Sprinkles/Sprinkles Cupcakes
Food & Beverage · Baked Goods & Snacks
- Active units
- 4
- Avg unit volume
- $1.9M
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About Sprinkles/Sprinkles Cupcakes
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$40k
- Development fee credit
$20,000 of the development fee is applied toward each initial franchise fee under a Development Rights Agreement
- Brand fund
2.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
1,400 – 2,000 sq ft
- Development Rights Agreement
$20k
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD.
Growth
- Total locations4
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate300.0%
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio3.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.9M
Computed weighted average across all 18 Covered Bakeries: mean of the three equal groups’ average Gross Sales.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.0M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open15 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.8×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.