Shilla Bakery franchise
2024 filing · January 25, 2024
Shilla Bakery at a glance
A bakery café selling breads, cakes, pastries and desserts, shaved ice, coffee, tea and bubble tea.
The business
- Franchisor
- Shilla Bakery Franchising, Inc
- The company that sells the franchises
- Current franchisor selling since
- 2021
- 3 years of selling franchises
- Franchisor based in
- Lorton, Virginia
- Typical size
- 2,000–3,500 sq ft
What you pay
- Cost to open
- $354K–$1.33M
- Excluding real estate
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross sales, paid weekly, plus up to 4% for national advertising once the fund starts
- Brand fund
- Yes
- Up to 4% of gross sales, paid with the royalty
- Renewal fee
- See terms
- 50% of the then current Initial Franchise Fee
- Agreement length
- 10 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- Franchised, 2023
- 1
- As printed in the filing
From Shilla Bakery Franchising, Inc’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Shilla Bakery among all franchises with the same figure.
| Figure | Shilla Bakery | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $842,500 | Costs more than 80% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
How much a Shilla Bakery franchise costs
Opening excluding real estate costs an estimated $354,000 to $1,331,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($150,000 to $650,000) and equipment package ($35,000 to $300,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | ||
| Travel and Living Expenses while Training | $2,000 | $7,000 | |
| Rent | $3,000 | $26,000 | |
| Leasehold Improvements | $150,000 | $650,000 | |
| Architect | $10,000 | $20,000 | |
| Millwork | $12,500 | $20,000 | |
| Equipment Package | $35,000 | $300,000 | |
| Furniture | $5,000 | $60,000 | |
| Smallwares | $10,000 | $20,000 | |
| Menu Board, Graphics, Interior Signage, TV, Music | $15,000 | $25,000 | |
| Exterior Signage | $5,000 | $15,000 | |
| Computer Hardware/Software Training | $5,000 | $15,000 | |
| Grand Opening Marketing | $10,000 | ||
| Insurance | $2,000 | $10,000 | |
| Misc. Opening Costs | $5,000 | $15,000 | |
| Security Deposits | $4,500 | $28,000 | |
| Opening Inventory | $15,000 | $25,000 | |
| Additional Funds - 3 Months | $30,000 | $50,000 | |
| Total | $354,000 | $1,331,000 | |
Source: Shilla Bakery Franchising, Inc, 2024 filing, page 22
Shilla Bakery franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: Shilla Bakery Franchising, Inc, 2024 filing, page 13
Royalty and ongoing fees
| Royalty | 6% of gross sales, paid weekly, plus up to 4% for national advertising once the fund starts. |
|---|---|
| Brand or marketing fund | Up to 4% of gross sales, paid with the royalty. |
| Renewal Fee | 50% of the then current Initial Franchise Fee |
| Replacement Manager Initial Training Program Fee | Up to $1000 per trainee |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Shilla Bakery Franchising, Inc, 2024 filing, page 14
Other fees as filed, from pages 15–17. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Shilla Bakery does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Shilla Bakery Franchising, Inc, 2024 filing, page 57
How Shilla Bakery compares
Of the 112 bakery franchises on this site, Shilla Bakery is the 60th cheapest to open.
| Figure | Shilla Bakery | Typical bakery brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $354K | $341K | $222K |
| Cost to open, high end | $1.33M | $720K | $477K |
| Franchise fee | $35K | $40K | $40K |
| Royalty | 6% | 6% | 6% |
| Shares earnings figures | No | 74 of 112 | 2,147 of 3,352 |
Typical is the median across the 112 brands in bakery franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2021 | 0 (0) | 4 |
| 2022 | 1 (+1) | 4 |
| 2023 | 1 (+1) | 4 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2023 counts come to 1, but the filing shows 0. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: coffee franchise costs and franchise failure rates.
Source: Shilla Bakery Franchising, Inc, 2024 filing, page 58
Who owns Shilla Bakery?
Shilla Bakery franchises are sold by Shilla Bakery Franchising, Inc. Its filing names no parent company.
From Shilla Bakery Franchising, Inc’s 2024 filing, page 7.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Shilla Bakery Franchising, Inc, 2024 filing, litigation on page 11, bankruptcy on page 12
Shilla Bakery filings
The figures on this page come from Shilla Bakery Franchising, Inc’s 2024 filing, issued January 25, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | January 25, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other bakery franchises
All bakery franchises
Shilla Bakery is also on these lists: coffee franchises, food franchises.