Who Makes a Great Gigi’s Cupcakes Franchise Owner?
Qualifications for Gigi’s Cupcakes franchise ownership
The most successful Gigi’s Cupcakes franchises are owned by passionate, business-minded professionals who make a daily commitment to their bakeries. They enjoy working within their communities — partnering with local businesses, schools, civic organizations and public servants — and thrive on the pleasure of putting smiles on people’s faces with delicious, beautiful gourmet Gigi’s cupcakes.
While we are committed to the procedures and processes that help us run as efficiently and profitably as possible, we are all about people. From our team at our Support Center to our owners and their bakers, decorators and guest specialists on staff, it’s the people involved in Gigi’s who make it a success.
What does it take to be a successful Gigi’s Cupcakes franchise owner?
We have four important requirements for those who want to own a Gigi’s Cupcakes franchise. Capital requirements are straightforward; before moving to Next Steps, seriously consider the remaining qualifications listed here. Gigi’s amazing growth and brand recognition would not be where it is today without the right people on board to lead our amazing brand.
Now that you’ve identified Gigi’s Cupcakes franchises as a potential franchise to invest in, here is a list of qualifications we are seeking:
- Financial requirements –Franchise candidates must have enough money to open and operate a Gigi’s Cupcakes franchise business. The financial qualifications for a Gigi’s Cupcakes franchise are $125,000 liquid assets and $300,000 net worth. Often, franchisees partner with a family member, investor or silent partner to reach those requirements in order to help guarantee approval for the amount of money you want to borrow. If there are several partners, please make sure each individual fills out the Gigi’s Franchise Application
- Business experience –Franchise candidates should have business and/or managerial experience. We prefer to work with candidates who have worked in the restaurant or retail industries. We find that people who have worked in customer service do well as Gigi’s Cupcakes franchise owners.
- Passion –Franchise candidates should have a real passion for the cupcake and bakery business. We want to work with franchise owners who are excited about selling cupcakes and bakery products. We find people who enjoy baking also enjoy their work as a Gigi’s Cupcakes franchise owner, although a baking background is not a requirement.
- Involvement –Franchise candidates who are most successful are those involved in their businesses every day. You don’t have to be in the store 24/7, but you should check in regularly and keep an eye on operations, food costs and sales numbers. You should also be enthusiastic about promoting your business within your community
Although you don’t need baking experience, it does help if you have business experience and — most of all — a true passion for bringing cupcakes to your community.
If you feel strongly that you meet the qualifications listed above and you have the heart and work ethic that is representative of the Gigi’s brand, we encourage you to move toward the NEXT STEPS.
We look forward to speaking with you about this exciting opportunity.