Abbott's Frozen Custard vs Sloan's Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Sloan's Ice Cream including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$332,254 - $571,634 | $587,952 - $896,600 |
Franchise Fee |
$37,000 | $40,000 |
Royalty Fee |
5.5% | 6% |
Advertising Fee |
0.19Cents/Gal. | 1% Nat'l |
Year Founded |
1902 | 1999 |
Year Franchised |
1977 | 1999 |
Term Of Agreement |
10 years | 5 years |
Term Of Agreement |
10 years | 5 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
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. | The initial training covers all material aspects of the operation of a Sloan's franchise and is comprised of classroom and on-the-job training. |
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 |
US Expansion |
- | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | - |
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 Sloan's Ice Cream
Since opening our first store in 1999, Sloan's has become an icon of Southern Florida for great ice cream and great fun. Our unmistakable look, terrific service and unforgettable ice cream have become a tourist attraction and a hot spot for local residents. While we think we have the greatest ice cream on the planet, what really differentiates Sloan's is the brand and systems that we have created to replicate the memorable experiences for all of our customers.
Sloan's has been the recipient of numerous awards for best luxury ice cream.
We are a family business and our franchisees can also be family businesses. Sloan Kamenstein created Sloan's out of a love of fine foods and sweets. As an accomplished chef and entrepreneur, Sloan still leads the company and is heavily involved in innovation, product development and growth.
Sloan's builds its customer following by providing what we believe to be the best service, best product and best atmosphere. Each store is impeccably designed to create an emotional response for kids and adults and keep them coming back.
Becoming a Sloan's franchisee gives you access to our brand, systems, training and support as you own and operate your very own Sloan's ice cream and candy store. You get:
*Sloan's logos, signage, designs and operational systems
*Buying power through our suppliers
*Site selection and build out assistance
*Extensive training in Florida at our headquarters and in our stores
*On-site assistance just prior and during the opening of your location
*An in-depth operations manual for every aspect of store ownership
*Marketing materials and marketing assistance
*Ongoing support site visits from Sloan's staff
*Unlimited access to our team via phone and email
We are dedicated to the personal and professional growth of our franchisees. The opportunity to own your own business without being alone has never been sweeter.