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General

Industry

-

Category

Food and Beverage

SBA Identifier

S2101

Year of Founding

2012

Fees

Marketing Fee

1.25%

Royalty Fee

7%

Franchise Fee

$10,000-$50,000

Investment Range

$104K-$1.03M

Location units

Total U.S. Locations

15

U.S. Franchised Units

14

U.S. Corporate Units

1

Headquarters (City)

NY

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2012

Issuance of FDD Data

05/08/2018

What to know about Amorino franchise?

The franchisee will operate an upscale retail gelato and sorbet store or outlet offering authentic gelato, coffees, candies, chocolates, cakes, cookies, hot chocolates, teas, waffles, focaccina and other baked goods and related products or services for dine-in and take out service. The franchisee will operate under the tradename "Amorino".

Amorino is based in New York, NY. Scroll down to learn more!

How Much Does a Amorino Franchise Cost?

Are you wondering how much is a Amorino franchise? Before starting a Amorino franchise, it is important to know the Amorino franchise fee ($30,000) working capital and other costs required to start the business.

The minimum investment amount required to open a Amorino franchise is $104,200 and can go all the way up to $1,030,750. Keep in mind, you should also allocate additional funds to live off of while the Amorino business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Amorino franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Amorino business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Amorino franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Industry Report Request

Download our guide to compare Amorino. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year
2016 8 7 1 14
2017 14 1 1 14

Additional Details

How much does a Amorino franchise owner make?

Amorino franchise earnings and revenue can vary significantly from one franchisee to another. The Amorino franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Amorino discloses financials at the unit level. In other words, they show how much Amorino franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Amorino franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Amorino. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Amorino owners were making.

Visit the Amorino metrics tab, to explore the financials for this business.

What is the Amorino Franchise Fee?

Owning a Amorino franchise requires a 7% royalty fee and a 1% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Amorino franchise fee of $30,000 that is included in the initial investment amount of $104,200 to $1,030,750. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Amorino franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Amorino franchise fee of $30,000.

Visit the Amorino metrics tab to explore how the franchise, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Amorino founded?

Amorino was founded 10 years ago in 2012. Amorino started offering franchises in 2012. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Amorino locations are in the U.S.?

As of Issuance of 2018, there were 14 Amorino locations owned and operated by franchisees across the U.S. There are also 1 corporate locations owned and operated by Amorino. Most Food and Beverage franchises like Amorino have more franchised locations than corporate locations.

How many Amorino franchises opened over the past few years?

Over the prior 3 years we have data for, Amorino has opened 8 outlets throughout the U.S.

Visit the Amorino metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Amorino franchises closed over the past few years?

Over the prior 3 years we have data for, Amorino has closed 2 outlets throughout the U.S.

Visit the Amorino metrics tab to explore how the closures compare to other Food and Beveragefranchises.

Is Amorino growing? Are they opening more locations than they are closing?

The net unit growth rate for Amorino over the past 3 years is N/A. Over the last year we have data for, Amorino had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Amorino growth rate compares to 2,000+ other franchises and Food and Beverage franchises like Amorino. More info in the Amorino metrics tab.

Is Amorino franchise eligible for an SBA Loan?

Amorino is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Amorino franchise was assigned the SBA Franchise ID of S2101 on 10/1/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Amorino that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is Amorino a franchise in the United States?

According to the SBA, Amorino meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Amorino provides you with an FDD if you are in discussion to buy a Amorino.

What is the Amorino Franchise for Sale Rate?

The Amorino systemwide health and franchisee satisfaction can be measured by the Amorino franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Amorino over the past 3 years is 0%. Over the last year we have data for, Amorino had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Amorino franchise for sale rate compares to 2,000+ other franchises and Food and Beverage franchises like Amorino. More info in the Amorino metrics tab.

What is the Amorino Franchise Failure Rate?

Amorino franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Amorino failure rate over the past 3 years is 14%. Over the last year we have data for, Amorino had a franchise failure rate of 7%

Without a comparison, this number doesn’t mean much. Compare how the Amorino failure rate compares to 2,000+ other franchises and Food and Beverage franchises like Amorino. More info in the Amorino metrics tab.

How can I find out more details on Amorino franchise?

Visit the Amorino metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

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General

Industry

-

Category

Food and Beverage

SBA Identifier

S2101

Year of Founding

2012

Fees

Marketing Fee

1.25%

Royalty Fee

7%

Franchise Fee

$10,000-$50,000

Investment Range

$104K-$1.03M

Location units

Total U.S. Locations

15

U.S. Franchised Units

14

U.S. Corporate Units

1

Headquarters (City)

NY

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2012

Issuance of FDD Data

05/08/2018

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Amorino

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2018)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Amorino

NA

NA

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Amorino

NA

NA

Industry median

All franchises median

Unlock premium content

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Amorino

$567,475

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Amorino

7%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

Amorino

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

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Business details

Company name

-

Business email

us@amorino.com

Mailing address

60 University Place

State headquarters

New York

Key leadership

Amorino

Phone

+1 (000) 000-00-00

City

New York

Zip code

10003

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