Start-Up Costs and Fees |
||
| FrozenPeaks | Rita's | |
| Investment | 450000 - 830000 | 15100 - 435000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | |
| Advertising Fee | 3% | |
| Year Founded | 0 | 1984 |
| Year Franchised | 0 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| FrozenPeaks | Rita's | |
| Experience | ||
Financing Options |
||
| FrozenPeaks | Rita's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| FrozenPeaks | Rita's | |
| Training | Initial training, ongoing training, and ongoing support as deemed needed. | 5 days at Cool University and 4 days on site |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | |
| Marketing | Frozen Peaks National Consumer website is part of your monthly Marketing and Technology Fund Fee which also contains each franchisee s individual Micro-Site. The purpose of the National Consumer website is to establish and promote the Frozen Peaks brand to attract retail business for our franchisees. Visitors to the website will encounter the Franchisee Location Finder, allowing them to find the Frozen Peaks nearest to them. You will be provided your own individual, personalized location Micro-Site for your franchise. | Ad slicks, National media, Regional advertising |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | |
Expansion Plans |
||
| FrozenPeaks | Rita's | |
| US Expansion | Nationwide, | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| FrozenPeaks | |
| Rita's | |
| Franchise Fee | |
| FrozenPeaks | |
| Rita's | |
| Royalty Fee | |
| FrozenPeaks | |
| Rita's | 6.50% |
| Advertising Fee | |
| FrozenPeaks | |
| Rita's | 3% |
| Year Founded | |
| FrozenPeaks | 0 |
| Rita's | 1984 |
| Year Franchised | |
| FrozenPeaks | 0 |
| Rita's | 1989 |
| Term Of Agreement | |
| FrozenPeaks | |
| Rita's | 10 years |
| Renewal Fee | |
| FrozenPeaks | |
| Rita's | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| FrozenPeaks | |
| Rita's | |
Financing Options |
|
| Franchise Fees | |
| FrozenPeaks | |
| Rita's | |
| Start-up Costs | |
| FrozenPeaks | |
| Rita's | |
| Equipment | |
| FrozenPeaks} | |
| Rita's | |
| Inventory | |
| FrozenPeaks | |
| Rita's | |
| Receivables | |
| FrozenPeaks | |
| Rita's | |
| Payroll | |
| FrozenPeaks | |
| Rita's | |
Training & Support |
|
| Training | |
| FrozenPeaks | Initial training, ongoing training, and ongoing support as deemed needed. |
| Rita's | 5 days at Cool University and 4 days on site |
| Support | |
| FrozenPeaks | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Marketing | |
| FrozenPeaks | Frozen Peaks National Consumer website is part of your monthly Marketing and Technology Fund Fee which also contains each franchisee s individual Micro-Site. The purpose of the National Consumer website is to establish and promote the Frozen Peaks brand to attract retail business for our franchisees. Visitors to the website will encounter the Franchisee Location Finder, allowing them to find the Frozen Peaks nearest to them. You will be provided your own individual, personalized location Micro-Site for your franchise. |
| Rita's | Ad slicks, National media, Regional advertising |
| Operations | |
| FrozenPeaks | |
| Rita's | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time |
Expansion Plans |
|
| US Expansion | |
| FrozenPeaks | Nationwide, |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | |
| FrozenPeaks | |
| Rita's | |
| International Expansion | |
| FrozenPeaks | |
| Rita's | |