Crumbl Cookies Franchise – Costs, Fees & Earning Stats
Net Worth Requirement:
Units in Operation:
$347,666 - 691,783
Crumbl Cookies is a gourmet cookie company that was founded in Utah in 2017 by Jason McGowan & Sawyer Hemsley. The company started with just one location in Logan, Utah as a gourmet cookie shop and has since expanded to many more locations around the US.
Crumbl Cookies is known for its delicious gourmet cookies and a wide variety of flavors, which change weekly, as well as its made-to-order cookies.
In this article, we will take a look at the Crumbl Cookies franchise opportunity. We will discuss the company’s history, franchising fees, and earnings potential.
Is Crumbl Cookies a franchise or chain?
Crumbl Cookies is a franchise of gourmet cookie shops and has locations in several states. It’s a relatively new company that has quickly gained popularity for its gourmet cookies.
Each Crumbl Cookie franchise location is independently owned and operated, but they all adhere to the same high standards for quality and customer service. As a result, customers can expect the same delicious cookies and friendly service regardless of which Crumbl Cookies they visit.
The company is known for its weekly rotating menu and chocolate chip cookies. In addition to its brick-and-mortar locations, Crumbl Cookies also offers delivery, online ordering, and catering.
How many Crumbl Cookies franchises are there?
Crumbl Cookies first began in Utah in 2017, and it has since grown to become one of the most popular cookie brands in the country with 552 locations in 42 states. Crumbl started franchising in 2018 and has plans to continue opening up new locations.
In addition to its physical locations, Crumbl Cookies also offers a delivery service, so even if there isn’t a store near you, you can still enjoy fresh-baked cookies anytime you crave them. Whether you’re in the mood for a classic chocolate chip cookie or something more adventurous like fried ice cream or cotton candy, Crumbl Cookies has something for everyone.
Is Crumbl the fastest-growing franchise?
While Crumbl Cookies is certainly one of the fastest-growing franchises in the country, it is not clear if it is the fastest-growing franchise. This title is typically given to companies with a higher rate of growth, such as those in the tech industry.
However, when compared to other businesses in the food industry, Crumbl’s growth rate is impressive. In just three years, the company has grown exponentially, and it shows no signs of slowing down. Given its rapid expansion, it is safe to say that Crumbl is one of the fastest-growing franchises in the country.
Crumbl is a food and beverage franchise specializing in chocolate chip cookies. The franchise has been incredibly successful. With its unique product offering and aggressive expansion strategy, Crumbl is poised to become one of the largest gourmet cookie franchises in the country.
How much does a Crumbl Cookies franchise cost?
The cost of a Crumbl franchise varies depending on a number of factors, including the size and location of the franchise. A Crumbl Cookies Franchise can cost anywhere from $347,666 – 691,783.
This initial investment includes access to Crumbl’s proven business model, marketing materials, and ongoing support from the corporate team and also includes the cost of leasehold improvements, equipment, inventory, and working capital. Additionally, you will need to have access to at least $150,000 in liquid capital in order to qualify for a franchise.
Franchises typically generate revenue through the sale of products, as well as through royalties and other franchise fees paid by franchisees to the franchisor. Royalties are typically a percentage of sales and are generally paid monthly. In addition to the initial investment, there is an 8% royalty fee on gross sales and also a 2% brand fund fee on gross sales.
What is the Crumbl Cookies franchise fee?
Crumbl Cookies is a gourmet cookie company that offers a wide variety of flavors and textures. While the founders were searching for the best chocolate chip cookie, they wasted thousands of dollars trying to get it right. They obviously did get it right and now they have many locations throughout the country.
The initial franchise fee is $50,000, which includes being able to use the company’s name and logo.
What makes Crumbl Cookies unique is the open concept where customers can observe employees in the scooped cookie dough bar and where they make all the cookies. With a proven business model, Crumbl Cookies is a great opportunity for entrepreneurs who are passionate about baking.
How much does a Crumbl Cookies franchise owner make?
Here is the financial data from 115 Crumbl franchise owners in 2021 with a territory size of 40,000-125,000 people.
The store with the highest revenue did $3,639,139 in sales while the store with the lowest revenue did $734,278 in sales with the average revenue of all stores being $1,687,731.
The store with the highest net profit did $618,102 with the lowest new profit being $33,260 in sales. The average net profit for the 115 locations was $357,512.
The Wolf’s Take 🍟
Net income of $357,000+ off of at most a $691,000 investment is incredibly strong for a food concept!
This franchise has had absolutely monstrous growth since it was founded in 2017. It was announced via Twitter as well, that in 2022 they were going to do over $1 billion in total revenue:
Crumbl is truly an exceptional franchise – they have a great founding story, and if they truly do have the world’s greatest chocolate chip cookie…then it’s no wonder they’ve grown so quickly!
The Crumbl Cookies franchise is a great opportunity for entrepreneurs who are passionate about baking and selling baked goods. Of course, actual results will vary depending on factors such as location and management style.
This is not investment advice. As always, do your own research and your own due diligence before investing and realize any investment may go to zero. Crumbl Cookies is a rapidly expanding brand and is definitely a franchise worth considering.