|
Below is an in-depth analysis and side-by-side comparison of Sonic Drive In vs Dairy Belle Freeze including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $1,242,000 - $3,523,300 | $50,000 - $200,000 |
Franchise Fee | $45,000 | $12,500 |
Royalty Fee | 2.45-5% | - |
Advertising Fee | 3% | - |
Year Founded | 1954 | 1957 |
Year Franchised | 1959 | 1981 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | 10 years for $6K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 400 hours Classroom Training: 24 hours Additional Training: At existing franchise location | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app | - |
Operations |
International franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
The established brand recognition of the DAIRY BELLE name, our operating systems developed over the last 40+ years, and the ongoing support to our franchisees are the three keys to the success of our franchise system. The corporate staff provides experienced professionals who are available to support the franchisees in all phases of the customer service, operations, marketing, and research.
The DAIRY BELLE organization is seeking to award license agreements to people who have the ability and desire to enhance the DAIRY BELLE name. Qualified individuals who we believe can fully use our operating systems, take advantage of our ongoing support, and work cooperatively with other franchisees and company managers will be welcomed to join our team.