Start-Up Costs and Fees |
||
| Abbott's Frozen Custard | HipPOPs | |
| Investment | 332254 - 571634 | 245175 - 351450 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 0.19Cents/Gal. | |
| Year Founded | 1902 | 2012 |
| Year Franchised | 1977 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Abbott's Frozen Custard | HipPOPs | |
| Experience | ||
Financing Options |
||
| Abbott's Frozen Custard | HipPOPs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Abbott's Frozen Custard | HipPOPs | |
| Training | 3 days at Scoop School and 10 days of on-site training at your location, where we teach you everything you need to know to operate and manage an Abbott's Frozen Custard store. | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
| Support | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | Number of employees needed to run franchised unit: 4 - 6 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Abbott's Frozen Custard | HipPOPs | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | United Arab Emirates |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Abbott's Frozen Custard | |
| HipPOPs | |
| Franchise Fee | |
| Abbott's Frozen Custard | |
| HipPOPs | |
| Royalty Fee | |
| Abbott's Frozen Custard | 5.50% |
| HipPOPs | |
| Advertising Fee | |
| Abbott's Frozen Custard | 0.19Cents/Gal. |
| HipPOPs | |
| Year Founded | |
| Abbott's Frozen Custard | 1902 |
| HipPOPs | 2012 |
| Year Franchised | |
| Abbott's Frozen Custard | 1977 |
| HipPOPs | 2015 |
| Term Of Agreement | |
| Abbott's Frozen Custard | 10 years |
| HipPOPs | |
| Renewal Fee | |
| Abbott's Frozen Custard | |
| HipPOPs | |
Business Experience Requirements |
|
| Experience | |
| Abbott's Frozen Custard | |
| HipPOPs | |
Financing Options |
|
| Franchise Fees | |
| Abbott's Frozen Custard | No |
| HipPOPs | No |
| Start-up Costs | |
| Abbott's Frozen Custard | |
| HipPOPs | |
| Equipment | |
| Abbott's Frozen Custard} | |
| HipPOPs | |
| Inventory | |
| Abbott's Frozen Custard | |
| HipPOPs | |
| Receivables | |
| Abbott's Frozen Custard | |
| HipPOPs | |
| Payroll | |
| Abbott's Frozen Custard | |
| HipPOPs | |
Training & Support |
|
| Training | |
| Abbott's Frozen Custard | 3 days at Scoop School and 10 days of on-site training at your location, where we teach you everything you need to know to operate and manage an Abbott's Frozen Custard store. |
| HipPOPs | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
| Support | |
| Abbott's Frozen Custard | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| HipPOPs | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
| Marketing | |
| Abbott's Frozen Custard | Co-op advertising, Ad slicks |
| HipPOPs | |
| Operations | |
| Abbott's Frozen Custard | Number of employees needed to run franchised unit: 4 - 6 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| HipPOPs | |
Expansion Plans |
|
| US Expansion | |
| Abbott's Frozen Custard | |
| HipPOPs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Abbott's Frozen Custard | |
| HipPOPs | |
| International Expansion | |
| Abbott's Frozen Custard | |
| HipPOPs | United Arab Emirates |