Start-Up Costs and Fees |
||
| Rita's | Sloan's Ice Cream | |
| Investment | 15100 - 435000 | 587952 - 896600 |
| Franchise Fee | 0 | |
| Royalty Fee | 6.50% | 6% |
| Advertising Fee | 3% | 1% Nat'l |
| Year Founded | 1984 | 1999 |
| Year Franchised | 1989 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rita's | Sloan's Ice Cream | |
| Experience | ||
Financing Options |
||
| Rita's | Sloan's Ice Cream | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rita's | Sloan's Ice Cream | |
| Training | 5 days at Cool University and 4 days on site | The initial training covers all material aspects of the operation of a Sloan's franchise and is comprised of classroom and on-the-job training. |
| Support | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | |
| Marketing | 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 |
||
| Rita's | Sloan's Ice Cream | |
| US Expansion | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia | 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 | Nationwide, | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rita's | |
| Sloan's Ice Cream | |
| Franchise Fee | |
| Rita's | |
| Sloan's Ice Cream | |
| Royalty Fee | |
| Rita's | 6.50% |
| Sloan's Ice Cream | 6% |
| Advertising Fee | |
| Rita's | 3% |
| Sloan's Ice Cream | 1% Nat'l |
| Year Founded | |
| Rita's | 1984 |
| Sloan's Ice Cream | 1999 |
| Year Franchised | |
| Rita's | 1989 |
| Sloan's Ice Cream | 1999 |
| Term Of Agreement | |
| Rita's | 10 years |
| Sloan's Ice Cream | 5 years |
| Renewal Fee | |
| Rita's | 50% of current franchise fee |
| Sloan's Ice Cream | |
Business Experience Requirements |
|
| Experience | |
| Rita's | |
| Sloan's Ice Cream | |
Financing Options |
|
| Franchise Fees | |
| Rita's | No |
| Sloan's Ice Cream | No |
| Start-up Costs | |
| Rita's | |
| Sloan's Ice Cream | |
| Equipment | |
| Rita's} | |
| Sloan's Ice Cream | |
| Inventory | |
| Rita's | |
| Sloan's Ice Cream | |
| Receivables | |
| Rita's | |
| Sloan's Ice Cream | |
| Payroll | |
| Rita's | |
| Sloan's Ice Cream | |
Training & Support |
|
| Training | |
| Rita's | 5 days at Cool University and 4 days on site |
| Sloan's Ice Cream | The initial training covers all material aspects of the operation of a Sloan's franchise and is comprised of classroom and on-the-job training. |
| Support | |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Sloan's Ice Cream | |
| Marketing | |
| Rita's | Ad slicks, National media, Regional advertising |
| Sloan's Ice Cream | |
| Operations | |
| 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 |
| Sloan's Ice Cream | |
Expansion Plans |
|
| US Expansion | |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Sloan's Ice Cream | 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 | |
| Rita's | |
| Sloan's Ice Cream | Nationwide, |
| International Expansion | |
| Rita's | |
| Sloan's Ice Cream | |