Start-Up Costs and Fees |
||
| The Cream & Fudge Factory | Rita's | |
| Investment | 85000 - 250000 | 15100 - 435000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6.50% |
| Advertising Fee | 2%local +2%Nat'l | 3% |
| Year Founded | 2005 | 1984 |
| Year Franchised | 2005 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Cream & Fudge Factory | Rita's | |
| Experience | ||
Financing Options |
||
| The Cream & Fudge Factory | Rita's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Cream & Fudge Factory | Rita's | |
| Training | The Cream & Fudge Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. The Cream & Fudge Factory also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store. | 5 days at Cool University and 4 days on site |
| Support | The Cream & Fudge Factory will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of The Cream & Fudge Factory's proven systems. | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Marketing | The Cream & Fudge Factory has ready-to-use proven promotions that can be adapted and implemented in your market. The Cream & Fudge Factory also has a professional team of graphic designers that can design specific promotions to meet your requirements. | Ad slicks, National media, Regional advertising |
| Operations | 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 |
||
| The Cream & Fudge Factory | Rita's | |
| US Expansion | 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 | |
| The Cream & Fudge Factory | |
| Rita's | |
| Franchise Fee | |
| The Cream & Fudge Factory | |
| Rita's | |
| Royalty Fee | |
| The Cream & Fudge Factory | 6% |
| Rita's | 6.50% |
| Advertising Fee | |
| The Cream & Fudge Factory | 2%local +2%Nat'l |
| Rita's | 3% |
| Year Founded | |
| The Cream & Fudge Factory | 2005 |
| Rita's | 1984 |
| Year Franchised | |
| The Cream & Fudge Factory | 2005 |
| Rita's | 1989 |
| Term Of Agreement | |
| The Cream & Fudge Factory | |
| Rita's | 10 years |
| Renewal Fee | |
| The Cream & Fudge Factory | |
| Rita's | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| The Cream & Fudge Factory | |
| Rita's | |
Financing Options |
|
| Franchise Fees | |
| The Cream & Fudge Factory | |
| Rita's | |
| Start-up Costs | |
| The Cream & Fudge Factory | |
| Rita's | |
| Equipment | |
| The Cream & Fudge Factory} | |
| Rita's | |
| Inventory | |
| The Cream & Fudge Factory | |
| Rita's | |
| Receivables | |
| The Cream & Fudge Factory | |
| Rita's | |
| Payroll | |
| The Cream & Fudge Factory | |
| Rita's | |
Training & Support |
|
| Training | |
| The Cream & Fudge Factory | The Cream & Fudge Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. The Cream & Fudge Factory also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store. |
| Rita's | 5 days at Cool University and 4 days on site |
| Support | |
| The Cream & Fudge Factory | The Cream & Fudge Factory will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of The Cream & Fudge Factory's proven systems. |
| Rita's | Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations |
| Marketing | |
| The Cream & Fudge Factory | The Cream & Fudge Factory has ready-to-use proven promotions that can be adapted and implemented in your market. The Cream & Fudge Factory also has a professional team of graphic designers that can design specific promotions to meet your requirements. |
| Rita's | Ad slicks, National media, Regional advertising |
| Operations | |
| The Cream & Fudge Factory | |
| 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 | |
| The Cream & Fudge Factory | |
| Rita's | Connecticut, Illinois, Indiana, Kentucky, Massachusetts, New Hampshire, New York, North Carolina, Ohio, Rhode Island, South Carolina, Tennessee, West Virginia |
| Canada Expansion | |
| The Cream & Fudge Factory | |
| Rita's | |
| International Expansion | |
| The Cream & Fudge Factory | |
| Rita's | |