Schakolad Chocolate Factory
Yes, we actively support the inclusion and development of minority-owned franchises in the Schakolad Chocolate Factory system.
Schakolad Chocolate Factory
5966 Lakehurst Dr.
Orlando, FL 32819
800#:
Tel: (407) 248-6400
Fax: (407) 248-1466
E-mail: franchise@schakolad.com
Web Site: www.schakolad.com
Contact: Mr. Edgar Schaked, President
Hand-made, fine chocolates made on premises for customers to watch. Over 30 years experience in chocolate making. Our goal is to become the premiere high quality chocolatier in the U.S. and international markets.
Franchisor Background
Established: 1995
First Franchise: 1999
Franchise Units: 33
Company-Owned Units: 0
Total Units: 33
Distribution:
> North America -- Operations in 12 States
> States/Provinces with Greatest Density: 4 in FL, 2 in VA, 1 in GA
Units Owned by Minorities:
>African-American: 1
>Hispanic: 3
>Asian-American: 1
>Native American:
>Other: 9 Women
Average Number of Employees: 3 FT (FT = Full Time, PT = Part Time)
Space Needs: 800-1,400 SF; SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $110-150K
Total Investment: $110-150K
Average Total Investment: $130K
Minimum Net Worth: $200K
Fees
>Franchise: $30K
>Average Franchise Fee: $30K
>Royalty: 4%
>Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5/5/5
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 2
On-Going Support: C,D,E (for an explanation click here)
Training: 1-2 Weeks in Orlando, FL.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: East of TX, Exc. ND and SD
Note: NR = No Response by Franchisor.
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