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Updated RecentlyAbbott's Frozen Custard vs Handel's Homemade Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Handel's Homemade Ice Cream 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 | $234,500 - $814,500 |
| Franchise Fee | $37,000 | $50,000 |
| Royalty Fee | 5.5% | 6% |
| Advertising Fee | 0.19Cents/Gal. | - |
| Year Founded | 1902 | 1945 |
| Year Franchised | 1977 | 1989 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| 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 |
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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. | On-The-Job Training: 120 hours Classroom Training: 4 hours |
| Support | Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks | Ad Templates Social media Website development Email marketing |
| Operations |
Number of employees needed to run franchised unit: 4 - 6
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | Number of Employees Required to Run: 25 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | 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 Handel's Homemade Ice Cream
!["Handels]("https://handelsicecream.com/wp-content/uploads/2020/05/HandelsLogo.Header.png")
Handel's Homemade Ice Cream & Yogurt is a popular ice cream
company franchise founded by Alice Handel in 1945 in Youngstown, Ohio.
As of 2020, the company was operating 50 corporate and franchise stores
in nine states. Today, it is owned by Leonard Fisher and maintains a
corporate headquarters in Canfield, Ohio.
The total investment necessary to begin operation of a Handel’s
Franchise ranges from $234,500 to $714,500. This includes between
$170,000 and $230,000 that must be paid to the franchisor or their
affiliates.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.
The total investment necessary to operate multiple Parlors under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Parlors is $334,500 to $814,500, which includes an initial development fee of $150,000 that is paid to the franchisor, and the total investment to open and commence operations of your initial Parlor. Under the area development agreement, the Development Fee is equal to $50,000 for each Parlor that the franchisor will grant you the right to open and operate under the Development Agreement.
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