Peach Cobbler Factory logo

Peach Cobbler Factory Franchise

Audited Financials
Food and BeverageEst. 2021Fort Lauderdale, FL
www.PeachCobblerFactory.com

Risk Score

Pending analysis

Investment Range

$62,394 - $503,124

Franchise Fee

$24,950

Total US Locations

70

Business Summary

Peach Cobbler Factory operates dessert specialty restaurants that serve various dessert items including cobblers, ice creams, shakes, cinnamon rolls, banana puddings, and sweet peach tea. The business operates under the Peach Cobbler Factory trade name and system, supporting franchisees in their ongoing efforts. Customers can order for pickup, delivery, and use a proprietary mobile app for streamlined ordering and loyalty rewards. Franchisees can also operate a mobile unit in conjunction with a brick-and-mortar outlet.

Corporate History

Peach Cobbler Factory was formed in Kentucky on July 25, 2021. The company began offering franchises in July 2021. Peach Cobbler Factory does not operate any company-owned outlets itself, but its affiliate, LJGG Holdings, LLC, operated four model outlets starting in February 2022. These affiliate-owned units served as the basis for the franchise system. Some of these affiliate units have since been sold to franchisees.

Financial Overview

Investment Range

$62,394 - $503,124

Franchise Fee (Low)

$24,950

Franchise Fee (High)

$34,950

Royalty %

6%

Marketing %

2%

Equipment Costs (Low)

$84,000

Equipment Costs (High)

$340,000

Working Capital

$11,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Going concern qualification

Financial Health Notes

Peach Cobbler Factory's financial condition raises substantial doubt about its ability to continue as a going concern. The company has suffered recurring losses from operations and has a net capital deficiency, as noted by its auditors. Management has plans to address these issues, but the financial statements do not include adjustments that might result from the outcome of this uncertainty. This financial condition calls into question Peach Cobbler Factory's ability to provide services and support to its franchisees.

Financing Details

Peach Cobbler Factory does not offer any direct or indirect financing to its franchisees. This means franchisees will need to secure their own financing for their Peach Cobbler Factory business from third-party lenders, as the franchisor will not guarantee any notes, leases, or other obligations.

Performance Metrics

Total US Locations

70

Franchised Units

70

Corporate Units

0

Avg Square Footage

1,150

Franchising Since

2021

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their Peach Cobbler Factory franchise, franchisees must be in good standing with the company, ensure all payments are current, and pay the then-current renewal fee. They will also be required to sign a new franchise agreement, which may have terms and conditions that differ materially from their original contract, although the boundaries of their territory will remain the same. The continuing royalty fee upon renewal will not exceed the rates imposed on other similarly situated renewing franchisees. Franchisees must also make any necessary capital expenditures for renovation and modernization to reflect Peach Cobbler Factory's current brand image.

Training & Support Program

Franchisor Assistance

Peach Cobbler Factory provides various forms of assistance to its franchisees. Before opening, Peach Cobbler Factory offers site selection guidelines and advice, access to its confidential digital operations manual, and assistance with lease negotiation. Peach Cobbler Factory also approves the design plans for the outlet and provides lists of approved suppliers for equipment, signs, fixtures, inventory, and supplies. Initial training is provided for the franchisee and one designated manager. After opening, Peach Cobbler Factory offers continuing advisory services via telephone, email, or other communication methods during normal business hours for up to 10 hours in a 30-day period. Additional on-site assistance or remedial training may be provided for a daily fee plus expenses. Peach Cobbler Factory includes information about each franchise on its website and may implement a central purchasing system, negotiating prices and terms with suppliers. Peach Cobbler Factory also provides marketing and promotional materials and may hold annual conferences in the future.

Initial Training Hours

30

Training Location

Fort Lauderdale, Florida

Ongoing Support

After opening, Peach Cobbler Factory provides ongoing support through continuing advisory services by telephone, email, or other communication methods during normal business hours. Franchisees receive information about their business on the Peach Cobbler Factory website. A toll-free support line may also be provided, though a fee may be charged in the future. Peach Cobbler Factory may implement a purchasing system and negotiate prices with suppliers. While annual regional or national conferences are not currently held, Peach Cobbler Factory reserves the right to implement them, requiring franchisee attendance and payment of associated fees and expenses. Peach Cobbler Factory also provides marketing and promotional materials and allows franchisees to develop their own materials with prior written approval.

Franchise Requirements

Ideal Candidate Profile

Peach Cobbler Factory seeks franchisees who, or whose designated manager, can directly supervise and participate in the day-to-day operation of the franchise on a full-time basis. This indicates a preference for hands-on operators. The franchisee or manager must complete Peach Cobbler Factory's training program and may not have an interest or business relationship with any of Peach Cobbler Factory's competitors.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Supervisory

Territory Type

Protected

Territory Size Requirements

Peach Cobbler Factory franchisees receive a protected territory with a one-mile radius from their approved business location.

Staffing Notes

Peach Cobbler Factory requires that the franchisee or a fully trained and qualified manager must directly supervise and participate in the actual day-to-day operation of the franchise on a full-time basis. This individual must complete Peach Cobbler Factory's training program. Neither the franchisee nor their manager is permitted to have an interest or business relationship with any of Peach Cobbler Factory's competitors. If the franchise is owned by an entity, the designated manager is not required to own an equity interest, but the manager and all entity owners must sign a confidentiality and covenant not to compete agreement.