How to Buy a Häagen Dazs Franchise
Häagen-Dazs has stores worldwide offering ice cream, frozen yogurt and sorbets. You must meet the requirements of the parent company to become a franchise owner and the organization does set a high bar.
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Instructions
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Determine if you qualify as a potential Häagen-Dazs franchise owner. The parent cooperation requires that franchise owners have a minimum net worth of $200,000 and a cash liquidity requirement of $80,000. They also require their franchise owners to have general business experience.
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Submit a Request for Consideration to Häagen-Dazs for evaluation as a potential franchise owner. Based on a review, the parent corporation will determine whether to send you a Uniform Franchising Offering Circular and Application. The form is also on their website (see Resources below).
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Fill out and submit the Häagen-Dazs application from the parent corporation, along with verification of assets by a third party.
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If you're application is accepted, you must interview with a corporate representative at Häagen-Dazs headquarters in Minneapolis, Minnesota.
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When you learn that you passed the interview, contact a lawyer that specializes in business franchises and ask her to evaluate the development agreement issued by Häagen-Dazs relating to general interest and specific site development.
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Select a site for your Häagen-Dazs franchise and seek consent from the parent corporation for that location. The site must meet the requirements of the Häagen-Dazs Corporation. You must not violate the territory of other Häagen-Dazs franchise holders. Sign your site-specific franchise agreement after the Häagen-Dazs Corporation has approved your location.
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Show your construction plans to the Häagen-Dazs Corporation, and once they approve them, construction can begin. You cannot build any portion of your site that the company doesn't approve.
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Complete the Häagen-Dazs University 12-day course in Minneapolis, Minnesota.
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Arrange to pay your fees and other charges above your site costs and other start-up expenses. The franchise fee is $30,000, and you can expect your total investment to be approximately $87,000 to $400,000. The franchise terms are for 10 years, with a $10,000 renewal fee. You will also pay ongoing royalties of 4 percent. There may be additional fees, profit percentages and renewal fees charged by the Häagen-Dazs corporation. You can find them on the company's website.
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