Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Frozen Desserts Industry$509,690 / unit
Franchise Type: Standard
Average Revenue During 2021
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Distribution of 16 Handles Franchisees
16 Handles Franchise System Development in 2022
FAQ
How much investment do I need to start my own 16 Handles business?
Franchisees typically require at least $242 to $645 investment to get their 16 Handles business started
What are the initial franchise fees for 16 Handles?
Franchisees typically need to pay at least $30 in fees directly to 16 Handles in order to earn the right to launch their business
How much money can I make with a 16 Handles franchise? What are
the average revenues for a typical 16 Handles business?
We haven’t done the math on how much revenue a typical
16 Handles brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$509,690 revenue, so we would expect
16 Handles to generate a similar amount
How long do I need to commit to running a 16 Handles unit? What
is my contractual commitment?
16 Handles franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$242,500 to $645,000
which is
Much Higher
than the $0 to $0 average in the Frozen Desserts 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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