Start-Up Costs and Fees |
||
| Handel's Homemade Ice Cream | Rita's | |
| Investment | 234500 - 814500 | 15100 - 435000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6.50% |
| Advertising Fee | 3% | |
| Year Founded | 1945 | 1984 |
| Year Franchised | 1989 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Handel's Homemade Ice Cream | Rita's | |
| Experience | In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000. | |
Financing Options |
||
| Handel's Homemade Ice Cream | Rita's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Handel's Homemade Ice Cream | Rita's | |
| Training | On-The-Job Training: 120 hours Classroom Training: 4 hours | 5 days at Cool University and 4 days on site |
| Support | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Marketing | Ad Templates Social media Website development Email marketing | Ad slicks, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 25 | 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 |
||
| Handel's Homemade Ice Cream | Rita's | |
| US Expansion | 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 | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Handel's Homemade Ice Cream | |
| Rita's | |
| Franchise Fee | |
| Handel's Homemade Ice Cream | |
| Rita's | |
| Royalty Fee | |
| Handel's Homemade Ice Cream | 6% |
| Rita's | 6.50% |
| Advertising Fee | |
| Handel's Homemade Ice Cream | |
| Rita's | 3% |
| Year Founded | |
| Handel's Homemade Ice Cream | 1945 |
| Rita's | 1984 |
| Year Franchised | |
| Handel's Homemade Ice Cream | 1989 |
| Rita's | 1989 |
| Term Of Agreement | |
| Handel's Homemade Ice Cream | |
| Rita's | 10 years |
| Renewal Fee | |
| Handel's Homemade Ice Cream | |
| Rita's | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Handel's Homemade Ice Cream | In order to be considered, you must have a net worth of $250,000 and unrestricted capital in the amount of $100,000. |
| Rita's | |
Financing Options |
|
| Franchise Fees | |
| Handel's Homemade Ice Cream | |
| Rita's | |
| Start-up Costs | |
| Handel's Homemade Ice Cream | |
| Rita's | |
| Equipment | |
| Handel's Homemade Ice Cream} | |
| Rita's | |
| Inventory | |
| Handel's Homemade Ice Cream | |
| Rita's | |
| Receivables | |
| Handel's Homemade Ice Cream | |
| Rita's | |
| Payroll | |
| Handel's Homemade Ice Cream | |
| Rita's | |
Training & Support |
|
| Training | |
| Handel's Homemade Ice Cream | On-The-Job Training: 120 hours Classroom Training: 4 hours |
| Rita's | 5 days at Cool University and 4 days on site |
| Support | |
| Handel's Homemade Ice Cream | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Marketing | |
| Handel's Homemade Ice Cream | Ad Templates Social media Website development Email marketing |
| Rita's | Ad slicks, National media, Regional advertising |
| Operations | |
| Handel's Homemade Ice Cream | Number of Employees Required to Run: 25 |
| 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 |
Expansion Plans |
|
| US Expansion | |
| Handel's Homemade 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 |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | |
| Handel's Homemade Ice Cream | |
| Rita's | |
| International Expansion | |
| Handel's Homemade Ice Cream | |
| Rita's | |