Kilwin's Chocolates Franchise Cost & 2025 FDD Data
70/100
Strongest tier
70 this brand51 Quick-Service Restaurants medianlikely 66–74: narrower with more SBA loans (high confidence)
Higher is better · an editorial assessment, not investment advice
#539 of 3,069 graded brands
Why an A: Helped by unit growth, scale, legal record and transparency. Held back by unit economics. See all six factors
- Total investment
- $513K – $880K
- excl. real estate
- Avg gross sales
- $933K
- “All States”, 51 outlets; not profit
- SBA charge-off
- 8.3%
1 in 12 SBA 7(a) loans to Kilwin's Chocolates owners charged off (2 of 24 resolved loans, approved FY1997 to FY2012); Quick-Service Restaurants median 17.6%.
Data from the FDD filing + SBA 7(a) records. Analysis by FranchiseVerdict · Methodology · Website · Report an error · Franchisor? Claim this listing
FranchiseVerdict summary · 2025 FDD
Per the 2025 FDD, a Kilwin's Chocolates franchise requires a total initial investment of $513K – $880K, excluding real estate, including a $40K franchise fee. Once open, the ongoing royalty is 5.0%. Per the 2025 FDD, average gross sales were $933K (Item 19 group “All States”, 51 outlets; gross sales, not profit). SBA 7(a) loans show a 8.3% charge-off rate on 24 resolved loans. Verdict grade: A (Strongest tier), an editorial assessment, not investment advice.
Sources: 2025 FDD · SBA 7(a) loan records (FOIA) · What one unit could make and lose →
Sources, dates and evidence
FDD issued: 2025 filing · Data extracted: · Last cited check: · Staleness risk: medium (a newer filing may exist)
Evidence for the headline figures: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored8 of 8 headline figures on this page cite a page of the filing.
Overview
Quick verdict · vs Quick-Service Restaurants median
Top edge: green = better than the Quick-Service Restaurants median by more than 10%, red = worse by more than 10%, gray = within 10% or no benchmark. Source: FDD filings + SBA 7(a).
Data from public FDD filings and SBA records. Methodology
Bottom line
- RETURNSAverage gross sales of $933K/year (outlet median $802K; Item 19 group “All States”, 51 outlets; gross sales, not profit).
- GROWTHIn the latest Item 20 year, the number of franchised outlets grew by 9 (15 opened, 6 left the franchised system, 1 of them bought back by the franchisor).
AT STAKEOne unit at the Item 7 midpoint: $90K a year in payments on assumed SBA 7(a)-style terms.You put in about $139K of your own cash and personally guarantee a $558K loan. Assumptions are labeled in Sales; not investment advice.See what one unit could make and lose
Things to check before you sign (2)
- The franchisor keeps the right to compete inside your territory (Item 12, territory).
- You waive a jury trial in disputes with the franchisor (Item 17, renewal, termination and disputes).
Checked and clear: no auditor doubt that the franchisor can keep operating, no net loss of franchised outlets in the latest Item 20 years, no pending lawsuit naming the franchisor, SBA charge-off rate 8.3%, below the 17.6% category median, no supplier rebates to the franchisor, no rule that the owner must run it personally and the full filing on file, and an Item 19 average from 128 units.
What to do next
Step 1: Read the FDD itself.
Free: the franchisor must give it to you at least 14 days before you sign or pay. Or look it up in a state registry (Wisconsin, Minnesota, California). What to read first.
Step 2: Talk to current and former owners.
Free: Item 20 of the FDD lists every current owner and those who left last year, most with a phone number. Questions to ask.
Step 3: Talk to an SBA lender.
Free: the SBA's Lender Match, or the lenders already lending to this brand in the SBA section. Ask what you would personally guarantee and what the monthly payment would be. If you plan to use retirement savings, ask a CPA about the rules for that first.
Step 4: Have a franchise attorney review the FDD and agreement.
Free: your state bar's lawyer referral service can name franchise lawyers, and many offer a short first consultation. Bring the checks listed above.
