DonutNV logo

DonutNV

Mini doughnuts, juices, hot and iced coffee
Investment
$184,930
Initial Franchise Fee
$59,500
Units
148
Growth Rate
+1,133.3%

Overview

Industry
Food
Founded
2014
Franchising Since
2018
Parent Company
DonutNV Franchising Inc.
Leadership
Amanda Gingold, President & Cofounder
# of Employees at HQ
18

Units and Growth Chart

About DonutNV

Founded in 2014, DonutNV provides fresh-baked mini donuts and freshly made lemonade through their food trucks to what may be an increasing fan base. DonutNV began franchising in 2018 and has opened several franchises since.

Taking the business mobile shortly after the first year of operation, founders Alexander and Amanda Gingold soon saw what the future held for the company as mobile sales started to take off. Now based in Clermont, Florida, DonutNV is looking to expand its mobile model with new franchisees to take up the mantle.  

Why You May Want To Start a DonutNV Franchise

DonutNV may have a track record of success with its combination of fresh donuts and fresh lemonade available in its food trucks. The company provides training for new franchisees, and the franchise territories provided are protected from other DonutNV franchisees.  

DonutNV also has a centrally-located training center (DonutNV University) which was established to help franchisees in the day-to-day running of their business. This training center will provide classes covering sales, marketing, food preparation, and other tools used by DonutNV franchises.

Opening a DonutNV franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make a DonutNV Franchise a Good Choice?

The market for mobile food trucks has primarily been generated by word of mouth and occasional TV exposure. DonutNV looks to take those marketing channels and create new spins with their marketing campaign. DonutNV may provide a colorful splash into their marketing materials with an eye for showcasing the product in the best light. 

Donuts and lemonade are both comfort foods of the youth of many, and combining the two within a single establishment could provide the best of both worlds for those looking to enjoy food from their childhood.

To be part of the DonutNV team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements. 

How To Open a DonutNV Franchise

As you decide if opening a DonutNV franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a DonutNV franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

As part of your due diligence, you may want to speak to existing franchisees and ask the DonutNV franchising team questions.

If awarded a franchise, franchisees receive a great deal of support from the DonutNV brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. DonutNV franchisees may also receive hands-on training and continued support after opening their franchise location.

Investment Details

Initial Franchise Fee
$59,500
Initial Investment
$184,930 - $337,250
Net Worth Requirement
$250,000
Cash Requirement
$100,000
Royalty Fee
$750/mo.
Ad Royalty Fee
$200/mo.
Technology Fee
$300/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
$5,000 off first-unit franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alabama Arkansas Arizona Colorado Connecticut Delaware Florida Georgia Iowa Idaho Indiana Kansas Kentucky Louisiana Massachusetts Maine Michigan Minnesota Missouri Mississippi Montana North Carolina Nebraska New Hampshire New Jersey New Mexico Nevada Ohio Oklahoma Pennsylvania South Carolina Tennessee Texas Utah Vermont Wisconsin Wyoming

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
28 hours
Classroom Training
12 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
Yes
# of employees required to run
2-3
Are exclusive territories available?
Yes

Ranking History

DonutNV performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022