DIPPIN’ DOTS Franchise Startup Cost, Revenue and Profit Margin
Have you been dreaming lately of operating an ice cream outlet of your own in your city? Dippin’ Dots is an American based ice cream franchise. The Dippin’ Dots franchise is quite a popular ice cream brand in the United States of America.
In this article, we are going to look at the history of Dippin’ Dots and when it started franchising. We are also going to look at the franchise cost and franchise fee that Dippin’ Dots franchisees are required to pay. We will also be taking a look at the terms of the franchise agreement and available agreement renewal for franchisees.
We will also be giving you adequate information on the training and support that Dippin’ Dots provides for its franchisees. In concluding this article, we will tell you how to open a Dippin’ Dots franchise and how to reach the company.
Is Dippin’ Dots a Franchise?
Dippin’ Dots is a popular ice cream franchise. Dippin’ Dots started 30 years ago in 1988. Dippin’ Dots was founded by a research biotechnologist by the name Curt Jones.
Curt Jones developed his ice cream through processes known as cryogenic freezing processes. Through this, Dippin’ Dots became the first ice cream brand to use flash-freezing to maintain the freshness of its ice cream products. The company is registered as Dippin’ Dots franchising LLC with its headquarter in Paducah, Kentucky in the United States of America. Paducah is located in the McCracken County in Kentucky, located right at the heart of Tennessee and the Ohio rivers in the U.S. Dippin’ Dots started franchising 19 years ago in 1999, 11 years after it was founded in 1988. The current Chief Executive Officer (CEO) of the company is Michael Barrette.
The primary product offered at Dippin’ Dots is ice cream. Other products that can be found at Dippin’ Dots include sorbet and frozen yogurt. The corporate address of Dippin’ Dots is located at 2775 W. Park Dr. Paducah, KY 42001.
Dippin’ Dots has more than 215 franchise locations. As a company, Dippin’ Dots enjoys more than 25 years of brand loyalty from customers across the United States. The brand also enjoys brand exposure through Food Networks and Travel Channels.
On the menu at a Dippin’ Dots franchise, expect to see such products as assorted drinks, including iced drinks, cakes, and shakes. The majority of Dippin’ Dots loyal customers come from amongst children and young adults.
How Much Does Dippin’ Dots Franchise Cost?
A Dippin’ Dots franchisee is required to pay a franchise fee of $15,000 (U.S. dollar). Dippin’ Dots franchisees are also expected to show a liquid asset of $80,000 (U.S. dollar).
Dippin’ Dots Franchise Fee
Dippin’ Dots accepts a franchise fee of $15,000 from its franchisees. Dippin’ Dots franchisees are also required to pay other fees which includes up to 6% royalty fee and up to 2% advertising fee.
Dippin’ Dots Franchise Startup Cost
Entrepreneurs seeking to take advantage of the Dippin’ Dots franchise opportunities should expect to spend a total startup cost low of $112,204 (U.S dollar) and a Startup cost high of 4366,950 (U.S dollar).
Dippin’ Dots Franchise Training and Supports
Dippin’ Dots offers training and supports to its franchisees to ensure their success. Dippin’ Dots offers 4 days training for its franchisees. On each of the 4 days, the training is expected to last a minimum of 7 hours daily. The training is basically centered on basic management training.
The training is conducted for up to two trainees. And the trainees are required to satisfactorily pass the training assessment after the training. The supports which Dippin’ Dots provides for its franchisees include;
- Dippin’ Dots supports its franchisees with a grand opening.
- Dippin’ Dots supports its franchisees by providing a toll-free line for support.
- Dippin’ Dots supports its franchisees with advertising.
- Dippin’ Dots supports its franchisees with site selection for their franchise locations.
- Dippin’ Dots provides SEO support for its franchisees.
- Dippin’ Dots supports its franchisees with marketing for their franchise business.
Dippin’ Dots Franchise Application and Terms of Agreement
The initial franchise agreement at Dippin’ Dots has a length of 5 years. This franchise agreement can be renewed for an additional 5 years. The franchise agreement can actually be renewed for 2 consecutive terms of 5 years each if the franchisee meets the set criteria by Dippin’ Dots.
How Much Does a Dippin’ Dots Franchise Make?
The amount of money that a Dippin’ Dots franchise can make cannot be stated categorically. The amount of money that a Dippin’ Dots franchise can make is dependent on the location of the franchise. But the franchisee stands in a good position to make money with the franchise due to the brand loyalty which Dippin’ Dots enjoys.
How to Open a Dippin’ Dots Franchise
To open a Dippin’ Dots franchise, the franchisee should visit Dippin’ Dots on its website at www.dippindots.com to download and fill out the franchise request form. The completed franchise request form can be sent to the company by fax on 270-575-6997. Dippin’ Dots can also be reached by phone at (270) 575-6990 or fax, at (270) 575-6997. For international inquiries, the company can be contacted at (270) 443-8994.