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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 />

25

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