Try My Nuts Nut Company is proud to announce that we are now offering a Trademark License Program to those interested in opening their very own Try My Nuts store!
Since our first year in business in 1999, the Try My Nuts brand has developed a loyal and strong customer following along the Outer Banks of North Carolina. We now have four locations in the Outer Banks of North Carolina as well as locations in Ashland, Virginia, Pigeon Forge, Tennessee and in Palm Desert, California.
Our Trademark License Program is designed to build upon the strengths of our brand, our brand image, and our brand heritage, while always delivering against our commitment to superior quality and customer-focused service.
Our program offers our licensees guidelines, marketing ideas, training and consultation options that will help new licensees successfully deploy and leverage our famous brand to achieve their objectives and grow their respective businesses.
The basics of the Trademark License program
Initial License Term: 1 license
5 Year License Fee: $10,000 *This is total for 5 years. Not $10,000 per year for 5 years.
Renewal Fee: $5,000 for additional 5 years
Inventory: Our licensees will be able to order directly from us for their store’s inventory needs.
Royalties on Sales: During the term of this Agreement, Licensee shall pay to Licensor a royalty fee equal to five percent (5%) of Licensee's Gross Sales (for the Trademark sold items only)
Territory: To be determined. You can open as many stores as you like in your territory.
The geographical area included in a standard License Agreement can be anywhere from a one to ten mile radius depending on the area’s population. This means that no other licensee will be allowed to open a Try My Nuts store or sell any Try My Nuts licensed products in your agreed upon area. If a licensee would like to have the exclusive rights for a larger area, that can be negotiated as well.
Whether your objectives are for a single store license or a group of stores within a defined marketing territory, we would like to hear your ideas and to share your vision.
Please contact us to learn more.
Have you ever wanted to own your own Try My Nuts store? Fill out the information below and let's get started!