Kolaches: The Freshest Idea in Franchising?
There are so many franchises in the United States—approximately 780,000, according to the International Franchise Association. I love hearing about so many creative businesses on a daily basis. My latest fling? The Kolache Factory. There’s truly a niche for everyone.
If you don’t know, kolaches—pronounced coal-ah-chees—are a Czechoslovakian pastry most typically with a round area of fruit jelly in the center and a dusting of powdered sugar. They resemble mini pizzas, and some people make them savory instead of sweet.
Founded in Houston in 1982, Kolache Factory has fully built out the kolache concept with variants that include bacon and cheese, sausage and gravy, potato egg and cheese, and many of the traditional ones that are filled with fruit.
According to the Franchise Times Top 200+, Kolache Factory (#449 on the list) has 46 units, global sales of $28 million and an investment ranging between $250K and $500K.
As I’m in my early 30s and not fond of parting with my 401K just yet, I always thought I could ask family members for some seed funding if I came upon an incredible invention or business idea. Now, after all these years—thanks to kolaches—I may have finally found a way to get my proudly Czech grandmother on board. She’s got an eye for both business and symmetrical kolaches.
Math isn’t my strong suit, but according to my exclusive numbers, 780,000 franchises equates to a franchise (unit) for every 40 Americans. More than 10 months into the world of franchising, I’m still impressed by the sheer number and creativity of all the franchise concepts out there.
What new concept gets you fired up? Shoot me an email, as I’m always on the hunt for an interesting franchise idea—and seed money. Hint, hint, not-so-subtle hint. You know what? I'll just take some kolaches, please.