DonutNV - Franchise
Own the fastest-growing food truck business in the world, demonstrating 84.6%* margins!
Requirements
Financial requirements for this franchise:
Liquid Capital: | $100,000 What does Liquid Capital mean? |
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Net Worth: | $250,000 What does Net Worth mean? |
Franchise Fee: | $59,500 What does Franchise Fee mean? |
Total Investment: | $185,075 - $253,525 What does Total Investment mean? |
Options
Options available to franchisees:
Training: | Available |
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Veteran Discount: | Yes |
Franchisor Details
Facts about this franchise:
Franchise Units: | 236 |
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Home Office: | Orlando, FL |
Franchising Since: | 2018 |
What Does a DonutNV Franchise Cost?
To buy a franchise with DonutNV, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $185,075 - $253,525. DonutNV charges a franchise fee of $59,500. They also offer a discount for veterans. *
About DonutNV
DonutNV is the only 100% mobile, interactive donut food truck that’s profitable, fun to operate, and has the capability to service all types of events!9>
Thanks to the simple model we’ve developed, which includes low overhead and minimal employee requirements, our Franchise Owners are producing substantial revenue. In 2022, we showed $200,693 in Gross Sales and a $169,799 Adjusted Net Profit- an 84.6% net margin*!
As a DonutNV Owner, you can leave the corporate grind, take control of your schedule, have more fun in your life, and generate impressive financial figures while doing so. Because of this, it’s no wonder we’ve awarded over 225 franchise units in just five years!
*Refer to 2023 Franchise Disclosure Document Item 19 - Table 1
Why Choose DonutNV
Insane Net Margin Potential: With DonutNV, you not only get a fun business to help you leave the corporate world, but you also get the profits to back it up! In 2022, our Gross Sales were over $200K, with an Adjusted Net Profit after Franchise Fees over $169K. That’s an unheard-of 84.6% Net Margin!*
Event-Based Scheduling: As an event-based business, you can control your schedule and book events such as private parties, corporate events, public gatherings, festivals, and more! This means you can choose how busy you want to be and how quickly you want to scale.
100% Mobile Model & Low Overhead: Our fully mobile model is designed to save you from the high cost of renting and maintaining a brick-and-mortar restaurant space. Instead, the turnkey design of our trailers allows you to launch, hit the road, and start making money within just an hour of receiving yours!
Minimal Labor Necessary: Our simple operations and mobile model mean you only need 2-3 employees to run a trailer at an average event. Compared to the staffing needs and associated overhead of a brick-and-mortar space, DonutNV has a huge advantage over the average franchise in the food service industry!
Keep Your Day Job: As a DonutNV Owner, you can choose to run the events yourself or hire a General Manager to oversee your employees and the day-to-day operations of your business. If you are looking to keep your current career or add a business to your portfolio, that is absolutely an option.
Training & Support
Training
Training at DonutNV is designed to ensure that by the time you receive your trailer and launch your business, you feel confident and comfortable that you can be successful. Our initial training program is five days in Florida and covers:
- Trailer permitting
- Guerilla marketing
- Equipment and recipe training
- Trailer set-up and tear-down
- Live event operations and sales
Ongoing Support
We pride ourselves on our support team and the systems we’ve developed to ensure you can operate your DonutNV mobile units and scale your business. You can expect to receive the following once you join our system:
- Operations support
- Marketing collateral assistance
- 24/7 troubleshooting support for donut machines
- Custom CRM to auto-respond to incoming leads in real-time
- Web-based training tools for new product launches and new hire training
History
Founded by Alex and Amanda Gingold in 2014 as a corporate escape that fit their on-the-go lifestyle, DonutNV began as “Cinnamini Donuts,” a small mall kiosk in Philadelphia. Since shifting to a fully mobile food trailer model in 2015, our franchise has become the “Chick-fil-A of the mobile donut world.”
To set our brand apart from the other “just another food truck” businesses, the Gingolds designed proprietary systems and equipment to give customers a premium, interactive experience from start to finish.
Since opening franchise opportunities in 2018, DonutNV has awarded 235 units to over 100 Franchisees across the country, which makes it the fastest-growing food truck concept the franchise world has ever seen!
Ideal Candidate
No Food Experience Necessary: You don’t need to be a baker or have a culinary degree to run this food franchise. If you know how to follow a simple recipe and equally simple processes, then you can run a DonutNV trailer!
Superior Communicator: As a Franchise Owner, you will be connecting with event organizers, customers, and your staff every day, so you should bring strong people and communication skills to the table to help secure sales.
Sales & Marketing Background: As a DonutNV Owner, you’ll be responsible for booking your own gigs (with some help from the support team), so you’ll need the ability to market your business and sell the advantages of a DonutNV trailer at a given event.
Eager Growth Mindset: The most successful DonutNV franchisees are self-starters and go-getters who think ahead and love to connect with their community and network. If this is you, and you’re excited about scaling your new business, DonutNV ownership will suit you!
Availability
DonutNV is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $100,000 in liquid capital to invest.
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