FRANCHISE ASIA JAN 2016
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Showcase<br />
The Concept Confectionists -<br />
Handmade Candy<br />
Possession of a sweet tooth does not always correlate<br />
with healthier eating, but UK confectionery retailer Spun<br />
Candy has bridged the gap with its vegetarian, gluten-free<br />
candies which use only natural fruit flavours and are created in<br />
an in-store kitchen. It’s proven a hit with the public and, notably,<br />
the corporate world with commissions from Virgin Atlantic, Ted<br />
Baker, BMW Mini and Hearst Magazines.<br />
The handmade nature of the candy is central to the brand<br />
proposition. Customers are engaged by the theatrical<br />
experience of seeing the candy made in-store. “Every one of<br />
our customers can come in-store and explore their senses<br />
with our delicious candy,” says the company. “They can watch<br />
the magic as we create names, designs and logos within our<br />
small bite size pieces of rock candy or create candy wonders of<br />
flowers and toffee.”<br />
While the store provides a suitable for all age groups retail<br />
experience and bedrock for the business, growth is explored<br />
through wholesale to premium high-end retailers, high profit<br />
margin catering for corporate events, e-commerce through online<br />
stores and in-store masterclass experiences enabling customers<br />
to create their own confectioneries.<br />
The company is looking to explore new countries in franchise<br />
partnership with truly creative business people with retail,<br />
hospitality or restaurant operation experience and strong<br />
interpersonal skills who can develop a business beyond retail to<br />
exploit the additional revenues available to the concept.<br />
“We are not just a retailer and manufacturer,” adds the company.<br />
“We offer a unique and bespoke service that targets ABC1<br />
demographics with a target age group of 5 years old to 85 years<br />
old. Our core customers are 25-45 year old females with high<br />
disposal income who are attracted to a luxury consumer product<br />
and service that is a ‘guilt free’ purchase.”<br />
KEY FACTS<br />
Company Name:<br />
Spun Candy Ltd.<br />
Address:<br />
Covent Garden, London,<br />
United Kingdom<br />
Website:<br />
www.spun-candy.com<br />
Year Established: 2013<br />
Country of Origin:<br />
UK<br />
No. of Units: 5<br />
Franchise Option:<br />
Master Franchise Agreement with<br />
Option to Sub-Franchise<br />
Franchise Fee:<br />
$US180,000<br />
Royalty:<br />
6% (50/50 split for sub-franchises)<br />
Unit Fees:<br />
$US15,000 - $US30,000<br />
Depending on Size (50/50 split for<br />
sub-franchises)<br />
Marketing Fund:<br />
4% With 3% Spent Locally & 1% to<br />
International Ad Fund<br />
Development Target: 8 Stores in 5 years<br />
Franchise Term:<br />
10+10 years<br />
For more information please contact Troy Franklin of World<br />
Franchise Associates at troy@worldfranchiseassociates.com or<br />
at +60192101909.<br />
Franchise Asia • <strong>2016</strong> Vol 29<br />
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