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Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Vitality Juice including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $332,254 - $571,634 | $128,000 - $393,500 |
Franchise Fee | $37,000 | $15,000 - $35,000 |
Royalty Fee | 5.5% | 5% |
Advertising Fee | 0.19Cents/Gal. | - |
Year Founded | 1902 | 2004 |
Year Franchised | 1977 | 2005 |
Term Of Agreement | 10 years | 15 years |
Term Of Agreement | 10 years | 15 years |
Renewal Fee | - | $10000 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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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. | * Available at headquarters: 2 weeks * At franchisee's location: 1 week * Ongoing as needed, at any location |
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) | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 12 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING