Start-Up Costs and Fees |
||
| Sweet Nel's | Abbott's Frozen Custard | |
| Investment | 354000 - 539000 | 332254 - 571634 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 5.50% |
| Advertising Fee | 2% | 0.19Cents/Gal. |
| Year Founded | 2015 | 1902 |
| Year Franchised | 2015 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sweet Nel's | Abbott's Frozen Custard | |
| Experience | ||
Financing Options |
||
| Sweet Nel's | 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 |
||
| Sweet Nel's | Abbott's Frozen Custard | |
| Training | 2 weeks of intensive training from the most basic of shop functions to the most comprehensive management techniques necessary to run the Sweet Nel's business. Training is ongoing for both you and your employees. | 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 | A Sweet Nel's consultant will guide you through every phase of development and, eventually, to help you open your shop. After shop construction, and for the 2-weeks prior to grand opening, we will assist in setting up your Sweet Nel's Shop. Sweet Nel's franchisees are provided with a Field Service Consultant on-call to answer questions and to provide support. They will visit on a regular basis and have an in-depth meeting about how things are going and to offer suggestions and evaluations. | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | We support you with the tools you need to take advantage of promotional opportunities and create new programs on an ongoing basis. | Co-op advertising, Ad slicks |
| Operations | We do not allow multiple shop ownership at this time. | 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 |
||
| Sweet Nel's | Abbott's Frozen Custard | |
| US Expansion | Delaware, New Jersey, Pennsylvania | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
| Franchise Fee | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
| Royalty Fee | |
| Sweet Nel's | 5% |
| Abbott's Frozen Custard | 5.50% |
| Advertising Fee | |
| Sweet Nel's | 2% |
| Abbott's Frozen Custard | 0.19Cents/Gal. |
| Year Founded | |
| Sweet Nel's | 2015 |
| Abbott's Frozen Custard | 1902 |
| Year Franchised | |
| Sweet Nel's | 2015 |
| Abbott's Frozen Custard | 1977 |
| Term Of Agreement | |
| Sweet Nel's | |
| Abbott's Frozen Custard | 10 years |
| Renewal Fee | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
Business Experience Requirements |
|
| Experience | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
Financing Options |
|
| Franchise Fees | |
| Sweet Nel's | No |
| Abbott's Frozen Custard | No |
| Start-up Costs | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
| Equipment | |
| Sweet Nel's} | |
| Abbott's Frozen Custard | |
| Inventory | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
| Receivables | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
| Payroll | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
Training & Support |
|
| Training | |
| Sweet Nel's | 2 weeks of intensive training from the most basic of shop functions to the most comprehensive management techniques necessary to run the Sweet Nel's business. Training is ongoing for both you and your employees. |
| 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 | |
| Sweet Nel's | A Sweet Nel's consultant will guide you through every phase of development and, eventually, to help you open your shop. After shop construction, and for the 2-weeks prior to grand opening, we will assist in setting up your Sweet Nel's Shop. Sweet Nel's franchisees are provided with a Field Service Consultant on-call to answer questions and to provide support. They will visit on a regular basis and have an in-depth meeting about how things are going and to offer suggestions and evaluations. |
| Abbott's Frozen Custard | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Sweet Nel's | We support you with the tools you need to take advantage of promotional opportunities and create new programs on an ongoing basis. |
| Abbott's Frozen Custard | Co-op advertising, Ad slicks |
| Operations | |
| Sweet Nel's | We do not allow multiple shop ownership at this time. |
| 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 | |
| Sweet Nel's | Delaware, New Jersey, Pennsylvania |
| Abbott's Frozen Custard | |
| Canada Expansion | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |
| International Expansion | |
| Sweet Nel's | |
| Abbott's Frozen Custard | |