Rocky Mountain Chocolate Factory is offering franchises for the retail sale of gourmet chocolate and other premium confectionery products
Corporate Structure
Rocky Mountain Chocolate Factory, Inc was formed on November 30, 1982, as a Colorado corporation. Their principal offices are located at 265 Turner Drive, Durango, Colorado 81303.
Earnings Transparency
7 /10
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. Retail Food Industry
$555,552 / unit
Franchise Type: Standard
Average Revenue During 2021
$555,552
$485,562 Industry Low
$7,032,770 Industry High
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 3% in the Retail Food industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
#
Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Rocky Mountain Chocolate Factory Franchisees
Rocky Mountain Chocolate Factory Franchise System Development in 2021
FAQ
How much investment do I need to start my own Rocky Mountain Chocolate Factory business?
Franchisees typically require at least
$104,496 to
$527,379 investment to get their
Rocky Mountain Chocolate Factory business started
What are the initial franchise fees for Rocky Mountain Chocolate Factory?
Franchisees typically need to pay at least
$13,138 in fees directly to
Rocky Mountain Chocolate Factory in order to earn the right to launch their business
How much money can I make with a Rocky Mountain Chocolate Factory franchise? What are
the average revenues for a typical Rocky Mountain Chocolate Factory business?
We estimate that the average revenue of an individual
Rocky Mountain Chocolate Factory unit is approximately
$555,552. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Rocky Mountain Chocolate Factory unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
7 /10
The Franchisor's investment costs ranges from
$202,272 to $527,379
which is
Much Lower
than the $433,675 to $989,553 average in the Retail Food 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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