What are the qualifications I need to become a successful Zoup! franchisee?
The best candidates will have an entrepreneurial spirit and passion for our Zoup!isms culture. Candidates also should have strong leadership skills as well as the ability and desire to motivate and train employees.
What investment is required?
Single UnitNet Worth: $350,000 Liquidity: $130,000 before financing.Initial Investment: $355,900 - $648,500.Multiple UnitNet Worth: $700,000 Liquidity: $300,000 before financing.Initial Investment: $355,900 - $648,500 per unit.
The fee for an initial single franchise location is $39,900. There is also an Area Development program for multiple locations. For each additional location there is a $20,000 per unit fee.
How much money can I expect to make?
Profitability varies depending upon a number of factors, including: sales; labor and food costs; location; occupancy; and operating costs. Also, on your ability to manage and lead the business. In our FDD (Franchise Disclosure Document) you will receive average sales figures for current Zoup! locations. Food and labor costs for the corporate-owned and operated Zoup! locations also are included.
Will Zoup! provide a location or help me identify one?
Zoup! will direct you to an approved real estate broker who is familiar with your market. You and the broker will explore the market and do an analysis of the best sites using tools provided for your site selection process. You will submit your favorite sites for approval and our team will review the locations to determine whether they meet Zoup! standards.
Who will design and build my units?
The Zoup! in-house design team will lay out your store and work with our national architect to create a detailed set of plans. The plans are then sent out to bid by local contractors of your choice.
Once I am awarded a Zoup! franchise, how long does it take to open?
The most valuable time period is selecting a site and negotiating a lease. Once in possession, build out averages 4-6 months.
Does Zoup! provide all food products to its franchisees?
Zoup! has exclusive distribution contracted for its products and will help arrange for additional distribution as necessary.
What royalty does Zoup! charge?
Zoup!'s weekly royalty is 6% of gross sales, which covers support infrastructure, training, and routine visits to your store.
Is there a marketing/advertising fee?
Your contribution to the National Brand Fund is 1% of gross sales paid on a weekly basis. In addition, you are required to pay .5% of gross sales into the Customer Service Support Fee.
To learn more about Zoup! franchise opportunities, please submit the information below. We will contact you to review your information and discuss next steps.