Research steps, not investment or legal advice.
Can you afford it, and what does the money buy?
Entry cost (the Item 7 midpoint) is 43% above the Quick-Service Restaurants median ($487K).
Source: FDD 2025 · Items 5–7 (fees and startup costs)
Do you qualify? The filing states no minimum net worth or liquid capital. Ask Kilwins Chocolates Franchise, Inc. (Item 1: 1050 Bay View Road, Petoskey, Michigan 49770) and your lender what they require, and keep living costs for the first year outside the deal.
Full Item 7 breakdown14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial franchise fee | $30K | $40K | |
| Plans and Construction (includes architectural and building permits) | $268.3K | $416.7K | |
| Construction Deposit or Construction Review Fee | $5K | $20K | |
| Equipment | $131.2K | $185.7K | |
| Computer Systems (includes POS based on 2 stations and network management equipment) | $14.2K | $14.2K | |
| Inventory | $30.6K | $51.8K | |
| Signs and Awnings | $9.33K | $27.2K | |
| Advertising | $10K | $10K | |
| Insurance | $519 | $21.5K | |
| Training Expenses | $5.07K | $7.56K | |
| Business Licenses | $25 | $1.2K | |
| Professional Fees | $750 | $5K | |
| Additional Funds (3 Months) | $8K | $75K | |
| Security Deposits | $475 | $4.56K | |
| Total initial investment | $513K | $880K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. The total row is the total as printed in Item 7. Actual costs may fall outside this range depending on market and build-out scope.
Item 6 · what you pay once you are open
Ongoing fees
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fundBrand-wide marketing pool. Currently 3% of Gross Sales to Marketing Fund; we may increase Marketing Contribution up to a total of 5% of Gross Sales | 3.0% of gross sales |
| Technology feeTechnology Fee currently $200/month/Store; can increase up to 5% each year | $200/month |
| Training feeAdditional training charge listed in Item 6 | $5,000 |
| Transfer fee | $30,000 |
| Renewal fee | $10,000 |
| Total fee loadabove the Quick-Service Restaurants median of 7.0% (heavy) | 8.0% of sales |
What do units actually make?
Average gross sales are near the Quick-Service Restaurants median ($950K).
Source: FDD 2025 · Item 19 (sales and earnings)
Items 6 (other fees), 7 (startup costs) and 19 (sales and earnings) · assumptions labeled
What you could make and lose: one unit
What one Kilwin's Chocolates unit would ask of you, from the filing's Item 7 total and labeled assumptions.
Average gross sales are $933K (FDD p.57), and the royalty and ad fund take about $75K of that a year (Item 6). This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here. So this box does not estimate a profit. To cover the loan payment alone, one unit has to clear $90K a year after its food, labor, rent and other costs and the franchisor's fees.
How these figures are worked out
- Loan (assumption): 80% of the $697K Item 7 midpoint is a $558K loan, paid over 10 years at 10.5%: $90K a year. SBA 7(a)-style terms on a long-term rate; your lender sets yours. Kilwin's Chocolates' past SBA 7(a) loans averaged 5.2% at approval; 7(a) rates move with the prime rate, so 10.5% is a current-rate assumption, not this brand's history.
What you put at risk
Your own cash in: about $139K Assumption (the part the loan does not cover of the $697K Item 7 midpoint), plus whatever anything Item 7 leaves out (its notes say what). The loan is $558K.
Personal guarantee. SBA 7(a) loans require a personal guarantee from anyone who owns 20% or more of the business. If the unit cannot pay, the lender can collect from you personally, which can include your savings and your home. The worst case is losing the cash you put in and still owing the rest of the loan.
Gross sales are not profit, and none of these figures is take-home pay until tax and every operating cost are paid. The assumptions are ours, not the filing's. Not investment advice.
Returns modelOne unit · several units · editable
One unit
One unit: what is left after the loan payment
Gross sales, minus the franchisor's fees and the operating costs, is the unit's EBITDA (earnings before interest, taxes, depreciation and amortization). Minus an assumed loan payment, that is what is left for you, before tax. Gross sales are not profit.
