Magnolia Bakery logo
Bakeries

Investment

$594,000

Initial Franchise Fee

$49,000

Units

48

Growth Rate

+108.7%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Food
Founded 1996
Franchising Since 2011
Parent Company Magnolia Bakery International LLC
Leadership Bobbie Lloyd, CEO
# of Employees at HQ 44

Units and Growth Chart

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About Magnolia Bakery

The story of Magnolia Bakery begins in 1996, on a quiet cobblestone corner in New York City’s West Village — with a simple goal: create a neighborhood bakery that made people feel something.

What started as a small shop quickly became a global phenomenon. Our Red Velvet Cupcakes became iconic. Our fresh, house-made Banana Pudding sparked lines around the block. Locals came daily. Visitors made Magnolia Bakery a must-stop destination. A bakery built on warmth, craft, and joy became part of the cultural fabric of New York.

As demand grew, we knew our mission was bigger than one neighborhood. So we opened the cupboards and began sharing our recipes and our spirit with new communities near and far — helping people celebrate birthdays, milestones, holidays, and everyday moments that deserve something sweet.

Today, Magnolia Bakery continues to expand across the U.S. and around the world, but the heart of our brand remains unchanged:

We open early and close late.
We believe a dollop of buttercream makes everything better.
And we exist for one simple reason:

To make today sweeter than yesterday.

For entrepreneurs who believe in building something extraordinary - one cupcake, one customer, one community at a time - Magnolia Bakery is more than a business opportunity. It’s a legacy you get to grow.

Why Open a Magnolia Bakery Franchise?

Magnolia Bakery is more than a neighborhood bakery. It’s an established brand with a global following and a legacy built on care, quality and a little confectionary magic.

For the first time, we are opening our doors to franchise ownership in the U.S., 30 years after we opened our first store on Bleecker Street.

In a fast-growing dessert industry, we lead with a loyal following, best-in-class product, and a trusted name known globally. And yet, something about our brand still feels local, familiar, and personal. As we expand, we’re looking for franchise owners who share that mission and see the extraordinary everyday.

Be among the first to bring Magnolia Bakery to your neighborhood!

  • Beloved brand known for Banana Pudding and classic American desserts

  • $4,459,911 Average Gross Revenues*

  • Flexible and scalable store formats from 800-2,000 sq ft

  • Pop culture icon featured on Sex and the City, SNL, and more.

  • Opportunities in every state!

*Average Gross Revenues of 10 company-owned Magnolia Bakeries that were in operation during the entire 2024 calendar year. See Item 19 of our April 29, 2025 Franchise Disclosure Document for a definition of Gross Revenues and for further information.

Investment Details

Initial Franchise Fee $49,000
Initial Investment $594,000 - $1,187,300
Net Worth Requirement $3,000,000
Cash Requirement
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Royalty Fee
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Ad Royalty Fee
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Technology Fee
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Term of Agreement
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Is Franchise Term Renewable?
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Financing
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Veterans Incentive
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Available Territories

Franchising opportunities available in the following regions

States
AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY

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Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
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Classroom Training
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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

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

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Operations & Requirements

Key operational details and requirements for running this franchise

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

Magnolia Bakery performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where Magnolia Bakery ranked on other franchise lists? Find out below.

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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