If you want to learn more about opportunities for this and new franchises, you can do it by filling out this form: www.vettedbiz.com/franchise-specialist/
Thanks for doing this. You confirmed it would be a good business investment in terms of ROI, which I appreciate. However, I am more thankful that you also included impact on the community's health. Both are important factors to consider.
I first visited a Crumbl Cookie store in Northeast Phoenix, by the North Scottsdale border (the one off of Bell Rd.), and I fell in love 🥰 with their cookies! I think this cookie store makes very good business, however sugar is a killer! Sugar is my weakness and I know I need to stay away but it would be so cool to open up my own Crumbl
I’m from Logan, UT where Crumbl started. I remember when they opened in 2017 and it was like okay, a cookie shop.. and they had a competitor in town, both Utah State University student start up businesses. One ended up closing and needless to say Crumbl is still here. I moved away in 2019 and Covid hit and I guess their TikTok videos during the pandemic are a big driver of this explosion of growth they’ve had. It’s really cool to see some local kids doing this well. 👏🏻 😎
I would probably steer clear from Crumble. One of them just popped up where I live near so I decided to visit. I tried the 4 pack since I had a coupon which brought the price down a bit but still expensive in my eyes. I can't see paying $4 a cookie that seems extreme to me for cookie. They taste good but I have had better cookies from local bakeries. I think this franchise is a fad and just like cupcake franchises years ago. Most of them have gone out of business. I can imagine some of the retail location the owner pays a good amount in rent. They will need to up their offerings in the near future to stick around. I think the cookie fad will come and go just like cupcakes and Krispy Kreme.
Great question! I would speak to a few Crumbl franchisees. Generally for cookie franchises, 20-30% of gross revenue goes to pay employees. This will depend on the business, location and how it is managed.
If you want to learn more about opportunities for this and new franchises, you can do it by filling out this form: www.vettedbiz.com/franchise-specialist/
Thanks for doing this. You confirmed it would be a good business investment in terms of ROI, which I appreciate. However, I am more thankful that you also included impact on the community's health. Both are important factors to consider.
Thanks for the feedback. "Money isn't everything"
I think I’d rather make money from cookies than ripping off old people 😂
I first visited a Crumbl Cookie store in Northeast Phoenix, by the North Scottsdale border (the one off of Bell Rd.), and I fell in love 🥰 with their cookies! I think this cookie store makes very good business, however sugar is a killer! Sugar is my weakness and I know I need to stay away but it would be so cool to open up my own Crumbl
Yeah. I am cutting back on my sugar. I personally think crumbl is a fad
I’m from Logan, UT where Crumbl started. I remember when they opened in 2017 and it was like okay, a cookie shop.. and they had a competitor in town, both Utah State University student start up businesses. One ended up closing and needless to say Crumbl is still here. I moved away in 2019 and Covid hit and I guess their TikTok videos during the pandemic are a big driver of this explosion of growth they’ve had. It’s really cool to see some local kids doing this well. 👏🏻 😎
Wow, pretty cool you were witness to it in the beginning
Thank you this helped me with my business and marketing class!
Glad it helped!
Could you do an update on this one to see how they’re tracking and if it’s still as good? Also if the visa status has changed.
Here you go :)
th-cam.com/video/aPwn8QCvoHs/w-d-xo.html
Can I make over 6k a month profit after everything like rent and labor and all other costs ?
These cookies are amazing.
For sure!
I would probably steer clear from Crumble. One of them just popped up where I live near so I decided to visit. I tried the 4 pack since I had a coupon which brought the price down a bit but still expensive in my eyes. I can't see paying $4 a cookie that seems extreme to me for cookie. They taste good but I have had better cookies from local bakeries. I think this franchise is a fad and just like cupcake franchises years ago. Most of them have gone out of business. I can imagine some of the retail location the owner pays a good amount in rent. They will need to up their offerings in the near future to stick around. I think the cookie fad will come and go just like cupcakes and Krispy Kreme.
Good points, let's see how they handle the recession
Its gonna crumbl
I have heard they have an additional service fee. It is shown on the receipt. Do you have any info on it? Is it to help cover their franchise fees?
Here you can find all the information about Crumbl. We invite you to click on the following link www.vettedbiz.com/listing/crumbl/
@@Vettedbiz Thank you.
so if a crumbl franchisee were to sell their store how much would they ideally be able to sell their location for?
3-4 times the annual earnings. If you earn $200,000 a year from the franchise, you could expect to sell it for $600,000 to $800,000.
Great info! But I was wondering how much of the gross revenue goes to pay employees on average.
Great question! I would speak to a few Crumbl franchisees. Generally for cookie franchises, 20-30% of gross revenue goes to pay employees. This will depend on the business, location and how it is managed.
impordant expenses
The royalty fee is 8%. Is that concerning?
For most franchises yes. But with $1.5M AUV, there should be $250k+ left over for earnings for the franchise with just one location.
I am not a fan or these fad businesses. I would always have to worry about when to sell before it goes down. Look at what happened to frozen yogurt
Let's see if the past the test of time!
Not worth it. They are very expensive & taste off like playdough.
What about other cookie franchises?