This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here. Invested capital is the Item 7 total, which already includes its working-capital (additional funds) line.
Returns model · one unit
What would one Kilwin's Chocolates unit leave you each year after the loan payment?
Item 19: $933,138 average for 51 outlets (All States). Use a figure for outlets like yours if yours differ.
Gross sales, not profit: the costs below decide what is left.
Item 6, as stored, a year. A fixed fee, so it comes off EBITDA as dollars, not a share of sales.
This brand's Item 19 prints cost or operating-income lines that are not on this page yet. Read them in Item 19 and enter them here.
Illustrative category typicals, not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Item 7 midpoint of $513K to $880K
Item 7's $8K to $75K additional funds are already in the total
Left after the loan payment · per year
The unit's EBITDA minus the assumed loan payment. Before tax, depreciation and any cost your inputs leave out (insurance, accounting and legal, licenses, technology fees): not take-home pay.
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies COGS, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
Loan of $558K at 10.5% over 10 years, an assumption, not a quote. Return and payback are before tax, depreciation and the costs above. The loan usually needs your personal guarantee.
Buying several existing units? The acquisition scenario
Buying several units
What buying a few existing units could return
Prices an existing operator of a few units off the single-unit EBITDA above, after shared services, and finances it with an SBA 7(a) loan, a conventional loan and a seller note. It shows the yearly return on your cash (IRR), whether year-1 earnings cover the loan payments (DSCR) and how the price is paid for. It starts at 5 units; every deal term is an assumption you can change, and none is from the FDD.
Not modelled yet
Gross sales are not profit. Neither the filing nor a stated assumption on this page supplies COGS, labor, rent / occupancy and other operating costs. Enter your own (a lease quote, owner calls) and the model runs on it.
This scenario starts from a per-unit EBITDA. Fill in the operating costs in the one-unit model above and it runs on that figure, or take it to the full ROI workbench, where the multi-unit and acquisition models accept your own per-unit economics.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD · filed by Kilwins Chocolates Franchise, Inc.
Financial performance
- Range (low → high)
- $260K→$2.5MSource: 2025 FDD, page 59
- Cohort dispersion (min → max)
Percentile ranks within Quick-Service Restaurants
Each rank is among the Quick-Service Restaurants brands that report that figure (the count is under each bar).
vs Quick-Service Restaurants medians
How Kilwin's Chocolates compares
Category median of published Quick-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Who are you contracting with?
Kilwins Chocolates Franchise, Inc., owned by Kilwins MidCo LLC / Kilwins TopCo LLC.
Same franchisor, other program: Kilwins. Each is a separate offering with its own page.
Item 1 (the franchisor) · who you're contracting with
The franchisor
Corporate structure & franchisor financials
- Legal entity
- Kilwins Chocolates Franchise, Inc.
- Parent company
- Kilwins MidCo LLC / Kilwins TopCo LLC
- FDD Item 1, page 6 of the 2025 FDD
- Ultimate parent
- Levine Leichtman Capital Partners, LLC (LLCP)
- FDD Item 1, page 6 of the 2025 FDD
- CEO title
- President and Chief Executive Officer
- Brian Britton
- Incorporated in
- Michigan
- HQ
- 1050 Bay View Road, Petoskey, Michigan 49770
- Franchisor revenue
- $19.8M
- latest fiscal year in the 2025 FDD
Same owner · FDD Item 1, page 6
Portfolio: Levine Leichtman Capital Partners (private-equity sponsor)
Grouped by the owner's name as each filing prints it (this page: the 2025 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.
Overview
About
Franchisor of Kilwins Full Line Chocolates, Confectionery & Ice Cream Stores and Kilwins Ice Cream & Chocolate Shops, selling handcrafted chocolates, original recipe ice cream, fudge, and other confections.
- CEO
- Brian Britton
Is the system healthy?
