Are you in search of a well-known food and beverage business that specializes in Korean-style hot dogs? Are you a devoted corndog enthusiast eager to elevate your passion by partnering with a popular food chain in the United States?
In this blog, we’ll be covering a comprehensive article on Two Hands Corn Dogs Franchise, along with its cost, fee, profit, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
- Brand: Two Hands Corn Dogs
- Founded: 2019
- Key People: Two Hands America Inc.
- Industry: Food & Beverages
- No. of outlet: 40+
- Area served: United States
- Franchise Fee: $35,000
- Royalty Fee: 5%
- Ad Royalty Fee: 1%
- Model: Franchise
- Initial Investment: $210,500 to $350,000
Table of Contents
Overview of Two Hands Corn Dogs Franchise
Two Hands Corn Dogs, also known as Two Hands America Inc., emerged in 2019 as a prominent fast food chain based in Los Angeles, CA. Renowned across America, this popular establishment has carved a niche for itself by specializing in mouthwatering corn dogs.
These delectable treats are made by coating hot dogs with cornmeal batter, then deep-frying them to achieve a delectably golden brown and crispy texture.
In addition to their renowned hot dogs, Two Hands offers a diverse culinary experience with a wide selection of sausages, including beef, pork, chicken, and vegetarian varieties. It allows individuals to enjoy a range of flavors and cater to their specific dietary preferences when dining at Two Hands.
Two Hands’ distinctive recipes and diverse flavors have captured the attention of individuals across all age groups and genders. This widespread appeal has enabled the chain to rapidly expand to over 40 locations within just three years, with promising growth expected in the years to come.
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The Journey of Two Hands
From its modest origins, driven by the singular goal of providing a delightful and memorable dining experience, Two Hands Corn Dogs has inspired numerous entrepreneurs to open their own locations. Each of these establishments mirrors the lively and inviting ambiance of the original, boasting vibrant decor and a team of friendly staff members.
Key Facts on Two Hands Corn Dogs
| Sr No. | Type | Private |
|---|---|---|
| 1 | Trade Name | Two Hands America Inc. |
| 2 | Industry | Food & Beverages Restaurant |
| 3 | Founded | 2019 |
| 4 | Founders Or Parent Company | Two Hands America Inc. |
| 5 | Corporate Headquarters | California, US |
| 6 | Number of locations | 40 + Outlets |
| 7 | Area served | Across the US |
| 8 | Model | Franchise |
| 9 | Menu offering | Corn dogs, Chicken, Slush |
| 10 | Revenue | NA |
| 11 | Website | https://www.twohandsus.com/ |
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How much does a Two Hands Corn Dogs franchise cost?
The cost for starting a Two Hands Corn Dogs location may depend on several factors, such as, outlet’s geographical location, available floor area, and investment required to furnish the space. Additionally, the initial investment for Two Hands chain includes the franchise fee, equipment costs, leasehold improvements, and working capital.
To embark on the journey of owning a Two Hands Corn Dogs franchise, potential franchisees should be prepared to make a minimum investment ranging from $210,500 to $350,000, which may also include the franchise fee of $35,000.
How much is a Two Hands Franchise Fee?
The franchise fee for Two Hands is estimated to be around $35,000. Furthermore, Interested candidates may also require to meet the minimum financial requirement of at least a Net Worth of $500,000 and at least $250,000 in liquid assets.
Additional Cost for Two Hands Seoul Fresh Corn Dogs Franchise
Operating and sustaining a Two Hands location involves adhering to the franchise’s standards and incurring additional costs such as royalty fees, advertisement fees, maintenance fees, and other necessary investments.
The franchise may charge a royalty fee of 5% and ad royalty fee of 1%, which will be calculated on monthly gross sales. These fees contribute to the ongoing support and promotion of the Two Hands brand.
| Type of Fee | Cost & Other details |
|---|---|
| Franchise Fee | $35,000 |
| Royalty Fee | 5% |
| Ad Royalty Fee | 1% |
| Agreement Period | ~10 Years |
| Net Worth | $500,000 |
| Required liquid capital | $250,000 |
| Grand Opening Charges | $5,000-$10,000 |
| Total Initial Investment | $210,500 to $350,000 |
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How much is Two Hands Corn Dogs Profit Margin?
The chain is experiencing strong demand and holds promising growth prospects thanks to its impressive growth trajectory and ambitious plans to open over 100 outlets shortly.
