KEY FRANCHISE STATS
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$525,000
Rocky Mountain Chocolate Factory, a distinguished name in the confectionery sector, is celebrated for its extensive range of high-quality chocolates and sweets. Established in 1981 in the charming town of Durango, Colorado, the company has seen substantial growth over the decades.
The brand boasts an impressive product line, offering around 300 varieties of chocolate candies and other confections. Their selection includes clusters, caramels, creams, meltaways, truffles, and molded chocolates, all crafted in a 53,000-square-foot production facility. This dedication to quality and diversity has allowed Rocky Mountain Chocolate Factory to establish a strong presence in the confectionery market.
The company's remarkable journey from a single store to an international franchise highlights its commitment to excellence and innovation. Publicly traded on the NASDAQ exchange under the symbol "RMCF" since 1985, Rocky Mountain Chocolate Factory has solidified its market position.
In a recent development, the brand opted to simplify its name in 2023 by removing "factory," rebranding itself as Rocky Mountain Chocolate. This change underscores a return to its foundational values and core identity.
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Rocky Mountain Chocolate Factory offers 2 types of franchises:
We are summarizing below the main costs associated with opening a single full-sized Rocky Mountain Chocolate Factory franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Below are some of
Rocky Mountain Chocolate Factory
key competitors in the
Baked Goods
sector.
155
4% to 6%
$104,000
-
$530,000
$525,000
n.a.
$xxx,xxx
n.a.
n.a.
The franchisor offers an extensive initial training program for new franchisees, encompassing critical aspects of running a Rocky Mountain Chocolate store. This program includes:
Initial Training Program
Up to three individuals from the franchisee's team can participate in the training at no cost. Conducted at the franchisor's designated facilities or other specified locations, the training may also include webinars or remote sessions if necessary. The goal is to provide franchisees with the necessary knowledge and skills for successful store management. Franchisees are responsible for their travel and living expenses during the training.
Length of Training
The initial training spans 7 days. The franchisor may adjust the schedule or waive parts of the program if the franchisee or their general manager has adequate prior experience or training.
Additional Training
The franchisor occasionally offers seminars, conventions, and ongoing development programs. Attendance at mandatory events is required, with at least 30 days' notice provided. While there is no fee for mandatory training, franchisees must cover their travel and living expenses.
The franchisor offers franchisees a Protected Territory to ensure exclusive operational rights within a specified area. Here are the key details:
Before finalizing the agreement, the franchisor will designate a specific geographic area around the store premises as the Protected Territory. The size and boundaries of this territory are determined solely by the franchisor's discretion.
As long as the franchisee adheres to the agreement terms, the franchisor and its affiliates will not operate or grant a franchise for another store within this Protected Territory during the agreement's duration.
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2023
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