It’s vital to remember that these expenses will change based on the franchise’s size and location. Naturally, the start-up costs for larger franchisees in more populated locations will be higher. Franchisees must also continue to pay Handles continuing royalties and advertising costs, which are often calculated as a proportion of their sales.
As franchisee revenue will rely on a number of variables, including the location of the franchise, local competition, and the success of the franchisee’s marketing initiatives, there is no guaranteed solution to this question. Franchise Chatter claims that Handles franchisees may instead bring in $300,000 to $700,000 per year in revenue, with a profit margin of 15% to 25%. How Many Handles Locations Are There With Regard To This? As of 2021, Handles had about 30 locations across the US, with the Northeast hosting the majority of its franchises. They do, however, have future ambitions to spread out to other parts of the nation.
Frozen yogurt and dessert chain Handles has a huge selection of flavors and toppings. They are renowned for its self-serve system, which lets consumers make their own special dessert concoctions. Additionally, Handles provides a catering service for events and parties as well as a rewards program for regular clients. Why Is It Called 16 Handles, Anyway?
“16 Handles” refers to the 16 frozen yogurt varieties that were initially provided when the business was established in 2008. But over 50 flavors have already been introduced, and more are being added on a daily basis.
To sum up, opening a Handles franchise can be a profitable and satisfying business venture, but before committing, it’s crucial to carefully weigh the start-up costs and continuing expenses. Handles has the potential to be a successful franchise for the appropriate entrepreneur thanks to its strong brand and track record of success in the frozen dessert market.
There is a franchise for 16 Handles.