Rocky Mountain Chocolate Factory
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Rocky Mountain Chocolate Factory | |
Type | Public (NASDAQ: RMCF) |
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Founded | 1981 |
Headquarters | Durango, Colorado, USA |
Key people | Franklin E. Crail, Founder and CEO |
Industry | Chocolate and other confectionery |
Revenue | 26.8 million USD (2005) |
Employees | 250 (2005 figure) |
Website | http://www.rmcf.com |
Rocky Mountain Chocolate Factory (NASDAQ: RMCF) is a chocolate company retailer and manufacturer based in Durango, Colorado. It manufactures chocolate and other confections at its Durango factory, though some products are made at individual stores. The company has 323 franchise locations in 40 US states, Guam, Canada and the United Arab Emirates.
[edit] History
The company was founded by Frank Crail, who had recently moved to Durango from Newport Beach, California to raise his family in a small town. He later confessed to Candy industry magazine that he would have opened a See's Candies, but the company doesn't sell franchises. In 1981 the first store was opened on Main street by Frank and two partners. In 1982 the company's first franchises, one in Colorado Springs and one in Park City, Utah an offsite factory was also built that year. In 1983 the two other partners left the bussiness. In 1986 the company went public on the NASDAQ.