+23 franchised outlets over the two years to 2024 (145 to 168, +15.9% in total, +7.6% a year compounded).
Source: FDD 2025 · Item 20 (outlets opened, closed and transferred)
Item 20 (outlet counts) · unit dynamics
The growth chart
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
Last fiscal year · Item 20 rates and pipeline
- Reacquired
- 1
- Franchisor bought back
Item 20 · franchised units at year end
Franchised units rose from 145 in 2022 to 168 in 2024
Axis does not start at zero.
Source and method
Government records
SBA loan data
Lenders charged off 8.3% of 24 resolved SBA 7(a) loans, below the 17.6% category median. 7(a) is the SBA's main small-business loan; a resolved loan was paid in full or charged off.
- Loans on file
- 25
- SBA 7(a) loans matched to this brand, incl. those still being repaid
- Loan volume
- $6.5M
- Average loan
- $261K
- loan volume divided by loans
- Charge-off rate
- 8.3%
- 2 of 24 resolved loans
- Paid in full
- 91.7%
- of resolved loans
- Recent-loan charge-off
- No recent loans
- no SBA 7(a) loan approved since FY2012
- Lenders
- 13
- Average interest rate
- 5.2%
- Jobs reported
- 263
- on the 19 loans approved FY2004 on; earlier loans did not record jobs
- Lender concentration
- 44%
- top lender's share
Cumulative: every 7(a) loan matched to this brand in the SBA’s FOIA files, approved FY1991 onward. Historical lending data, not predictive of future performance. How SBA charge-off rates are calculated
Benchmark: the median Quick-Service Restaurants brand charges off 17.6% (175 brands with a published rate, same cumulative window and source). This brand is 9.3 points below it.
The approval-year breakdown covers 17 of the 24 resolved loans and 2 of the 2 charge-offs (FY1997 to FY2012).
SBA 7(a) · charge-off rate by approval year
Kilwin's Chocolates charge-off rate by loan approval year
None of these 5 approval years has 10 or more resolved loans, too few to draw a trend. Each year’s numbers are in the table below.
Show the numbers by year
| Year | Resolved | Charged off | Rate |
|---|---|---|---|
| 1997 | 3 | 1 | Too few |
| 2008 | 5 | 1 | Too few |
| 2009 | 3 | 0 | Too few |
| 2010 | 3 | 0 | Too few |
| 2012 | 3 | 0 | Too few |
Source and method
Explore lender portfolios on Bank Reports or regional data on State Reports.
Full SBA lending reportlenders · charge-off rate · trend
Lender network · SBA 7(a)
SBA Lending Report
Lender, state and yearly detail for Kilwin's Chocolates from SBA 7(a) FOIA loan records.
- Average SBA guarantee
- 69%
- Average interest rate
- 5.2%
- Lender concentration
- 44%
- Jobs reported
- 263
Top 10 SBA lenders by loan count
| Loans | Volume | Charge-off |
|---|---|---|
| The Huntington National Bank | ||
| 11 | $2.7M | Not on file |
| Comerica Bank | ||
| 2 | $875K | Not on file |
| Popular Bank | ||
| 2 | $450K | Not on file |
| IBERIABANK | ||
| 1 | $130K | Not on file |
| Readycap Lending, LLC | ||
| 1 | $211K | Not on file |
A lender’s rate counts only its resolved loans, the loans that have finished (paid in full or charged off); a 0.0% often means few of its loans have finished. Under 10 resolved loans, the rate reads “Too few”.
Charge-off rate by state (top 10 by loans)
| State | Loans | Charged off | Rate |
|---|---|---|---|
| MI Michigan | 11 | 0 | 0.0%10 resolved |
| FL Florida | 6 | 1 | Too few6 resolved |
| NC North Carolina | 3 | 0 | Too few3 resolved |
| CO Colorado | 1 | 1 | Too few1 resolved |
| MD Maryland | 1 | 0 | Too few1 resolved |
| NH New Hampshire | 1 | 0 | Too few1 resolved |
| OH Ohio | 1 | 0 | Too few1 resolved |
| VA Virginia | 1 | 0 | Too few1 resolved |
Rate: charged-off loans over resolved loans (paid in full plus charged off), shown from 10 resolved loans. "Too few": under 10 resolved. The Loans column counts every approval in the window, including loans still being repaid.
