Start-Up Costs and Fees |
||
| Surf City Squeeze | Abbott's Frozen Custard | |
| Investment | 64600 - 311750 | 332254 - 571634 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5.50% |
| Advertising Fee | 1% | 0.19Cents/Gal. |
| Year Founded | 1989 | 1902 |
| Year Franchised | 1995 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Surf City Squeeze | Abbott's Frozen Custard | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Surf City Squeeze | Abbott's Frozen Custard | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Surf City Squeeze | Abbott's Frozen Custard | |
| Training | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op advertising, Ad slicks |
| Operations | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | 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 |
||
| Surf City Squeeze | Abbott's Frozen Custard | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |
| Franchise Fee | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |
| Royalty Fee | |
| Surf City Squeeze | 6% |
| Abbott's Frozen Custard | 5.50% |
| Advertising Fee | |
| Surf City Squeeze | 1% |
| Abbott's Frozen Custard | 0.19Cents/Gal. |
| Year Founded | |
| Surf City Squeeze | 1989 |
| Abbott's Frozen Custard | 1902 |
| Year Franchised | |
| Surf City Squeeze | 1995 |
| Abbott's Frozen Custard | 1977 |
| Term Of Agreement | |
| Surf City Squeeze | 10 years |
| Abbott's Frozen Custard | 10 years |
| Renewal Fee | |
| Surf City Squeeze | 75% of then-current fee |
| Abbott's Frozen Custard | |
Business Experience Requirements |
|
| Experience | |
| Surf City Squeeze | Industry experience General business experience |
| Abbott's Frozen Custard | |
Financing Options |
|
| Franchise Fees | |
| Surf City Squeeze | No |
| Abbott's Frozen Custard | No |
| Start-up Costs | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |
| Equipment | |
| Surf City Squeeze} | |
| Abbott's Frozen Custard | |
| Inventory | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |
| Receivables | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |
| Payroll | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |
Training & Support |
|
| Training | |
| Surf City Squeeze | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| 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. |
| Support | |
| Surf City Squeeze | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Abbott's Frozen Custard | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Surf City Squeeze | Co-op advertising, Ad slicks, Regional advertising |
| Abbott's Frozen Custard | Co-op advertising, Ad slicks |
| Operations | |
| Surf City Squeeze | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |
| Canada Expansion | |
| Surf City Squeeze | 0 |
| Abbott's Frozen Custard | |
| International Expansion | |
| Surf City Squeeze | |
| Abbott's Frozen Custard | |