Furthermore, with Two Hands’ expertise in specialized cuisine, a diverse range of corn dog varieties and flavors, an expanding customer base, exceptional training and support programs, and an affordable menu, new franchise owners will have the potential to achieve a healthy profit margin within a few months of their outlet’s operation.
Moreover, given the exceptional growth rate of the food and beverage industry and its highly competitive nature, one can expect a net profit margin of 8-12% from a Two Hands food chain.
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Why Consider Owning a Two Hands Corn Dogs Franchise?
There could be several reasons for starting a Two Hands locations and some of them are listed down for reference;
- Varieties in cuisines:
- As a franchisee, you will have the opportunity to provide a diverse selection of affordable menus that appeal to customers of all ages. It can contribute to establishing a solid foundation for future growth and success for the franchisee.
- Strong brand recognition:
- Two Hands has established itself as a prominent player in the Food industry thanks to its uniquely-prepared Korean styled hot dogs, eventually providing a competitive edge in the F&B market for a new franchisee.
- Training and support:
- Interested franchise prospects can greatly benefit from Two Hands’ proven business model and successful track record in operating its outlets.
- Additionally, the Two Hands’ team offers an extensive training program that provides valuable insights into the company’s operations and day-to-day tasks.
- Interested franchise prospects can greatly benefit from Two Hands’ proven business model and successful track record in operating its outlets.
- Marketing and advertising Support:
- As a franchisee, you’ll be able to leverage Two Hands’ marketing campaigns social media promotion, and digital advertising to create awareness.
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What does it require to franchise a Two Hands Corn Dogs Location?
To own a Two Hands location, you might have to meet the certain requirements. However, we have enlisted a few major Two Hands Corn Dogs franchise requirements for your reference;
- First and most important – One should be financially well-qualified and have good credit to start a Two Hands location, and should be ready to invest a minimum of $210,500 to $350,000.
- Interested applicants will be advised to dedicate themselves to the Two Hands business and follow the company standards and maintain their legacy.
- Interested applicants will have to undergo and complete the necessary training program offered by the Two Hands team.
- Prospective applicants must possess a strong work ethic and unwavering dedication, as they will be actively involved during the initial stages of their new venture with Two Hands.
- Interested franchisees should have passion to work in the Food and Beverages industry and should possess the leadership and financial skills to operate a Two Hands outlet.
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Is Two Hands Corn Dogs a Franchise?
Certainly! Two Hands is a rapidly expanding fast food chain with a strong presence, boasting over 40+ outlets. With ambitious plans to open over 100 more outlets in the coming years, Two Hands is establishing itself as a popular and thriving brand in the industry.
How to Start a Two Hands Corn Dogs Franchise?
Opening a Two Hands outlet as a franchise owner involves a relatively low investment while offering an impressive gross profit margin. Moreover, the Two Hands chain brings numerous benefits, and interested candidates can leverage their expertise and comprehensive support systems to establish franchise outlets in their city.
One can avail this franchise using below mentioned steps;
- Visit its official website and navigate to the franchising section;
- You need to fill in the details like Name, Email ID, Phone Number, Area of Interest, and other required info.
Final Takeaway – Conclusion
Certainly, Two Hands Corn Dogs is one of the most popular, leading, and chain of successful Korean-inspired restaurants, specialized in serving varieties of Hot Dogs, slush, cold beverages, and much more.
With an impressive presence of over 40+ locations across the United States, the chain has ambitious plans to expand even further, aiming to reach over 100+ locations in the upcoming years.
With an Initial investment of $210,500 to $350,000, the Two Hands chain may offer an outstanding profit margin to its stakeholders and one may anticipate an exceptional gross profit margin and a net profit margin of 8-12%.
The Bottom line – In case you are interested in the Food and Beverages industry and want to take advantage of the opportunity with moderate investment, you can start a Two Hands outlet in your city.
So, what are you waiting for? Go and start your entrepreneurial journey with Two Hands!!
Good Luck!! Happy Franchising!!
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FAQ
How much does it cost to start a Two Hands Corn Dogs franchise?
Ans: The initial investment required to set up a Two Hands outlet will be around $210,500 to $350,000, which also includes the franchise fee of $35,000.
Is Two Hands Corn Dogs Franchise Profitable?
Ans: The profit margin of Two Hands Corn dogs may vary depending on several factors such as average customer footfall, market condition, services offering, customer experience, and etc.
Nevertheless, considering the surge in F&B industry, uniquely-styled recipe, and low startup cost may allow new franchisee to anticipate a net profit margin of 8-12% and a RoI of 18-36 months.