SBA 7(a) loans approved per year
Source: SBA 7(a) FOIA loan-level data, matched to the brand by FranchiseVerdict.
What are the risks?
Main risk in the grade: unit economics. The reasons are below.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Verdict grade + FDD Items 3 (litigation), 4 (bankruptcy), 8 (required suppliers), 16 (what you may sell), 21 (audited financials)
Risk and legal
Grade A: Strongest tier, 70/100 (category median 51); the full grade is at the top of the page.
How the grade is built
Why an A, factor by factor
- Financial health NeutralAudited financials; no going-concern doubt; statements are the parent's, so this stays near neutral
- Unit economics Weighs on it, weakest dimensionAvg gross sales $933K on a $697K investment midpoint, 1.3x (gross sales, not profit)
- Unit growth Helps+23 franchised outlets over the two years to 2024 (145 to 168, +15.9% in total, +7.6% a year compounded); turnover 3.5%
- Scale Helps168 franchised units, +4 company-owned (172 in all); franchising since 1981
- Legal Helps1 matter naming the franchisor among the Item 3 matters we list (0.6 per 100 outlets)
- Transparency HelpsItem 19 discloses financial performance; audited financials
- Adjustments after the six dimensions (-1 point)Rounding: the score is kept as a whole number, which moved it by 1 point.
From the six scored dimensions, an editorial assessment, not investment advice. How the score is built
Litigation (Item 3)
Subject: the franchisor is a named party (plaintiff).
Kilwins Chocolates Franchise, Inc. v. Erik Berakovich et al. (Circuit Court for Emmet County, Michigan, Case No. 11-3196-CZ): franchisor sued former franchisees/related party for operating a competing business at a former Kilwins location and covenant-not-to-compete violations; case settled in 2013 with defendants paying $180,000 and agreeing franchise agreements were properly terminated.
Largest disclosed settlement in the franchisor's own cases: $180,000
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes
Franchisor revenue (Item 21)
The revenue figures are in the Franchisor tab, under The franchisor.
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results; the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
Ask what the franchisor earns on the supplies it sells you or the rebates it takes (Item 8).
- Franchisor sells you products: Yes
- Franchisor takes supplier rebates: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Litigation case detail1 matter · Item 3
Litigation cases
The franchisor
Concluded (1)
Kilwins Chocolates Franchise, Inc. v. Erik Berakovich, Trisha L. Berakovich, Karl Berakovich, Georgia Marina Corp., and A.J. Velvet, Inc.
settledBrought by the franchisor · filed 2011-08-31 · Circuit Court for Emmet County, Michigan · 11-3196-CZ
“Kilwins Chocolates Franchise, Inc. v. Erik Berakovich, Trisha L. Berakovich, Karl Berakovich, Georgia Marina Corp., and A.J.”Page 12 of the 2025 FDD, Item 3
Outcome: “The defendants agreed to settle the matter by paying us $180,000; agreeing that their franchise agreements were properly terminated; agreeing to abide by the covenants against competition (for a limited period of time); agreeing not to use our intellectual property (including our recipes); and”
Item 3 lists the litigation the franchisor must disclose; a matter against a parent, an affiliate or a named officer is not a matter against the franchisor, and pending claims are allegations, not findings.
