Shake's Frozen Custard vs Boloco Inspired Burritos Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shake's Frozen Custard vs Boloco Inspired Burritos including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Shake's Frozen Custard Franchise
Boloco Inspired Burritos Franchise
Investment $162,000 - $287,000$190,000 - $400,000
Franchise Fee $30,000$25,000
Royalty Fee 5%6%
Advertising Fee 3%-
Year Founded 19911997
Year Franchised 19982004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 50% of initial franchise fee$10000


Business Experience Requirements

 
Shake's Frozen Custard Franchise
Boloco Inspired Burritos Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Shake's Frozen Custard Franchise
    Boloco Inspired Burritos Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Shake's Frozen Custard Franchise
    Boloco Inspired Burritos Franchise
    Training As necessary-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks-
    Operations 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20

    Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Shake's Frozen Custard Franchise
    Boloco Inspired Burritos Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Shake's Frozen Custard

    Shake's Frozen Custard was established on three principles: Quality, Service, and Cleanliness. Today, these simple principles serve as the foundation from which Shake's, the Brand, continues to evolve. Our uncompromising dedication to the highest level of quality standards and our deep passion for service are, and will forever remain, the heart and soul of Shake's Frozen Custard. At Shake's Frozen Custard, we have an unrelenting focus on the future but we build our dreams on experience. Don and Debbie Osborne, founders of Shake's Frozen Custard, take great pride in having created a friendly, family oriented business. We realize that business success is fueled by individual customer experiences. Shake's Frozen Custard has an incredible ability to knock down the barriers of time and space in transporting us to those moments in our memory in which we experienced excitement, contentment, satisfaction, fun or any number of the seemingly infinite descriptors of human emotion. Shake's Frozen Custard offers the highest quality, premium ice cream today with the fast, friendly "service with a smile" of days gone by.Shake's Frozen Custard is a vibrant, one of a kind experience driven by a variety of interactive zones and viewing stations all leading to the presentation of the "World's best frozen dessert!" Shake's is much, much more than a simple restaurant. Shake's is a multi-sensory experience in which friends, families and loved ones build long lasting memories of quality, fun, and excitement. Every component of the facility generates a symphonic atmosphere that lends itself to the creation of wholesome, multi-generational, electrifying experiences. Customers of all ages enjoy reliving memories of "homemade" ice cream outings of days gone by with those special people in their lives.
    Shake's Frozen Custard provides our customers with a timeless and exciting experience - creating Memories of pure, powerful joy through a steadfast commitment to uncompromising quality, service, and cleanliness.

    About Boloco Inspired Burritos

    boloco believes that even a burrito aspires. The Boston-based family of 22 restaurants and over 400 team members since 1997 serves globally inspired burritos, bowls, smoothies and shakes in locations throughout the Eastern United States. boloco’s unique purpose is to use a simple burrito to transform the lives and futures of people working in food service, for which it won the New England Ernst & Young Entrepreneur of the Year Award in 2012. In addition, boloco is 2-Star Certified by the Green Restaurant Association and continually takes important baby steps to improve its environ-mentality.