Ritter's Frozen Custard Franchise
Frozen custard
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
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How much does it cost to open a Ritter's Frozen Custard Franchise ?
The investment required to open a Ritter's Frozen Custard Franchise is between $369,000 - $1,100,000 . There is an initial franchise fee of $27,500 which grants you the license to run a business under the Ritter's Frozen Custard name.
Individual Franchise Costs
- Initial Investment:
$369,000 - - Initial Franchise Fee:
$27,500 - Royalty Fee:
5% - Term of Agreement:
10 years - Renewal Fee:
$5K
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
Co-op advertising, Ad slicks, Regional advertising
Ritter's Frozen Custard Growth History
When did the first Ritter's Frozen Custard open? 1990When did Ritter's Frozen Custard start Franchising ? 1994
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 63 | 0 | 0 | 3 |
| 2004 | 59 | 0 | 0 | 2 |
| 2003 | 42 | 0 | 0 | 2 |
| 2002 | 38 | 0 | 0 | 4 |
| 2001 | 36 | 0 | 0 | 4 |
Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, Nevada, Ohio, Pennsylvania, South Carolina, Tennessee, Texas,
How much money you could make as a Ritter's Frozen Custard Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Ritter's Frozen Custard Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for Ritter's Frozen Custard and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Ritter's Frozen Custard franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.