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THE 16 HANDLES BRAND IS IN HIGH DEMAND
We've blazed the trail, optimized the operations and connected with the customer. With an award-winning designer, we've created a one of a kind in-store experience. The 16 Handles brand is cross-generational with a focus on the creative expression of dessert: your way. Utilizing the Internet and social media, 16 Handles emphasizes two-way communication with its customers to maintain brand loyalty and to keep up with evolving consumer trends. It has made us the preferred frozen yogurt shop in our markets. It takes a proven operating system and a strong brand to become the best in a market as competitive as New York. Isn't it time you joined the best? We're looking for impassioned self-starters to open their own 16 Handles franchise. Single, multi-unit and area development opportunities are now available both domestically and internationally.
WHAT DOES IT COST TO FRANCHISE A 16 HANDLES STORE?
Typical Startup Cost: $450,000 - $650,000 (includes $30,000 franchise fee due upon signing)
*Costs vary depending on the size, location, and existing condition of a store
WHAT PERCENTAGE OF MY EARNINGS GOES TO 16 HANDLES?
Royalties: 6% of gross sales
Marketing/Brand Development fee: 2% of gross sales
WHAT ARE THE FINANCIAL REQUIREMENTS OF AN APPROVED FRANCHISEE?
Liquid Assets: $500,000; Minimum Net Worth of $750,000
WHAT IS THE RECOMMENDED SIZE FOR A 16 HANDLES STORE?
Between 1,200 - 1,800 sq. ft. with additional 200 sq. ft. for storage depending on store
HOW LONG WILL IT TAKE TO OPEN A 16 HANDLES STORE?
Once a location is secured with a signed lease and a construction permit is issued, the buildout period takes between 8 to 12 weeks.
HOW DO I GET SUPPLIES?
16 Handles distribution network supplies all necessary product/material support.
HOW WILL MY STORE PERFORM FINANCIALLY?
In accordance with Franchise Law, we cannot make any earnings claims or assumptions.
WHAT KIND OF SUPPORT WILL I RECEIVE?
16 Handles provides very hands-on support from the site selection process to the grand opening and beyond. As a 16 Handles franchisee, you are truly a partner and will work closely with the franchising team including the founders of the company. During the site selection process, we will work together to understand the local market and to determine the best location for your 16 Handles store. We will then get our design & architect team to create the optimal store layout. You and your managers will then receive training at our corporate location for up to two weeks and receive pre-opening assistance at your own location. You will also have access to all 16 Handles' trademarks, approved suppliers and our exclusive operational tools including our operations manual.
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