Abbott's Frozen Custard vs Boloco Inspired Burritos Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Boloco Inspired Burritos including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Abbott's Frozen Custard Franchise
Boloco Inspired Burritos Franchise
Investment $332,254 - $571,634$190,000 - $400,000
Franchise Fee $37,000$25,000
Royalty Fee 5.5%6%
Advertising Fee 0.19Cents/Gal.-
Year Founded 19021997
Year Franchised 19772004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -$10000


Business Experience Requirements
 
Abbott's Frozen Custard Franchise
Boloco Inspired Burritos Franchise
Experience --

Financing Options
 
Abbott's Frozen Custard Franchise
Boloco Inspired Burritos Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support
 
Abbott's Frozen Custard Franchise
Boloco Inspired Burritos Franchise
Training 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
 
Abbott's Frozen Custard Franchise
Boloco Inspired Burritos Franchise
US Expansion --
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Abbott's Frozen Custard

Abbott's Frozen Custard has stood for quality for over 100 years in Upstate New York. Back in the 1920s, people started treating themselves to Abbott's Frozen Custard down at Charlotte Beach on Lake Ontario. Today, the company has grown with franchises spreading out in Rochester, Syracuse and New York's Finger Lakes region. No matter where our stores are located, success has come about because our driving principle is to make the best frozen custard on earth .

The total investment necessary to begin operation of an Abbott’s Frozen Custard franchise is between $332,254 and $571,634. This includes an initial franchise fee of $37,000, and other initial fees of $138,354 to $156,801 that must be paid to the franchisor or affiliates for your first Abbott’s Store.
If you choose to enter into a Development Agreement, you must open a minimum of three stores. The total investment necessary under the Development Agreement is between $996,762 to $1,714,902. This includes $111,000 and other initial fees of $415,062 to $470,403 that must be paid to the franchisor or affiliates to open three stores.

About Boloco Inspired Burritos

boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.