Start-Up Costs and Fees |
||
| Abbott's Frozen Custard | Smoothie Factory | |
| Investment | 332254 - 571634 | 141500 - 424500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 5% |
| Advertising Fee | 0.19Cents/Gal. | |
| Year Founded | 1902 | 1996 |
| Year Franchised | 1977 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Abbott's Frozen Custard | Smoothie Factory | |
| Experience | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital | |
Financing Options |
||
| Abbott's Frozen Custard | Smoothie Factory | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Abbott's Frozen Custard | Smoothie Factory | |
| 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. | |
| Support | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| 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 | Smoothie Factory | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
| Franchise Fee | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
| Royalty Fee | |
| Abbott's Frozen Custard | 5.50% |
| Smoothie Factory | 5% |
| Advertising Fee | |
| Abbott's Frozen Custard | 0.19Cents/Gal. |
| Smoothie Factory | |
| Year Founded | |
| Abbott's Frozen Custard | 1902 |
| Smoothie Factory | 1996 |
| Year Franchised | |
| Abbott's Frozen Custard | 1977 |
| Smoothie Factory | 1997 |
| Term Of Agreement | |
| Abbott's Frozen Custard | 10 years |
| Smoothie Factory | |
| Renewal Fee | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
Business Experience Requirements |
|
| Experience | |
| Abbott's Frozen Custard | |
| Smoothie Factory | * A 620 or higher credit score * Investment capital equal to 30% of the purchase price * $10-$15K of working capital |
Financing Options |
|
| Franchise Fees | |
| Abbott's Frozen Custard | No |
| Smoothie Factory | No |
| Start-up Costs | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
| Equipment | |
| Abbott's Frozen Custard} | |
| Smoothie Factory | |
| Inventory | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
| Receivables | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
| Payroll | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
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. |
| Smoothie Factory | |
| Support | |
| Abbott's Frozen Custard | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Smoothie Factory | |
| Marketing | |
| Abbott's Frozen Custard | Co-op advertising, Ad slicks |
| Smoothie Factory | |
| 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) |
| Smoothie Factory | |
Expansion Plans |
|
| US Expansion | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
| Canada Expansion | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |
| International Expansion | |
| Abbott's Frozen Custard | |
| Smoothie Factory | |