Rita's vs Handel's Homemade Ice Cream Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rita's 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 |
Investment |
$15,100 - $435,000 | $234,500 - $814,500 |
Franchise Fee |
$10,000 - $30,000 | $50,000 |
Royalty Fee |
6.5% | 6% |
Advertising Fee |
3% | - |
Year Founded |
1984 | 1945 |
Year Franchised |
1989 | 1989 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
50% of current franchise fee | - |
Business Experience Requirements |
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 |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
5 days at Cool University and 4 days on site | On-The-Job Training: 120 hours
Classroom Training: 4 hours |
Support |
Cool Support Center, newsletter, meetings, toll-free phone line, grand opening, security/safety procedures, field operations/evaluations | Meetings/Conventions
Grand Opening
Security/Safety Procedures
Field Operations
Site Selection |
Marketing |
Ad slicks, National media, Regional advertising | Ad Templates
Social media
Website development
Email marketing |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: average 2 full-time, 15 part-time | Number of Employees Required to Run: 25 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Rita's
From a small porch front in 1984 in Northeast Philadelphia and a seasonal phenomenon, Rita's continues to see unprecedented growth as it continues to grow across the nation becoming a year round spectacular with its cult-like following. Rita's - made fresh daily - Italian ice obsession is hitting everyone's taste buds and creating a passion not just for the brand but the opportunity to become a Rita's Italian ice franchise owner. It's no wonder we are wired for success and fueled up for our expansion not only across the nation, but internationally we are making our presence known.
Rita's franchisees come from all walks of life with one thing in common - the desire to choose their own destiny with a proven system providing on-going support; not to mention all having a passion for Rita's cool treats and foregoing happiness.
There's no better time than today to begin evaluating the Rita's business model. Why not get a taste of success and view our fresh and desirable products!
The total investment necessary to begin operation of a standard
Rita’s shop is between $175,500 and $435,000. These figures include
between $50,000 to $55,000 that must be paid to the franchisor or its
affiliate.
The total investment necessary to begin operation of an
express Rita’s shop is between $121,100 and $309,900. These figures
include between $33,000 to $33,500 that must be paid to the franchisor
or its affiliate.
If you enter into an agreement for a standard Rita’s
shop or express Rita’s shop, we may offer you the opportunity to enter
into an addendum to operate a Rita’s satellite shop and/or a Rita’s
mobile unit.
The total investment necessary to begin operation of a
Rita’s satellite shop is between $131,550 and $296,400. These figures
include between $19,200 to $25,500 that must be paid to the franchisor
or its affiliate.
The total investment necessary to begin operation of a
Rita’s mobile unit is between $15,100 and $144,600. These figures
include between $10,000 to $13,000 that must be paid to the franchisor
or its affiliate.
About Handel's Homemade Ice Cream
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.
#385 in Franchise 500 for 2020.