Q. What type of franchise is available?
A. The franchise offered is for the establishment and operation of a business that offers over 40 varieties of delicious donuts, including hot-glazed donuts 24 hours a day, along with slider hamburgers, as well as plain and seasoned French fries and a variety of beverages in a classic 1950s’ diner theme.
Q. How much does the franchise cost?
A. The estimated initial investment necessary to begin operations of a Mr. Ronnie’s Famous Hot Donuts franchise is $538,300 to $725,000 (not applicable for freestanding building).
Q. What is Mr. Ronnie’s Famous Hot Donuts Franchise Fee?
A. Mr. Ronnie’ Famous Hot Donuts charges a $35,000.00 franchise fee and an additional $7500.00 one time consulting fee up front for a grand total of $42,500.00 dollars at the time of signing a franchise agreement. (Both fees Non-Refundable)
Q. How much is the fee for continuing support services?
A. The continuing services or “royalty fee,” is 5% of your gross sales and is paid weekly. This fee entitles you to use the “Mr. Ronnie’s Famous Hot Donuts» service mark, use of distinctive system, marketing assistance, ongoing business development, and other benefits that come with being a Mr. Ronnie’s Famous Hot Donuts franchise.
Q. Will I have an exclusive territory?
A. Mr. Ronnie’s Franchising L.L.C. does not grant you an exclusive territory. However, we do grant you an “Area of Primary Responsibility” (for marketing parameters only).
Q. What about advertising?
A. The Mr. Ronnie’s Famous Hot Donuts name and reputation is an important part of our business. You will spend a minimum of $5,000 on grand-opening advertising during the first three months of
operations. In addition, you will be expected to make Marketing Fund contributions of2% of your weekly gross sales.
Q. How much training is provided?
A. The initial training covers all material aspects of the operation of a Mr. Ronnie’s Famous Hot Donuts franchise and is comprised of classroom and on-the-job training.
Q. What is the term of the Franchise Agreement?
A. The initial term of the Franchise Agreement is five years from the date the Franchise Agreement is signed. The franchise is renewable for three successive terms of five years each, providing you have complied with the provisions of the Franchise Agreement.
Q. What is my next step?
A. Complete the Confidential Franchise Evaluation Form and return it to us. If you have any questions, please visit us at www.mrronnies.com. We look forward to speaking with you.