Yes, you read that correctly. Doughnuts. The fried doughy goodness that Americans enjoy. Statista reports that the doughnut industry is currently worth $13 billion in the U.S., with over 10,000 doughnut shops. So, what does that mean for you? It means there’s a unique opportunity to cash in on the doughnut craze by opening your doughnut franchise. But with so many options out there, which doughnut franchise should you choose? You could become a Shipley donuts franchise owner! It is a great way to get in on the action. But let’s not spoil the fun. Here are five doughnut franchises you can open.
What’s so special about the first Friday in June? It’s National Doughnut Day, of course! That tells you everything you need to know about America’s love affair with these fried dough disks. Why not celebrate the day by opening your doughnut shop? Let’s look at five of the best doughnut franchises you can buy into.
You can’t talk about doughnut franchises without mentioning the success story of Dunkin. They have been in business since 1948 and now boast over 11,300 locations! So, if you’re looking for a well-established brand to invest in, Dunkin is a great choice. But be warned, most of the states in the US. are reserved territory, meaning you can’t open a new location. Your only option is to buy an existing franchise.
To open a Dunkin franchise, you’ll need to have a net worth of at least $500,000 and liquidity of at least $250,000. The initial investment for a Dunkin franchise is between $$100,000 and $1.6 million. This startup cost varies depending on the real estate and location you choose.
Shipley Do-Nuts has been around since 1936, making it one of the oldest doughnut chains in the US. The company has over 340 locations.
Opening a Shipley franchise requires an initial investment of $450,000 – $800,000. You’ll also need to have liquidity of $200,000 and a net worth of $1,500,000. The company boasts over 60 varieties of doughnuts, so together with their robust business model, you’re sure to succeed at Shipley franchise.
Krispy Kreme is one of the most popular doughnut franchises globally, with over 1,400 locations. The company was founded way back in 1937 and has been growing steadily ever since.
To open a Krispy Kreme franchise, you’ll need to have a net worth of $2 million and liquidity of $500,000. The initial investment for a Krispy Kreme franchise is between $200,000 and $2.7 million. Krispy Kreme’s initial franchising fee will set you back $25,000.
The company offers a four-tiered franchising opportunity, so there’s sure to be an option that fits your budget and goals. The four tiers are:
Factory Store -This is a complete standalone store.
Tunnel Oven Shop – This is a smaller version of the factory store equipped with an oven to finish already prepared doughnuts from the factory store.
Fresh Shop – This is a Krispy Kreme shop that receives donuts that have been baked, cooled, and are ready for filling or icing.
Box Shop – This is a kiosk that’s stocked with pre-made, ready-to-sell Krispy Kreme doughnuts.
Cinnabon is a cinnamon rolls franchise that was founded in 1985. The company now has over 1,200 locations worldwide. Cinnabon offers three franchising opportunities, so there’s sure to be an option that fits your needs.
To open a Cinnabon franchise, you’ll need to have a net worth of $400,000 and liquidity of $120,000. The initial investment for a Cinnabon franchise is between $185,150 and $330,700.
Dixie Creme Donut Company
Dixie Creme is a doughnut franchise with 400 locations. The company has been in the business for over 80 years.
To open a Dixie Creme franchise, you’ll need to have a net worth of $350,000 and liquidity of $80,000. The initial investment for a Dixie Creme franchise is $250,000 – $350,000.
Now that you know about some of the best doughnut franchises, it’s time to decide and get started on your path to success!
If you’re looking for a doughnut franchise to invest in, there are many great options to choose from. Dunkin, Shipley Do-Nuts, Krispy Kreme, and Cinnabon are all well-established companies with strong business models. So depending on your budget and goals, there’s sure to be a doughnut franchise that’s perfect for you. Don’t forget to do your research before making any final decisions.