their business address is 250 West Pratt Street. Baltimore, Maryland 21201. They have offered PANDORA franchises since January 2010.

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Pandora Franchisees

Pandora Franchise System Development in 2022

FAQ

How much investment do I need to start my own Pandora business?
Franchisees typically require at least $1 to $2 investment to get their Pandora business started
What are the initial franchise fees for Pandora?
Franchisees typically need to pay at least $809 in fees directly to Pandora in order to earn the right to launch their business
How much money can I make with a Pandora franchise? What are the average revenues for a typical Pandora business?
We haven’t done the math on how much revenue a typical Pandora brings in each year. We estimate that other franchisees in the Retail industry generate $1,153,118 revenue, so we would expect Pandora to generate a similar amount
How long do I need to commit to running a Pandora unit? What is my contractual commitment?
Pandora franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

0 /10
The Franchisor's investment costs ranges from $1,330,000 to $2,116,000 which is Much Higher than the $0 to $0 average in the Clothing & Accessories industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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