How much did Gigi cupcakes sell for?
$6 million
The shops are named for Gina “Gigi” Butler, a Nashville entrepreneur who launched her business in 2008 and sold it for $6 million in 2016 to Fort Worth investment firm FundCorp, according to court documents. The shops sell about 15 varieties of cupcakes piled high with frosting.
Did Gigi’s cupcakes go out of business?
It is now in the process of being sold and will move locations. Now, Butler is taking a step back as owner of Gigi’s cupcakes and starting her latest baking venture: Pies by Gigi.
Why are Gigi’s cupcakes closing?
Gigi’s was closed for two months in 2020 after Covid-19 shuttered restaurants and many small retailers. Business was down about 30% when it reopened. Since Christmas, sales have fallen to 50% of pre-Covid levels. The business is losing money to keep its doors open; every dime goes toward rent or salaries.
How many Gigi cupcake locations are there?
Gigi’s Today Gigi’s has been swirling cupcakes for more than 12 years, growing from the first location in Nashville to more than 50 locations in 21 states.
What are you paying for when you pay to start a Gigi’s?
Gig’s Cupcakes has an initial franchise fee of $35,000. The initial investment to start a franchise generally amounts to around $190,000, not including the franchise fee.
Who is the CEO of Gigi’s Cupcakes?
Gigi Butler, entrepreneur and founder of Gigi’s Cupcakes, admits her story of success is full of sweet irony. Gigi opened her first Gigi’s Cupcakes location just off Music Row in Nashville, Tennessee in 2008. Gigi’s Cupcakes is now the largest cupcake franchise in the world.
Who is the owner of Gigi’s Cupcakes?
Does Gigi’s ship?
No matter where you live in the continental U.S., you can now get Gigi’s Cupcakes and baked goods shipped directly to family and friends regardless of where they live.
Who is the owner of Gigi’s cupcakes?
Who is the founder of Gigi?
Gigi Butler
Gigi Butler, entrepreneur and founder of Gigi’s Cupcakes, admits her story of success is full of sweet irony. Gigi opened her first Gigi’s Cupcakes location just off Music Row in Nashville, Tennessee in 2008. Gigi’s Cupcakes is now the largest cupcake franchise in the world.
Are Gigi Cupcakes made from scratch?
“We make everything from scratch. Everything,” Donna explained. “The cakes, the frosting, everything. Everything is made in house and made fresh every day, too.
Does Gigi cupcakes have sugar free?
Gigi’s sugar free cupcakes are sweetened with SPLENDA ® and topped with frosting sweetened with sugar substitute Malitol. “Starting off the New Year with healthier options is very exciting for us,” said Gigi Butler, founder of Gigi’s Cupcakes.