CANTON, Mass., Oct. 31, 2013 /PRNewswire/ -- Baskin-Robbins, the world's largest chain of ice cream specialty shops, is offering South Florida residents the exclusive scoop on how to own their very own Baskin-Robbins franchise. The company plans to expand its Florida footprint with more than 15 to 20 new stores projected to be developed over the next several years.
Franchising executives will host a Franchising Open House on Saturday, Nov. 9. Interested franchise candidates are welcome to stop by the Baskin-Robbins located at 4917 Sheridan Street in Hollywood, Fla., between 11:00 a.m. and 3:00 p.m. to learn about franchising opportunities in the Miami and West Palm Beach areas, as well as current development incentives available with the brand. To register for the seminar, visit http://franchisingevents.dunkinbrands.com, or for additional information, contact Tarji Carter at Tarji.Carter@dunkinbrands.com.
"Baskin-Robbins has six decades of experience refining its business system to offer a fun, rewarding new business opportunity to new franchise candidates," said Grant Benson, CFE, vice president of global franchising and business development, Dunkin' Brands. "As our brand continues to develop, we're now looking for entrepreneurs in Florida with strong financial backgrounds and a passion for their local communities to own their very own ice cream shop."
As part of the company's growth plans, new franchisees who sign a development agreement in 2013 can take advantage of current development incentives, including a 10-year initial franchise fee payment plan whereby the $25,000 fee can be amortized over 10 years. Additionally, qualified candidates who timely develop shops will be able to enjoy reduced royalty rates of .9% to 2.9% over the first five years, which is a significant reduction from the standard royalty rate of 5.9%.*
Baskin-Robbins has also introduced special incentives to help make business ownership a reality for U.S. military servicemen and women. For honorably discharged military veterans, the brand will waive the 20-year initial franchisee fee and offer a zero percent royalty rate for the first two years and reduced royalty rate years three through five.* This special veteran offer is for new franchisees only who sign an agreement in 2013 and timely develop shops.
Baskin-Robbins combines delicious treats with a simple operating model. Franchisees enjoy convenient hours of operation, minimal equipment and little product waste. They also benefit from award-winning training programs and comprehensive operating systems designed to help build business.
Baskin-Robbins was founded in 1945 by two ice cream enthusiasts who shared a dream to create an innovative ice cream store that would be a neighborhood gathering place for families. Today, over 300 million people visit Baskin-Robbins each year to sample from the more than 1,000 flavor creations available in its ice cream library, as well as enjoy its full array of frozen treats including ice cream cakes, frozen beverages and sundaes.
* For details, please see the Baskin-Robbins Franchise Disclosure Document.
Named the top ice cream and frozen dessert franchise in the United States by Entrepreneur magazine's 31st annual Franchise 500® ranking, Baskin-Robbins is the world's largest chain of ice cream specialty shops. Baskin-Robbins creates and markets innovative, premium hard scoop ice cream and soft serve, custom ice cream cakes and a full range of beverages, providing quality and value to consumers at more than 7,000 retail shops in nearly 50 countries. Baskin-Robbins was founded in 1945 by two ice cream enthusiasts whose passion led to the creation of more than 1,000 ice cream flavors and a wide variety of delicious treats. In 2012, more than 13 million ice cream cakes were sold in Baskin-Robbins shops worldwide. For the full-year 2012, Baskin-Robbins' shops had global franchisee-reported sales of approximately $1.9 billion. Headquartered in Canton, Mass., Baskin-Robbins is part of the Dunkin' Brands Group, Inc. (Nasdaq: DNKN) family of companies. For further information, visit www.BaskinRobbins.com.
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