Cookies by Design logo

Cookies by Design Franchise

Audited Financials
Food and BeverageEst. 2023Springfield, NJ
www.cookiesbydesign.com

Risk Score

Pending analysis

Investment Range

$160,000 - $345,000

Franchise Fee

$30,000

Total US Locations

37

Business Summary

COOKIES BY DESIGN operates a retail 'shop' that produces decorated cookies, gourmet cookies, fanciful cookie arrangements, and related products for retail sale to the general public. The business also includes proprietary methods for operation, merchandising, advertising, and training. Shops are typically 1,200 to 1,400 square feet and located in shopping malls or urban storefronts. COOKIES BY DESIGN franchisees may also operate smaller Satellite or Kiosk locations and offer extended hand delivery and shipping services for products.

Corporate History

COOKIES BY DESIGN was formed on July 27, 2023, as a Delaware limited liability company and is a wholly-owned subsidiary of Cookies USA LLC. It operates solely under its corporate name and the COOKIES BY DESIGN trademark. The current franchisor has never operated a shop of the type offered to franchisees. The predecessor franchisor, Designed Cookies, Inc., a Texas limited liability company, offered franchises for 16 years from December 2007 through June 1, 2023. Designed Cookies, Inc. also operated a COOKIES BY DESIGN shop from 2008 through June 2023.

Financial Overview

Investment Range

$160,000 - $345,000

Franchise Fee (Low)

$30,000

Franchise Fee (High)

$30,000

Royalty %

6%

Marketing %

3%

Equipment Costs (Low)

$72,000

Equipment Costs (High)

$205,000

Working Capital

$30,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Going concern qualification

Financial Health Notes

COOKIES USA LLC, the parent company of COOKIES BY DESIGN, incurred a significant net loss of $599,505 for the fiscal year ending May 31, 2024. The company is also facing low liquidity compared to its short-term obligations, has deficiencies in working capital, and experienced negative cash flows from operations. These issues create substantial doubt about COOKIES USA LLC's ability to continue operating as a going concern. Management plans to address these concerns by modifying operations to increase franchise sales and reduce costs, and the company's members have committed to contributing additional funds if necessary. They have guaranteed the ongoing operation of the company for the next twelve months, barring extraordinary events.

Financing Details

COOKIES BY DESIGN does not offer any direct or indirect financing to franchisees. Franchisees will need to secure their own funding without guarantees from COOKIES BY DESIGN for notes, leases, or other obligations.

Performance Metrics

Total US Locations

37

Franchised Units

37

Corporate Units

1

Avg Square Footage

1,300

Franchising Since

2007

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew their franchise agreement, COOKIES BY DESIGN franchisees must provide written notice between 6 and 12 months before their current term ends. They must be in full compliance with their Franchise Agreement and any other agreements with COOKIES BY DESIGN or its affiliates, have the legal right to occupy their shop for the new term, and have completed all required maintenance and remodeling to meet current standards. Franchisees will also need to sign COOKIES BY DESIGN's then-current form of Franchise Agreement, which may have different terms, and pay a $5,000 renewal fee.

Training & Support Program

Franchisor Assistance

COOKIES BY DESIGN provides franchisees with several forms of assistance. Before opening, COOKIES BY DESIGN will approve or deny a proposed site within 30 days and offers one free on-site evaluation of a potential location. It also provides initial training for two individuals and grants access to its Operations Manuals. For the grand opening, COOKIES BY DESIGN sends one representative for up to three days of on-site assistance at no cost. On an ongoing basis, COOKIES BY DESIGN offers advisory assistance for operating the shop and, upon request and at the franchisee's expense, provides approved local advertising and promotional materials.

Initial Training Hours

82

Training Location

Corporate shop in Plano, Texas

Ongoing Support

COOKIES BY DESIGN provides ongoing advisory assistance to its franchisees for the operation of their shops, as deemed advisable by the franchisor. It also maintains an Advisory Council, comprising franchisees in good standing, which offers advice on areas like advertising, training, and research and development.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Supervisory

Territory Type

Protected

Territory Size Requirements

COOKIES BY DESIGN grants franchisees a Designated Territory that includes a minimum population of 100,000 individuals. This territory is defined by specific U.S. Postal Zip Codes, and its boundaries are further identified by a map attached to the Franchise Agreement.

Staffing Notes

COOKIES BY DESIGN requires that each shop be supervised by a fully trained General Manager who dedicates their full-time efforts to the operation. Franchisees must maintain a competent, trained staff in numbers sufficient to serve customers, with at least a manager or shift leader on duty whenever the shop is open. Staff must also adhere to uniform and dress code requirements. COOKIES BY DESIGN clarifies that it does not control employment matters; franchisees are solely responsible for hiring, wages, benefits, hours, and discipline for their employees.