- 2024 Franchise 500 Rank
-
N/R Ranked #406 last year
- Initial investment
-
$65K - $227K
- Units as of 2023
-
76 16.9% over 3 years
With a variety of cinnamon-glazed nuts, Totally Nutz is an emerging vendor of event-type snacks. Totally Nutz is known for its cinnamon-glazed cashews, pecans, and almonds. Their sweet and salty aroma wafts through your local farmers' market or baseball stadium, just beckoning passersby to satisfy their cravings with a crazy good treat.
Did we mention that Totally Nutz was a vendor at the 2003 World Series? Or that they had fourteen venues at the 2002 Olympic Games in Salt Lake City, Utah? Talk about going for gold with these glazed goodies.
Founded in 1990, Totally Nutz started their journey under a different name: "Barker's Old Fashioned Almonds.” They sold their first franchise in 2014 and have since grown to over 45 franchises located throughout the United States.
Why You May Want to Start a Totally Nutz Franchise
Totally Nutz is looking for franchisees dedicated to providing outstanding service in a family-friendly environment, are hungry to succeed, and enjoy having fun. The ideal candidate is resourceful, timely, dedicated, and persistent. If this tenacious spirit of ingenuity sounds like you, opening a Totally Nutz franchise may be a good decision for you.
Totally Nutz has been ranked in Entrepreneur's Franchise 500 multiple times in the past few years. This ranking is based on an evaluation of more than 150 data points in the areas of cost and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make a Totally Nutz Franchise a Good Choice?
Opening a Totally Nutz franchise may have a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. Totally Nutz allows for both full-time and part-time franchisees, which could offer you the opportunity to build one location or an empire.
To be part of the Totally Nutz 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 Totally Nutz Franchise
As you decide if opening a Totally Nutz 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 Totally Nutz franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Totally Nutz franchising team questions.
It may also be a good idea to reach out to an attorney or a financial advisor to ensure that you have the necessary financial resources to own and operate a Totally Nutz franchise.
Company Overview
About Totally Nutz
| Industry | Food |
|---|---|
| Related Categories | Miscellaneous Food/Beverage Businesses, Miscellaneous Quick-Service Restaurants |
| Founded | 1990 |
| Leadership | Yvette Barker, VP |
| Corporate Address |
69 E. 2580 S. St. George, UT 84790 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest |
Business Overview
| Franchising Since | 2014 (10 years) |
|---|---|
| # of employees at HQ | 7 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 76 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Totally Nutz franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$27,500 |
|---|---|
|
Initial Investment
|
$65,372 - $226,500 |
|
Net Worth Requirement
|
$75,000 |
|
Cash Requirement
|
$25,000 |
|
Veteran Incentives
|
10% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
$500/yr. |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Totally Nutz has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| Classroom Training | 33 hours |
|---|---|
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
Yes |
| # of employees required to run | 2 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Totally Nutz landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Totally Nutz ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Totally Nutz.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Looking for a Spotless Investment Opportunity? Discover the Best Cleaning Franchises to Own in 2024.
From sparkling floors to polished windows, clean your way to success with the best cleaning franchises, according to the 2024 Franchise 500 Ranking.
One Factor Is Helping This Entrepreneur Tackle Business Ownership Later in Life. Now, She's Jumping Into a $20 Billion Industry.
Stacey Howell has reinvented herself multiple times. In her latest move, she leverages her extensive corporate career, history of public service and experience running a nonprofit as a Woodhouse Spa franchisee.
This Franchise Leader Just Became the Newest Investor on Dragons' Den, the Canadian Shark Tank
Brian Scudamore, founder and CEO of 1-800-GOT-JUNK?, is joining the cast of Dragons' Den in Canada.
An Innovative Financing Technique is Gaining Traction — And It's a Big Factor in the Potential $9.5 Billion Subway Acquisition
Roark Capital's proposed acquisition of Subway introduces a significant pivot. This strategy shift towards a substantial debt model underlines the evolving dynamics of franchise growth and capital structure, spotlighting the broader acceptance of whole business securitization as a cornerstone in franchise financing.
'Ponzi Scheme-Level Stuff': This CEO Is on a Mission to Grow His Business Ethically While Fighting an Industry Crisis
Rolling Suds CEO Aaron Harper is growing the company's brand, but that's not the only thing the industry veteran is building.
Fast-Food Workers in California Now Earn a $20 Minimum Wage — Here's How This Will Impact Franchising
California's new minimum wage law for fast-food workers goes into effect today, sparking a wave of economic and operational adjustments.