Abbott's Frozen Custard vs Let's Yo! Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Abbott's Frozen Custard vs Let's Yo! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$332,254 - $571,634 | $360,000 - $466,000 |
| Franchise Fee |
$37,000 | $25,000 |
| Royalty Fee |
5.5% | - |
| Advertising Fee |
0.19Cents/Gal. | - |
| Year Founded |
1902 | 2008 |
| Year Franchised |
1977 | 2008 |
| Term Of Agreement |
10 years | - |
| Term Of Agreement |
10 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. | - |
| 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 | - |
| 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 Let's Yo!
Want to own your own business, but don’t want to start from square one?
Looking to take advantage of the booming market within the franchise
industry? Know the basics of operating a business but want access to
expert training and corporate support?
Let’s Yo! Yogurt is looking for franchisees who have an entrepreneurial
spirit to aid in the growth of our rapidly expanding company. Today, $1
out of every $3 spent by Americans is for a good or service from a
franchise. Take advantage of our name recognition, excellent products,
and ideal business model to make your jump into the lucrative world of
business franchising. Become your own boss and the owner of a
successful, modern business by teaming up with Let’s Yo! Yogurt.
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