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before your own operating costs.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12 (territory), 15 (owner participation) and 17 (renewal, termination and disputes)
Contract and territory detail
| Allowed renewals | 1 |
|---|---|
| Protected territory | Yes |
| Exclusive territory | No |
| Territory size | “Protected Territory is typically a circle around the Store with a radius specified in the Franchise Agreement; no minimum size; not exclusive - franchisor retains broad rights to compete via other channels, affiliates, and outside the territory.” |
| Franchisor can compete | Yes |
| Who runs it (Item 15) | A manager may run it |
| Non-compete (years) | 2 years |
| Non-compete (miles) | 10 mi |
| Right of first refusal | Yes |
| Transfer requires consent | Yes |
| Mandatory arbitration | No |
| Jury trial waiver | Yes |
| Governing law | Michigan |
Items 10 (financing), 11 (training and support)
Training and operations
- Classroom training
- 43 hrs
- On-the-job training
- 157 hrs
- Training location
- Petoskey, Michigan (headquarters) and franchisee's Store
- Ongoing training
- Required
- Time to open
- 6–8 mo
- 6–8 months provided you have a signed lease at signing and the space turns over within one to two months (FDD p.37)
- Site selection
- franchisor approval of franchisee-identified site; Search Area Addendum with search area/right of first refusal
- Franchisor financing
- Not offered
- Item 10
- POS system
- Kilwins Point of Sale (POS) System
- Operating tech stack
Items 5 (initial fees) & 11 (training and support)
Franchisor support
Franchisee contacts
We hold no owner list for this brand. Item 20 of the FDD lists the current and former owners; the free FDD is the source.
Frequently asked questions
How much does it cost to open a Kilwin's Chocolates franchise?
Per the 2025 FDD, the total investment to open a Kilwin's Chocolates franchise ranges from $513K to $880K, with an initial franchise fee of $40K. This is the Item 7 total in the Franchise Disclosure Document (FDD): the startup costs the franchisor lists, such as build-out, equipment, inventory and working capital. The filing says these totals do not include real estate.
What do Kilwin's Chocolates franchise owners earn?
According to Item 19 of the Kilwin's Chocolates FDD, average gross sales were $933K (Item 19 group “All States”, 51 outlets; gross sales, not profit). The median is $802K. What an owner keeps depends on location, operating costs and management.
Who owns Kilwin's Chocolates?
Kilwin's Chocolates is franchised by Kilwins Chocolates Franchise, Inc. Its parent company is Kilwins MidCo LLC / Kilwins TopCo LLC. The ultimate parent named in the FDD is Levine Leichtman Capital Partners, LLC (LLCP). Source: FDD Item 1, 2025 filing.
What is Item 19 in the Kilwin's Chocolates FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Kilwin's Chocolates FDD and qualifies whose outlets they describe.
What is Kilwin's Chocolates' franchise failure rate?
There is no published franchise failure rate. What is measurable is Kilwin's Chocolates' SBA charge-off rate: 8.3% on 24 resolved loans approved FY1997 to FY2012. Put plainly: 1 in 12 SBA 7(a) loans to Kilwin's Chocolates owners charged off (2 of 24 resolved loans, approved FY1997 to FY2012). The SBA charge-off rate is the share of a brand's resolved SBA 7(a) loans to its franchisees that the SBA wrote off, including purchased guarantees. Resolved means paid in full or charged off; active loans are excluded because their outcome is not yet known. It is a lending outcome, not a count of closed businesses. A franchisee can repay and close, or default and keep trading.
How many Kilwin's Chocolates franchise locations are there?
Per the 2025 FDD, Kilwin's Chocolates has 168 franchised units and 4 company-owned (172 in all). In the latest year, the number of franchised outlets grew by 9 (15 opened, 6 left the franchised system, 1 of them bought back by the franchisor).
Is Kilwin's Chocolates a good franchise to buy?
FranchiseVerdict gives Kilwin's Chocolates an A Verdict grade (Strongest tier) with a verdict score of 70 out of 100 (higher is better), an editorial assessment, not investment advice. Helped by unit growth, scale, legal record and transparency. Held back by unit economics (avg gross sales $933K on a $697K investment midpoint, 1.3x: gross sales, not profit). The “Why an A” section on this page lists all six dimensions and any adjustment. Speak with current franchisees before making any investment decision.
Other Quick-Service Restaurants franchises
Similar investment first, then by grade
This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.