FAQ
FAQ
FAQ
FAQ
FAQ
FREQUENTLY ASKED QUESTIONS
What are the financial requirements to open a Fat Cupcake?
A.
We require a net worth of $500,000 and $150,000 in liquid capital.
What is the continuing royalty fee?
A.
Our royalty fee is 6% of gross revenue.
What is the franchise fee cost?
A.
Our franchise fee is $30,000.
What is the approximate cost to open a Fat Cupcake?
A.
The investment range to open a Fat Cupcake is between $266,900 to $411,550.
What is the term of the agreement?
A.
The term of our agreement is 10 years with two additional 5-year successor terms.
Do I get to select my shop's location?
A.
While it is your responsibility to choose a site, we will assist you through the site selection process. We also maintain the right to have the final say on your chosen location.
After signing an agreement, how much time do I have to build out my shop?
A.
It will take 4 to 5 months from signing the FDD to grand opening day.
Is baking experience required?
A.
No baking or decorating experience is required. We will teach you what you need to know; however, it is recommended you hire a decorator that has previous experience decorating cakes.
Is a list of equipment and ingredients provided?
A.
We provide you a list of equipment specifications as well as ingredients needed so you will be fully prepared.
How long does the initial training program last?
A.
We provide a three-week training that encompasses management, baking and decorating, so you will be well versed on running the different aspects of your franchise.
Do you provide on-site training?
A.
You will have a trainer working with you and your team in preparation to open a couple days prior and a few days after your grand opening.
How many employees do I need?
A.
The number of employees you need will be dependent on the size and location of your franchise. We recommend between 10 to 20 employees.
Can I make additions to the menu and adjust recipes?
A.
Our menus and recipes are to be followed precisely with no changes or adjustments. We believe in the power of creativity and working together. If you have an idea or recommendation, we ask you submit it through the proper channel to our corporate office for consideration.
How much money can I make with a Fat Cupcake franchise?
A.
We cannot provide you with any specifics for estimated sale projections due to various state franchise regulations, as well as Federal Trade Restrictions. We have however, created tested methods that work, and the sales growth of each franchise is directly related to the personal commitment, determination and work ethic of each operator.
As a Veteran, am I the right fit for Fat Cupcake?
A.
Absolutely! Veterans are a great fit for the Fat Cupcake model as they have already shown they follow systems thoroughly, work diligently, understand the purpose behind methods, organize tasks, are goal oriented and community minded. No prior baking experience is necessary due to our comprehensive training.
I have never owned a business before. How do I know where to start?
A.
That's not a problem! As soon as you sign our FDD, we provide guidance each step of the way.