Milkshake Factory FDD – Franchise Information, Costs and Fees
Type of Business
The franchisees own and operate facilities offering handspun milkshakes, gourmet chocolates, craft sundaes and related products.
Corporate Information
Milkshake Factory Franchise, LLC is a Delaware limited liability company formed on December 29, 2022. Their principal business address is 106 E. Liberty Street, Suite 310, Ann Arbor, Michigan 48104. They commenced offering franchises in May 2023.
Investment
The total investment necessary to begin operation of a Shop ranges from $476,705 to $739,508, which includes $68,500 that must be paid to the franchisor or its affiliates prior to opening. They also grant qualified parties that right to open and operate multiple Shops within a defined geographical area under their form of area development agreement. The total investment necessary to begin operating as a multi-unit owner will vary depending on how many Shops the franchisor grants you the right to open. the total investment to enter into an area development agreement with the franchisor to open three (3) Shops ranges from $551,705 to $814,508, which includes: (i) a $135,000 development fee that is paid to the franchisor; and (ii) the initial investment to open and commence operations of an initial Shop within your development area. The Development Fee is calculated as follows: (i) $45,000 per Franchised Business if they award you the right to develop between three (3) and five (5) Franchised Businesses; (ii) $40,000 per Franchised Business if they award you the right to develop between six (6) and nine (9) Franchised Businesses; and (iii) $35,000 per Franchised Business if they award you the right to develop 10 or more Franchised Businesses.
