Start-Up Costs and Fees |
||
| Ziiing Yogurt | Abbott's Frozen Custard | |
| Investment | 165636 - 506600 | 332254 - 571634 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5.50% |
| Advertising Fee | 2% | 0.19Cents/Gal. |
| Year Founded | 0 | 1902 |
| Year Franchised | 0 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ziiing Yogurt | Abbott's Frozen Custard | |
| Experience | > Understanding and agreement with the Ziiing Frozen Yogurt concept of high standards, operations and customer service. > Desire and ability to participate and conform with our operating system. > An enthusiastic and entrepreneurial spirit. > Willingness to devote full-time efforts to this business. > A minimum net worth (for single-unit operators) of $350,000 with at least $75,000 to $100,000 liquid. > Consistent employment or business ownership history. > Working knowledge of accounting and financial reports. > Strong communication and organizational skills. > Management experience. | |
Financing Options |
||
| Ziiing Yogurt | Abbott's Frozen Custard | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Ziiing Yogurt | Abbott's Frozen Custard | |
| Training | 1-day orientation, then a week at our corporate office and corporate store. The last portion of training consists of a corporate approved trainer going to your location & being there with you & your staff during the first week of opening. | 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 |
||
| Ziiing Yogurt | Abbott's Frozen Custard | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| Franchise Fee | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| Royalty Fee | |
| Ziiing Yogurt | 6% |
| Abbott's Frozen Custard | 5.50% |
| Advertising Fee | |
| Ziiing Yogurt | 2% |
| Abbott's Frozen Custard | 0.19Cents/Gal. |
| Year Founded | |
| Ziiing Yogurt | 0 |
| Abbott's Frozen Custard | 1902 |
| Year Franchised | |
| Ziiing Yogurt | 0 |
| Abbott's Frozen Custard | 1977 |
| Term Of Agreement | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | 10 years |
| Renewal Fee | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
Business Experience Requirements |
|
| Experience | |
| Ziiing Yogurt | > Understanding and agreement with the Ziiing Frozen Yogurt concept of high standards, operations and customer service. > Desire and ability to participate and conform with our operating system. > An enthusiastic and entrepreneurial spirit. > Willingness to devote full-time efforts to this business. > A minimum net worth (for single-unit operators) of $350,000 with at least $75,000 to $100,000 liquid. > Consistent employment or business ownership history. > Working knowledge of accounting and financial reports. > Strong communication and organizational skills. > Management experience. |
| Abbott's Frozen Custard | |
Financing Options |
|
| Franchise Fees | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| Start-up Costs | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| Equipment | |
| Ziiing Yogurt} | |
| Abbott's Frozen Custard | |
| Inventory | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| Receivables | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| Payroll | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
Training & Support |
|
| Training | |
| Ziiing Yogurt | 1-day orientation, then a week at our corporate office and corporate store. The last portion of training consists of a corporate approved trainer going to your location & being there with you & your staff during the first week of opening. |
| 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 | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | Co-op advertising, Ad slicks |
| Operations | |
| Ziiing Yogurt | |
| 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 | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| Canada Expansion | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |
| International Expansion | |
| Ziiing Yogurt | |
| Abbott's Frozen Custard | |